This 1.8-acre property offers exceptional flexibility and investment potential. Nestled on a level, fully fenced lot just minutes from the Lake Minnetonka LRT Trail and vibrant downtown Excelsior. Lot can be split into two lots through a Minor Subdivision. Whether you're looking to build a custom home on a large estate or develop two individual residences, this property provides a rare opportunity. Located within the highly rated Minnetonka School District, this property offers the perfect blend of location, lifestyle, and long-term potential—just minutes from local dining, boutique shopping, and year-round community events.
Active with contingency
Price cut: $49.5K (7/25)
$599,500
24695 Glen Rd, Shorewood, MN 55331
--beds
--baths
1.81Acres
Unimproved Land
Built in ----
1.81 Acres Lot
$724,500 Zestimate®
$--/sqft
$-- HOA
What's special
Level fully fenced lot
- 89 days |
- 203 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Desrochers Realty Group 612-688-7024,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7071235
Facts & features
Interior
Features
- Has basement: No
Video & virtual tour
Property
Lot
- Size: 1.81 Acres
- Dimensions: 206 x 400 x 200 x 385
- Features: Tree Coverage - Heavy
- Topography: Level,Wooded
Details
- Parcel number: 3311723120025
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Phone Available, Water Available, Water Connected
Community & HOA
Community
- Features: No
- Subdivision: Manitou Glen
HOA
- Has HOA: No
Location
- Region: Shorewood
Financial & listing details
- Tax assessed value: $693,300
- Annual tax amount: $8,724
- Date on market: 5/11/2026
- Inclusions: Soil Test Available, Survey
- Electric utility on property: Yes
Estimated market value
$724,500
$594,000 - $855,000
$2,052/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Price change | $599,500-7.6% |
Source:  NorthstarMLS as distributed by MLS GRID #7071235 Report a problem | ||
| 7/1/2026 | Price change | $649,000-7.3% |
Source: NorthstarMLS as distributed by MLS GRID #7071235 Report a problem | ||
| 6/14/2026 | Price change | $700,000-9.7% |
Source: NorthstarMLS as distributed by MLS GRID #7071235 Report a problem | ||
| 5/11/2026 | Listed for sale | $775,000-8.8% |
Source: NorthstarMLS as distributed by MLS GRID #7071235 Report a problem | ||
| 5/11/2026 | Listing removed | $849,900 |
Source: eXp Realty #6751893 Report a problem | ||
| 4/30/2026 | Listed for sale | $849,900 |
Source: NorthstarMLS as distributed by MLS GRID #6751893 Report a problem | ||
| 3/2/2026 | Pending sale | $849,900 |
Source: NorthstarMLS as distributed by MLS GRID #6751893 Report a problem | ||
| 9/4/2025 | Price change | $849,900-5.5% |
Source: NorthstarMLS as distributed by MLS GRID #6751893 Report a problem | ||
| 8/14/2025 | Price change | $899,000-10.1% |
Source: NorthstarMLS as distributed by MLS GRID #6751893 Report a problem | ||
| 7/9/2025 | Listed for sale | $1,000,000+40.8% |
Source: NorthstarMLS as distributed by MLS GRID #6751893 Report a problem | ||
| 8/12/2024 | Sold | $710,000+1.4% |
Source: NorthstarMLS as distributed by MLS GRID #6547773 Report a problem | ||
| 6/20/2024 | Pending sale | $699,999 |
Source: NorthstarMLS as distributed by MLS GRID #6547773 Report a problem | ||
| 6/7/2024 | Listed for sale | $699,999+9900% |
Source: NorthstarMLS as distributed by MLS GRID #6547773 Report a problem | ||
| 1/23/1998 | Sold | $7,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,851 -17.7% | $693,300 +7.5% |
| 2024 | $9,538 +5.7% | $644,900 -12.4% |
| 2023 | $9,027 +20.9% | $735,800 +6.2% |
| 2022 | $7,466 +19.5% | $693,000 +28.8% |
| 2021 | $6,246 +3.6% | $538,000 +10.7% |
| 2020 | $6,029 -3.5% | $486,000 +8.7% |
| 2019 | $6,246 +3.6% | $447,000 +1.8% |
| 2018 | $6,029 -6.6% | $439,000 -1.6% |
| 2017 | $6,452 +5.3% | $446,000 +4.4% |
| 2016 | $6,125 +2.6% | $427,000 +15.1% |
| 2015 | $5,969 +15.7% | $371,000 +8.5% |
| 2014 | $5,158 +8.5% | $342,000 +9.3% |
| 2013 | $4,754 +14.5% | $313,000 -0.6% |
| 2012 | $4,151 -12% | $315,000 -14.6% |
| 2011 | $4,717 +1.3% | $369,000 -7.3% |
| 2010 | $4,656 -9.8% | $398,000 -2.7% |
| 2009 | $5,162 +20.2% | $409,000 +13.3% |
| 2006 | $4,294 -10.9% | $361,000 +7.5% |
| 2005 | $4,821 +26.5% | $335,800 +15% |
| 2004 | $3,812 -0.2% | $292,000 +11.7% |
| 2002 | $3,819 -36.9% | $261,400 |
| 2001 | $6,049 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 4.1 mi
- $381,0001 bd1 ba838 sqft24645 Glen Rd, Shorewood, MN 55331Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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