City of Excelsior

History of Excelsior

David Olson, RealtorBy David Olson, Realtor · October 25, 2026 · 4 min read
History of Excelsior

Twin Cities Property Finder · David Olson, Broker · MN #BK3603584 · Whitefish Property Finder · MN #40646463 · Licensed in Minnesota, Wisconsin and Florida

Historical values are an important part of the community in Excelsior, Minnesota. Colonists that came out of New York in 1853 were the first to settle the town.

Knowing a community’s story helps you understand its neighborhoods today. Here’s a short history.

Here’s an honest look, whether you’re selling or buying.

Thinking about a home in Excelsior?I’ll show you what homes nearby are really selling for and which streets fit your budget.

How History of Excelsior began

Excelsior is a small area, but has been a focal point of the lower portion of the Lake Minnetonka location for years. It was the first official community to be established near Lake Minnetonka. Most of the settlers in the area were from the colonies, and the city still has architecture that was influenced by the eastern part of the country. Even today, the smaller downtown area has a historical feel to it, and it is very unique compared to its neighboring cities’ downtown locations.

Recently, the town restored its steamboat, The Minnehaha which was used to give tourists rides on the lake. Today, the steamboats still serves the community by providing its passengers a trip across the water to Wayzata Bay and back. Excelsior also restored its old museum, a ballroom, and other historical buildings, all preserving part of the city’s history. It is obvious that history plays a very significant aspect in the town, as many of its historical elements are still enjoyed today.

Lake Minnetonka is perhaps the most crucial part of Excelsior’s history. Save for the Native Americans, the lake was a secret to all. The wooded areas and shores surrounding the lake provided plenty of food for the Natives to live off of. Therefore, Lake Minnetonka was critical for their survival and kept hidden from the settlers. However, settlers eventually discovered the lake in 1822. By 1851, the treaty of Mendota between the Natives and the U.S. Government provided the settlers access to a wide stretch of land, including Lake Minnetonka. Development around the lake thrived in the 1880’s and 90’s. Steamboats created access to the lake as they offered locals cruises across the water. Big Island, a park near the lake that was built in 1902, offered entertainment that people traveled miles for in order to experience. Lake Minnetonka is the 10th largest lake and the most heavily accessed body of water in the state of Minnesota.

A simple plan for your Excelsior move

I’ve been helping people sell and buy homes across Minnesota, Wisconsin, and Florida for about two decades, and I build and remodel luxury homes too. I’ll help you see both what a property is and what it could be.

1Get clear on the numbersFor sellers, a realistic value for your specific home. For buyers, what your budget actually buys in the neighborhoods you like.
2Walk it with a builder’s eyeWe spot what an inspector is likely to flag before it becomes a negotiation.
3Prepare or positionSellers get a prep list and a staging plan. Buyers get a short list of homes that truly fit.
4Move with confidenceOffers, inspections and closing, with one steady guide keeping it calm and on schedule.

Getting the house ready, or making it yours

If you’re selling and want repairs handled before buyers see them, Super Crew Contractors can give you an estimate. If you’re ready for something custom, Ivy Lane Homes does luxury home building and remodeling. And a quick coverage check with Intrinsic Insurance before closing can save you a surprise. Ready to talk? Start a buyer plan or ask what your home is worth.

Super Crew Contractors, Ivy Lane Homes and Intrinsic Insurance are owned by David Olson; you are free to use any contractor, builder or insurer.

Your next step in Excelsior

Excelsior homes are priced neighborhood by neighborhood. Whether you’re selling or buying, I’ll help you make a plan that fits.

Please note: I don’t handle rentals or property management. I work with sellers and buyers, and that’s where I can help you most in Excelsior.

Twin Cities market notes

Stay close to the market, without the noise.

Every so often I send a short, practical note: what Twin Cities homes did, prep tips that are worth the money, and neighborhoods worth a look.

    It looks like you’re already on the list. Thank you! If something didn’t come through, call or text me at 952-314-9446.
    David Olson, Broker, Twin Cities Property Finder

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    I’m glad you’re here. A quick confirmation is on its way to your inbox. Whenever you want to talk about your own home or a move, I’m a call or text away.

    — David
    Lake MinnetonkaBig Island parkThe Minnehahatreaty of MendotaCity of ExcelsiorExcelsiorCIty HistoryHennepin County

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