Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $6,769.43 (2026).

What school district is this property in?

This property is in the 276 - Minnetonka school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 81 days.

Sold / Closed

$405,000

Sold price · Closed Aug 7, 2026

58XX Ridge Road

58XX Ridge Road, Shorewood, MN, 55331

2.31 Acres

Days on market81

Year built1948

Garage spaces2

TypeLand

Est. $10,500buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeLand

Year built1948

Lot size2.31 acres (242x467x375x286)

Days on market81

ListedApr 20, 2026

MLS #NST7056501

CountyHennepin

Parcel #3611723310014

Facts & features

Interior

Bathrooms: 0

Property

Garage: 2 spaces
View: Lake
Waterfront: Lake Front
Lot size: 2.31 acres
Lot dimensions: 242x467x375x286
Lot features: Accessible Shoreline, Tree Coverage - Heavy

Construction

Property type: Land
Year built: 1948

Utilities

Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Available, Private Well Connected, Sewer Available, Sewer Connected

Community & HOA

HOA: No HOA
School district: 276 - Minnetonka
High school district: Minnetonka

Financial & listing details

Annual tax: $6,769.43 (2026)
Tax with assessments: 7425.44
Listed: Apr 20, 2026
Days on market: 81
Inclusions: Survey

Interior details

Total bathrooms0

Exterior & lot

Lot featuresAccessible Shoreline, Tree Coverage - Heavy

Road frontagePaved Streets, Private Road

Road responsibilityPrivate Maintained Road

ZoningResidential-Single Family

Utilities

Parking & garage

Garage spaces2

Financial details

Annual taxes$6,769.43

Tax year2026

Taxes w/ assessments7425.44

Assessment pendingYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District276 - Minnetonka

District number276

District phone9524015000

High schoolMinnetonka

SODL flat fee brokerage

$10,500Estimated buyer credit

SODL platform fee $3,000Your buyer credit $10,500

Buyer-side commission

3.0%

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

$3,079/mo

Principal & interest$2,365

Property taxes$564

Home insurance (est.)$150

Down payment

$90,000

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.