Excelsior Real Estate
Excelsior is a city on Lake Minnetonka in Hennepin County, Minnesota. The population is 2,397.
According to the United States Census Bureau, the city has a total area of 0.69 square miles, of which 0.63 square miles is land and 0.06 square miles is water. Minnesota State Highway 7 serves as a main route. Excelsior is located 20 miles west–southwest of downtown Minneapolis.
Excelsior was founded in 1853 by George Bertram and the Excelsior Pioneer Association. It was the first community established on Lake Minnetonka. Many of the original settlers in Excelsior came from the New England area, particularly upstate New York and Massachusetts. Some eastern-like features can be found in the layout of the town, which is organized as a grid with a public Commons along the lake shore.
Throughout the years, Excelsior's Water Street has been the home to many businesses including hotels, restaurants, and merchants. Excelsior works hard to maintain its historical identity while renewing various elements of the downtown area; the community is known for its abundance of Victorian housing stock and masonry-clad commercial district.
Excelsior was also home to the Excelsior Amusement Park, which operated from 1925 to 1973. Today the site is occupied by The Excelsior Gables and two restaurants (Maynard's & Bayview Event Center.
Ray Colihan owned a ballroom called '"Big Reggie's Danceland" in Excelsior during the 1950s and 1960s.Colihan is speculated as the only man to lose money on both The Beatles, who he booked at Met Stadium in 1965, and The Rolling Stones, who played Danceland in 1964 for an audience of approximately 300 Legend has it, that an Excelsior resident named Jimmy Hutmaker was the inspiration behind the Rolling Stones song You Can't Always Get What You Want after an encounter with singer Mick Jagger at the local drug store "Bacon Drug" prior to the 1964 concert. "Mr. Jimmy", as he was known, died on October 3, 2007.
The streetcar boat Minnehaha, a steamboat used for passenger travel on Lake Minnetonka during the turn of the Twentieth Century, was raised from the bottom of Lake Minnetonka in 1980, restored, and put back into passenger service in 1996. Now operated by the Museum of Lake Minnetonka, it again carries passengers between the communities of Excelsior and Wayzata as it did over a century ago.
The Minnesota Streetcar Museum, a local transportation museum, also operates two heritage streetcar lines in Minneapolis and Excelsior. Two streetcars are currently operated on the Excelsior line: Twin City Lines No. 1239 and Duluth Street Railway No. 7
As of the census of 2010, there were 2,188 people, 1,115 households, and 494 families residing in the city. The population density was 3,473.0 inhabitants per square mile. There were 1,254 housing units at an average density of 1,990.5 per square mile.
There were 1,115 households of which 21.0% had children under the age of 18 living with them, 31.7% were married couples living together, 9.1% had a female householder with no husband present, 3.6% had a male householder with no wife present, and 55.7% were non-families. 48.3% of all households were made up of individuals and 12.2% had someone living alone who was 65 years of age or older. The average household size was 1.92 and the average family size was 2.82.
The median age in the city was 42 years. 19.1% of residents were under the age of 18; 8.1% were between the ages of 18 and 24; 27.4% were from 25 to 44; 30.3% were from 45 to 64; and 15.4% were 65 years of age or older. The gender makeup of the city was 48.4% male and 51.6% female.
Excelsior Listings Summary
Excelsior - Town vs. County Stats
Avg Price in Excelsior: $1,647,700 / County Avg $653,100
Avg Taxes in Excelsior: $10,800 / County Avg $3,800
Avg Sq. Ft. in Excelsior: 3,614 / County Avg 2,826
Avg Price per/sqft in Excelsior:$456 / County Avg $231
Avg Walkscore in Excelsior: 24 / County Avg 13
Avg Year Built in Excelsior: 1989 / County Avg 2006
Avg Days on Website in Excelsior: 57 / County Avg 71
Excelsior Real Estate Market Health
|Areas in Excelsior MN|
|Auditors Sub 120|
|Auditors Sub 133|
|Auditors Sub 135|
|Walnut Grove Villas|
|Woodhaven 2nd Add|