For Sale: Excelsior MLS# 7134442
Active
NEW!
$1,200,000
Lot/Land: Lot/Land
Built 1957
2.02 acres
Minnetonka schools
MLS# 7134442
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Property Description
Exceptional 2.02-acre redevelopment opportunity in Shorewood, surrounded by $1M+ homes and within walking distance of downtown Excelsior, Lake Minnetonka, and Minnewashta Elementary.
Have you ever wanted a home with an extremely long driveway? This property has it!
Property is being marketed primarily for land/development value. Potential subdivision opportunity is subject to Shorewood approval; buyer/buyer’s agent to independently verify all subdivision, zoning, setback, utility, and development requirements with the City.
Existing home is in substantial disrepair and may be considered a teardown, although renovation may be possible. Property is currently served by private well and septic. City water and sewer are
stubbed/available for connection, and electrical service is available.
Ideal opportunity for builder, developer, or buyer seeking a private estate site in an established luxury neighborhood.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,200,000
Property Type:
Lot/Land
City:
Excelsior
Garage Spaces:
2
County:
Hennepin
Year Built:
1957
State:
MN
Property Style:
Lot/Land
Zip Code:
55331
Subdivision Name:
Marsh Pointe
Exterior
Garage Spaces:
2
Out Buildings:
Garage(s), Lean-To
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Storm Sewer
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
2.02
Geolocation:
44.899577, -93.619593
Inclusions:
Survey
Lot Dimensions:
Irregular
Restrictions:
Open
Zoning:
- Agriculture
- Residential-Single Family
Lot Description:
- Irregular Lot
- Tree Coverage - Heavy
Farm
Topography:
High Ground, Level
Schools
School District:
276
District Phone:
9524015000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,291
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,291
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Curbs, Paved Streets, Public Road, Storm Sewer
Available Utilities:
- Electricity Available
- Electricity Connected
- Private Septic Connected
- Private Well Connected
- Propane Connected
- Sewer Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
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credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 JPW 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.