27940 Smithtown Road, Excelsior, MN 55331

$3,295,000

Property Type: Land Lot Size (sq. ft.): 50,094 Status: Closed

Current Price: $3,295,000 List Date: 7/12/2024 Last Modified: 8/21/2025

Overview

Description

HERE IT IS! At last, spectacular building site on Lake Minnetonka! This Smithtown Bay site has it all! West-facing, 174 feet of hard sand bottom, a charming boat house at water’s edge, privacy, mature trees, approximately 1.15 Acres, and an old cottage-style home that can be used, (AS IS) but is presumed to be torn town, since the value is in the land and not in the house. Bring your imagination and enjoy this magnificent opportunity! Open to all builders. All buyers must be pre-approved. Buyers and Buyer’s agents to verify all measurements, details and figures as they are not guaranteed.

Listing Details MLS# 6565357

General Property Information

Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Frontage: 174
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Lot Dimensions: 174x293x97x329
Acres: 1.15
Lake/Waterfront Name: Minnetonka

Property Features

Available Utilities: Electricity Available; Phone Available; Private Well Connected; Sewer Connected Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Cash Financing Terms: Cash Improvements: Paved Streets; Shared Driveway; Other Lake Details: Hard; Sand Land Inclusions: Dock; Survey; Survey Stakes; Topographic Map Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium; Underground Utilities Outbuildings: Boat House Property SubType: Lake Property; Residential Lot Road Frontage: Cul De Sac; No Outlet/Dead End; Paved Streets; Private Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash Topography: Sloped Waterfront View: Bay

Contract Information

Off Market Date: 2024-07-13
Contingency: None
Closed Date: 2024-08-20
Original List Price: 3295000
Sales Close Price: 3295000
ListPrice: 3295000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 27940
Street Name: Smithtown Road
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Bill Erickson Add

Assessments

Tax With Assessments: 33263

Builder Information

Builder Restrictions: Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 15-26

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 31
Township#: 117

Listing Office: Coldwell Banker Realty

Last Updated: August - 21 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

27940 Smithtown Road, Excelsior, MN 55331 (MLS# 6565357)