24560 Smithtown Road, Excelsior, MN 55331
Auditors Sub 133 · Hennepin County
Key Facts
Description
An Exceptional Opportunity in the Heart of Shorewood… You don’t come across opportunities like this often. Nestled on just over an acre in the highly desirable Shorewood, this prime parcel is already positioned for success, with medium-high density zoning and city-approved preliminary plat and concept plans for six single-family homes. The vision is in place. The groundwork has been laid. Now it’s simply waiting for the right builder or developer to bring it to life. With utilities readily available and much of the entitlement process already completed, you’re stepping into a project where the heavy lifting has been done, allowing you to focus on execution and maximizing potential. And the location… it truly speaks for itself. Backing directly up to Gideon Glen Park, you’ll love the natural surroundings and added green space this setting provides. Positioned across the street from the prestigious Minnetonka Country Club neighborhood, this location offers a sense of established luxury and community. You’re also just steps from your morning coffee at Caribou Coffee and outdoor recreation at Badger Park, making everyday living incredibly convenient and connected. Beyond the immediate surroundings, enjoy close proximity to the shores of Lake Minnetonka, where boating, dining, and year-round recreation create an unmatched lifestyle. Spend afternoons at Excelsior Commons, explore the charming shops and restaurants in Excelsior, or unwind with dinner and lake views at Maynards. With easy access to Minnesota State Highway 7, you’re seamlessly connected to the greater Twin Cities while still enjoying the tranquility of a premier lakeside community. Whether you’re looking to build and sell, create a boutique villa community, or invest in a high-demand area, this is your chance to step into a project with momentum already on your side. Opportunities like this are rare… now it’s your turn to bring it home.
Property Information
Property Type
Land
Lot Size
1.06 acres
Lot Dimensions
114x392x117x415
Zoning
Residential-Single Family
Days on Market
3
MLS® Listing#
7054352
Property Features
Lot Features
Utilities
Financial Details
HOA
None
Annual Taxes
$5,296
Parcel Number
3311723130011
Directions
494 South to exit 16B onto 7 West, to right onto Oak St,, to left onto Smithtown Rd to destination on right
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Excelsior, MN
- $1,000,000
- Median Listing Price
- 113
- Median Days on Market
- 3,917
- Median Sq Ft
- $465
- Median Price / Sq Ft
- 149
- Active Listings
- This home’s price is 40% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Excelsior, MN.
Location
Points of Interest in Excelsior, MN
Showing the Excelsior area map.
Nearby Schools
Our Savior School
School · 0.9 mi away
Mount Calvary Preschool
School · 1.0 mi away
Excelsior Elementary
Elementary · 1.1 mi away
Minnetonka Middle School West
Secondary · 1.1 mi away
Minnewashta Elementary School
Elementary · 1.2 mi away
St John the Baptist Catholic Church Excelsior
School · 1.6 mi away
Calvary Memorial Church
School · 2.7 mi away
Children of Faith Preschool
School · 2.8 mi away
Bluff Creek Elementary
Elementary · 2.8 mi away
Minnetonka Community Ed
Elementary · 3.6 mi away
Chanhassen Elementary
Elementary · 3.6 mi away
Deephaven Elementary
Elementary · 3.7 mi away
Especially for Children
School · 3.8 mi away
Southwest Christian High School
Secondary · 3.9 mi away
Kids Core
Secondary · 3.9 mi away
Holy Family Catholic High School
Secondary · 3.9 mi away
Minnetonka
School · 3.9 mi away
Clear Springs Elementary School
Elementary · 3.9 mi away
Shirley Hills Primary School
Elementary · 4.0 mi away
Chanhassen High School
Secondary · 4.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3941x White Oak Lane, Excelsior, MN | $450,000 | — | — | — |
| 185 Lakeview Avenue, Excelsior, MN | $499,000 | — | — | — |
| 151 Bell Street, Excelsior, MN | $499,900 | — | — | — |
| 151 Bell Street, Excelsior, MN | $499,900 | — | — | — |
| 58XX Ridge Road, Excelsior, MN | $500,000 | — | — | — |
| 20450 Linwood Rd, Excelsior, MN | $500,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Excelsior
Listing Courtesy: eXp Realty - 3205004397
Presented by: Amber Simon