Lakeshore Land
For Sale
$750,000
4720 Lagoon Drive, Shorewood, MN 55364
Land, Shorewood, MN
Property SizeContact for details
Lot Size0.56 Acres
Days on Market221
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
Listed By:
Nancy F Ferrell Geng
(612) 275-3969
Added: Jan 29
Changed: Sep 4
Last Checked: Sep 7 at 1:06PM
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 within a lagoon on Lake Minnetonka at 4720 Lagoon Drive in Shorewood, Minnesota. The property offers shoreline access through the lagoon system and is situated on Enchanted Island, providing a waterfront setting with direct connection to the lake environment.
A current survey is included, with elevations and delineation approval provided for the property. Natural gas is available. The lagoon entrance opens toward the Howard Point and Wawatosa/Boyscout Island side of the island, connecting the parcel to the broader Lake Minnetonka waterfront.
A current survey is included, with elevations and delineation approval provided for the property. Natural gas is available. The lagoon entrance opens toward the Howard Point and Wawatosa/Boyscout Island side of the island, connecting the parcel to the broader Lake Minnetonka waterfront.
Key Highlights
- 0.56‑acre waterfront land parcel
- Lagoon access to Lake Minnetonka
- Located on Enchanted Island in Shorewood, MN
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 - Waterfront parcel with lagoon access to Lake Minnetonka and natural gas availability.
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; Lagoon access to Lake Minnetonka; Located on Enchanted Island in Shorewood, MN
