Rare redevelopment opportunity in the heart of coveted Minnetonka Beach with one of the area's most desirable advantages—eligible property owners have the opportunity to obtain a boat slip through the City of Minnetonka Beach, providing direct access to the Lake Minnetonka lifestyle without the premium lakeshore taxes and maintenance. Imagine spending your summers boating to dinner on the lake, cruising to Wayzata for ice cream, paddleboarding at sunrise, or enjoying endless days on the water with family and friends. Opportunities like this are exceptionally rare, especially on a walkout lot located within the highly sought-after village of Minnetonka Beach and the award-winning Orono School District. This is a Walk-Out Lot. Open to all builders, this property offers endless possibilities—build your dream home, create a custom luxury retreat, completely renovate the existing residence, or enjoy it as-is while planning your future vision. The value is truly in the land and the extraordinary lifestyle that comes with it. Minnetonka Beach is one of Lake Minnetonka's most coveted communities, known for its peaceful streets, strong sense of community, beautiful parks, nearby trails, marinas, yacht clubs, and unparalleled access to the lake. Most homes within the village are lakeshore properties, making this non-lakeshore opportunity especially unique. Conveniently located just 5 minutes west of Wayzata, less than 20 minutes from downtown Minneapolis, and under 10 minutes from the Orono school campus, this is a rare chance to create your legacy in one of Minnesota's most prestigious lake communities. Boat slips are available through the City of Minnetonka Beach for approved residents and property owners. Agent can also provide builder recommendations for buyers interested in creating a custom home on this exceptional property.