Rare confidential opportunity in a highly desirable Excelsior location. CONFIDENTIAL LISTING — PLEASE DO NOT DISTURB TENANTS. The existing house is livable, but the primary value is in the land. This property presents an excellent opportunity for a buyer looking to tear down the current structure and build a custom luxury home or estate.
The home is currently occupied by a long-term tenant paying reasonably fair rent under an annual lease agreement, providing interim income while future plans are made. Great potential for redevelopment in a sought-after area.
DO NOT DISTURB TENANTS. SHOWINGS OR PROPERTY ACCESS BY APPOINTMENT ONLY.
BUYERS & BUYERS AGENTS VERIFY ALL INFORMATION.
Active
$849,000
24860 Smithtown Rd, Shorewood, MN 55331
--beds
--baths
2.92Acres
Unimproved Land
Built in 1950
2.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days |
- 380 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 09:10am
Listed by:
Rustam Muharamov 612-444-3333,
Financially Free, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033243
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 2.92 Acres
- Topography: Other
Details
- Parcel number: 3311723240006
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Other Available, Other Connected
Community & HOA
Community
- Features: No
- Subdivision: Auditors Sub 133
HOA
- Has HOA: No
Location
- Region: Shorewood
Financial & listing details
- Tax assessed value: $678,900
- Annual tax amount: $7,799
- Date on market: 3/9/2026
- Inclusions: Other
Estimated market value
Not available
Estimated sales range
Not available
$2,416/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $849,000+99.8% |
Source:  NorthstarMLS as distributed by MLS GRID #7033243 Report a problem | ||
| 3/9/2022 | Sold | $425,000+18.1% |
Source: Public Record Report a problem | ||
| 1/21/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/18/2021 | Price change | $2,200-12% |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2020 | Listed for rent | $2,500 |
Source: Zillow Rental Manager Report a problem | ||
| 11/10/2020 | Sold | $360,000+63.4% |
Source: Public Record Report a problem | ||
| 4/1/2016 | Sold | $220,299-6.1% |
Source: NorthstarMLS as distributed by MLS GRID #4613027 Report a problem | ||
| 1/28/2016 | Listed for sale | $234,700-5% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 11/26/2015 | Listing removed | $247,000 |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 10/6/2015 | Price change | $247,000-5% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 9/9/2015 | Price change | $260,000-5% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 8/11/2015 | Price change | $273,600-5% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 7/16/2015 | Price change | $287,900-5% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 6/19/2015 | Listed for sale | $303,000-28.7% |
Source: REALHome Services and Solutions #4613027 Report a problem | ||
| 3/16/2015 | Listing removed | $425,000+2.8% |
Source: RE/MAX Preferred #4531524 Report a problem | ||
| 10/10/2014 | Sold | $413,616-2.7% |
Source: Public Record Report a problem | ||
| 9/27/2014 | Listed for sale | $425,000 |
Source: RE/MAX Preferred #4531524 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,799 +3.7% | $678,900 +5.9% |
| 2024 | $7,520 +15.3% | $641,100 -0.6% |
| 2023 | $6,523 +4.1% | $645,100 +14.6% |
| 2022 | $6,264 +15.2% | $563,000 +14.4% |
| 2021 | $5,436 -0.5% | $492,000 +16.3% |
| 2020 | $5,462 +0.5% | $423,000 +4.4% |
| 2019 | $5,436 -0.5% | $405,000 -1.5% |
| 2018 | $5,462 +3.6% | $411,000 +9.3% |
| 2017 | $5,273 +2.1% | $376,000 +1.1% |
| 2016 | $5,164 -8.4% | $372,000 +19.2% |
| 2015 | $5,637 +17.8% | $312,000 +14.3% |
| 2014 | $4,783 +18.4% | $273,000 +3% |
| 2013 | $4,038 +0.6% | $265,000 -5% |
| 2012 | $4,014 -20.7% | $279,000 -14.7% |
| 2011 | $5,064 -0.3% | $327,000 -8.4% |
| 2010 | $5,080 -2.1% | $357,000 -3.3% |
| 2009 | $5,190 +14.5% | $369,000 +17.5% |
| 2006 | $4,534 +8.8% | $314,100 +15% |
| 2005 | $4,167 +16.7% | $273,200 +24.1% |
| 2004 | $3,572 +13% | $220,200 +14.6% |
| 2002 | $3,162 -5.4% | $192,200 |
| 2001 | $3,343 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-6Distance: 1 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 4.2 mi
Local experts in 55331
- Minnesota
- Hennepin County
- Shorewood
- 55331
- 24860 Smithtown Rd
Nearby cities
Nearby zip codes
Other Shorewood Topics
