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.
Closed
$3,295,000
27940 Smithtown Rd, Shorewood, MN 55331
3beds
4,247sqft
Single Family Residence
Built in 1900
1.15 Acres Lot
$1,665,500 Zestimate®
$776/sqft
$4,457 Estimated rent
Home value
$1,665,500
$1.52M - $1.83M
$4,457/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 20, 2025 at 10:29pm
Listed by:
Ellen D DeHaven 952-473-3000,
Coldwell Banker Realty
Bought with:
Mary Meuwissen
Counselor Realty of Victoria
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6491697
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Main
- Area: 253 Square Feet
- Dimensions: 23 x 11
Bedroom 2
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17 x 14
Bedroom 3
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12 x 14
Bathroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 20 x 9
Bonus room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13 x 15
Deck
- Level: Main
- Area: 760 Square Feet
- Dimensions: 40 x 19
Dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13 x 10
Kitchen
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13 x 15
Laundry
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7 x 6
Living room
- Level: Main
- Area: 384 Square Feet
- Dimensions: 32 x 12
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 4,247
- Total interior livable area: 4,247 sqft
- Finished area above ground: 2,672
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (24 x 21)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: West, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 160
Lot
- Size: 1.15 Acres
- Features: Accessible Shoreline
Details
- Foundation area: 1575
- Parcel number: 3111723340033
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Age of Property: 125
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Other
- Water: Well
Community & neighborhood
Location
- Region: Shorewood
- Subdivision: Bill Erickson Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2024 | Sold | $3,295,000$776/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6491697 Report a problem | ||
| 7/13/2024 | Pending sale | $3,295,000$776/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6491697 Report a problem | ||
| 7/12/2024 | Listed for sale | $3,295,000+2096.7%$776/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6491697 Report a problem | ||
| 1/26/2004 | Sold | $150,000-90%$35/sqft |
Source: Public Record Report a problem | ||
| 9/22/2003 | Sold | $1,500,000$353/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,582 +6% | $3,235,900 +19.3% |
| 2024 | $34,525 +3.8% | $2,713,400 +1.2% |
| 2023 | $33,263 +20.7% | $2,681,900 +5% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-6Distance: 1.3 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.9 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 6.4 mi
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Estimated market value
$1,665,500