Renovate or build your dream home in the heart of Shorewood, Minnesota. Nestled on a private, wooded 2.3-acre lot with 387 feet of frontage on Silver Lake, this exceptional property offers a rare opportunity to create a spectacular lakefront estate. Perched along scenic Ridge Road and surrounded by mature trees, the setting provides outstanding privacy and natural beauty. Located in the award-winning Minnetonka School District, the property includes an existing three-bedroom, two-bathroom walkout rambler, offering the flexibility to renovate or start fresh with the builder of your choice. Newer AC unit (2023), washer/dryer, and microwave. Well is in good working order, along with the Kinetico water system. Enjoy the perfect blend of tranquility and convenience, just minutes from charming Downtown Excelsior, where you'll find boutique shopping, restaurants, coffee shops, a grocery store, and the many amenities of Lake Minnetonka. Miles of walking and biking trails along the Lake Minnetonka LRT Regional Trail are also just moments away.
Est. $4,199 per month, based on comparable rentals
Sale and tax history for 5815 Ridge Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7102066
Aug 7, 2026
Sold
$405,000
Jul 10, 2026
Pending
—
Jun 30, 2026
Listed
$450,000
NORTHSTARMLS as Distributed by MLS Grid #4548914
Apr 9, 2015
Sold
$360,000
Mar 13, 2015
Pending
—
Feb 27, 2015
Price Changed
$389,500
Jan 2, 2015
Listing Removed
—
Dec 11, 2014
Listed
$359,000
+13
Opportunity to create great value on a spectacular setting on Silver Lake. Solid walkout rambler on a heavily wooded and extremely private 2.3 acres. Perfect for the buyer who wants a project with huge upside value. Million-dollar area with Tonka schls.
LSAR #2260821
Apr 9, 2015
Sold
$360,000
Dec 11, 2014
Listed
$389,500
RASM #4701983
Apr 9, 2015
Sold
$360,000
Dec 11, 2014
Listed
$389,500
+13
Opportunity to create great value on a spectacular setting on Silver Lake. Solid walkout rambler on a heavily wooded and extremely private 2.3 acres. Perfect for the buyer who wants a project with huge upside value. Million-dollar area with Tonka schls.
NORTHSTARMLS as Distributed by MLS Grid #4538021
Dec 11, 2014
Listing Removed
—
Oct 17, 2014
Listed
$389,500
NORTHSTARMLS as Distributed by MLS Grid #4499202
Oct 17, 2014
Listing Removed
—
Sep 30, 2014
Price Changed
$389,000
Jul 11, 2014
Price Changed
$400,000
Jun 27, 2014
Listed
$425,000
NORTHSTARMLS as Distributed by MLS Grid #4486456
Jun 26, 2014
Listing Removed
—
May 30, 2014
Listed
$425,000
NORTHSTARMLS as Distributed by MLS Grid #4442962
Mar 15, 2014
Listing Removed
—
Jan 27, 2014
Listed
$500,000
NORTHSTARMLS as Distributed by MLS Grid #4432757
Jan 27, 2014
Listing Removed
—
Nov 27, 2013
Listed
$450,000
Public Records
Jul 18, 2002
Sold
$373,450
NORTHSTARMLS as Distributed by MLS Grid #2003212
May 31, 2002
Sold
$373,450
Jan 29, 2002
Listing Removed
—
Jan 9, 2002
Listed
$384,900
NORTHSTARMLS as Distributed by MLS Grid #1620251
Jan 8, 2002
Listing Removed
—
Sep 17, 2001
Listed
$399,000
Public Records
Oct 10, 1995
Sold
$235,000
NORTHSTARMLS as Distributed by MLS Grid #1120238
Jun 28, 1995
Sold
$235,000
May 16, 1995
Listing Removed
—
May 8, 1995
Listed
$250,000
NORTHSTARMLS as Distributed by MLS Grid #1104951
May 16, 1995
Listing Removed
—
Mar 2, 1995
Listed
$249,900
Public Records
Apr 24, 1990
Sold
$167,320
Year
Property tax
Land + Additions
Assessment*
2026
$7,425 (+18.9%)
$533,000 + $20,000
$553,000
2025
$6,245 (+15.4%)
$506,500 + $20,000
$526,500
2024
$5,414 (+4.8%)
$461,100 + $20,000
$481,100
2023
$5,167 (+11.4%)
$433,000 + $20,000
$453,000
2022
$4,640 (−0.9%)
2021
$4,683 (−4.8%)
2020
$4,917 (+9.7%)
2019
$4,481 (−0.7%)
2018
$4,514 (−6.2%)
2017
$4,812 (−6.5%)
2015
$5,149 (−7.5%)
$280,000 + $87,000
$367,000
2014
$5,567 (+2.6%)
$304,000 + $76,000
$380,000
2013
$5,428 (−1.2%)
$304,000 + $79,000
$383,000
2012
$5,494
$320,000 + $88,000
$408,000
Public record
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
2.31 Acres
Year renovated
1970
Sq. Ft.
2,491
Year built
1948
Style
Single Family Residential
County
Hennepin County
APN
36 117 23 31 0014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
Property details
Parking
Parking Information
Parking Features: Asphalt, Garage Door Opener
Garage Spaces: 2
Garage Sq. Ft.: 484
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
Description: Full Basement,Main Floor Full Bath,Separate Tub & Shower
Room 1 Information
Room Type: Dining Room
Room Dimensions: 14x12
Room Level: Main
Room 2 Information
Room Type: Family Room
Room Dimensions: 18x13
Room Level: Main
Room 3 Information
Room Type: Family Room
Room Dimensions: 17x15
Room Level: Lower
Room 4 Information
Room Type: Bedroom
Room Dimensions: 21x12
Room Level: Main
Room 5 Information
Room Type: Kitchen
Room Dimensions: 16x12
Room Level: Main
Room 6 Information
Room Type: Living Room
Room Dimensions: 21x12
Room Level: Main
Room 7 Information
Room Type: Bedroom 2
Room Dimensions: 21x14
Room Level: Lower
Room 8 Information
Room Type: Bedroom 3
Room Dimensions: 16x12
Room Level: Lower
Laundry Room Information
Laundry Features: Lower Level
Basement Information
Has Basement
Basement Features: Finished, Full, Walkout
Dining Room Information
Dining Room Features: Breakfast Area,Eat In Kitchen,Living/Dining Room,Separate/Formal Dining Room
Other Rooms Information
Main Floor Bedroom
Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Family Room, Living Room
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air
Interior Features
Appliances: Dishwasher, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Washer