$2,700,000
18116 Ridgewood Road
Minnetonka, MN 55391
MLS# 6225903
Status: Closed



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Property Description
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.

Details
Maps
Contract Information
Availability: Available
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2022-10-06
Contingency: None
Current Price: $2,700,000
Closed Date: 2023-09-15
Original List Price: 2995000
Sales Close Price: 2700000
ListPrice: 2995000
List Date: 2022-06-24
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Zoning: Residential-Single Family
Lot Dimensions: 654x1482x656x1608
Acres: 23.14
Power Company: Xcel Energy
Association Fee: 0
Assessment Pending: Unknown
Location, Tax and Other Information
AssocFeeYN: No
Listing City: Minnetonka
Map Page: 118
Municipality: Minnetonka
Rental License?: No
School District: Minnetonka
School District Phone: 952-401-5000
Map Coordinate Source: RETS
DNR Lake ID#: 999999999
Lake Chain: N
Zip Plus 4: 3648
Property ID Number: 1911722420001
Tax Year: 2022
Tax Amount: 14128
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: From Hwy 7, North on Hwy 101, Left on Ridgewood Road to property on Right.
Additional Parcels Information
Property ID #2: 1911722430001
Assessments
Assessment Balance: 0
Tax With Assessments: 14128
Builder Information
Builder Restrictions: Open
Development Status
Other: 1
Fencing
Wood: 1
Financing Terms
Cash: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Cable: 1
Satellite: 1
Lease Details
Land Leased: Not Applicable
Monthly Land Lease Amt: 0
Lot Description
Irregular Lot: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Outbuildings
Pole Building: 1
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 22
Section#: 19
Township#: 117
Restriction/Covenants
None: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Road Responsibility
Public Maintained Road: 1
Sellers Terms
Cash: 1
Conventional: 1
Topography
Rolling: 1
Walkout: 1
Available Utilities
Cable Available: 1
Cable Connected: 1
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Natural Gas Connected: 1
Phone Available: 1
Phone Connected: 1
Private Well Available: 1
Private Well Connected: 1
Sewer Available: 1
Sewer Connected: 1
Water Available: 1
Water Connected: 1
Improvements
Curbs: 1
Paved Streets: 1
Public Road: 1
Sidewalks: 1
Land Inclusions
Abstract: 1
Survey: 1
Property SubType
Acreage: 1
Development: 1
Residential Lot: 1
Surface Water
Pond: 1
Wetlands: 1
Location Tax and Other Information
House Number: 18116
Street Name: Ridgewood
Street Suffix: Road
Postal City: Minnetonka
County: Hennepin
State: MN
Zip Code: 55391
Property Features
Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Phone Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected; Water Available; Water Connected
Development Status: Other
Fencing: Wood
Financing Terms: Cash
Improvements: Curbs; Paved Streets; Public Road; Sidewalks
Internet Options: Cable; Satellite
Land Inclusions: Abstract; Survey
Lot Description: Irregular Lot; Tree Coverage - Medium
Outbuildings: Pole Building
Property SubType: Acreage; Development; Residential Lot
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional
Surface Water: Pond; Wetlands
Topography: Rolling; Walkout

IDX
Listing Office: Lakes Sotheby's International

Last Updated: June - 02 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.