16865 Terrey Pine Drive, Eden Prairie, MN 55347

$995,000
Property Type: Land Lot Size (sq. ft.): 117,612 Status: Active
Current Price: $995,000 List Date: 5/08/2025 Last Modified: 4/12/2026

Overview

Description

Highly coveted acreage now available on Mitchell Lake! Fantastic opportunity to make your dreams come true whether it involves rehabbing the existing home (it has great bones!) or developing the 2.7 acres to accommodate lakefront Villas. Must see in person to appreciate the size, location and beauty of this expansive lot. With 360 feet of lakeshore frontage this is a rare opportunity!

Listing Details MLS# 6717901

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
360
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
360x337
Acres
2.7
Lake/Waterfront Name
Mitchell
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Development Status: Finished Lot(s) Improvements: Public Road Land Inclusions: Torrens Outbuildings: Barn(s) Property SubType: Acreage; Lake Property Road Frontage: City Street Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Gently Rolling Waterfront View: Lake

Contract Information

Contingency
Other
Original List Price
1300000
ListPrice
995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16865
Street Name
Terrey Pine
Street Suffix
Drive
Postal City
Eden Prairie
County
Hennepin
State
MN
Zip Code
55347

Additional Parcels Information

Property ID #2
S1711622210001

Assessments

Tax With Assessments
17468
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lake Details

Lake Acres
113
Lake Depth
19

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
16865
Section#
08
Township#
116

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
UNPLATTED 08 116 22 THAT PART OF THE W 362.75 FT OF THE E 490 FT OF THE S 1/4 OF THE SE 1/4 OF THE SW 1/4 LYING SLY OF PARCEL 212P AS SHOWN ON MN/DOT R/W PLAT NO 27-50
Listing City
Eden Prairie
Map Page
132
Municipality
Eden Prairie
School District
Eden Prairie
School District Phone
952-975-7000
DNR Lake ID#
27007000
DNR Lake Classification
Natural Environment
Property ID Number
0811622340002
Tax Year
2025
Tax Amount
17468
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Highly coveted acreage now available on Mitchell Lake! Fantastic opportunity to make your dreams come true whether it involves rehabbing the existing home (it has great bones!) or developing the 2.7 acres to accommodate lakefront Villas. Must see in person to appreciate the size, location and beauty of this expansive lot. With 360 feet of lakeshore frontage this is a rare opportunity!
Directions
Highway 5 to Eden Prairie Road, south to Terrey Pine Dr, west to home

Development Status

Finished Lot(s)
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes
Lake View
Yes

Outbuildings

Barn(s)
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Gently Rolling
Yes

Waterfront View

Lake
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Public Road
Yes

Land Inclusions

Torrens
Yes

Property SubType

Acreage
Yes
Lake Property
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: April - 12 - 2026
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