222 Medina Road Wayzata, MN $ 1,900,000
222 Medina Road
$ 1,900,000
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222 Medina Road

Wayzata, MN, 55391
$ 1,900,000
Baths0.0

Monthly Estimate*

$ 13,272

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View a Virtual Tour
Studio

Lots and Land for sale in Wayzata, MN

for $1,900,000. The lot size is 20.78.

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.

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Lots and Land Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,833

Style

Lot Size

20.78

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

6342792

Features
General
Utilities Cable Connected Electricity Connected Natural Gas Connected Private Septic Connected Private Well Connected Phone Connected Cable Available Natural Gas Available Sewer Available Phone Available
Development Status Raw Land
HOA 0
Topography Rolling
Tax Year 2023
Additional Parcels Description 1311823410004
County Hennepin
Property Type Land
HOA / Comm Assn N
Contingency None
Other Structures Pole Building
Directions Highway 55 to County Road 101 South to Medina Road West to property
City Medina
Buyer Agent Compensation 2.50
High School District Wayzata
Zoning Description Residential-Multi-Family Residential-Single Family
Street Name Medina Road
Land Lease Y/N N
Tax Annual Amount 9833
Additional Parcels Y/N Y
Virtual Tour https://tours.spacecrafting.com/n-1tqg
Days on Market 366
Standard Status Active
Restrictions None
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Lot Features Corner Lot Suitable for Horses Tree Coverage - Light
Inclusions Abstract
Lot Size Area 20.78
Lot Dimensions 1390x904x1330x520
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 222
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* Excluded Features
List By
Recreate Real Estate Llc

Broker

rose@recreateluxuryhomes.com

Email

Affordability Calculator

$14,091
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,272
Monthly Property Taxes
$819
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$1,900,000 -52.49% Price Down
3/18/2024$3,999,000 Listed Price

Map


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222 Medina Road, Wayzata, MN, 55391 is a Lots and Land for sale at $1,900,000 with a lot size of 20.78. 222 Medina Road is a studio with 0.0 baths. The property's zip code is 55391 which is in Wayzata, MN