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24560 Smithtown Road , Excelsior, MN 55331

$599,000
  • 24560 Smithtown Road , Excelsior, MN 55331 Main Photo

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New to the Market Active
LOT SIZE 1.060 acres MLS#7054352
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONAuditors Sub 133 SCHOOLMinnetonka

Property 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 villa 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.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.

24560 Smithtown Road | MLS# 7054352

This land located at 24560 Smithtown Road , Excelsior, MN 55331 is currently listed for sale with an asking price of $599,000. The property has approximately 1.06 Acres. Smithtown Road is located within the Minnetonka school district. Search Excelsior real estate on ness.leblancrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 1.06 Acres
Taxes: $5,296

Feature Descriptions

Development Status: Site Plan Approved
Improvements: Public Road
Land Inclusions: Platted, Survey
Lot: Irregular Lot
Lot Dimensions: 114x392x117x415
Topography: Level, Walkout
Utilities: Cable Available, Electricity Available, Natural Gas Available Connected, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Local Schools

School District: Minnetonka

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 320-500-4397

Shown By

Agent Name: Andrea Ness
Agent Phone: (218) 281-7451
Agency Title: LeBlanc Realty

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Estimated Payment

$ 1,949.16 per month $1,333.11 Principal & Interest $441.33 Property Tax $174.71 Homeowner's Insurance

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