For Sale: Excelsior MLS# 7054352
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Property 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 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,000
Property Type:
Lot/Land
City:
Excelsior
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55331
Subdivision Name:
Auditors Sub 133
Exterior
Road Frontage:
Paved Streets
Lot & Land
Acres:
1.06
Geolocation:
44.900725, -93.591295
Inclusions:
Platted, Survey
Lot Dimensions:
114 x 392 x 117 x 415
Restrictions:
Open
Zoning:
Residential-Single Family
Lot Description:
Irregular Lot
Farm
Topography:
Level, Walkout
Schools
School District:
1246
District Phone:
9524015000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,296
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,296
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Site Plan Approved
Improvements:
Public Road
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Storm Sewer Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.