A truly exceptional opportunity in one of the Lake Minnetonka area's most sought-after settings. Tucked behind a long, private, tree-lined driveway, 26750 Smithtown Road offers over 2 acres of beautifully wooded land surrounded by an established neighborhood of impressive luxury residences. With its privacy, mature landscape, desirable location and potential for future development, this is an extraordinary opportunity for builders, developers, investors or an owner looking to create a spectacular private estate. The property features an existing residence that may be renovated or repurposed, but the primary value is in the land and its exceptional redevelopment potential. The expansive parcel presents an exciting opportunity to explore the possibility of creating multiple luxury homesites, potentially including three or four lots, subject to city/county approval, zoning, subdivision requirements, utilities and all necessary due diligence. Existing public information also indicates utilities have been stubbed for two homes, adding further appeal for a buyer exploring redevelopment options. A beautiful canopy of mature, established trees creates an extraordinary sense of privacy and natural beauty rarely found in today's market. The long driveway provides a secluded arrival and separates the property from the road, creating the feeling of a private estate tucked within the neighborhood. Imagine multiple architecturally significant homes surrounded by towering trees, generous yards and the character.
Exceptional 2.02-acre redevelopment opportunity in Shorewood, surrounded by $1M+ homes and within walking distance of downtown Excelsior, Lake Minnetonka, and Minnewashta Elementary. Have you ever wanted a home with an extremely long driveway? This property has it! Property is being marketed primarily for land/development value. Potential subdivision opportunity is subject to Shorewood approval; buyer/buyer’s agent to independently verify all subdivision, zoning, setback, utility, and development requirements with the City. Existing home is in substantial disrepair and may be considered a teardown, although renovation may be possible. Property is currently served by private well and septic. City water and sewer are stubbed/available for connection, and electrical service is available. Ideal opportunity for builder, developer, or buyer seeking a private estate site in an established luxury neighborhood.
NORTHSTARMLS as Distributed by MLS Grid #7132152
Aug 29, 2026
Listed
$1,200,000
$749/sq ft
Aug 26, 2026
Coming Soon
$1,200,000
$749/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,291 (+7.8%)
2025
$3,980 (+2.2%)
2024
$3,896 (+22.7%)
2023
$3,176 (+4.0%)
2022
$3,055 (+16.7%)
2021
$2,619 (−5.7%)
2020
$2,777 (−0.1%)
2019
$2,780 (+1.5%)
2018
$2,740 (+0.9%)
2017
$2,716 (+6.9%)
2015
$2,540 (−11.1%)
2014
$2,856 (−7.0%)
2013
$3,072 (+1.7%)
2012
$3,020
Public record
Beds
3
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
2.02 Acres
Year renovated
1957
Finished Sq. Ft.
1,602
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,602
Year built
1957
Style
Single Family Residential
County
Hennepin County
APN
32 117 23 24 0031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 17, 2026.
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)
22
6
30
13
48
28
57
38
70
50
79
61
85
67
78
63
75
58
64
47
44
31
29
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Shorewood. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 26750 Smithtown Rd
$1,134,477
$66K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $360K to $1.5M.