24560 Smithtown Rd, Excelsior, MN 55331
Property image
Property image
FOR SALE
1.06 ACRES

$499,900

Original price: $599,000

    24560 Smithtown Rd, Excelsior, MN 55331

    Est. Mortgage $3,268/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    1.06 acre lot

    Local Information

    • Map ViewExplore the area around 24560 Smithtown Rd.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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.
    Last check for updates: 44 minutes ago
    Listing courtesy of Amber Simon, (612) 710-0834
    eXp Realty
    Meaghan M McPherson, (763) 221-2221
    Source: NorthstarMLS as distributed by MLS GRID, MLS#7120852

    Home Details for 24560 Smithtown Rd

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Water Available
    Gas & Electric
    No Electric on Property
    View
    No View

    Exterior Features

    Frontage
    Road Surface Type: PavedNot on Waterfront
    Surface & Elevation
    Topography: Level, Walkout

    Days on Market

    Days on Market: 50

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: Platted, SurveyParcel Number: 3311723130011

    Price & Status

    Price
    List Price: $499,900

    Location

    Direction & Address
    City: ExcelsiorCommunity: Auditors Sub 133
    School Information
    High School District: Minnetonka

    Agent Information

    Listing Agent
    Listing ID: 7120852

    Community

    Community Features: No

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 1.06 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 7120852

    Additional Information

    No

    What Locals Say about Shorewood

    At least 38 Trulia users voted on each feature.
    • 98 % Say it's dog friendly

    • 95 % Say people would walk alone at night

    • 94 % Say yards are well-kept

    • 90 % Say parking is easy

    • 87 % Say there's wildlife

    • 87 % Say car is needed

    • 81 % Say there's holiday spirit

    • 80 % Say neighbors are friendly

    • 80 % Say it's quiet

    • 78 % Say there are community events

    • 77 % Say they plan to stay for at least 5 years

    • 69 % Say kids play outside

    • 52 % Say it's walkable to restaurants

    • 36 % Say it's walkable to grocery stores

    • 34 % Say streets are well-lit

    • 27 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "Lots of dogs and great streets for walking"
    • Pates99
      "Could do with sidewalks, but traffic drives slow through neighborhood. Very close to trail system so good for dog walking."
    • Cathy D. V.
      "Lots kid of all ages Several parks Sledding hill Neighbor parties with kids and adults. Take care of property and updates Feel safe walking at night A lot of wildlife"
    • Jlehrke16
      "Lived here for 20+ years. Building a house across the street from me right now. I love the area and hope you do as well. "
    • Tim D.
      "Fantastic location - Award wining school district, stones throw to extensive walking trails, short bike ride to Excelsior and Lake Minnetonka. "

    Market trends in Shorewood

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    39
    3
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.17
    Lot/Land
    $583,314
    09/18/26
    -
    -
    0.32
    Lot/Land
    $270,000
    04/30/26
    -
    -
    0.72
    Lot/Land
    $280,000
    08/06/26
    -
    -
    0.87
    Lot/Land
    $280,000
    11/25/25
    -
    -
    1.05
    Lot/Land
    $668,000
    04/10/26
    -
    -
    0.89
    Lot/Land
    $400,000
    02/02/26
    -
    -
    1.09
    Lot/Land
    $790,000
    08/28/26
    -
    -
    1.15
    Lot/Land
    $625,000
    12/31/25
    -
    -
    1.89
    Lot/Land
    $1,010,000
    03/20/26
    -
    -
    1.68
    Lot/Land
    $1,885,000
    05/22/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.14
    $460,100
    3
    2.5
    3,017
    Off Market
    0.15
    $598,300
    3
    2.5
    2,479
    Off Market
    0.12
    $1,693,000
    5
    4.5
    5,755
    Off Market
    0.14
    -
    -
    -
    -
    Off Market
    0.17
    $1,250,000
    3
    2.5
    2,988
    For Sale
    0.14
    $1,794,200
    5
    4.5
    5,616
    Off Market
    0.18
    $1,150,000
    3
    2.5
    2,988
    For Sale
    0.17
    $583,314
    -
    -
    -
    Recently Sold
    0.18
    $1,275,000
    3
    2.5
    2,988
    For Sale
    0.19
    $1,509,123
    3
    2.5
    3,811
    Recently Sold
    0.20
    $1,200,000
    3
    2.5
    2,988
    Recently Sold

    Price and Tax history

    DateEventPrice
    Sep 9, 2026
    Source: eXp Realty #7120852
    PriceChange
    $499,900
    Price decreased by 17%
    Aug 3, 2026
    Source: eXp Realty #7120852
    Listed For Sale
    $599,000
    Aug 1, 2026
    Source: eXp Realty #7054352
    ListingRemoved
    $599,000
    Apr 14, 2026
    Source: NorthstarMLS as distributed by MLS GRID #7054352
    Listed For Sale
    $599,000
    Mar 14, 2014
    Source: Agent Provided
    ListingRemoved
    $160,000

    LGBTQ Local Legal Protections

    Amber Simon, eXp Realty
    Agent Phone: (612) 710-0834
    Based on information submitted to the MLS GRID as of 2026-09-22 13:38:15 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. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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    Frequently asked questions about 24560 Smithtown Rd

    • How big is 24560 Smithtown Rd?
      24560 Smithtown Rd in Excelsior, MN is about 1.1 acres.
    • What is the price per acre for 24560 Smithtown Rd?
      24560 Smithtown Rd in Excelsior, MN is listed at $499,900, or about $470K per acre.
    • What do residents say about Excelsior?
      Residents describe Excelsior, MN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Excelsior, MN.
    • What are the closest schools to 24560 Smithtown Rd?
      The closest schools to 24560 Smithtown Rd in Excelsior, MN are Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10), Minnewashta Elementary School (rated 9/10).
    24560 Smithtown Rd, Excelsior, MN 55331 is a lot/land. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 3, 2026. The MLS # for this home is MLS# 7120852.