$1,650,000
$1,900,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
20.78 Acres Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $1,650,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6342792
Annual Tax Amount $9,833
Tax Year 2023
Lot Size 20.780 Acres
Property Description
Amazing opportunity to own investment property for future development. The property currently has a large 2-story home (septic and well), 40x70 pole barn with large doors, tillable land, and beautiful wetlands. Nearly 22 acres of land, and all this minutes from parks, downtown Hamel, Highway 55 with shopping and restaurants. The property is in Wazyata Schools and is 15 minutes from downtown Minneapolis or Lake Minnetonka (downtown Wayzata). Ideal investment property with passive rental income (tillable land and rental home/building). The property is zoned Rural Residential Urban Reserve and Guided in the Comprehensive Plan for sewer and water with a development of a mix of multi-family and single family homes. This is an Estate Sale sold AS-IS, WHERE IS. Do not enter property without listing broker.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family,Residential-Single Family
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Cable Available, Natural Gas Available, Sewer Available, Phone Available
Building
Lot Description Corner Lot, Suitable for Horses, Tree Coverage - Light
Schools
School District Wayzata
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