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.