2497 Kelly Avenue Excelsior, MN 55331

$929,000
Pending
estimated monthly payment
3 Beds  |  2 Baths  |  2,201 Sq Ft  |  (TH) Side x Side  |  MLS # 7072044
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About The Listing

Welcome to Kelly Cove - a true Lake Minnetonka gem! This corner unit townhome is the largest of the 4 townhomes in this private and serene community that offers an "up north" retreat lake lifestyle that is rare on Lake Minnetonka at this compelling price point. Perfectly nestled on over 2 acres of park like grounds with mature trees, glorious perennial gardens and breathtaking sunsets and 240 feet of lakeshore; this 3 bedroom townhome offers the best of all worlds. An updated home with jaw dropping sunset views, 2 fireplaces, wonderful multi tiered lakeside deck, and an expansive four season porch that will immediately conjure up emotions of "by gone" days at the lake with its historic refurbished bar, long sunset views over the private lagoon that is known for its great fishing and the convenience of your private 32 foot permanent dock with shore power offering quick boating access to A rated Carmens Bay and beyond. Recent updates include new HVAC, deck restoration, new water heater, new landscaping and concrete entry stairs, new carpet, new dishwasher , new dryer, kitchen updates; multiple improvements to create a meticulous and welcoming home.This private oasis is perfectly balanced with the convenience of strolling through the gate to grab a bite to eat at the Narrows or the Lake room, grabbing coffee and groceries at Lunds or frequenting the other businesses in Navarre. A perfect combination that makes the lake life easy and memorable.


Listing courtesy of Mimi Bendickson, Compass
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 1977
MLS #: 7072044
Bedrooms: 3
Square Feet: 2,201
Bathrooms (Full): 0
Price Per Square Foot: $422
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 2
Garage Spaces: 2
Parking Description: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Daylight/Lookout Windows, Finished, Full, Walkout
Foundation Type: Block
Roof Description: Asphalt
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 05/16/2026
List Date: 05/15/2026
Listing Agent ID: 502018965
Listing Office: Compass
Listing Office ID: 49293
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Fireplace Features: Family Room, Living Room, Wood Burning
Number of Fireplaces: 2
Exterior Features: Wood
Fence: Wood
Lot Dimensions: 10
Lot Size: 2.3 Acres
Pool Description: None
Lot Features: Tree Coverage - Heavy
View Description: Lake, West
Waterfront: Channel Shore, Dock, Lake Front, Lake View
School District: Westonka
Tax Year: 2026
HOA: Kelly Cove Homeowners Association
Estimated Taxes: $8,084
HOA Fee: 300.0
Contingency Type: None
HOA Frequency: Monthly
HOA Fee Inclusions: Lawn Care, Maintenance Grounds, Shared Amenities, Snow Removal
HOA Requirment: 1
City: Excelsior
Zip: 55331
County: Hennepin
State: MN

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Listing last updated: 05/16/26

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