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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$14,047/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
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
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Fencing: Wood
- Waterfront features: Pond
Lot
- Size: 23.14 Acres
- Dimensions: 654 x 1482 x 656 x 1608
- Features: Irregular Lot, Tree Coverage - Medium
- 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
- Electric: Power Company: Xcel Energy
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Well Available, Private Well Connected, Sewer Available, Sewer Connected, Phone Available, Phone Connected, Water Available, Water Connected
Community & neighborhood
Community
- Community features: No
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 | ||
| 1/10/2022 | Listed for sale | $3,150,000+270.6% |
Source: NorthstarMLS as distributed by MLS GRID #6140959 Report a problem | ||
| 5/9/2011 | Sold | $850,000 |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1659301 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% |
| 2021 | $13,836 -2.7% | $929,900 +0.5% |
| 2020 | $14,227 +2.8% | $925,300 +1.4% |
| 2019 | $13,836 -2.7% | $912,300 +2.3% |
| 2018 | $14,227 +1.2% | $892,200 +7.7% |
| 2017 | $14,057 +7.7% | $828,100 +7.2% |
| 2016 | $13,051 +7.6% | $772,700 -3.6% |
| 2015 | $12,124 -4.8% | $801,400 -4.8% |
| 2014 | $12,739 -2% | $841,900 +4% |
| 2013 | $12,999 +66.8% | $809,700 +49.6% |
| 2012 | $7,792 +4.5% | $541,200 -0.2% |
| 2011 | $7,460 +6.7% | $542,400 -2.4% |
| 2010 | $6,994 -2.3% | $555,800 -5.8% |
| 2009 | $7,158 +17% | $590,200 +16.9% |
| 2006 | $6,116 +9.4% | $504,800 +15% |
| 2005 | $5,588 +9.4% | $439,000 +15% |
| 2004 | $5,106 +5.3% | $381,800 +12% |
| 2002 | $4,849 -39.8% | $340,900 |
| 2001 | $8,053 | -- |
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