24560 Smithtown Rd Excelsior, MN 55331
Estimated payment $3,639/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,296
Lot Details
- Lot Dimensions are 114x392x117x415
- Irregular Lot
- Building or Site Plan Approved
Community Details
- No Home Owners Association
- Auditors Sub 133 Subdivision
Listing and Financial Details
- Assessor Parcel Number 3311723130011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,296 | $240,000 | $240,000 | -- |
| 2023 | $5,175 | $240,000 | $240,000 | $0 |
| 2022 | $10,264 | $240,000 | $240,000 | $0 |
| 2021 | $2,961 | $649,000 | $649,000 | $0 |
| 2020 | $2,937 | $184,000 | $184,000 | $0 |
| 2019 | $2,860 | $175,000 | $175,000 | $0 |
| 2018 | $2,857 | $167,000 | $167,000 | $0 |
| 2017 | $3,909 | $158,000 | $158,000 | $0 |
| 2016 | $3,934 | $158,000 | $158,000 | $0 |
| 2015 | $4,069 | $158,000 | $158,000 | $0 |
| 2014 | -- | $158,000 | $158,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $599,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $239,000 | Bankers Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $172,500 | Construction |
Source: NorthstarMLS
MLS Number: 7054352
APN: 33-117-23-13-0011
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.