24560 Smithtown RoadExcelsior, MN 55331
$499,900
1.06 acre lot
About this home
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.
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 1.06 acres
- Property taxes
- $5,296 a year
- Listed
- August 3, 2026
- MLS number
- 7120852
Listing courtesy of eXp Realty (Amber Simon). MLS #7120852.
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How it compares
24560 Smithtown Road, Excelsior, MN 55331 is a lot, listed for $499,900 on August 3, 2026 by eXp Realty. That is in the middle range of the 7 land and lots for sale in Shorewood right now (median $650,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:18 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Shorewood community guideSchools, commutes, parks, home values and local stories.
- Shorewood housing market, September 2026Homes sold for a median $930,500 over 12 months (+5.7%), 63 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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