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Shorewood Land Near Lake Minnetonka
For Sale
$599,500

24695 Glen Road, Excelsior, MN 55331

Land, Excelsior, MN

Property SizeContact for details
Lot Size1.81 Acres
Days on Market101

Property Features for 24695 Glen Road

General Information

Property type Land
Property subtype Other
Zoning description Residential-Single Family
Subdivision Manitou Glen
Lot features Tree Coverage - Heavy
High school district Minnetonka
Directions 19 to Glen Rd
Standard status Active
APN 3311723120025
Lot size 1.81 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8724

Utilities

Utilities Cable Available
Listing Agency: eXp Realty
Listed By: Desrochers Realty Group
Added: May 11 Changed: Aug 19 Last Checked: Aug 19 at 11:06PM
MLS# 7071235

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.8-acre property, located in Shorewood, Minnesota, offers flexibility and investment potential. The level lot is fully fenced and situated minutes from the Lake Minnetonka LRT Trail and downtown Excelsior. The lot can be split into two lots through a Minor Subdivision, offering the opportunity to build a custom home on a large estate or develop two individual residences. The property is located within the Minnetonka School District and is near local dining, boutique shopping, and year-round community events.

Key Highlights

  • Divisible 1.8‑acre lot offers development potential for two residences.
  • Prime location minutes from Lake Minnetonka LRT Trail and downtown Excelsior.
  • Located within the highly rated Minnetonka School District.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm HVAC Service Locksmith Bakery (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

Demographics for 55331, MN

19,568
Population
8,275
Households
2.4
Avg Household Size
46
Median Age
71%
College-Educated
99%
High-School Grad
16.3 sq mi
ZIP Area
1,200
Density / Sq Mi
$160,029
Median Household Income
$75,771
Median Earnings
$1,208
Median Rent
$707,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 1.8-acre lot near Lake Minnetonka and downtown Excelsior.
Where is this land located?
The property is located at 24695 Glen Road Excelsior, MN.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Divisible 1.8‑acre lot offers development potential for two residences.; Prime location minutes from Lake Minnetonka LRT Trail and downtown Excelsior.; Located within the highly rated Minnetonka School District.
More about this property
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