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27940 Smithtown Road, Excelsior, MN 55331

$3,295,000

Spectacular building site on Lake Minnetonka!

West-facing, 174 feet of hard sand botto

Bring your imagination and enjoy this magnificent opportunity!

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 4,247 Lot Size (sq. ft.): 50,094 Status: Closed

Current Price: $3,295,000 List Date: 7/12/2024 Last Modified: 8/21/2025

Overview

Description

HERE IT IS! At last, spectacular building site on Lake Minnetonka! This Smithtown Bay site has it all! West-facing, 174 feet of hard sand bottom, a charming boat house at water’s edge, privacy, mature trees, approximately 1.15 Acres, and an old cottage-style home that can be used, (AS IS) but is presumed to be torn town, since the value is in the land and not in the house. Bring your imagination and enjoy this magnificent opportunity! Open to all builders. All buyers must be pre-approved. Buyers and Buyer’s agents to verify all measurements, details and figures as they are not guaranteed.

Listing Details MLS# 6491697

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 160
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Bath Full: 3
Main Floor Total SqFt: 2672
Above Grd Total SqFt: 2672
Below Grd Total SqFt: 1575
Total SqFt: 4247
Total Finished Sqft: 2672.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1575
Garage Stalls: 2
Lot Dimensions: irregular
Acres: 1.15
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Unfinished Bath Description: Main Floor Full Bath; Full Primary; Private Primary; Bathroom Ensuite Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Exterior: Vinyl Financing Terms: Cash Fireplace Characteristics: Living Room Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room; Main Level Lock Box Type: Combo Lot Description: Accessible Shoreline Sewer: Other Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry Stories: One Water: Well Waterfront View: West

Contract Information

Off Market Date: 2024-07-13
Contingency: None
Closed Date: 2024-08-20
Original List Price: 3295000
Sales Close Price: 3295000
ListPrice: 3295000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 27940
Street Name: Smithtown
Street Suffix: Road
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Bill Erickson Add

Assessments

Tax With Assessments: 33263
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2672

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24 x 21
Garage Square Feet: 496

Public Survey Info

Range#: 23
Section#: 31
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 003 BLOCK 001 BILL ERICKSON ADDN
Listing City: Excelsior
Map Page: 117
Municipality: Shorewood
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 7911
Property ID Number: 3111723340033
Tax Year: 2024
Tax Amount: 33263
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: HERE IT IS! At last, spectacular building site on Lake Minnetonka! This Smithtown Bay site has it all! West-facing, 174 feet of hard sand bottom, a charming boat house at water’s edge, privacy, mature trees, approximately 1.15 Acres, and an old cottage-style home that can be used, (AS IS) but is presumed to be torn town, since the value is in the land and not in the house. Bring your imagination and enjoy this magnificent opportunity! Open to all builders. All buyers must be pre-approved. Buyers and Buyer’s agents to verify all measurements, details and figures as they are not guaranteed.
Directions: Smithtown to shared driveway. Use GPS.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Basement

Unfinished: Yes

Bath Description

Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
Bathroom Ensuite: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Separate/Formal Dining Room: Yes

Exterior

Vinyl: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

Living Room: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes
Main Level: Yes

Lock Box Type

Combo: Yes

Lot Description

Accessible Shoreline: Yes

Patio, Porch and Deck Features

Deck: Yes

Sewer

Other: Yes

Special Search

All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes

Stories

One: Yes

Water

Well: Yes

Waterfront View

West: Yes

Room Information

Room Name	Dimensions	Level
Living Room	32 x 12	Main
Kitchen	13 x 15	Main
Bathroom	20 x 9	Main
First (1st) Bedroom	23 x 11	Main
Second (2nd) Bedroom	17 x 14	Main
Dining Room	13 x 10	Main
Bonus Room	13 x 15	Main
Third (3rd) Bedroom	12 x 14	Main
Laundry	7 x 6	Main
Deck	40 x 19	Main

Listing Office: Coldwell Banker Realty

Last Updated: August - 21 - 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.