5338 Highland Rd

$649,000
Price
93,654 / 2.15
Lot Size / Acres

Description

Discover a rare gem – a sprawling 2+ acre estate offering unparalleled privacy and tranquility, now available for the first time in over 50 years. Nestled amidst mature trees and vibrant gardens teeming with wildlife, this south-facing building site boasts breathtaking elevated views, with nearby 15-acre Wing Lake and a serene ambiance. The existing home is a teardown, presenting a blank slate for your vision, complemented by two outbuildings: a 24x22 two-car garage and a charming 25x16 barn featuring...Discover a rare gem – a sprawling 2+ acre estate offering unparalleled privacy and tranquility, now available for the first time in over 50 years. Nestled amidst mature trees and vibrant gardens teeming with wildlife, this south-facing building site boasts breathtaking elevated views, with nearby 15-acre Wing Lake and a serene ambiance. The existing home is a teardown, presenting a blank slate for your vision, complemented by two outbuildings: a 24x22 two-car garage and a charming 25x16 barn featuring a second-floor studio. A long, private driveway ensures seclusion, while the convenient location places you just moments from premier shopping and dining, and within 20 minutes of both downtown and the international airport. As the saying goes, it’s always the land and never the bricks and mortar that determine its value – and this extraordinary parcel proves it. This is a once-in-a-lifetime opportunity to create your dream retreat on a truly exceptional canvas. Open to all builders.

Property Details for 5338 Highland Road

Subdivision Name
Wing Lake Terrace 4th
View
Lake, South
Waterfront Features
Lake View
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/03/2025 02:47 PM

Property Details for 5338 Highland Road

StatusActive
MLS #6780836
Days on Compass92
Taxes$4,289 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.15 AC
CountyHennepin County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 5338 Highland Road

Lot Size2.15 AC

Payment Calculator

$3,564 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,207

Property Taxes

$357

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5338 Highland Road

Summary
Location and General Information
  • City Name: Minnetonka
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Excelsior Blvd to North on Highland Rd to property.
  • Latitude: 44.906209
  • Longitude: -93.477058
  • Nbr of Acres: 15
  • Lake Chain: N
  • Lake Name: Recreational Development
  • PLAT: 0
  • Map Coordinate: 118-D3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minnetonka
  • City and Location Text: Minnetonka(MN)
  • Postal Code: 55345
  • State Or Province: MN
  • Public Survey Township: 117
  • Topography: High Ground,Hilly,Solar Oriented,Walkout,Wooded
  • Complex Name: Wing
  • Waterfront Footage: 27009100
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: tbd
  • Tax Annual Amount: $4,289.00
  • Tax Legal Description: LOT 003 BLOCK 001 WING LAKE TERRACE 4TH
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 4289.0000
School Information
  • High School District: 270 - Hopkins
  • School District Number: 270
  • School District Phone: 952-988-4000
Property
Lot Information
  • Lot Features: Irregular Lot, Many Trees, Underground Utilities
  • Lot Size Area: 2.15
  • Lot Size Dimensions: 75x373x110x55x156x256x220x200
  • Lot Size Units: Acres
  • Other Structures: Additional Garage, Barn(s)
  • Program Acres Total: 0.0000
  • Property Type: Land
Utilities
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Underground Utilities Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities Available, Water Available
Interior and Exterior Features
Exterior Features
  • Fencing: Chain Link, Full, Wood
  • Road Frontage Type: City Street, Paved Streets, Storm Sewer
  • Road Responsibility: Public Maintained Road

Property History for 5338 Highland Road

DateEvent & SourcePriceAppreciation
Nov 4, 2025

Off Market

NorthStar #6780829

Nov 3, 2025

Price Change

NorthStar #6780836

$649,000
Nov 3, 2025

Price Change

NorthStar #6800553

$649,000
Oct 9, 2025

Price Change

NorthStar #6800553

$699,000
Oct 9, 2025

Listed (Active)

NorthStar #6800553

Sep 5, 2025

Price Change

NorthStar #6780829

$4,200,000
Sep 5, 2025

Listed (Active)

NorthStar #6780829

Sep 5, 2025

Price Change

NorthStar #6780836

$699,000
Sep 5, 2025

Listed (Active)

NorthStar #6780836

Aug 29, 2025

Off Market

NorthStar #6675447

May 29, 2025

Price Change

NorthStar #6675447

$719,000
Apr 2, 2025

Listed (Active)

NorthStar #6675447

DateEvent & SourcePrice
11/04/2025

Off Market

NorthStar #6780829

11/03/2025

Price Change

NorthStar #6780836

$649,000
11/03/2025

Price Change

NorthStar #6800553

$649,000
10/09/2025

Price Change

NorthStar #6800553

$699,000
10/09/2025

Listed (Active)

NorthStar #6800553

09/05/2025

Price Change

NorthStar #6780829

$4,200,000
09/05/2025

Listed (Active)

NorthStar #6780829

09/05/2025

Price Change

NorthStar #6780836

$699,000
09/05/2025

Listed (Active)

NorthStar #6780836

08/29/2025

Off Market

NorthStar #6675447

05/29/2025

Price Change

NorthStar #6675447

$719,000
04/02/2025

Listed (Active)

NorthStar #6675447

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5338 Highland Road

Taxable ValueLand$259,600Additions$102,600Total$362,200
Tax Record2025$4,289 ($357 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtStories2Lot Size93,654 SqFtStyleSingle Family ResidenceYear Built1939Year Renovated1970ZoningR-1CountyHENNEPINAPN28-117-22-34-0026Fireplace TypeHas Fireplace

Schools near 5338 Highland Road

This home is within Hopkins Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 9
Public - 10 to 12
Public - K to 12
Rating
School
Distance
Glen Lake Elementary School
PublicPK to 6

Hopkins West Junior High School
Public6 to 9

Hopkins Senior High School
Public10 to 12

Senops
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5338 Highland Road is a 2.15 ac of land for sale in Minnetonka, MN 55345. This property was listed for sale on September 5, 2025 by Coldwell Banker Realty, it's currently listed at $649,000. This listing's school district is Hopkins Public School District. Nearby schools include Glen Lake Elementary School, Hopkins West Junior High School and Hopkins Senior High School. 5338 Highland Road is a 0-bed, 0-bath, 2.15 ac of land on a 93,654 sq. ft. / 2.15 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/06/2025 06:33 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.