Pending
$619,000
$301/sqft

Wing Lake Terrace 4th

5338 Highland Rd, Minnetonka, MN, 55345
3  Bedrooms3  Bathrooms2,054  Square Feet2.15  Acres
Days on market10
Year built1939
Garage spaces3
TypeResidential
Est. $15,570buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1939
LevelsTwo
Living area2,054 sqft
Above-grade finished1,892 sqft
Below-grade finished162 sqft
Lot size2.15 acres (irregular)
Days on market10
ListedFeb 18, 2026
MLS #NST7021365
CountyHennepin
SubdivisionWing Lake Terrace 4th
Parcel #TBD

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 Garage, Asphalt, Multiple Garages
Fencing
Chain Link, Partial, Privacy, Wood
Other structures
Garage(s), Other
View
Lake, South

Construction

Property type
Residential
Property subtype
Single Family Residence
Foundation
946 sqft
Roof
Age Over 8 Years
Year built
1939

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Natural Gas

Community & HOA

Subdivision
Wing Lake Terrace 4th
HOA
No HOA
School district
Hopkins

Financial & listing details

Annual tax
$4,289 (2025)
Listed
Feb 18, 2026
Days on market
10
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths0
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Full, Partially Finished, Walkout
HeatingBoiler
CoolingCentral Air, Window Unit(s)
Fireplaces1
AmenitiesBalcony, Deck, Main Floor Primary Bedroom
AccessibilityNone
Special featuresMain Floor Primary, Main Floor Bedroom

Exterior & lot

RoofAge Over 8 Years
Foundation area946 sqft
Lot featuresIrregular Lot, Tree Coverage - Heavy
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Natural Gas

Parking & garage

ParkingDetached Garage, Asphalt, Multiple Garages
Garage spaces3
Garage size944 sqft

Financial details

Annual taxes$4,289
Tax year2025
Taxes w/ assessments4289
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1218
District phone9529884000
High schoolHopkins
SODL flat fee brokerage
$15,570Estimated buyer credit
SODL platform fee $3,000Your buyer credit $15,570

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

$3,817/mo
Principal & interest$3,253
Property taxes$357
Home insurance (est.)$206
%
$123,800
0%50%
Credit score
Loan term

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

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Listing information

MLS #NST7021365
StatusPending
Last updatedMar 13, 2026, 1:44 PM
Originally listedFeb 18, 2026, 11:35 AM
Listing officeColdwell Banker Realty
Co-listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.