5338 Highland Rd Minnetonka, MN 55345
Woodland-Highland NeighborhoodEstimated payment $4,317/month
Highlights
- Lake View
- No HOA
- Property is Fully Fenced
- Hopkins Senior High School Rated A-
About This Lot
Discover a rare gem – a sprawling 2+ acre estate offering unparalleled privacy and tranquility, now available for the first time in over 50 years. Nestled amidst mature trees and vibrant gardens teeming with wildlife, this south-facing building site boasts breathtaking elevated views, with nearby 15-acre Wing Lake and a serene ambiance. The existing home is a teardown, presenting a blank slate for your vision, complemented by two outbuildings: a 24x22 two-car garage and a charming 25x16 barn featuring a second-floor studio. A long, private driveway ensures seclusion, while the convenient location places you just moments from premier shopping and dining, and within 20 minutes of both downtown and the international airport. As the saying goes, it’s always the land and never the bricks and mortar that determine its value – and this extraordinary parcel proves it. This is a once-in-a-lifetime opportunity to create your dream retreat on a truly exceptional canvas.
Open House Schedule
-
Sunday, August 03, 20252:00 to 4:00 pm8/3/2025 2:00:00 PM +00:008/3/2025 4:00:00 PM +00:00Add to Calendar
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,147
Lot Details
- Property is Fully Fenced
- Wood Fence
- Chain Link Fence
- Irregular Lot
- Finished Lot(s)
Additional Features
- Lake Views
- Underground Utilities
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2811722340026
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 | $4,147 | $355,800 | $259,600 | $96,200 |
| 2022 | $3,674 | $350,100 | $259,600 | $90,500 |
| 2021 | $4,738 | $301,800 | $236,000 | $65,800 |
| 2020 | $4,989 | $384,500 | $236,000 | $148,500 |
| 2019 | $4,781 | $383,700 | $236,000 | $147,700 |
| 2018 | $4,804 | $372,000 | $236,000 | $136,000 |
| 2017 | $5,088 | $375,900 | $220,000 | $155,900 |
| 2016 | $5,252 | $376,700 | $210,700 | $166,000 |
| 2015 | $4,954 | $349,400 | $196,000 | $153,400 |
| 2014 | -- | $319,000 | $196,000 | $123,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $719,000 | -10.1% | -- |
| 04/02/2025 04/02/25 | For Sale | $800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 6675447
APN: 28-117-22-34-0026
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