24560 Smithtown Road, Excelsior, MN 55331 (MLS# 7120852)

24560 Smithtown Road, Excelsior, MN 55331

$599,000
Property Type: Land Lot Size (sq. ft.): 46,174 Status: Active
Current Price: $599,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

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 previous 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 sen ...

Listing Details MLS# 7120852

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
114x392x117x415
Acres
1.06
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Storm Sewer Available; Water Available Development Status: Site Plan Approved Improvements: Public Road Land Inclusions: Platted; Survey Lot Description: Irregular Lot Property SubType: Development Road Frontage: Paved Streets Sellers Terms: Cash; Conventional Topography: Level; Walkout

Contract Information

Contingency
None
Original List Price
599000
ListPrice
599000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
24560
Street Name
Smithtown
Street Suffix
Road
Postal City
Excelsior
County
Hennepin
State
MN
Zip Code
55331
Complex/Dev/Subdivision
Auditors Sub 133

Assessments

Tax With Assessments
5296
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
33
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 025 AUDITOR'S SUBD. NO. 133 COM AT A PT IN SLY LINE OF LOT 25 DIS 446 370/1000 FT WLY FROM SE COR THEREOF TH N PAR WITH E LINE OF SAID LOT TO N LINE THEREOF TH W TO NW COR OF SAID LOT TH S TO SW COR THEREOF TH ELY TO BEG
Listing City
Excelsior
Map Page
117
Municipality
Shorewood
School District
Minnetonka
School District Phone
952-401-5000
Zip Plus 4
193
Property ID Number
3311723130011
Tax Year
2025
Tax Amount
5296
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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 previous 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.
Directions
494 South to exit 16B onto 7 West, to right onto Oak St,, to left onto Smithtown Rd to destination on right

Development Status

Site Plan Approved
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Irregular Lot
Yes

Restriction/Covenants

Other
Yes

Road Frontage

Paved Streets
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Level
Yes
Walkout
Yes

Available Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Phone Available
Yes
Sewer Available
Yes
Storm Sewer Available
Yes
Water Available
Yes

Improvements

Public Road
Yes

Land Inclusions

Platted
Yes
Survey
Yes

Property SubType

Development
Yes
IDX
Listing Office: eXp Realty
Last Updated: August - 03 - 2026
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