About 5338 Highland Rd
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.
Features of 5338 Highland Rd
| MLS® # | 6800553 |
|---|---|
| Price | $699,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,054 |
| Acres | 2.15 |
| Year Built | 1939 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Single Family Residence |
| Status | Active |
Community Information
| Address | 5338 Highland Rd |
|---|---|
| Subdivision | Wing Lake Terrace 4th |
| City | Minnetonka |
| County | Hennepin |
| State | MN |
| Zip Code | 55345 |
Amenities
| # of Garages | 3 |
|---|---|
| Garages | Detached, Asphalt, Multiple Garages |
| View | Lake, South |
| Is Waterfront | No |
| Waterfront | Lake View |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Cooling | Central Air, Window Unit(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
Exterior
| Lot Description | Irregular Lot, Many Trees |
|---|---|
| Roof | Age Over 8 Years |
| Construction | Brick/Stone, Cedar, Wood Siding |
School Information
| District | Hopkins |
|---|
Additional Information
| Days on Market | 4 |
|---|---|
| Zoning | Residential-Single Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $4,289 |
| Tax Year | 2025 |
Listing Details
| Office | Coldwell Banker Realty |
|---|