205 Mill Street #S204 - Photo 1
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205 Mill Street #S204
205 Mill Street #S204
205 Mill Street #S204
205 Mill Street #S204
205 Mill Street #S204

205 Mill Street #S204, Excelsior, MN 55331 - MLS# 7134250

MLS® #: 7134250|Days on Market: 60|Listed: Aug 28, 2026

$750,000

$775,000↓ 3.2%
Bedrooms
2
Bathrooms
2
Square Feet
1,423
Acres
0.032
Year Built
2005
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
60
School District
276 - Minnetonka

Experience the best of downtown Excelsior living in this beautifully updated Wyer Hill residence, just steps from Lake Minnetonka, Water Street shops, restaurants, trails, and year-round community events. The thoughtfully redesigned floor plan features an open-concept layout with a stunning oversized Venetian plaster center island, updated cabinetry, backsplash, newer refrigerator and dishwasher, custom ceiling beams, new lighting, fresh paint, and new blinds throughout. With two private bedroom suites on opposite sides of the home, this layout offers exceptional comfort and privacy. The spacious covered deck with updated railings is perfect for relaxing or entertaining. Amenities include a fitness center, guest suite, heated underground parking with two stalls, storage room, elevator, and car wash station. HOA dues cover internet, cable/DIRECTV, water, sewer, trash, snow removal, and landscaping. Recent building updates include new hallway lighting and upcoming new carpet throughout common areas. Enjoy a carefree, lock-and-leave lifestyle in one of Lake Minnetonka's most coveted communities!

205 Mill Street #S204, Excelsior, MN 55331

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Interior Information

AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplace FeaturesGas, Living Room
LaundryLaundry Room, In Unit
Dining RoomBreakfast Area, Eat In Kitchen
Interior AmenitiesBalcony, Exercise Room, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Washer/Dryer Hookup
AccessibilityAccessible Elevator Installed, Grab Bars In Bathroom

Size & Levels

LevelsOne
Total Finished Sq Ft1,903 sq ft
Above Grade Finished1,423 sq ft
Main Level Finished1,423 sq ft

Bathrooms

Full Baths1
3/4 Baths1
Bathroom DetailsMain Floor 3/4 Bath, Main Floor Full Bath

Rooms

Other Rooms

Living Room20' x 20'
Dining Room9' x 8'
Kitchen10' x 9'
Bedroom14' x 13'
Bedroom 211' x 11'
Laundry9' x 7'
Deck9' x 7'

Exterior & Parking

ExteriorStone, Wood
RoofAge 8 Years or Less
Patio / PorchCovered, Porch
Garage Stalls2
ParkingAssigned, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground

Lot & Utilities

Property Subtype(CC) Low Rise (3- Levels)
Lot Size0.032 acres
Lot DimensionsCOMMON
ZoningResidential-Multi-Family
SubdivisionCic 1218 Wyer Hill
TownshipExcelsior
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street

Homeowners Association

Association Fee$1,093.33 / month
AssociationHOA Assist
Assessment PendingNo
Fee IncludesBuilding Exterior, Cable TV, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow Removal
AmenitiesCar Wash, Elevator(s), Patio, Security Building

Financial & Tax Information

Annual Taxes$8,855
Tax Year2026
Tax w/ Assessments$8,855
Assessment PendingNo
Parcel Number3511723230108
Financing OptionsConventional, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 62% of occupied homes are owner-occupied, and the average commute is 27 minutes.

Cost of Ownership

Median home value

$955,700

Higher than the Twin Cities metro

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$10,001/yr

Higher than the Twin Cities metro

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$3,097/mo

Higher than the Twin Cities metro

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$1,501/mo

Higher than the Twin Cities metro

Median monthly housing costs for owners without a mortgage.

Median rent

$1,174/mo

Lower than the Twin Cities metro

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

62%

Lower than Twin Cities metro overall

The share of occupied homes lived in by their owners.

Median year built

1973

Similar to the Twin Cities metro

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-20198%
  • 2000-200912%
  • 1990-19995%
  • 1980-198911%
  • 1970-197915%
  • 1960-196910%
  • 1950-195912%
  • 1940-19493%
  • 1939 or earlier20%

Types of homes

The share of housing units in each building type.

  • Single-family detached58%
  • Townhome / attached6%
  • 5+ units31%

Getting Around

Average commute

27 min

Higher than the Twin Cities metro

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone61%
  • Work from home32%

Homes with broadband

98%

Similar than Twin Cities metro overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minnetonka Public School District

This home is in the Excelsior Elementary, Minnetonka West Middle and Minnetonka Senior High attendance areas of Minnetonka Public School District.

Elementary

Excelsior Elementary

Grades K-5 · 0.3 mi away

Enrollment
707
Students per teacher
12.9

441 Oak St, Excelsior, MN 55331

(952) 401-5650

Middle

Minnetonka West Middle

Grades 6-8 · 1.4 mi away

Enrollment
1,297
Students per teacher
16

6421 Hazeltine Blvd, Excelsior, MN 55331

(952) 401-5300

High

Minnetonka Senior High

Grades 9-12 · 2.6 mi away

Enrollment
3,514
Students per teacher
19

18301 Hwy 7, Minnetonka, MN 55345

(952) 401-5700

School assignments can change. Verify enrollment with Minnetonka Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.