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7112244

MLS 7112244 Lake Lot (Active)


$550,000

Minnetonka MN 55305

Exceptional opportunity to secure a prime parcel in Minnetonka. Whether you're a builder searching for your next custom home site, a developer evaluating redevelopment potential, or an investor looking for long-term value, this property offers exceptional flexibility. The existing home is livable and presents the opportunity to generate rental income while exploring future development possibilities and completing any desired planning, design, or municipal approval process. Surrounded by mature neighborhoods, quality homes, parks, trails, shopping, dining, and convenient access to major roadways, the location provides the ideal setting for future new construction. As available building sites become increasingly scarce in established communities, opportunities like this continue to grow in demand. Bring your vision and unlock the potential of this unique property. Explore the possibilities for a custom home, luxury residence, or redevelopment project in an area where location, convenience, and long-term value come together. Buyers are encouraged to perform their own due diligence regarding zoning, building requirements, permitted uses, and future development opportunities.

Additional Details

Acres: 1.04 Acres
Lot Dimensions: 414x110
Garage Spaces: 2
School District: 270
Subdivision: Ivy Park
County: Hennepin
Taxes: $4,862
Taxes With Assessments: $4,862
Tax Year: 2026

Waterfront Details

Water Body Name: Unnamed Lake
Waterfront Features: Lake Front, Lake View, Pond

Additional Features

Paved Streets, Sidewalks, Storm Sewer

Listing Status

Active
2026-07-20 00:35:45 Date Listed
2026-07-20 05:44:05 Last Update
2026-07-20 05:43:06 Last Photo Update
157 miles from our office

Contact Us About This Listing

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Listed By : Compass

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