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  • Price cut: $50K (11/3)
    $649,000

    5338 Highland Rd, Minnetonka, MN 55345

    --beds
    --baths
    2.15Acres
    Unimproved Land
    Built in ----
    2.15 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover a rare gem – a sprawling 2+ acre estate offering unparalleled privacy and tranquility, now available for the first time in over 50 years. Nestled amidst mature trees and vibrant gardens teeming with wildlife, this south-facing building site boasts breathtaking elevated views, with nearby 15-acre Wing Lake and a serene ambiance. The existing home is a teardown, presenting a blank slate for your vision, complemented by two outbuildings: a 24x22 two-car garage and a charming 25x16 barn featuring a second-floor studio. A long, private driveway ensures seclusion, while the convenient location places you just moments from premier shopping and dining, and within 20 minutes of both downtown and the international airport. As the saying goes, it’s always the land and never the bricks and mortar that determine its value – and this extraordinary parcel proves it. This is a once-in-a-lifetime opportunity to create your dream retreat on a truly exceptional canvas. Open to all builders.
    99 days
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    773
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    44
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    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 12:47pm

    Listed by:

    Hans C Zinn 612-964-8111,

    Coldwell Banker Realty,

    Max C Zinn 612-281-7060

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6780836MLS Logo

    Facts & features

    Interior

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Fencing: Chain Link,Full,Wood
    • Has view: Yes
    • View description: Lake, South
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake View, Waterfront Num(27009100), Lake Acres(15)
    • Body of water: Wing
    Lot
    • Size: 2.15 Acres
    • Dimensions: 75 x 373 x 110 x 55 x 156 x 256 x 220 x 200
    • Features: Irregular Lot, Many Trees
    • Topography: High Ground,Hilly,Solar Oriented,Walkout,Wooded
    Details
    • Additional structures: Additional Garage, Barn(s)
    • Parcel number: tbd
    • Zoning description: Residential-Single Family

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Underground Utilities Connected, Water Connected, Cable Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities Available, Water Available, Underground Utilities

    Community & HOA

    Community
    • Subdivision: Wing Lake Terrace 4th
    HOA
    • Has HOA: No
    Location
    • Region: Minnetonka

    Financial & listing details

    • Tax assessed value: $362,700
    • Annual tax amount: $4,289
    • Date on market: 9/5/2025
    • Inclusions: Survey, Topographic Map, Torrens
    • Electric utility on property: Yes
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $6,861/mo

    Price history

    Price history
    DateEventPrice
    11/3/2025Price change$649,000-7.2%
    Source: NorthstarMLS as distributed by MLS GRID #6800553 Report a problem
    9/5/2025Price change$699,000-83.4%
    Source: NorthstarMLS as distributed by MLS GRID #6780836 Report a problem
    9/5/2025Listed for sale$4,200,000+484.1%
    Source: NorthstarMLS as distributed by MLS GRID #6780829 Report a problem
    8/29/2025Listing removed$719,000
    Source: NorthstarMLS as distributed by MLS GRID #6675447 Report a problem
    5/29/2025Price change$719,000-10.1%
    Source: NorthstarMLS as distributed by MLS GRID #6675447 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$4,289 +3.4%$362,700 +0.1%
    2024$4,147 +2.9%$362,200 +1.8%
    2023$4,029 +9.7%$355,800 +1.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 55345

    Nearby schools

    GreatSchools rating

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