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.
Active
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
- 99 days |
- 773 |
- 44 |
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#: 6780836
Facts & features
Interior
Video & virtual tour
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
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Price change | $649,000-7.2% |
Source: | ||
| 9/5/2025 | Price change | $699,000-83.4% |
Source: | ||
| 9/5/2025 | Listed for sale | $4,200,000+484.1% |
Source: | ||
| 8/29/2025 | Listing removed | $719,000 |
Source: | ||
| 5/29/2025 | Price change | $719,000-10.1% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 55345
Nearby schools
GreatSchools rating
- 6/10Glen Lake Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Hopkins West Junior High SchoolGrades: 6-9Distance: 2.2 mi
- 8/10Hopkins Senior High SchoolGrades: 10-12Distance: 4.8 mi
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