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Active NEW!
$450,000
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 1948
2,720 sqft • 2.31 acres
Minnetonka schools
MLS# 7102066
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    Property Description

    Renovate or build your dream home in the heart of Shorewood, Minnesota. Nestled on a private, wooded 2.3-acre lot with 387 feet of frontage on Silver Lake, this exceptional property offers a rare opportunity to create a spectacular lakefront estate. Perched along scenic Ridge Road and surrounded by mature trees, the setting provides outstanding privacy and natural beauty. Located in the award-winning Minnetonka School District, the property includes an existing three-bedroom, two-bathroom walkout rambler, offering the flexibility to renovate or start fresh with the builder of your choice. Newer AC unit (2023), washer/dryer, and microwave. Well is in good working order, along with the Kinetico water system. Enjoy the perfect blend of tranquility and convenience, just minutes from charming Downtown Excelsior, where you'll find boutique shopping, restaurants, coffee shops, a grocery store, and the many amenities of Lake Minnetonka. Miles of walking and biking trails along the Lake Minnetonka LRT Regional Trail are also just moments away.

    Listing

    Contingency: None
    Price per sq ft: $165
    City: Shorewood
    County: Hennepin
    State: MN
    Property Style: 1 Story
    Zip Code: 55331

    Interior

    Living Area: 2,720 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Filtration System
    Fireplace Details:
    • Family Room
    • Living Room
    Basement Details:
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 484 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,380 ft2
    Handicap Accessible: None
    Road Responsibility: Private Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Garage Door Opener
    Unit Amenities:
    • Hardwood Floors
    • Patio
    • Porch
    • Tile Floors
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • No Outlet/Dead End
    • Paved Streets
    • Private Road
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Main Floor Full Bath
    • Separate Tub & Shower
    Dining/Kitchen:
    • Breakfast Area
    • Eat In Kitchen
    • Living/Dining Room
    • Separate/Formal Dining Room
    Laundry: Lower Level
    Main Level Size Sq Ft
    Dining Room  14 x 12  168 
    Family Room  18 x 13  234 
    Bedroom  21 x 12  252 
    Kitchen  16 x 12  192 
    Living Room  21 x 12  252 
    Lower Level Size Sq Ft
    Family Room  17 x 15  255 
    Bedroom 2  21 x 14  294 
    Bedroom 3  16 x 12  192 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Lake
    WF Frontage: 387
    Waterfront: Lake Front

    Lot & Land

    Acres: 2.31
    Geolocation: 44.898247, -93.534342
    Lot Dimensions: 242 x 467 x 375 x 286
    Zoning: Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Heavy

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,769
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,769
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: Well

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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!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.