Price Reduction
Address
25480 Smithtown Road, Shorewood, MN
Price
$ 1,300,000
Property Attributes
  • ID#6487418
  • TypeLand
  • CountyHENNEPIN
  • CityShorewood
  • AreaAuditors Sub 133
  • NeighborhoodAuditors Sub 133
  • Zip55331
  • Style
  • Taxes$ 5279
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.41 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Introducing an incredible opportunity to develop a prime parcel of land. This is a dream come true for developers and builders seeking the perfect canvas to bring their vision to life. 2.5 acre property with in minutes of Excelsior. Award winning, Minnetonka schools, specifically near Lake Minnetonka and on the bike path, which can be highly desirable for a residential development. Lake Minnetonka bike trail lines the entire property and also adds to the appeal, as it provides easy access for outdoor enthusiasts and promotes a healthy and active lifestyle. 5-minute bike ride into the city of Excelsior! Crescent beach for water activities is right down the road. 25560 Smithtown is part of the sale.

Price History
2/10/2024 Listed $1,500,000
3/16/2024 7% - $1,400,000
4/29/2024 8% - $1,300,000

General Features

Utilities Electricity Connected,Natural Gas Connected,Water Connected,Cable Available,Electricity Available,Natural Gas Available,Sewer Available
Development Status Other
Topography Gently Rolling,Level
Tax Year 2023
County Hennepin
Property Type Land
HOA / Comm Assn No
Contingency None
Subdivision Name Auditors Sub 133
Directions 19 to Smithtown to home right off Eureka
City Shorewood
Buyer Agent Compensation 2.70
High School District Minnetonka
Zoning Description Residential-Single Family
Street Name Smithtown
Land Lease Y/N No
Tax Annual Amount 5279
Additional Parcels Y/N No
Days on Market 79
Standard Status Active
Restrictions None
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Excelsior

Interior Features

Street Suffix Road

Exterior Features

Inclusions Survey
Lot Size Area 2.41
Lot Dimensions 443X130X427X485
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 55331

Price
AVG $810K
$1.3M
Taxes
AVG $5,445
$5,279
Visits
AVG 178
345
Data Provided by Inside Real Estate®

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