Don't miss this incredible duplex located on a corner lot in the highly desirable Minnetonka School District. This side by side duplex offers flexibility for owner-occupants, investors or buyers considering a potential 1031 exchange. Each unit includes three bedrooms and two bathrooms, along with a fireplace, private deck and attached garage. The property is just blocks from the regional trail system and minutes from downtown Excelsior, providing convenient access to dining, shopping and lake-area amenities. The side by side layout with separate entrances supports independent living arrangements and multiple use options. AI virtual staging. Buyer to verify all measurements, uses and income potential.
Exceptional investment and lifestyle opportunity in the heart of Shorewood! This outstanding duplex is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. Whether you’re an investor or owner-occupant, this property offers a rare income-producing opportunity with strong rental potential while enjoying one of Lake Minnetonka’s most desirable communities. Both units have been extensively updated and well maintained. Major exterior improvements completed in 2010 include new columns, shutters, paint, professional landscaping, and a 35-year Timberline roof. Recent 2026 updates bring a fresh, modern feel throughout with new carpet, luxury vinyl plank flooring, full interior paint, updated light switches, painted garage and utility floors, and new appliances. Additional mechanical updates include newer furnaces installed within the past five years, providing added efficiency and peace of mind. Enjoy low-maintenance ownership, thoughtful updates, and an unbeatable location near trails, dining, and the best of Lake Minnetonka living.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Excelsior is located in Minnesota. Excelsior, Minnesota has a population of 2,389. Excelsior is less family-centric than the surrounding county with 28.17% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Excelsior, Minnesota is $88,000. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Excelsior is 43.9 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.6 inches per year, with 51 inches of snow per year.