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Thomas Simonsen, Metrowide Team
REALTOR®, GRI, CRS, CSS, E-Certified, Broker
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Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 952-474-2525

Shown By

Agent Name: Thomas Simonsen, Metrowide Team
Agent Phone: (612) 978-2585
Agency Title: Counselor Realty

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Property Description

Main floor living in Excelsior with private water views! Fully remodeled to the studs in 2020/2021 and re-crafted with a nod to its midcentury heritage while adding all the necessary spaces and amenities for today's living. Open Kitchen with large island and a built in bistro bench offers fabulous views of the lake and graciously welcomes the the sunlight thru its large lakeside windows. 2 bedrooms & 2 bathrooms on main including a true primary suite boasting; dual sinks, large shower, walk in closet and a screen porch. A 2nd large bedroom on main offers flexible space for lakeside bedroom/office/den with a 2nd full bath & laundry rounding out the main level. In the full walk out lower level you'll find 2 bedrooms and refreshed 3/4 bath giving room for guests who will all want to visit your new home in Excelsior - as well as a family room and a flex/exercise room! New deck and circle concrete driveway as well as all new windows, roof, gutters, siding & landscaping make this a truly turn key offering all an easy walk into the Village and all it has to offer. The perfect size with thoughtful layout and touches - this home punches above it's weight with spaces, finishes and location.

516 Grace Street | MLS# 7021243

This single family home located at 516 Grace Street, Excelsior, MN 55331 is currently listed for sale with an asking price of $850,000. This property was built in 1957 and has 4 bedrooms and 3 full baths with 2574 sq. ft. Grace Street is located in the Zims Add subdivision within the Minnetonka school district. Search Zims Add real estate on tsimonsen.counselorrealty.com today.

Upcoming Open Houses

Open House Saturday March 7th, 11:00am - 1:00pm
Open House Sunday March 8th, 11:00am - 1:00pm

Property Features

Property Type: Residential - Single Family
Basement: Block, Egress Window(s), Full, Walkout
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 1 car attached
Heating: Forced Air, In-Floor Heating
Lot Size: 0.36 Acres
Roof Type: Age 8 Years or Less, Asphalt
Stories: 1.0
Taxes: $7,073
Year Built: 1957

Feature Descriptions

Additional Living Info.: All Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Renovated
Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Bath: 3/4 Basement, 3/4 Primary, Double Sink, Private Primary, Main Floor 3/4 Bath, Main Floor Full Bath, Walk-In Shower Stall
Bathrooms 3/4: 2
Bathrooms Full: 1
Days on Site: 8
Dining: Breakfast Bar, Breakfast Area
Exterior: Block
Foundation Size: 1202
Lot: Tree Coverage - Medium
Lot Dimensions: 81 x 201
Parcel#: 3511723320027
Parking: Attached Garage, Concrete, Insulated Garage
Sewer: City Sewer/Connected
Special View Info: Lake View
Water: City Water/Connected
Water Features: Lake Front, Lake View

Room Sizes

Family Room: 24x13
Bedroom: 19 x 14
Flex Room: 14 x 11
Bedroom 4: 11 x 9
Kitchen: 17 x 12
Living Room: 21 x 12
Primary Bathroom: 13 x 12
Screened Porch: 14 x 8
Bedroom 2: 15 x 13
Bedroom 3: 13 x 11

Local Schools

School District: Minnetonka

Estimate Your Payment

Estimated Payment

$ 5,361.39 per month $4,524.06 Principal & Interest $589.42 Property Tax $247.92 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 3:09:18 AM EST) or RMLS-MN MLS (last updated Fri 03/06/2026 12:02:34 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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