Lori Gustafson

24850 Amlee Road

Excelsior, MN
$ 525,000 Beds 3 Baths 2 Sq 1,892
Monthly Estimate* How much can I afford?

Welcome to this beautifully reimagined 3-bedroom home, tucked away on a quiet cul-de-sac and backing directly to the scenic Hennepin county LRT Trail. Ideally located just minutes from Manitou Park, Crescent Beach, and the charm of historic Excelsior, this home offers the perfect blend of privacy, recreation, and convenience within the highly sought-after Minnetonka School District/Minnewashta Elementary. Thoughtfully updated throughout, recent improvements include a new roof, driveway, refinished hardwood floors, and a beautifully updated kitchen. The open, vaulted floor plan creates a bright and inviting atmosphere, complemented by a freshly painted interior and two cozy fireplaces. Enjoy outdoor living at its finest with a spacious screened porch and freshly painted deck overlooking the private, fully fenced backyard. The finished walkout lower level adds valuable living space and flexibility for entertaining, relaxing, or working from home. Move-in ready and meticulously maintained, this exceptional property offers the turnkey lifestyle today’s buyers are looking for.

Single Family

  • Price
  • $ 525,000
  • City
  • Excelsior
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Amlee Acres
  • Lot Size
  • 0.51 Acres
  • Zip
  • 55331
  • Sqr Footage
  • 1,892
  • Year Built
  • 1961
  • Taxes
  • $ 5140
  • Style
  • Single Family
  • MLS#
  • 7132399
Listed By: Coldwell Banker Realty - Lakes
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1892
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dishwasher,Range,Refrigerator
Garage Spaces 2
Pool Features None
Year Built 1961
Electric Circuit Breakers,200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility Other
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Amlee Acres
Full Baths 1
Directions Glen Road to Manitou Lane to Amlee Road.
City Shorewood
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5140
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Porch,Skylight,Tile Floors,Vaulted Ceiling(s)
PostalCity Excelsior

Interior Features

Basement Block,Daylight/Lookout Windows,Egress Window(s),Finished,Walkout
Total Fireplaces 2
Fireplace Features Family Room,Gas,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1092
3/4 Baths 1
Laundry Features In Basement,Gas Dryer Hookup,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 800
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas

Exterior Features

Fencing Chain Link,Full
Parking Features Attached Garage
Lot Features Public Transit (w/in 6 blks),Property Adjoins Public Land,Tree Coverage - Medium,Underground Utilities
Water Source City Water - In Street,Private,Well
Lot Size Area 0.51
Building Area Total 1892
Lot Dimensions 118x183
Waterfront Y/N No
Foundation Area 1092
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/17/2026 Listed $525,000

Property vs Zip Code Average in 55331

Price
AVG $1.93M
$530K
Taxes
AVG $13,382
$5,140
Year Built
AVG 1996
1961
Visits
AVG 179
4
Data Provided by Inside Real Estate®

Areas That We Cover

24850 Amlee Road Excelsior, MN is a Single Family Home for sale at $525000 with 1892 sqft and a lot size of 0.51 Acres Acre(s). 24850 Amlee Road Excelsior has 3 bedrooms, 2 baths and was built in 1961. The property's zip code is 55331 which is in Excelsior, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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