Builders and developers, take note of this rare Deephaven opportunity on 2.07 acres near Lake Minnetonka! This beautiful property offers an exceptional custom home build site in a highly desirable Lake Minnetonka area location. The existing home is considered a tear-down, creating the perfect setting to design and build your dream home. The lot is ideally situated for a tucked-away residence surrounded by mature trees and natural privacy. A large, detached outbuilding with a loft and walkout lower level remains on the property and offers potential for storage, hobbies, or workshop space. The lot cannot be subdivided. Enjoy close proximity to Lake Minnetonka, Deephaven Beach, downtown Excelsior, the Lake Minnetonka Regional Trail, and charming local shopping, dining, parks and schools. This is your chance to create a stunning custom home in one of the area’s most sought-after communities!