Wing Lake Terrace 4th
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About this home
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. See Supplements for survey, aerial drone video, and additional information. Open to all builders.
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Bath breakdown
- 2 full / 1 half
- Heating
- Boiler
- Cooling
- Central Air, Window Unit(s)
- Basement
- Daylight/Lookout Windows, Full, Partially Finished, Walkout · 162 sqft finished
Property
- Levels / stories
- Two
- Garage
- 3 spaces · 944 sqft
- Parking features
- Detached, Asphalt, Multiple Garages
- Fencing
- Chain Link, Partial, Privacy, Wood
- Other structures
- Additional Garage, Other
- View
- Lake, South
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Construction materials
- Brick/Stone, Cedar, Wood Siding
- Foundation
- 946 sqft
- Roof
- Age Over 8 Years
- Year built
- 1939
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Community & HOA
- Subdivision
- Wing Lake Terrace 4th
- HOA
- No HOA
- School district
- Hopkins
Financial & listing details
- Annual tax
- $4,289 (2025)
- Tax with assessments
- 4289.0000
- Listed
- Oct 7, 2025
- Days on market
- 354 · 57 cumulative
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
5338 Highland Rd, Minnetonka, MN, 55345
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
