5338 Highland Rd Minnetonka, MN 55345

$699,000
Active
estimated monthly payment
3 Beds  |  3 Baths  |  2,054 Sq Ft  |  Single Family  |  MLS # 6800553
  • Welcome to 5338 Highland Road!
    Welcome to 5338 Highland Road!
  • 2.15 acres high on a hill - full of nature and privacy
    2.15 acres high on a hill - full of nature and privacy
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  3
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  4
  • Seasonal views of Wing Lake
    Seasonal views of Wing Lake
  • View from home of circle driveway with two separate outbuildings/garages
    View from home of circle driveway with two separate outbuildings/garages
  • Single garage with studio above
    Single garage with studio above
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  8
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  9
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  10
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  11
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  12
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  13
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  14
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  15
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  16
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  17
  • 5338 Highland Rd, Minnetonka, MN 55345 Listing Photo  18

About The Listing

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. See Supplements for survey, aerial drone video, and additional information. Open to all builders.


Listing courtesy of Hans C Zinn, Coldwell Banker Realty
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: Single Family
Status: Active
Contingency Type: None
Year Built: 1939
MLS #: 6800553
Bedrooms: 3
Square Feet: 2,054
Bathrooms (Full): 2
Price Per Square Foot: $340
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 0
Garage Spaces: 3
Parking Description: Detached, Asphalt, Multiple Garages
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air, Window Unit(s)
Water: City Water/Connected
Heat Type: Boiler
Basement: Daylight/Lookout Windows, Full, Partially Finished, Walkout
Construction Description: Brick/Stone, Cedar, Wood Siding
Roof Description: Age Over 8 Years
Days On Market (Continuous): 3
Disability Features: None
Latest Update: 10/10/2025
List Date: 10/09/2025
Listing Agent ID: 502017027
Listing Office: Coldwell Banker Realty
Listing Office ID: 5148
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Number of Fireplaces: 1
Fence: Chain Link, Partial, Privacy, Wood
Lot Size: 2.15 Acres
Lot Features: Irregular Lot, Many Trees
View Description: Lake, South
Waterfront: Lake View
School District: Hopkins
Tax Year: 2025
Estimated Taxes: $4,289
Contingency Type: None
City: Minnetonka
Zip: 55345
County: Hennepin
Subdivision: Wing Lake Terrace 4th
State: MN

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Listing last updated: 10/10/25

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