$3,295,000
Excelsior, MN 55331
MLS# 6565357
Status: Closed

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Property Description
HERE IT IS! At last, spectacular building site on Lake Minnetonka! This Smithtown Bay site has it all! West-facing, 174 feet of hard sand bottom, a charming boat house at water’s edge, privacy, mature trees, approximately 1.15 Acres, and an old cottage-style home that can be used, (AS IS) but is presumed to be torn town, since the value is in the land and not in the house. Bring your imagination and enjoy this magnificent opportunity! Open to all builders. All buyers must be pre-approved. Buyers and Buyer’s agents to verify all measurements, details and figures as they are not guaranteed.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-07-13
Contingency: None
Current Price: $3,295,000
Closed Date: 2024-08-20
Original List Price: 3295000
Sales Close Price: 3295000
ListPrice: 3295000
List Date: 2024-07-12
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Frontage: 174
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Lot Dimensions: 174x293x97x329
Acres: 1.15
Lake/Waterfront Name: Minnetonka
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 003 BLOCK 001 BILL ERICKSON ADDN
Listing City: Excelsior
Map Page: 117
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 7911
Property ID Number: TBD
Tax Year: 2023
Tax Amount: 33263
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: HERE IT IS! At last, spectacular building site on Lake Minnetonka! This Smithtown Bay site has it all! West-facing, 174 feet of hard sand bottom, a charming boat house at water’s edge, privacy, mature trees, approximately 1.15 Acres, and an old cottage-style home that can be used, (AS IS) but is presumed to be torn town, since the value is in the land and not in the house. Bring your imagination and enjoy this magnificent opportunity! Open to all builders. All buyers must be pre-approved. Buyers and Buyer’s agents to verify all measurements, details and figures as they are not guaranteed.
Directions: Smithtown to shared driveway. Use GPS.
Assessments
Assessment Balance: 0
Tax With Assessments: 33263
Builder Information
Builder Restrictions: Open
Development Status
Finished Lot(s): 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 15-26
Elevation Highpoint to Waterfront Slope
Gradual: 1
Existing Financing
Cash: 1
Financing Terms
Cash: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Hard: 1
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Irregular Lot: 1
Tree Coverage - Medium: 1
Underground Utilities: 1
Miscellaneous Information
Homestead: Yes
Outbuildings
Boat House: 1
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 31
Township#: 117
Restriction/Covenants
None: 1
Road Frontage
Cul De Sac: 1
No Outlet/Dead End: 1
Paved Streets: 1
Private Road: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sell Entirely: 1
Sellers Terms
Cash: 1
Topography
Sloped: 1
Waterfront View
Bay: 1
Available Utilities
Electricity Available: 1
Phone Available: 1
Private Well Connected: 1
Sewer Connected: 1
Improvements
Paved Streets: 1
Shared Driveway: 1
Other: 1
Land Inclusions
Dock: 1
Survey: 1
Survey Stakes: 1
Topographic Map: 1
Property SubType
Lake Property: 1
Residential Lot: 1
Location Tax and Other Information
House Number: 27940
Street Name: Smithtown Road
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Bill Erickson Add
Property Features
Available Utilities: Electricity Available; Phone Available; Private Well Connected; Sewer Connected
Development Status: Finished Lot(s)
Elevation Highpoint to Waterfront Slope: Gradual
Existing Financing: Cash
Financing Terms: Cash
Improvements: Paved Streets; Shared Driveway; Other
Lake Details: Hard; Sand
Land Inclusions: Dock; Survey; Survey Stakes; Topographic Map
Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium; Underground Utilities
Outbuildings: Boat House
Property SubType: Lake Property; Residential Lot
Road Frontage: Cul De Sac; No Outlet/Dead End; Paved Streets; Private Road
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
Sellers Terms: Cash
Topography: Sloped
Waterfront View: Bay
Listing Office: Coldwell Banker Realty
Last Updated: August - 21 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
