24945 Smithtown Road Shorewood, MN 55331

$400,000
Active
estimated monthly payment
1,644 Sq Ft  |  Duplex  |  MLS # 6769624
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About The Listing

Rare Duplex Opportunity in Highly Sought-After Shorewood!
Don’t miss this exceptional investment or redevelopment opportunity just minutes from vibrant downtown Excelsior. Situated on a generous tree lined.83-acre lot, this side-by-side duplex features two units, each offering 2 bedrooms and 1 full bath—ideal for rental income, multi-generational living, or future new construction.

This is a prime location with close proximity to Lake Minnetonka, Excelsior’s dining, shopping, parks, and top-tier Minnetonka schools—making it incredibly attractive to both tenants and future homeowners. Zoned for flexibility, this property offers rare potential to hold as an income property or build your dream home in a location where options like this rarely come up.

Showings require 2 hour notice as property is tenant-occupied.

This is the property you’ve been waiting for—an unbeatable location, generous lot, and future potential. Act fast!


Listing courtesy of Lawrence DePauw, Edina Realty, Inc.
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1951
MLS #: 6769624
Square Feet: 1,644
Price Per Square Foot: $243
Garage Spaces: 0
Parking Description: Gravel, Guest Parking, Shared Garage/Stall, Open
Sewer Description: City Sewer/Connected
Water: City Water/Connected, Well
Heat Type: Forced Air
Basement: Block, Daylight/Lookout Windows, Full, Storage Space, Sump Basket, Sump Pump, Unfinished
Construction Description: Fiber Cement
Roof Description: Age Over 8 Years, Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 08/15/2025
List Date: 08/15/2025
Listing Agent ID: 502050011
Listing Office: Edina Realty, Inc.
Listing Office ID: 5011
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: None
Lot Dimensions: 36155 SF
Lot Size: 0.83 Acres
Lot Features: Many Trees
School District: Minnetonka
Tax Year: 2025
Estimated Taxes: $4,353
Contingency Type: None
City: Shorewood
Zip: 55331
County: Hennepin
State: MN

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Listing last updated: 08/15/25

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