Waterfront Lagoon
For Sale
$750,000
4720 Lagoon Drive, Shorewood, MN 55364
LAND - Shorewood, MN
Property SizeContact for details
Lot Size0.56 Acres
Days on Market203
Property Features for 4720 Lagoon Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential-Single Family
Subdivision
Auditors Sub 354
High school district
Westonka
Directions
CoRd 15 to Interlachen (CoRd 125) Left onto Tuxedo Blvd. Follow out to Enchanted Drive (over bridge onto Enchanted Island). Go approximately 1 mile, go right on Lagoon Dr.
Standard status
Active
APN
3011723310016
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4176
Utilities
Utilities
Natural Gas Available
Listing Agency:
Ferrell Real Estate Group Inc
(612) 275-3969
Listed By:
Nancy F Ferrell Geng
(612) 275-3969
Added: Jan 29
Changed: Aug 18
Last Checked: Aug 20 at 5:06PM
MLS# 7014617
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 0.56-acre waterfront land parcel is located at 4720 Lagoon Drive on Enchanted Island in Shorewood, Minnesota. The property sits within one of the island’s lagoons and has access to Lake Minnetonka through the lagoon system.
A current survey is provided with elevations and delineation approval. Natural gas is available, adding a documented utility option for future planning. The parcel is situated in Hennepin County and carries a 55364 postal designation.
A current survey is provided with elevations and delineation approval. Natural gas is available, adding a documented utility option for future planning. The parcel is situated in Hennepin County and carries a 55364 postal designation.
Key Highlights
- 0.56‑acre waterfront land parcel on Enchanted Island
- Lagoon access to Lake Minnetonka
- Located at 4720 Lagoon Drive, Shorewood, MN 55364
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 55364, MN
15,210
Population
6,740
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
98%
High-School Grad
15.2 sq mi
ZIP Area
1,001
Density / Sq Mi
$111,083
Median Household Income
$72,391
Median Earnings
$1,128
Median Rent
$411,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Lakeshore parcel with lagoon access to Lake Minnetonka and natural gas available.
Where is this waterfront land located?
The property is located at 4720 Lagoon Drive Shorewood, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.56‑acre waterfront land parcel on Enchanted Island; Lagoon access to Lake Minnetonka; Located at 4720 Lagoon Drive, Shorewood, MN 55364
