Fantastic 23-acre estate or development opportunity in Minnetonka! Private setting with mature trees, wetlands, pond and spectacular views. Award winning Minnetonka schools including Deephaven Elementary!
Property is zoned R-1 (low density residential). Open to all builders and developers. Site includes a single family home and outbuilding but value is in the land. Fabulous location north of Hwy 7 and west
of Hwy 101. Close to schools, parks, shopping, restaurants and golf. Minutes to downtown Excelsior and
Wayzata.
Closed
$2,700,000
18116 Ridgewood Rd, Minnetonka, MN 55345
--beds
--baths
23.14Acres
Unimproved Land
Built in ----
23.14 Acres Lot
$-- Zestimate®
$--/sqft
$2,464 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,464/mo
Zestimate® history
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Owner options
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$2,464/mo
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Rent Zestimate®
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$14,047/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 15, 2024 at 07:03pm
Listed by:
Jim Schwarz 612-251-7201,
Lakes Sotheby's International
Bought with:
John E Parker
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6225903
Facts & features
Property
Features
- Fencing: Wood
- Waterfront features: Pond, Waterfront Num(999999999)
Lot
- Size: 23.14 Acres
- Dimensions: 654 x 1482 x 656 x 1608
- Features: Irregular Lot
- Topography: Rolling,Walkout
Details
- Additional structures: Pole Building
- Additional parcels included: 1911722430001
- Parcel number: 1911722420001
- Lease amount: $0
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Private Well Connected, Sewer Connected, Phone Connected, Water Connected, Cable Available, Natural Gas Available, Private Well Available, Sewer Available, Phone Available, Water Available
Community & neighborhood
Location
- Region: Minnetonka
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $2,700,000-9.8% |
Source:  NorthstarMLS as distributed by MLS GRID #6225903 Report a problem | ||
| 8/18/2023 | Pending sale | $2,995,000 |
Source: NorthstarMLS as distributed by MLS GRID #6225903 Report a problem | ||
| 10/6/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6225903 Report a problem | ||
| 6/24/2022 | Listed for sale | $2,995,000-4.9% |
Source: NorthstarMLS as distributed by MLS GRID #6225903 Report a problem | ||
| 3/3/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6140959 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,156 +36.6% | $2,400,000 +4.1% |
| 2023 | $24,275 +73.8% | $2,305,100 +2.5% |
| 2022 | $13,964 +0.9% | $2,248,500 +141.8% |
Find assessor info on the county website
Neighborhood: 55345
Nearby schools
GreatSchools rating
- 8/10Deephaven Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Minnetonka East Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.1 mi
- Minnesota
- Hennepin County
- Minnetonka
- 55345
- 18116 Ridgewood Rd