My notes for this property


Add listing to my favorites (required)
Active
$500,000
/mo Edit
Lot/Land:  Lot/Land
Built 1948
2.31 acres
Minnetonka schools
MLS# 7056501
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront retreat. Within minutes to charming Downtown Excelsior, where you can explore charming boutiques, restaurants, coffee shops, grocery store, and Lake Minnetonka amenities. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail.

    Listing

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

    Exterior

    Garage Spaces: 2
    Road Responsibility: Private Maintained Road
    Road Frontage:
    • Paved Streets
    • Private Road

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Lake
    WF Frontage: 387
    Waterfront: Lake Front

    Lot & Land

    Acres: 2.31
    Geolocation: 44.898247, -93.534342
    Inclusions: Survey
    Lot Dimensions: 242 x 467 x 375 x 286
    Restrictions: Open
    Zoning: Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Heavy

    Farm

    Topography: Sloped, Wooded

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,769
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $7,425
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Paved Streets
    Available Utilities:
    • Electricity Available
    • Electricity Connected
    • Natural Gas Available
    • Natural Gas Connected
    • Private Well Available
    • Private Well Connected
    • Sewer Available
    • Sewer Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.