$1,200,000

Exceptional 2.02-acre redevelopment opportunity in Shorewood, surrounded by $1M+ homes and within walking distance of downtown Excelsior, Lake Minnetonka, and Minnewashta Elementary. Have you ever wanted a home with an extremely long driveway? This property has it! Property is being marketed primarily for land/development value. Potential subdivision opportunity is subject to Shorewood approval; buyer/buyer’s agent to independently verify all subdivision, zoning, setback, utility, and development requirements with the City. Existing home is in substantial disrepair and may be considered a teardown, although renovation may be possible. Property is currently served by private well and septic. City water and sewer are stubbed/available for connection, and electrical service is available. Ideal opportunity for builder, developer, or buyer seeking a private estate site in an established luxury neighborhood.