2840 Mayflower, Minnetonka, MN 55305
New Listing
$550,000
Property Type:
Land
Lot Size (sq. ft.):
45,302
Status:
Active
Current Price:
$550,000
List Date:
7/20/2026
Last Modified:
7/20/2026
Overview
Description
...
(Read more)
Exceptional opportunity to secure a prime parcel in Minnetonka. Whether you're a builder searching for your next custom home site, a developer evaluating redevelopment potential, or an investor looking for long-term value, this property offers exceptional flexibility. The existing home is livable and presents the opportunity to generate rental income while exploring future development possibilities and completing any desired planning, design, or municipal approval process.
Surrounded by mature neighborhoods, quality homes, parks, trails, shopping, dining, and convenient access to major roadways, the location provides the ideal setting for future new construction. As available building sites become increasingly scarce in established communities, opportunities like this continue to grow in demand.
Bring your vision and unlock the potential of this unique property. Explore the possibilities for a custom home, luxury residence, or redevelopment project in an area where location, convenience, and long-term value come together. Buyers are encouraged to perform their own due diligence regarding zoning, building requirements, permitted uses, and future development opportunities.
Listing Details MLS# 7112244
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- No
- Waterfront YN
- Yes
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Lot Dimensions
- 414x110
- Acres
- 1.04
- Lake/Waterfront Name
- Unnamed Lake
- Assessment Pending
- No
- Association Fee
- 0
Property Features
Available Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Storm Sewer Connected; Underground Utilities Available; Water Available; Water Connected
Development Status:
Other
Improvements:
Paved Streets; Sidewalks; Storm Sewer
Land Inclusions:
Dock
Sellers Terms:
Cash; Conventional
Topography:
Sloped
Waterfront Type:
Lake Front; Pond; Lake View
Waterfront View:
North
Contract Information
- Contingency
- None
- Original List Price
- 550000
- ListPrice
- 550000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 2840
- Street Name
- Mayflower
- Postal City
- Minnetonka
- County
- Hennepin
- State
- MN
- Zip Code
- 55305
- Complex/Dev/Subdivision
- Ivy Park
Assessments
- Tax With Assessments
- 4862
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 22
- Section#
- 11
- Township#
- 117
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- LOT 009 BLOCK 001 IVY PARK SUBJECT TO ROAD
- Listing City
- Minnetonka
- Map Page
- 105
- Municipality
- Minnetonka
- School District
- Hopkins
- School District Phone
- 952-988-4000
- Zip Plus 4
- 3813
- Property ID Number
- tbd
- Tax Year
- 2026
- Tax Amount
- 4862
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Exceptional opportunity to secure a prime parcel in Minnetonka. Whether you're a builder searching for your next custom home site, a developer evaluating redevelopment potential, or an investor looking for long-term value, this property offers exceptional flexibility. The existing home is livable and presents the opportunity to generate rental income while exploring future development possibilities and completing any desired planning, design, or municipal approval process. Surrounded by mature neighborhoods, quality homes, parks, trails, shopping, dining, and convenient access to major roadways, the location provides the ideal setting for future new construction. As available building sites become increasingly scarce in established communities, opportunities like this continue to grow in demand. Bring your vision and unlock the potential of this unique property. Explore the possibilities for a custom home, luxury residence, or redevelopment project in an area where location, convenience, and long-term value come together. Buyers are encouraged to perform their own due diligence regarding zoning, building requirements, permitted uses, and future development opportunities.
- Directions
- Hwy 169 West on Cedar Lake Road North on Mayflower to Home
Development Status
- Other
- Yes
Insurance Fee
- Insurance Fee
- 0
Lake Details
- Lake Depth
- No
Restriction/Covenants
- Other
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Topography
- Sloped
- Yes
Waterfront Type
- Lake Front
- Yes
- Pond
- Yes
- Lake View
- Yes
Waterfront View
- North
- Yes
Available Utilities
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Available
- Yes
- Sewer Connected
- Yes
- Storm Sewer Available
- Yes
- Storm Sewer Connected
- Yes
- Underground Utilities Available
- Yes
- Water Available
- Yes
- Water Connected
- Yes
Improvements
- Paved Streets
- Yes
- Sidewalks
- Yes
- Storm Sewer
- Yes
Land Inclusions
- Dock
- Yes
Listing Office:
Compass
Last Updated: July - 20 - 2026
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