Zumper
modified
20 Hours Ago

Highlights

  • Pet Friendly
  • Modern amenities
  • Upscale finishes
  • Thoughtfully designed apartments
  • Sophistication
  • Welcoming community
  • Gourmet dining

Location

322 Lake St, Excelsior, MN 55331, USA
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Contact

Management

Hegenes Properties Inc

Our team has verified this company

Leasing office

(952) 952-3654

Property Overview

Excelsior Shores delivers a high-end living experience with modern amenities, upscale finishes, and thoughtfully designed apartments, reflected in its strong overall expert rating of 8.4/10 and perfect 10/10 scores for amenities, location, and quality. Residents benefit from exceptional convenience to top-rated schools, plentiful pet-friendly resources and outdoor spaces, and a detailed, transparent listing (including 20 photos) that supports its 9/10 trustworthiness rating and top percentile value per square foot in the area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Excelsior Shores is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, Excelsior Shores has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Elementary school nearby
  • High school nearby

Great for

  • Pet owners

Floor plans

The Carman1 bed1 bath665 sqft$2,069 /mo1 unit availableWelcome to The Carman, a modern one-bedroom residence at Excelsior Shores. This thoughtfully designed home offers a comfortable and contemporary living experience with a city-facing view, providing a peaceful retreat while keeping you close to the energy of downtown Excelsior. Featuring high-end finishes, stainless steel appliances, and an open-concept layout, The Carman is perfect for those who appreciate both style and functionality. While it does not overlook the bay, this unit offers a private, quiet atmosphere with views of Excelsior’s charming cityscape. Located just steps from Lake Minnetonka, boutique shops, and popular dining spots, The Carman offers the best of Excelsior living. Discover a home that blends modern elegance with a prime location. Virtually tour The Carman here: https tinyurl com ESTheCARMAN

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Amenities for Excelsior Shores

Appliances

DishwasherIn-Unit Laundry
Stainless Steel Appliance SuiteWasher and Dryer

Building

Cats OKDogs OK
ElevatorRoof Deck
Underground and Heated Parking
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units24
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About Excelsior Shores

HomeApartments in Excelsior Excelsior Shores

Welcome to Excelsior Shores, a vibrant apartment community nestled in the heart of downtown Excelsior, MN, right across from the stunning Lake Minnetonka. Here, urban charm beautifully meets natural beauty, creating a truly refined living experience for our residents. Our thoughtfully designed apartments offer a perfect blend of style and comfort, featuring upscale finishes and modern amenities that cater to your every need. This is the ideal place for those who appreciate the finer things in life while enjoying a tranquil, connected lifestyle. Step outside, and you’ll discover the charm of downtown Excelsior just waiting to be explored. Take leisurely strolls to unique boutiques, indulge in gourmet dining, or relax with a coffee in one of the inviting cafes—all within walking distance. Commuting is also a breeze, with easy access to major highways and public transportation, making it simple to reach Minneapolis or embark on a weekend adventure. At Excelsior Shores, you’ll find the perfect blend of sophistication and serenity. Come experience the welcoming community that embodies the best of downtown Excelsior living. Welcome home!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Excelsior Shores is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, Excelsior Shores has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Excelsior Shores
Price·5A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at Excelsior Shores is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Excelsior Shores stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Excelsior Shores offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Excelsior Shores has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Excelsior Shores.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Excelsior Shores has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Excelsior Shores is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 3 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Excelsior Shores compares to other nearby properties.

Positives

More space
Studio is 65 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address

Considerations

No central heat
Fewer climate control options
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Excelsior

1-bedroom apartments at Excelsior Shores cost about 59% more than the average rent price for 1-bedroom apartments in Excelsior.

Median rents as of May 16 2026.
Excelsior
A table of studio rental data trends in Excelsior
MonthMedian Rent
March 2025$1,280
April 2025$1,018
May 2025$1,045
June 2025$1,085
July 2025$1,085
August 2025$1,085
September 2025$1,085
March 2026$1,145
April 2026$1,029
May 2026$1,040

Affordability calculator

Can I afford to live at 322 Lake St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$82,760/yr

With your selected rent-to-income ratio, you'd ideally want to make $82,760 annually to afford this 1-bedroom monthly rent price of $2,069.
For more information on rent affordability, visit our rent calculator.

Schools near Excelsior Shores

Excelsior Elementary School

441 oak st

excelsior, MN, 55331

K-5Public
A

Deephaven Education Center

4584 vine hill rd

excelsior, MN, 55331

PKPublic

Tonka Online (K-5)

5621 county rd 101

minnetonka, MN, 55345

K-5Public
A+

Senops

1001 hwy 7

hopkins, MN, 55305

K-12Public

VirtualEDU ELementary

1001 hwy 7

hopkins, MN, 55305

K-6Public
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Internet available near Excelsior Shores

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Excelsior near 322 Lake St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 322 Lake St, Excelsior

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

4/10
Some bars within a few minutes’ walk

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