Hennepin County, Minnesota

Luxury & Waterfront Homes in Excelsior, MN

Browse luxury and waterfront homes in Excelsior, MN — $1M+ estates, lakefront properties, and upscale communities. Expert luxury guidance from The PRO Team.

Luxury Homes & Estates in Excelsior

Excelsior is home to some of the Twin Cities' most exceptional luxury properties — from lake-view estates to architecturally significant custom builds. Here's what the top of the Excelsior market looks like.

Luxury & Waterfront Market

Gideon Bay and the Excelsior Commons waterfront are the lake-access anchors of the community. Lakefront properties in these areas range from $900K to $3M+, with exceptional demand from buyers priced out of Wayzata and Crystal Bay.

Luxury Threshold

$1M+

Entry to luxury segment

Appreciation Rate

+4.9%

Year-over-year

Price Per Sq Ft

$295

Median, all segments

Active Listings

21+

All price ranges

What Luxury Buyers Find in Excelsior

  • Direct Lake Minnetonka frontage with private docks and boat slips
  • Lake-view estates with panoramic water vistas
  • Custom-built and architecturally significant single-family homes
  • Gated communities and private enclaves with estate-scale lots
  • Chef's kitchens, home theaters, wine cellars, and resort-style outdoor spaces
  • Properties served by the Twin Cities' highest-rated school districts

Top Luxury Neighborhoods

Downtown Excelsior$500K – $1.2M

Walkable village center with a mix of restored Victorians, newer townhomes, and lake-view condos.

Gideon Bay$900K – $2.5M

Sought-after lake-access neighborhood with private shoreline and a classic Minnesota cottage aesthetic.

West Excelsior$550K – $900K

Quieter residential neighborhood with larger lots, updated homes, and proximity to local schools.

South Excelsior$400K – $800K

Diverse mix of price points, from starter homes to renovated lake-view properties.

Work With a Excelsior Luxury Specialist

Luxury transactions require specialized expertise — knowledge of off-market inventory, experience negotiating high-stakes offers, and connections to the concierge professionals who make a luxury move seamless. The PRO Team has represented buyers and sellers at every price point in Excelsior, including $2M+ lakefront estate transactions.

Lake Minnetonka Lakefront Estates

Lake Minnetonka lakefront is the most coveted residential address in Minnesota. With limited supply and extraordinary lifestyle, prices range from $1.5M to $8M+. The PRO Team has deep expertise in every bay and shoreline.

Frequently Asked Questions

Common questions about Excelsior luxury & waterfront homes from buyers and sellers.

What defines the luxury market in Excelsior?

In Excelsior, the luxury threshold begins around $1M+, with the true estate market extending to $2M+. Gideon Bay and the Excelsior Commons waterfront are the lake-access anchors of the community. Lakefront properties in these areas range from $900K to $3M+, with exceptional demand from buyers priced out of Wayzata and Crystal Bay.. The PRO Team has deep relationships in the Excelsior luxury segment and access to properties that never reach the public MLS.

Are there off-market luxury homes available in Excelsior?

Yes — in Excelsior's upper market, a meaningful portion of transactions happen quietly before or without public MLS listing. The PRO Team actively maintains relationships with luxury Excelsior homeowners and can connect qualified buyers with opportunities not available through traditional search portals. Contact us confidentially to discuss your luxury search criteria.

Luxury Market

Explore Luxury Homes in Excelsior

Access exclusive listings, off-market estates, and white-glove service for Excelsior's finest homes. The PRO Team represents luxury buyers and sellers across the west metro's most prestigious communities.

  • Off-market Excelsior luxury access
  • Confidential listing representation
  • National luxury buyer network
  • Premium marketing, staging & drone media

Get a local consultation based on your goals, property details, and current comparable-market information.

612-888-6127 · Same-day response

Also Explore These Nearby Communities

Compare Excelsior with surrounding west metro communities.

The PRO Team

Questions About Excelsior?

Our Excelsior specialists are ready to help — whether you're buying, selling, or just exploring your options.

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We work with buyers and sellers at every stage. Let's find the right starting point for you.

Luxury Market

Excelsior Luxury Properties

$1.17B Reported Team Sales

2017–2025 · owner-attested

3,483 Reported Transactions

2017–2025 · unique properties