58XX Ridge Road, Excelsior, MN 55331 (MLS# 7056501)

Overview

Description

Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront retreat. Within minutes to charming Downtown Excelsior, where you can explore charming boutiques, restaurants, coffee shops, grocery store, and Lake Minnetonka amenities. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail. Please contact the Listing Agent for additional information on this exceptional opportunity.

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 387
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 242x467x375x286
Acres: 2.31
Lake/Waterfront Name: Silver
Assessment Pending: Yes
Association Fee: 0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected Development Status: Finished Lot(s) Improvements: Paved Streets Land Inclusions: Survey Lot Description: Accessible Shoreline; Tree Coverage - Heavy Road Frontage: Paved Streets; Private Road Road Responsibility: Private Maintained Road Sellers Terms: Cash; Conventional Topography: Wooded; Sloped Waterfront View: Lake

Contract Information

Contingency: None
Original List Price: 500000
ListPrice: 500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 58XX
Street Name: Ridge
Street Suffix: Road
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Assessment Balance: 656.01
Tax With Assessments: 7425.44

Builder Information

Builder Restrictions: Open

More Information

Lake Details

Lake Acres: 73
Lake Depth: No

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 36
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: UNPLATTED 36 117 23 BEG AT NE COR OF NE 1/4 OF SW 1/4 TH WEST ASSUMED BEARING ALONG N LINE OF GOVT LOT 8 DIS 416.7 FT TH S 22 DEG 57 MIN W DIS 6.5 FT TH S 21 DEG 10 MIN E DIS 67.9 FT TH S 05 DEG 11 MIN W DIS 92.4 FT TH S 16 DEG 10 MIN W DIS 76.92 FT TH S 73 DEG 53 MIN E TO SHORELINE OF SILVER LAKE TH NELY ALONG SHORELINE TO ITS INTERSEC WITH N LINE OF GOVT LOT 8 TH W TO BEG
Listing City: Shorewood
Map Page: 118
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013600
DNR Lake Classification: Natural Environment
Zip Plus 4: 8153
Property ID Number: 3611723310014
Tax Year: 2026
Tax Amount: 6769.43
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront retreat. Within minutes to charming Downtown Excelsior, where you can explore charming boutiques, restaurants, coffee shops, grocery store, and Lake Minnetonka amenities. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail. Please contact the Listing Agent for additional information on this exceptional opportunity.
Directions: Highway 7, south on Old Market Boulevard, east on Covington Road, left on Ridge Road.

Development Status

Finished Lot(s): Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Lake Front: Yes

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Heavy: Yes

Restriction/Covenants

Other: Yes

Road Frontage

Paved Streets: Yes
Private Road: Yes

Road Responsibility

Private Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Wooded: Yes
Sloped: Yes

Waterfront View

Lake: Yes

Available Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Private Well Available: Yes
Private Well Connected: Yes
Sewer Available: Yes
Sewer Connected: Yes

Improvements

Paved Streets: Yes

Land Inclusions

Survey: Yes