$825,000

Positioned just one street from the Port of Excelsior with stunning lake views and the shores of Lake Minnetonka just steps away, this is a rare opportunity in one of the area’s most sought-after locations! The property offers exceptional flexibility - whether you want to bring your own vision to life, move forward with the fully approved proposed plans, or tear down the existing structure and start fresh. The current residence features a functional 4-bed, 3-bath layout with hardwood floors, abundant natural light, spacious living areas, and walkout access to back deck. A main-level bedroom paired with a nearby full bathroom offers added convenience and flexibility for guests, office space, or everyday living. Upstairs includes three bedrooms plus a flexible den/office space, while the walkout lower level adds additional living space, 3/4 bathroom, and storage versatility. An easement has already been secured for a future driveway and garage addition, significantly enhancing both value and usability! What truly sets this property apart is the extensive redevelopment groundwork already completed. Fully approved plans, variances, design review, architectural drawings, MEP plans, and curated finish selections are included if desired, creating a streamlined, permit-ready opportunity in a premier Excelsior setting!