58-xx Ridge Rd

100,623 / 2.31
Lot Size / Acres

Description

Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront...Build your dream home in the heart of Shorewood, Minnesota. This private, wooded 2.3-acre lot features 387 feet of frontage on Silver Lake. The property is perched on Ridge Road and surrounded by mature trees, an ideal setting for a spectacular estate. Located in the award-winning Minnetonka School District, this parcel offers the perfect balance of privacy and convenience. The existing structure is a three-bedroom, two-bathroom walkout rambler. Bring your own builder to design your private lakefront retreat. Within minutes to charming Downtown Excelsior, where you can explore charming boutiques, restaurants, coffee shops, grocery store, and Lake Minnetonka amenities. Explore miles of scenic trails along the Lake Minnetonka LRT Regional Trail. Please contact the Listing Agent for additional information on this exceptional opportunity.

Listing Agents

  1. Sarah Polovitz

    Sarah Polovitz

    Listing Agent

    Compass

  2. Al Anderson

    Al Anderson

    Alternative Listing Agent

    Compass

    al.anderson@compass.com

    P: (651)-802-0271

Property Details for 58-xx Ridge Road

View
Lake
Waterfront Features
Lake Front
Waterfront YN
Yes
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 04/20/2026 02:07 PM

Property Details for 58-xx Ridge Road

StatusActive
MLS #7056501
Days on Compass3
Taxes$6,769 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built1948
Lot Size2.31 AC
CountyHennepin County
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Building Information for 58-xx Ridge Road

Lot Size2.31 AC

Payment Calculator

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$3,082 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,518

Property Taxes

$564

HOA Dues

$0

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Property Information for 58-xx Ridge Road

Summary
Location and General Information
  • City Name: Shorewood
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Highway 7, south on Old Market Boulevard, east on Covington Road, left on Ridge Road.
  • Latitude: 44.898247
  • Longitude: -93.534342
  • Nbr of Acres: 73
  • Lake Name: Natural Environment
  • PLAT: 0
  • Map Coordinate: 118-A3
  • City and Location: Excelsior
  • City and Location Text: Excelsior(MN)
  • Postal Code: 55331
  • State Or Province: MN
  • Public Survey Township: 117
  • Waterfront Property YN: No
  • Topography: Sloped,Wooded
  • Water Body Name: Silver
  • Waterfront Footage: 27013600
  • Waterfront Frontage: 387
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3611723310014
  • Tax Annual Amount: $6,769.43
  • Tax Legal Description: UNPLATTED 36 117 23 BEG AT NE COR OF NE 1/4 OF SW 1/4 TH WEST ASSUMED BEARING ALONG N LINE OF GOVT LOT 8 DIS 416.7 FT TH S 22 DEG 57 MIN W DIS 6.5 FT TH S 21 DEG 10 MIN E DIS 67.9 FT TH S 05 DEG 11 MIN W DIS 92.4 FT TH S 16 DEG 10 MIN W DIS 76.92 FT TH S 73 DEG 53 MIN E TO SHORELINE OF SILVER LAKE TH NELY ALONG SHORELINE TO ITS INTERSEC WITH N LINE OF GOVT LOT 8 TH W TO BEG
  • Tax Other Annual Assessment Amount: $656.01
  • Tax Year: 2026
  • Tax With Assessments: 7425.44
School Information
  • High School District: 1246 - Minnetonka
  • School District Number: 1246
  • School District Phone: 9524015000
Property
Lot Information
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy
  • Lot Size Area: 2.31
  • Lot Size Dimensions: 242x467x375x286
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Available, Private Well Connected, Sewer Available, Sewer Connected
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: Paved Streets, Private Road
  • Road Responsibility: Private Maintained Road
Interior Features
  • Basement YN: No

Property History for 58-xx Ridge Road

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Price Change

NorthStar #7056501

$500,000
Apr 20, 2026

Listed (Active)

NorthStar #7056501

DateEvent & SourcePrice
04/20/2026

Price Change

NorthStar #7056501

$500,000
04/20/2026

Listed (Active)

NorthStar #7056501

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

Schools near 58-xx Ridge Road

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Excelsior Elementary School
PublicK to 5

Minnetonka West Middle School
Public6 to 8

Minnetonka Senior High School
Public9 to 12

Tonka Online K-5
PublicK to 5

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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58-xx Ridge Road is a 2.31 ac of land for sale in Shorewood, MN 55331. This property was listed for sale on April 20, 2026 by Compass, it's currently listed at $500,000. This listing's school district is Minnetonka Public School District. Nearby schools include Excelsior Elementary School, Minnetonka West Middle School and Minnetonka Senior High School. 58-xx Ridge Road is a 0-bed, 0-bath, 2.31 ac of land built in 1948 on a 100,623 sq. ft. / 2.31 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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, 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 04/20/2026 02:07 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.