Back 24945 Smithtown Road
Off Market

24945 Smithtown Road

Shorewood MN 55331

3288 sq. ft.
0.83 ac.
Duplex
Last sold for $390,000
Lawrence DePauwLawrence DePauw, last sold this property on 04 September 2025 after 20 days on market.

Overview

Rare Duplex Opportunity in Highly Sought-After Shorewood! Don’t miss this exceptional investment or redevelopment opportunity just minutes from vibrant downtown Excelsior. Situated on a generous tree lined.83-acre lot, this side-by-side duplex features two units, each offering 2 bedrooms and 1 full bath—ideal for rental income, multi-generational living, or future new construction. This is a prime location with close proximity to Lake Minnetonka, Excelsior’s dining, shopping, parks, and top-tier Minnetonka schools—making it incredibly attractive to both tenants and future homeowners. Zoned for flexibility, this property offers rare potential to hold as an income property or build your dream home in a location where options like this rarely come up. Showings require 2 hour notice as property is tenant-occupied. This is the property you’ve been waiting for—an unbeatable location, generous lot, and future potential. Act fast!

Features

3288 sq. ft. floor area
0.83 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Shorewood over the last 12 months, the estimated median property value of 24945 Smithtown Road is $570.4k.

Median value
$570.4k
Estimated value range
$342k - $660k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shorewood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24945 Smithtown Road

2025
Sold
$390,000
04 Sep 2025 by Lawrence DePauw, of Edina Realty, Inc.

Happy sellers in Shorewood

92%
92% of sellers in Shorewood reported that their sale price either exceeded or met their price expectations.

Shorewood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Shorewood over the last 12 months.

Local market activity for duplexes in Shorewood

In the last 12 months, 4 duplexes similar to 24945 Smithtown Road, have been sold.

This represents a 100% decrease in duplexes sales when compared to the previous 12 months.

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