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$315,000
/mo Edit
Lot/Land:  Lot/Land
0.5 acres
MLS# 7029295
My rating:
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    Property Description

    Exceptional opportunity in the heart of Shorewood! This prime half-acre lot is ideally located just steps from the Lake Minnetonka Regional Trail, offering direct access into downtown Excelsior where you’ll enjoy restaurants, boutique shopping, and vibrant lake life year-round. Walk or bike to nearby Tonka Bay for additional dining favorites including Hazelwood and Joey Nova’s. This spacious half-acre property offers incredible flexibility — build a revenue-producing duplex or design your dream single-family home in one of the most desirable areas near Lake Minnetonka. The generous lot size provides ample space for thoughtful design, outdoor living, and long-term value. Rarely do lots of this size and location become available. Whether you’re an investor looking to capitalize on income potential or a homeowner ready to build new, this is an outstanding opportunity to secure land in a highly sought-after community.

    Listing

    Contingency: None
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55331

    Lot & Land

    Acres: 0.5
    Geolocation: 44.9025839093, -93.5853329558
    Inclusions: Other, Platted, Survey, Topographic Map
    Lot Dimensions: 250X140X
    Restrictions: Open
    Zoning: Residential-Multi-Family

    Farm

    Topography: High Ground

    Schools

    School District: 1246
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,500
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,500
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Paved Streets, Public Road
    Available Utilities:
    • Broadband Available
    • Broadband Connected
    • Cable Available
    • Cable Connected
    • Electricity Available
    • Electricity Connected
    • Natural Gas Available
    • Natural Gas Connected
    • Private Well Connected
    • Sewer Connected
    • Storm Sewer Connected
    • Underground Utilities Connected
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.