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$619,000
6 Days On Site

5338 Highland Rd
Minnetonka, MN 55345

For Sale|Single Family Residence|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,054
SqFt
$301
/SqFt
1939
Built
Subdivision:
Wing Lake Terrace 4th
County:
Hennepin
Listing courtesy of Coldwell Banker Realty

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5338 Highland Rd5338 Highland Rd5338 Highland Rd5338 Highland Rd
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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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Listing Snapshot
Price 
$619,000
Days On Site 
6 Days
Bedrooms 
3
Inside Area (SqFt) 
2,054 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
2.15 Acres
Year Built 
1939
MLS® Number 
7021365
Status 
Active
Property Tax 
$4,289
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
2.15
Garage 
Yes
Garage Spaces 
3
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AsphaltGarage
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
1892
SqFt Below 
162
Water Source 
Public
Zoning 
Residential-Single Family
Interior Features
Basement 
Walk-Out AccessFullPartially FinishedDaylight
Cooling 
Central AirWindow Unit(s)
Fireplace 
Yes
Fireplaces 
1
Heating 
ElectricNatural Gas
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Exterior Features
Exterior 
Balcony
Fencing 
Chain LinkPartialPrivacyWood
Lot Features 
WoodedIrregular Lot
Other Structures 
Garage(s)Other
Patio And Porch 
Deck
Road Frontage 
City Street
View 
Lake
Waterview 
Lake
Community Features
Roads 
Paved
School District 
Hopkins
Township 
Minnetonka
Schools
School District
Hopkins
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Realty



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-02-25 03:51 AM UTC

Neighborhood & Commute
Source: Walkscore
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