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$550,000
Est. payment /mo
1.04 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Ivy Park
MLS Listing ID 7112244
Year Built 1983
Annual Tax Amount $4,862
Tax Year 2026
Contingent None
Lot Size 1.040 Acres
Lot Dimensions 414x110
Property Description
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.
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.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Interior
Inclusions Dock
Fireplace No
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Storm Sewer Connected, Underground Utilities Available, Underground Utilities Connected, Water Available, Water Connected
Waterfront Description Lake Front,Lake View,Pond
View Y/N North
View North
Schools
School District Hopkins
Others
Restrictions Open
Read Less Info
Listed by Tyler Thomas • Compass
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