24695 Glen Rd Excelsior, MN 55331
Estimated payment $5,249/month
About This Lot
This 1.8-acre property offers exceptional flexibility and investment potential. Nestled on a level, fully fenced lot just minutes from the Lake Minnetonka LRT Trail and vibrant downtown Excelsior. Originally consisting of two separate parcels, it can be reconfigured back into this arrangement through a Minor Subdivision. Each lot would be approximately 0.9 acres. Whether you're looking to build a custom home on a large estate or develop two individual residences, this property provides a rare opportunity. Located within the highly rated Minnetonka School District, this property offers the perfect blend of location, lifestyle, and long-term potential—just minutes from local dining, boutique shopping, and year-round community events.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,851
Lot Details
- Lot Dimensions are 206x400x200x385
- Finished Lot(s)
Community Details
- No Home Owners Association
- Manitou Glen Subdivision
Listing and Financial Details
- Assessor Parcel Number 3311723120025
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 |
|---|---|---|---|---|
| 2023 | $9,538 | $735,800 | $385,200 | $350,600 |
| 2022 | $7,466 | $693,000 | $370,000 | $323,000 |
| 2021 | $6,246 | $538,000 | $263,000 | $275,000 |
| 2020 | $6,029 | $486,000 | $213,000 | $273,000 |
| 2019 | $5,959 | $447,000 | $185,000 | $262,000 |
| 2018 | $6,452 | $439,000 | $185,000 | $254,000 |
| 2017 | $6,125 | $446,000 | $231,000 | $215,000 |
| 2016 | $5,969 | $427,000 | $236,000 | $191,000 |
| 2015 | $5,158 | $371,000 | $180,000 | $191,000 |
| 2014 | -- | $342,000 | $160,000 | $182,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $849,900 | -5.5% | -- |
| 08/14/2025 08/14/25 | Price Changed | $899,000 | -10.1% | -- |
| 07/09/2025 07/09/25 | For Sale | $1,000,000 | +40.8% | -- |
| 08/12/2024 08/12/24 | Sold | $710,000 | +1.4% | $297 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/07/2024 06/07/24 | For Sale | $699,999 | -- | $293 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $710,000 | -- | |
| Warranty Deed | $710,000 | Edgewater Title | |
| Warranty Deed | $7,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Construction | |
| Previous Owner | $360,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6751893
APN: 33-117-23-12-0025
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