Rarely does a property of this caliber become available: a pristine 2.15 acre south-facing estate site, offered for the first time in over five decades. Tucked within a canopy of mature hardwoods and lush, wildlife-filled gardens, this elevated parcel delivers sweeping, unobstructed views and an atmosphere of profound peace—enhanced by its proximity to the serene, private waters of 15-acre Wing Lake. The current residence is likely a teardown, clearing the way for your bespoke vision: craft a modern retreat, timeless estate, or family compound tailored precisely to your desires. Complementing the site are two valuable outbuildings—a 24x22 two-car garage and a delightful 25x16 barn with upper-level studio potential—ready to serve as workshop, guest quarters, or creative haven. A long, winding private driveway ensures seclusion while the location offers perfect balance: minutes from Minnetonka's premier shopping, dining, top-rated schools, and recreational amenities, yet only 20 minutes from downtown Minneapolis and MSP International Airport. In a market where exceptional land is increasingly scarce, this parcel stands out as the true asset—proving that value resides in the land itself. Open to all builders and dreamers alike. Schedule your private viewing today—opportunities this extraordinary are fleeting.
Closed
$600,000
5338 Highland Rd, Minnetonka, MN 55345
3beds
2,538sqft
Single Family
Built in 1939
2.15 Acres Lot
$609,100 Zestimate®
$236/sqft
$3,554 Estimated rent
Home value
$609,100
$566,000 - $658,000
$3,554/mo
Zestimate® history
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$3,846/mo
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Zillow last checked:
Listing updated:
Listed by:
Hans C Zinn 612-964-8111,
Coldwell Banker Realty,
Max C Zinn 612-281-7060
Bought with:
Charles Koontz
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7021365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Boiler
Cooling
- Central Air, Window Unit(s)
Features
- Basement: Daylight,Full,Partially Finished,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,538
- Total interior livable area: 2,538 sqft
- Finished area above ground: 1,892
- Finished area below ground: 162
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Asphalt, Multiple Garages
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Partial,Privacy,Wood
- Has view: Yes
- View description: Lake, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 2.15 Acres
- Features: Irregular Lot, Tree Coverage - Heavy
Details
- Additional structures: Garage(s), Other
- Foundation area: 946
- Parcel number: 2811722340026
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Wing Lake Terrace 4th
HOA
- Has HOA: No
Location
- Region: Minnetonka
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $362,700
- Annual tax amount: $4,289
- Date on market: 2/18/2026
- Cumulative days on market: 10 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $600,000-3.1%$236/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7021365 Report a problem | ||
| 3/6/2026 | Pending sale | $619,000$244/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7021365 Report a problem | ||
| 3/1/2026 | Listing removed | $619,000$244/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7021365 Report a problem | ||
| 2/18/2026 | Listed for sale | $619,000-4.6%$244/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7021371 Report a problem | ||
| 12/30/2025 | Listing removed | $649,000$256/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6800553 Report a problem | ||
| 11/3/2025 | Price change | $649,000-7.2%$256/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780836 Report a problem | ||
| 9/5/2025 | Price change | $699,000-83.4%$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780836 Report a problem | ||
| 9/5/2025 | Listed for sale | $4,200,000+484.1%$1,655/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780829 Report a problem | ||
| 8/29/2025 | Listing removed | $719,000$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675447 Report a problem | ||
| 5/29/2025 | Price change | $719,000-10.1%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675447 Report a problem | ||
| 4/2/2025 | Listed for sale | $800,000$315/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675447 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,289 +3.4% | $362,700 +0.1% |
| 2024 | $4,147 +2.9% | $362,200 +1.8% |
| 2023 | $4,029 +9.7% | $355,800 +1.6% |
| 2022 | $3,674 -22.4% | $350,100 +16% |
| 2021 | $4,738 -5% | $301,800 -21.5% |
| 2020 | $4,989 +5.3% | $384,500 +0.2% |
| 2019 | $4,738 -5% | $383,700 +3.1% |
| 2018 | $4,989 +3.9% | $372,000 -1% |
| 2017 | $4,804 -5.6% | $375,900 -0.2% |
| 2016 | $5,088 -3.1% | $376,700 +7.8% |
| 2015 | $5,252 +6% | $349,400 +9.5% |
| 2014 | $4,954 +2.2% | $319,000 -5.9% |
| 2013 | $4,847 +2.6% | $338,900 -0.3% |
| 2012 | $4,725 +2.2% | $339,800 -3.6% |
| 2011 | $4,622 +3% | $352,400 -5.5% |
| 2010 | $4,489 -0.4% | $372,900 -6.5% |
| 2009 | $4,509 +2.7% | $399,000 +5.8% |
| 2006 | $4,388 +7.2% | $377,100 +7.3% |
| 2005 | $4,093 +8.6% | $351,500 +15% |
| 2004 | $3,769 +0.3% | $305,700 +4.1% |
| 2002 | $3,756 -35.8% | $293,800 |
| 2001 | $5,849 | -- |
Find assessor info on the county website
Neighborhood: 55345
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Nearby schools
GreatSchools rating
- 7/10Glen Lake Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Hopkins West Junior High SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Hopkins Senior High SchoolGrades: 9-12Distance: 4.8 mi
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Estimated market value
$609,100
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Estimated market value
$609,100
- Minnesota
- Hennepin County
- Minnetonka
- 55345
- 5338 Highland Rd
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