$599,000
 $3,216 est/mo Sourced by Back At You

24560 Smithtown Road,Excelsior, MN 55331

Excelsior, MN 55331

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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 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.

Details

MLS #7120852
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided ByeXp Realty | Amber Simon

Features

ZoningResidential-Single Family
Acreage1.06

Exterior

Lot FeaturesIrregular Lot

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Taxes

Property5296

Area Information

StateMN
CountyHennepin
CityExcelsior
Zip Code55331
Community NameAuditors Sub 133
School District276
High SchoolMinnetonka
Listing VS Median (in Auditors Sub 133)
Price:
$599,000
low | high
Med:
$1,675,000
100% of Average
On site:
18
low | high
Med:
377
4.774535809019% of Average
Sourced by Back At You

Market Activity 55331

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 21, 2026 at 2:11:38 AM PDT 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.

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Learn More About This Property

StateMN
CountyHennepin
CityExcelsior
Zip Code55331
Community NameAuditors Sub 133
School District276
High SchoolMinnetonka
Listing VS Median (in Auditors Sub 133)
Price:
$599,000
low | high
Med:
$1,675,000
100% of Average
On site:
18
low | high
Med:
377
4.774535809019% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $748K
sqft: 0 - 0
Listing Updated: August 3, 2026 at 1:56:48 PM PDT
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