26750 Smithtown Road, Excelsior, MN 55331 - MLS# 7132152
$1,200,000
A truly exceptional opportunity in one of the Lake Minnetonka area's most sought-after settings. Tucked behind a long, private, tree-lined driveway, 26750 Smithtown Road offers over 2 acres of beautifully wooded land surrounded by an established neighborhood of impressive luxury residences. With its privacy, mature landscape, desirable location and potential for future development, this is an extraordinary opportunity for builders, developers, investors or an owner looking to create a spectacular private
estate.
The property features an existing residence that may be renovated or repurposed, but the primary value is in the land and its exceptional redevelopment potential. The expansive parcel presents an exciting opportunity to explore the possibility of creating multiple luxury homesites, potentially including three or four lots, subject to city/county approval, zoning, subdivision requirements, utilities and all necessary due diligence. Existing public information also indicates utilities have been stubbed for two homes, adding further appeal for a buyer exploring redevelopment options.
A beautiful canopy of mature, established trees creates an extraordinary sense of privacy and natural beauty rarely found in today's market. The long driveway provides a secluded arrival and separates the property from the road, creating the feeling of a private estate tucked within the neighborhood. Imagine multiple architecturally significant homes surrounded by towering trees, generous yards and the character.
