21560 Fairview Street, Greenwood, MN 55331

$4,550,000
Property Type: Land Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $4,550,000 List Date: 10/18/2023 Last Modified: 6/04/2025

Overview

Description

155 feet of prime, west facing lakefront with panoramic lower Lake Minnetonka views of Big Island and far beyond. VERY gradual slope to the sandy shoreline anchored with a tiered concrete barrier & substantial rip-rap. A walkable mile on the trail to Excelsior. Minnetonka Schools.

Listing Details MLS# 6449951

General Property Information

Comp Sale YN
No
Development
No
Drainage
Good
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
155
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Shoreline, Residential-Single Family
Lot Dimensions
Irregular
Acres
0.52
Lake/Waterfront Name
Minnetonka
Power Company
Xcel Energy
Association Fee
0

Property Features

Assumable Loan: Not Assumable Available Utilities: Broadband Available; Cable Available; Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Crop Type: None Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Free and Clear Farm Type: None Fencing: None Financing Terms: Cash Improvements: Paved Streets Internet Options: Cable; DSL; Fiber Optic; Satellite Lake Details: Excellent Sand Land Inclusions: For Sale Sign Lock Box Type: None Lot Description: Accessible Shoreline; Cleared; Tree Coverage - Light Property SubType: Lake Property; Residential Lot Road Frontage: Private Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Clay; Loam; Sand Topography: Sloped Waterfront View: Lake; Panoramic; West

Contract Information

Off Market Date
2024-01-27
Contingency
None
Closed Date
2024-02-13
Original List Price
4700000
Sales Close Price
4550000
ListPrice
4700000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
21560
Street Name
Fairview
Street Suffix
Street
Postal City
Greenwood
County
Hennepin
State
MN
Zip Code
55331

Assessments

Tax With Assessments
47276
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
14205
Lake Depth
113
Excellent Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
26
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Listing City
Greenwood
Map Page
117
Municipality
Greenwood
Rental License?
No
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
1609
Property ID Number
2611723130078
Tax Year
2023
Tax Amount
47276
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
155 feet of prime, west facing lakefront with panoramic lower Lake Minnetonka views of Big Island and far beyond. VERY gradual slope to the sandy shoreline anchored with a tiered concrete barrier & substantial rip-rap. A walkable mile on the trail to Excelsior. Minnetonka Schools.
Directions
Mtka Blvd to Sleepy Hollow Rd., right on Fairview ST

Assumable Loan

Not Assumable
Yes

Crop Type

None
Yes

Development Status

Finished Lot(s)
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Existing Financing

Free and Clear
Yes

Farm Type

None
Yes

Fencing

None
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes
Satellite
Yes

Lake/Waterfront

Lake Front
Yes

Lock Box Type

None
Yes

Lot Description

Accessible Shoreline
Yes
Cleared
Yes
Tree Coverage - Light
Yes

Restriction/Covenants

Easements-Road/Right of Way
Yes

Road Frontage

Private Road
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Soil Type

Clay
Yes
Loam
Yes
Sand
Yes

Topography

Sloped
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
West
Yes

Available Utilities

Broadband Available
Yes
Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Water Available
Yes

Improvements

Paved Streets
Yes

Land Inclusions

For Sale Sign
Yes

Property SubType

Lake Property
Yes
Residential Lot
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: June - 04 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.