Renovate or build your dream home in the heart of Shorewood, Minnesota. Nestled on a private, wooded 2.3-acre lot with 387 feet of frontage on Silver Lake, this exceptional property offers a rare opportunity to create a spectacular lakefront estate. Perched along scenic Ridge Road and surrounded by mature trees, the setting provides outstanding privacy and natural beauty. Located in the award-winning Minnetonka School District, the property includes an existing three-bedroom, two-bathroom walkout rambler, offering the flexibility to renovate or start fresh with the builder of your choice. Newer AC unit (2023), washer/dryer, and microwave. Well is in good working order, along with the Kinetico water system. Enjoy the perfect blend of tranquility and convenience, just minutes from charming Downtown Excelsior, where you'll find boutique shopping, restaurants, coffee shops, a grocery store, and the many amenities of Lake Minnetonka. Miles of walking and biking trails along the Lake Minnetonka LRT Regional Trail are also just moments away.
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Zestimate®
$405,000
5815 Ridge Rd, Shorewood, MN 55331
3beds
2,720sqft
Single Family
Built in 1948
2.31 Acres Lot
$405,000 Zestimate®
$149/sqft
$3,582 Estimated rent
Home value
$405,000
$377,000 - $433,000
$3,582/mo
Zestimate® history
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$2,603/mo
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Zillow last checked:
Listing updated:
Listed by:
Sarah E Polovitz 612-743-6801,
Compass,
Al Anderson 651-802-0271
Bought with:
Sarah E Polovitz
Compass
Al Anderson
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7102066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 252 Square Feet
- Dimensions: 21x12
Bedroom 2
- Level: Lower
- Area: 294 Square Feet
- Dimensions: 21x14
Bedroom 3
- Level: Lower
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Family room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18x13
Family room
- Level: Lower
- Area: 255 Square Feet
- Dimensions: 17x15
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Living room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 21x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Washer
- Laundry: Lower Level
Features
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,720 sqft
- Finished area above ground: 1,380
- Finished area below ground: 1,340
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 387
Lot
- Size: 2.31 Acres
- Dimensions: 242 x 467 x 375 x 286
- Features: Accessible Shoreline, Tree Coverage - Heavy
Details
- Foundation area: 1380
- Parcel number: 3611723310014
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Shorewood
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $553,000
- Annual tax amount: $6,769
- Date on market: 6/30/2026
- Cumulative days on market: 10 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $405,000-10%$149/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7102066 Report a problem | ||
| 7/10/2026 | Pending sale | $450,000$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7102066 Report a problem | ||
| 6/30/2026 | Listed for sale | $450,000+25%$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7102066 Report a problem | ||
| 4/9/2015 | Sold | $360,000+0.3%$132/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2260821 Report a problem | ||
| 1/2/2015 | Listing removed | $359,000$132/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4548914 Report a problem | ||
| 12/12/2014 | Price change | $359,000-7.8%$132/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4548914 Report a problem | ||
| 10/21/2014 | Price change | $389,500+0.1%$143/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4538021 Report a problem | ||
| 10/1/2014 | Price change | $389,000-2.8%$143/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4538021 Report a problem | ||
| 7/12/2014 | Price change | $400,000-5.9%$147/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4538021 Report a problem | ||
| 5/31/2014 | Listed for sale | $425,000-15%$156/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4486456 Report a problem | ||
| 3/15/2014 | Listing removed | $500,000$184/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4442962 Report a problem | ||
| 1/28/2014 | Price change | $500,000+11.1%$184/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4442962 Report a problem | ||
| 11/28/2013 | Listed for sale | $450,000+20.5%$165/sqft |
Source: Coldwell Banker Burnet - Minnetonka #4442962 Report a problem | ||
| 5/31/2002 | Sold | $373,450+58.9%$137/sqft |
Source: Public Record Report a problem | ||
| 6/28/1995 | Sold | $235,000$86/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,245 +15.4% | $553,000 +5% |
| 2024 | $5,414 +4.8% | $526,500 +9.4% |
| 2023 | $5,167 +11.4% | $481,100 +6.2% |
| 2022 | $4,640 -0.9% | $453,000 +23.8% |
| 2021 | $4,683 -4.8% | $366,000 |
| 2020 | $4,917 +5% | $366,000 |
| 2019 | $4,683 -4.8% | $366,000 +9.6% |
| 2018 | $4,917 +8.9% | $334,000 -5.6% |
| 2017 | $4,514 -6.2% | $354,000 -1.4% |
| 2016 | $4,812 -4.1% | $359,000 -2.2% |
| 2015 | $5,019 -2.5% | $367,000 -3.4% |
| 2014 | $5,149 -5.1% | $380,000 -0.8% |
| 2013 | $5,428 -1.2% | $383,000 -6.1% |
| 2012 | $5,494 -13.2% | $408,000 -17.1% |
| 2011 | $6,330 +7.6% | $492,000 -2% |
| 2010 | $5,884 +1.1% | $502,000 -2% |
| 2009 | $5,818 +1.2% | $512,000 +6.8% |
| 2006 | $5,750 +8.7% | $479,300 +15% |
| 2005 | $5,290 +9.7% | $416,800 +15% |
| 2004 | $4,822 +5% | $362,500 +12% |
| 2002 | $4,592 -39.4% | $323,700 |
| 2001 | $7,578 | -- |
Find assessor info on the county website
Neighborhood: 55331
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Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 1.7 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.4 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$405,000
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Estimated market value
$405,000
- Minnesota
- Hennepin County
- Shorewood
- 55331
- 5815 Ridge Rd
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