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$405,000

  • Sold
  • Closed
  • Lots/Land
  • 2.31 Acres
  • Updated 10 days ago
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Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront retreat. Within minutes to charming Downtown Excelsior, where you can explore charming boutiques, restaurants, coffee shops, grocery store, and Lake Minnetonka amenities. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail.

Full Property Details for 58Xx Ridge Rd

General

  • Sold For: $405,000
  • Taxes: $6,769 (2026)
  • Status: Closed
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7056501
  • Added to Site: 119 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 2

School Information

  • School District: 276 - Minnetonka
  • High School District: Minnetonka

Utilities

  • Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Available, Private Well Connected, Sewer Available, Sewer Connected

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 387
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $6,769.43
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: UNPLATTED 36 117 23 BEG AT NE COR OF NE 1/4 OF SW 1/4 TH WEST ASSUMED BEARING ALONG N LINE OF GOVT LOT 8 DIS 416.7 FT TH S 22 DEG 57 MIN W DIS 6.5 FT TH S 21 DEG 10 MIN E DIS 67.9 FT TH S 05 DEG 11 MIN W DIS 92.4 FT TH S 16 DEG 10 MIN W DIS 76.92 FT TH S 73 DEG 53 MIN E TO SHORELINE OF SILVER LAKE TH NELY ALONG SHORELINE TO ITS INTERSEC WITH N LINE OF GOVT LOT 8 TH W TO BEG
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Survey
  • Property ID: 3611723310014

Listed by Compass
Sold by Compass

Listing agents

— 58Xx Ridge Rd —

  • Compass

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 58Xx Ridge Rd

Date
Details
Price
Change
Source
8/07/2026
Sold
$405,000
-10%
MLS
6/29/2026
Price Reduced
$450,000
-10%
MLS
4/20/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass
Sold by Compass

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Price Reduced near 58Xx Ridge Rd

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4410 Manitou Rd, Tonka Bay, MN 55331 - Photo 1 Price Reduced
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Recent Sales near 58Xx Ridge Rd

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5815 Ridge Rd, Shorewood, MN 55331 - Photo 1 Sold
$405,000

5815 Ridge Rd  Shorewood, MN 55331

  • Single Family
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  • 3
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    Sq. Ft.
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93 Castle Ridge Ct  Chanhassen, MN 55317

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Listed by Keller Williams Realty Integrity
Sold by Keller Williams Realty Integrity

58Xx Ridge Road, Shorewood, MN 55331 (MLS# 7056501) is a Lots/Land property that was sold at $405,000 on August 07, 2026. Want to learn more about 58Xx Ridge Road? Do you have questions about finding other Lots/Land real estate for sale in Shorewood? You can browse all Shorewood real estate or contact a Coldwell Banker agent to request more information.