OFF MARKET

Off market sep 2025 for $390K

$505,865

Est. refi paymentEst. refi $2,688/mo

•

—

sq ft

24945 Smithtown Rd, Shorewood, MN 55331

About this home

Rare Duplex Opportunity in Highly Sought-After Shorewood! Don’t miss this exceptional investment or redevelopment opportunity just minutes from vibrant downtown Excelsior. Situated on a generous tree lined.83-acre lot, this side-by-side duplex features two units, each offering 2 bedrooms and 1 full bath—ideal for rental income, multi-generational living, or future new construction. This is a prime location with close proximity to Lake Minnetonka, Excelsior’s dining, shopping, parks, and top-tier Minnetonka schools—making it incredibly attractive to both tenants and future homeowners. Zoned for flexibility, this property offers rare potential to hold as an income property or build your dream home in a location where options like this rarely come up. Showings require 2 hour notice as property is tenant-occupied. This is the property you’ve been waiting for—an unbeatable location, generous lot, and future potential. Act fast!

Multi-familyProperty Type

1951Year Built

0.83 acresLot Size

4 spacesParking

Listed by Lawrence DePauw • Edina Realty, Inc.

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6769624

Redfin Estimate

$505,865

$116K since sold in September 2025$30K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.7% lower than the average sale price ($520K) of 6 comparable homes.

SOLD JUL 17, 2026
$460,000
A
4 beds2 baths— sq ft
700 80th St, Victoria, MN 55386
SOLD JUN 27, 2026
$550,000
B
4 beds3 baths— sq ft
2037 Boulder Rd, Chanhassen, MN 55317
SOLD JUL 22, 2026
$450,000
C
4 beds2 baths— sq ft
1417 Mcknight Cir, Victoria, MN 55386
SOLD MAY 29, 2026
$427,000
D
4 beds2 baths— sq ft
1355 81st St, Victoria, MN 55386
SOLD JUN 29, 2026
$780,000
E
4 beds3 baths— sq ft
35 Center St, Excelsior, MN 55331
SOLD FEB 26, 2026
$453,000
F
4 beds2 baths— sq ft
8064 Narcissus St, Victoria, MN 55386

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Earn from this home

Sell

$168,744

Est. take-home

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Refinance

Est. cash available

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Market trends in 55331, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.6% MoM

Median sale price

$855K

$28K MoM

Avg. days on market

29d

7 days MoM

Recently sold homes

112

8 MoM

New listings for sale

OPEN SUN, 10AM TO 11:30AM
$725,000
4 beds4 baths3,165 sq ft
26145 Oak Leaf Trl, Shorewood, MN 55331
NEW 18 HRS AGO
$1,549,862
3 beds3 baths3,787 sq ft
3961 White Oak Ln, Excelsior, MN 55331
NEW 22 HRS AGO
$579,900
4 beds3 baths2,612 sq ft
542 3rd Ave, Excelsior, MN 55331
OPEN TODAY, 12PM TO 3PM
$389,000
3 beds2 baths1,452 sq ft
5530 Wedgewood Dr, Shorewood, MN 55331
OPEN TODAY, 2PM TO 4PM
$1,499,700
2 beds2 baths2,236 sq ft
21957 Minnetonka Blvd #17, Greenwood, MN 55331
COMING SOON
$845,000
3 beds4 baths4,406 sq ft
4905 Regents Walk, Shorewood, MN 55331
OPEN SUN, 11AM TO 1PM
$455,000
3 beds2 baths1,760 sq ft
4955 Saint Albans Bay Rd, Shorewood, MN 55331
OPEN TODAY, 11AM TO 1PM
$585,000
4 beds4 baths2,852 sq ft
4280 Cottagewood Ct, Minnetrista, MN 55331
$334,900
3 beds3 baths1,158 sq ft
6917 Crosby Ct, Minnetrista, MN 55331
$450,000
3 beds3 baths2,484 sq ft
5690 Echo Rd, Shorewood, MN 55331
See all

Provided by Redfin

Sale history for 24945 Smithtown Rd

Tax history for 24945 Smithtown Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

107 ft.

Lot depth

315 ft.

Lot size

0.83 Acres

Year renovated

1960

Sq. Ft.

1,644

Year built

1951

Style

Other

County

Hennepin County

APN

33 117 23 24 0010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Gravel, Guest Parking, Shared Garage/Stall, Open

Interior

Bedroom Information
# of Bedrooms: 4

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Block, Daylight/Lookout Windows, Full, Storage Space, Sump Pump, Unfinished

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Construction Materials: Block, Frame
Foundation Area: 1,644
Roof: Age Over 8 Years, Asphalt

Exterior Features
Fencing: None

Pool Information
Pool Features: None

Property Information
Above Ground Total Sq. Ft.: 1,644
Below Ground Total Sq. Ft.: 1,644
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Side by Side
Above Grade Finished Area: 1,644

Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.83
Lot Size Units: Acres
Lot Size Dimensions: 36155 SF
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $4,353
Tax Year: 2025
Tax With Assessments: $4,353

Lease / Rent Details
Tenant Pays: All Utilities

Financial Information
Conventional

Utilities

Utility Information
Water Source: City Water/Connected, Well
Electric: Circuit Breakers, Fuses
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

Multi-Family Financial Information
Owner Pays: Grounds Care, HVAC Maintenance, Insurance, Repairs, Sewer, Snow Removal, Taxes

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 822
# of Rooms Total: 5
# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Cooktop, Dryer, Water Heater - Electric, Exhaust Fan/Hood, Range, Refrigerator, Washer
Parking: 4
Cooling System: Central
Amenities: Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 822
# of Rooms Total: 5
# of Bedrooms: 2
# of Bathrooms: 1
# of Full Bathrooms: 1
Appliances: Cooktop, Dryer, Water Heater - Electric, Exhaust Fan/Hood, Range, Refrigerator, Washer
Cooling System: Central
Amenities: Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup
# of Units: 1

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 9524015000

Location Information
Directions: County Road 19 to Smithtown
Map Coordinate: 117-C3
Topography: Level

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,644
Stories: 1.0
Lot Size: 0.83 acres
Style: Other
Year Built: 1951
Year Renovated: 1960
County: Hennepin County
APN: 33 117 23 24 0010

Home facts updated by county records on Oct 16, 2026

Other

Home Information
Living Area: 1644
Living Area Units: Square Feet
Main Level Finished Area: 1644
Building Area Total: 3288
Foundation Details: Block
Levels: One

Around this home

Schools

Minnewashta Elementary School

Public K-5 • Assigned • 0.9mi

9/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.2mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 4.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Shorewood, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$481,000 – $582,000

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New listings for sale in 55331

OPEN SUN, 10AM TO 11:30AM

$725,000

4 beds4 baths3,165 sq ft

26145 Oak Leaf Trl, Shorewood, MN 55331

NEW 18 HRS AGO

$1,549,862

3 beds3 baths3,787 sq ft

3961 White Oak Ln, Excelsior, MN 55331

NEW 22 HRS AGO

$579,900

4 beds3 baths2,612 sq ft

542 3rd Ave, Excelsior, MN 55331

OPEN TODAY, 12PM TO 3PM

$389,000

3 beds2 baths1,452 sq ft

5530 Wedgewood Dr, Shorewood, MN 55331

OPEN TODAY, 2PM TO 4PM

$1,499,700

2 beds2 baths2,236 sq ft

21957 Minnetonka Blvd #17, Greenwood, MN 55331

COMING SOON

$845,000

3 beds4 baths4,406 sq ft

4905 Regents Walk, Shorewood, MN 55331

OPEN SUN, 11AM TO 1PM

$455,000

3 beds2 baths1,760 sq ft

4955 Saint Albans Bay Rd, Shorewood, MN 55331

OPEN TODAY, 11AM TO 1PM

$585,000

4 beds4 baths2,852 sq ft

4280 Cottagewood Ct, Minnetrista, MN 55331

$334,900

3 beds3 baths1,158 sq ft

6917 Crosby Ct, Minnetrista, MN 55331

Home values near 24945 Smithtown Rd

Data from public records.

Address	Redfin Estimate
24930 Smithtown Rd, Shorewood, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$490,743
24905 Smithtown Rd, Shorewood, MN 2 Beds \| 1 Baths \| 1063 Sq. Ft.	$339,509

Address	Redfin Estimate
25040 Smithtown Rd, Shorewood, MN 2 Beds \| 1 Baths \| 728 Sq. Ft.	$383,997
25015 Smithtown Rd, Shorewood, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$556,316

Address	Redfin Estimate
24860 Smithtown Rd, Shorewood, MN 4 Beds \| 2 Baths \| - Sq. Ft.	—
25005 Smithtown Rd, Shorewood, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$602,808

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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