Living in Excelsior, Minnesota

Overview

Nestled on the southern shore of Lake Minnetonka, Excelsior, Minnesota offers a delightful blend of small-town charm and modern convenience. Known for its vibrant downtown area and scenic beauty, Excelsior has recently seen significant improvements, particularly in the Excelsior Commons Park. The town's idyllic setting, combined with an active community life and a convenient location near the Twin Cities, makes it a desirable place to live. With a median home price of $877,450 and homes averaging 44 days on the market, Excelsior is an attractive prospect for homebuyers seeking a friendly community with rich cultural offerings.

Neighborhoods

Excelsior is home to several distinct neighborhoods, each with its own unique character. Downtown Excelsior is the heart of the city, bustling with new restaurants and boutique shops that have recently opened, contributing to the area's lively atmosphere. The Commons neighborhood is known for its proximity to the newly improved Excelsior Commons Park, a favorite spot for both locals and visitors. Excelsior Bay Gables offers a serene residential setting with beautiful views of the nearby lake, perfect for those who enjoy waterside living.

Schools & Education

Education in Excelsior falls under the Minnetonka Public School District (ISD 276), renowned for its high academic standards. Minnetonka High School is known for its comprehensive curriculum and extracurricular activities that cater to a wide range of interests. Excelsior Elementary School provides a nurturing environment for young learners, emphasizing both academic excellence and personal growth. Families in Excelsior can be assured of a strong educational foundation for their children.

Parks & Recreation

Excelsior boasts a variety of parks and recreational areas that cater to outdoor enthusiasts. The recently enhanced Excelsior Commons Park offers expansive green spaces and stunning lake views, making it a perfect spot for picnics and leisurely strolls. Manitou Park and College Lake Park provide additional options for nature lovers, with trails and picnic areas that are ideal for weekend outings. For those who enjoy water activities, Excelsior Bay Park is a popular destination for boating and fishing.

Local Events

The community spirit in Excelsior is vibrant, with a calendar full of annual events and festivals. The Excelsior Art on the Lake festival showcases local artists and attracts visitors from all over the region. Apple Day celebrates the town's agricultural heritage with apple-themed activities and treats. The Excelsior Farmers Market is a weekly highlight during the summer months, offering fresh produce and handmade goods. The Fourth of July Celebration and Excelsior Christkindlsmarkt add to the festive atmosphere, providing entertainment for all ages.

Real Estate Market

Excelsior's real estate market reflects the town's desirability, with a median home price of $877,450 and a year-over-year increase of 3.5%. The market is active, with 20 current listings and 26 homes sold in the last 90 days, indicating a strong demand for property in the area. Homes in Excelsior typically spend 44 days on the market, suggesting a brisk pace of sales. The combination of charming neighborhoods, excellent schools, and community amenities makes Excelsior an attractive investment for homebuyers.

Commute & Location

Excelsior offers convenient access to the Twin Cities metro area, making it an ideal location for commuters. The town is well-connected via major highways, providing a smooth commute to both Minneapolis and St. Paul. Public transportation options are also available, with bus services that connect Excelsior to the wider metropolitan region. This ease of access allows residents to enjoy the tranquility of small-town life while taking advantage of the employment and cultural opportunities in the Twin Cities.

Local Insight

As a Twin Cities real estate expert, I've noticed that Excelsior's charm lies not only in its picturesque setting but also in its vibrant community life. The recent developments in Excelsior Commons Park have enhanced the area's appeal, providing residents with improved recreational facilities and gathering spaces. A local hidden gem that captures the essence of Excelsior is the 318 Café, a cozy spot known for its live music performances and locally sourced menu. This café exemplifies the town's commitment to supporting local businesses and fostering a strong sense of community.

Frequently Asked Questions

What is the median home price in Excelsior, MN?

The current median home price in Excelsior is $877,450. This represents a 3.5% change from last year. Excelsior offers a range of housing options across its neighborhoods including Downtown Excelsior, The Commons, College Lake.

What schools serve Excelsior residents?

Excelsior is served by Minnetonka Public School District (ISD 276), with Minnetonka High School as the main high school. Elementary options include Excelsior Elementary School. The district is known for its strong academic programs and community involvement.

How long does it take to commute from Excelsior to Minneapolis or St. Paul?

From Excelsior, typical commute times are: 26 mins to Downtown Minneapolis (19.6 mi), 36 mins to Downtown St. Paul (31.3 mi). Other key destinations include 24 mins to Mall of America, 26 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.

How long do homes typically stay on the market in Excelsior?

Homes in Excelsior typically sell within 44 days. With 20 active listings and 26 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.