Discover a rare gem – a sprawling 2+ acre estate offering unparalleled privacy and tranquility, now available for the first time in over 50 years. Nestled amidst mature trees and vibrant gardens teeming with wildlife, this south-facing building site boasts breathtaking elevated views, with nearby 15-acre Wing Lake and a serene ambiance. The existing home is a teardown, presenting a blank slate for your vision, complemented by two outbuildings: a 24x22 two-car garage and a charming 25x16 barn featuring a second-floor studio. A long, private driveway ensures seclusion, while the convenient location places you just moments from premier shopping and dining, and within 20 minutes of both downtown and the international airport. As the saying goes, it’s always the land and never the bricks and mortar that determine its value – and this extraordinary parcel proves it. This is a once-in-a-lifetime opportunity to create your dream retreat on a truly exceptional canvas. See Supplements for survey, aerial drone video, and additional information. Open to all builders.

Welcome to this standout property in the highly desirable Somerset Knolls neighborhood, nestled within the award-winning Minnetonka School District. Positioned on a generous .36-acre corner lot, this home delivers impressive space, versatility, and exceptional value—truly move-in ready. From the moment you arrive, you’ll appreciate the unique oversized two-car garage with attached breezeway, complete with its own fireplace. This rare flex space is perfect for hobbyists, creatives, or anyone seeking a cozy year-round retreat. Step inside to a bright and inviting main level. The spacious living room is anchored by a beautifully maintained wood-burning fireplace, updated inside and out with major professional repairs in 2024. Hardwood floors carry into the formal dining room, creating a warm setting for gatherings. The large kitchen offers abundant cabinet storage, an eat-in area, and convenient access to the fully fenced backyard—ideal for pets, play, and outdoor entertaining.
The upper level features three comfortable bedrooms and a full bath. The lower level adds tremendous functionality with a welcoming family room, an additional bedroom, and a second bathroom—perfect for guests or flexible living arrangements. A fourth-level bonus space provides endless possibilities: home gym, workshop, playroom, man cave, or extra storage. Thoughtful updates bring peace of mind, including a new electric panel with EV-ready capacity, updated electrical in multiple rooms, new carpet, and new refrigerator, dishwasher, washer, and dryer. The owners have also preserved the property’s mature white oaks, refreshed the upper-level bathroom grout to honor the home’s original character, and added a 12-foot cedar privacy fence for enhanced outdoor enjoyment.
The expansive lot opens the door to future additions, a pool, or new outdoor living spaces—all surrounded by beautiful tree coverage and frequent wildlife sightings. A rare opportunity in Somerset Knolls—space, character, and updates in a premier location.

This fantastic .23-acre lot, nestled in the heart of Deephaven Beach, offers an incredible opportunity for builders and homeowners alike. The neighborhood is transitioning from small summer cabins to multi-million-dollar homes. There are new million-dollar homes built on identical lots on the same street. Surrounded by mature trees, the lot provides a tranquil and private setting, while being ideally located between Deephaven Beach and the scenic Thorpe Park. The value is in the land. Current home is likely a teardown or major remodel needed. Take advantage of the best of both worlds – the peacefulness of a residential neighborhood, combined with proximity to the lake and outdoor recreation. Become a part of this classic lakeside neighborhood community located just minutes to shopping and dining in Wayzata and Excelsior. Situated in the highly sought-after Minnetonka School District, with Spanish Immersion available at neighborhood school Deephaven Elementary, this lot ensures access to top-rated educational opportunities. Whether you're looking to create your dream home or seeking a prime investment for new construction, this lot offers immense potential.