Sold
Last Sold Price
3 beds2,054 sqft$292/sqft
5338 Highland Rd, Minnetonka, MN 55345
Single FamilyProperty Type
2.15 acresLot Size
1939Year Built
$292/sq ftPrice per sq ft
3 carsParking Spaces

Description

Rarely does a property of this caliber become available: a pristine 2.15 acre south-facing estate site, offered for the first time in over five decades. Tucked within a canopy of mature hardwoods and lush, wildlife-filled gardens, this elevated parcel delivers sweeping, unobstructed views and an atmosphere of profound peace—enhanced by its proximity to the serene, private waters of 15-acre Wing Lake. The current residence is likely a teardown, clearing the way for your bespoke vision: craft a modern...Rarely does a property of this caliber become available: a pristine 2.15 acre south-facing estate site, offered for the first time in over five decades. Tucked within a canopy of mature hardwoods and lush, wildlife-filled gardens, this elevated parcel delivers sweeping, unobstructed views and an atmosphere of profound peace—enhanced by its proximity to the serene, private waters of 15-acre Wing Lake. The current residence is likely a teardown, clearing the way for your bespoke vision: craft a modern retreat, timeless estate, or family compound tailored precisely to your desires. Complementing the site are two valuable outbuildings—a 24x22 two-car garage and a delightful 25x16 barn with upper-level studio potential—ready to serve as workshop, guest quarters, or creative haven. A long, winding private driveway ensures seclusion while the location offers perfect balance: minutes from Minnetonka's premier shopping, dining, top-rated schools, and recreational amenities, yet only 20 minutes from downtown Minneapolis and MSP International Airport. In a market where exceptional land is increasingly scarce, this parcel stands out as the true asset—proving that value resides in the land itself. Open to all builders and dreamers alike. Schedule your private viewing today—opportunities this extraordinary are fleeting.
Listing closed: 04/03/2026 12:00 AM • Source: NorthStar, MLS#: 7021365

Location

Sold By Edina Realty, Inc.

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,407 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,050

Property Taxes

$357

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5338 Highland Road

Property Details
  • Taxes: $4,289 / year
  • MLS Type: Residential / Single Family
  • Subdivision Name: Wing Lake Terrace 4th
  • View: Lake, South
  • Waterfront Features: Lake View
  • Zoning Jurisdiction: Residential-Single Family
Building Information
  • Year Built: 1939
  • Lot Size: 2.15 AC / 93,654 SF
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 Name: Recreational Development
  • PLAT: 0
  • Map Coordinate: 118-D3
  • City and Location: Minnetonka
  • City and Location Text: Minnetonka(MN)
  • Postal Code: 55345
  • State Or Province: MN
  • Public Survey Township: 117
  • Waterfront Property YN: Yes
  • Water Body Name: Wing
  • Waterfront Footage: 27009100
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 2811722340026
  • 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
School Information
  • High School District: 1218 - Hopkins
  • School District Number: 1218
  • School District Phone: 9529884000
Property
Lot Information
  • Above Grade Fin SQFT: 1892.0
  • Below Grade Fin SQFT: 162.0
  • SQFT Total: 2054.0
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot, Tree Coverage - Heavy
  • Lot Size Area: 2.15
  • Lot Size Dimensions: irregular
  • Lot Size Units: Acres
  • Other Structures: Garage(s), Other
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 946
  • Building Area Total: 2538.0
  • Above Grade SqFt Total: 1892
  • Below Grade SqFt Total: 646
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Chain Link, Partial, Privacy, Wood
  • Foundation Area: 946.0
  • Fuel: Electric,Natural Gas
  • Road Frontage Type: City Street, Paved Streets
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years
Interior Features
  • Basement Type: Daylight/Lookout Windows, Full, Partially Finished, Walkout
  • Amenities Unit: Balcony,Deck,Main Floor Primary Bedroom
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air, Window Unit(s)
  • DP Resource: Yes
  • Garage Square Feet: 944
  • Heating: Boiler
  • Levels: Two
  • Basement YN: Yes

Property History for 5338 Highland Road

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Off Market

NorthStar #7021371

Apr 3, 2026

Sold

NorthStar #7021365

$600,000
Mar 30, 2026

Sold (Public Record)

Public Record #1936406173

$600,000
DateEvent & SourcePrice
04/06/2026

Off Market

NorthStar #7021371

04/03/2026

Sold

NorthStar #7021365

$600,000
03/30/2026

Sold (Public Record)

Public Record #1936406173

$600,000

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

Public Records for 5338 Highland Road

Taxable ValueLand$259,600Additions$103,100Total$362,700
Tax Record2025$4,517 ($376 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtStories2Lot Size93,654 SqFtStyleSingle Family ResidenceYear Built1939Year Renovated1970ZoningR-1CountyHENNEPINAPN28-117-22-34-0026

Schools near 5338 Highland Road

This home is within Hopkins Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Glen Lake Elementary School
PublicPK to 5

Hopkins West Junior High School
Public6 to 8

Hopkins Senior High School
Public9 to 12

Transition Plus
Public12

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.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information submitted to the MLS GRID as of 04/06/2026 03:36 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.