For Sale: Medina MLS# 6342792
Active Contingent
$1,900,000
Lot/Land: Lot/Land
20.78 acres
Wayzata schools
MLS# 6342792
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
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.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$1,900,000
Property Type:
Lot/Land
City:
Medina
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55391
Exterior
Out Buildings:
Pole Building
Road Responsibility:
Public Maintained Road
Road Frontage:
City Street
Lot & Land
Acres:
20.78
Geolocation:
45.02795, -93.523267
Inclusions:
Abstract
Lot Dimensions:
1390 x 904 x 1330 x 520
Minimum Lot Size:
0.25
Addl Parcels:
1311823410004
Restrictions:
None
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Corner Lot
- Suitable for Horses
- Tree Coverage - Light
Farm
Topography:
Rolling
Schools
School District:
284
District Phone:
763-745-5000
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$9,833
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,833
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Paved Streets
Available Utilities:
- Cable Available
- Cable Connected
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Phone Available
- Phone Connected
- Private Septic Connected
- Private Well Connected
- Sewer Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Recreate Real Estate LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.