18116 Ridgewood Road, Minnetonka, MN 55391

$2,700,000
Property Type: Land Lot Size (sq. ft.): 1,007,978 Status: Closed
Current Price: $2,700,000 List Date: 6/24/2022 Last Modified: 6/02/2025

Overview

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.

Listing Details MLS# 6225903

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
No
Waterfront Present
No
Zoning
Residential-Single Family
Lot Dimensions
654x1482x656x1608
Acres
23.14
Power Company
Xcel Energy
Assessment Pending
Unknown
Association Fee
0

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

Contract Information

Availability
Available
Off Market Date
2022-10-06
Contingency
None
Closed Date
2023-09-15
Original List Price
2995000
Sales Close Price
2700000
ListPrice
2995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
18116
Street Name
Ridgewood
Street Suffix
Road
Postal City
Minnetonka
County
Hennepin
State
MN
Zip Code
55391

Additional Parcels Information

Property ID #2
1911722430001

Assessments

Tax With Assessments
14128
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable
Monthly Land Lease Amt
0

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
19
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

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.

Development Status

Other
Yes

Fencing

Wood
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
Satellite
Yes

Lake/Waterfront

Pond
Yes

Lot Description

Irregular Lot
Yes
Tree Coverage - Medium
Yes

Outbuildings

Pole Building
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Rolling
Yes
Walkout
Yes

Available Utilities

Cable Available
Yes
Cable Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Phone Connected
Yes
Private Well Available
Yes
Private Well Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes
Sidewalks
Yes

Land Inclusions

Abstract
Yes
Survey
Yes

Property SubType

Acreage
Yes
Development
Yes
Residential Lot
Yes

Surface Water

Pond
Yes
Wetlands
Yes
Listing Office: Lakes Sotheby's International
IDX
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.