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21560 Fairview Street, Greenwood, MN 55331

$4,550,000

far-reaching westerly views of Lower Lake Minnetonka. Walkable to Excelsior via the trail. Level lot 8-10 ft. elevation to the sand packed lake shore

Property Type: Land Lot Size (sq. ft.): 22,651 Status: Closed

Current Price: $4,550,000 List Date: 10/18/2023 Last Modified: 6/04/2025

Overview

Description

155 feet of prime, west facing lakefront with panoramic lower Lake Minnetonka views of Big Island and far beyond. VERY gradual slope to the sandy shoreline anchored with a tiered concrete barrier & substantial rip-rap. A walkable mile on the trail to Excelsior. Minnetonka Schools.

Listing Details MLS# 6449951

General Property Information

Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 155
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Lot Dimensions: Irregular
Acres: 0.52
Lake/Waterfront Name: Minnetonka
Power Company: Xcel Energy
Association Fee: 0

Property Features

Assumable Loan: Not Assumable Available Utilities: Broadband Available; Cable Available; Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Crop Type: None Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Free and Clear Farm Type: None Fencing: None Financing Terms: Cash Improvements: Paved Streets Internet Options: Cable; DSL; Fiber Optic; Satellite Lake Details: Excellent Sand Land Inclusions: For Sale Sign Lock Box Type: None Lot Description: Accessible Shoreline; Cleared; Tree Coverage - Light Property SubType: Lake Property; Residential Lot Road Frontage: Private Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Clay; Loam; Sand Topography: Sloped Waterfront View: Lake; Panoramic; West

Contract Information

Off Market Date: 2024-01-27
Contingency: None
Closed Date: 2024-02-13
Original List Price: 4700000
Sales Close Price: 4550000
ListPrice: 4700000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 21560
Street Name: Fairview
Street Suffix: Street
Postal City: Greenwood
County: Hennepin
State: MN
Zip Code: 55331

Assessments

Tax With Assessments: 47276
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 4-10

Lake Details

Lake Acres: 14205
Lake Depth: 113
Excellent Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 26
Township#: 117

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Listing City: Greenwood
Map Page: 117
Municipality: Greenwood
Rental License?: No
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 1609
Property ID Number: 2611723130078
Tax Year: 2023
Tax Amount: 47276
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 155 feet of prime, west facing lakefront with panoramic lower Lake Minnetonka views of Big Island and far beyond. VERY gradual slope to the sandy shoreline anchored with a tiered concrete barrier & substantial rip-rap. A walkable mile on the trail to Excelsior. Minnetonka Schools.
Directions: Mtka Blvd to Sleepy Hollow Rd., right on Fairview ST

Assumable Loan

Not Assumable: Yes

Crop Type

None: Yes

Development Status

Finished Lot(s): Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Existing Financing

Free and Clear: Yes

Farm Type

None: Yes

Fencing

None: Yes

Financing Terms

Cash: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
DSL: Yes
Fiber Optic: Yes
Satellite: Yes

Lake/Waterfront

Lake Front: Yes

Lock Box Type

None: Yes

Lot Description

Accessible Shoreline: Yes
Cleared: Yes
Tree Coverage - Light: Yes

Restriction/Covenants

Easements-Road/Right of Way: Yes

Road Frontage

Private Road: Yes

Road Responsibility

Public Maintained Road: Yes

Sale Options

Sell Entirely: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Soil Type

Clay: Yes
Loam: Yes
Sand: Yes

Topography

Sloped: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
West: Yes

Available Utilities

Broadband Available: Yes
Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
None Connected: Yes
Sewer Available: Yes
Water Available: Yes

Improvements

Paved Streets: Yes

Land Inclusions

For Sale Sign: Yes

Property SubType

Lake Property: Yes
Residential Lot: Yes

Listing Office: Coldwell Banker Realty

Last Updated: June - 04 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.