7202 Shannon Drive, Minneapolis, MN 55439

$790,000
Property Type: Land Lot Size (sq. ft.): 53,143 Status: Closed
Current Price: $790,000 List Date: 11/22/2024 Last Modified: 6/13/2026

Overview

Description

1.22 acres in Prospect Hills is truly unique. In "Lots and Land" over the past five years, the median sold Edina lot has been 0.45 acres. Only eight lots have been greater than 1.22 acres. The large level lot is nestled into a tree filled neighborhood of luxury home builds. Within block are a dozen homes with assessed values ranging $2,000,000 to $5,100,00.

Listing Details MLS# 6634171

General Property Information

Comp Sale YN
No
Development
No
Drainage
Excellent
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
232x229
Acres
1.22
Assessment Pending
Unknown
Association Fee
0

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Phone Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Storm Sewer Connected; Water Available; Water Connected Development Status: Finished Lot(s) Farm Type: None Fencing: None Financing Terms: Conventional Improvements: Curbs; Paved Streets; Public Road; Storm Sewer Internet Options: Cable; Fiber Optic Land Inclusions: Torrens Lot Description: Corner Lot; Tree Coverage - Medium Property SubType: Residential Lot Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Adj. Rate/Gr Payment; Assumable; Cash; Conventional Surface Water: None Topography: Level

Contract Information

Off Market Date
2024-12-04
Contingency
None
Closed Date
2025-06-10
Original List Price
800000
Sales Close Price
790000
ListPrice
800000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7202
Street Name
Shannon Drive
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55439
Complex/Dev/Subdivision
Prospect Hills 2nd Add

Assessments

Tax With Assessments
11651
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#
21
Section#
08
Township#
116

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 003 BLOCK 003 PROSPECT HILLS 2ND ADDN
Listing City
Edina
Map Page
133
Municipality
Edina
School District
Edina
School District Phone
952-848-3900
Zip Plus 4
2631
Property ID Number
TBD
Tax Year
2024
Tax Amount
11651
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
1.22 acres in Prospect Hills is truly unique. In "Lots and Land" over the past five years, the median sold Edina lot has been 0.45 acres. Only eight lots have been greater than 1.22 acres. The large level lot is nestled into a tree filled neighborhood of luxury home builds. Within block are a dozen homes with assessed values ranging $2,000,000 to $5,100,00.
Directions
Hwy 169, E on Valley View Rd, E on Hilary Ln which becomes Dewey Hill Rd. Turn N on Shannon Dr, the fourth left/N after Gleason Rd. Home is on the left/west side of the street

Assumable Loan

Not Assumable
Yes

Development Status

Finished Lot(s)
Yes

Farm Type

None
Yes

Fencing

None
Yes

Financing Terms

Conventional
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
Fiber Optic
Yes

Lot Description

Corner Lot
Yes
Tree Coverage - Medium
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Assumable
Yes
Cash
Yes
Conventional
Yes

Topography

Level
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
Sewer Available
Yes
Sewer Connected
Yes
Storm Sewer Available
Yes
Storm Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes
Storm Sewer
Yes

Land Inclusions

Torrens
Yes

Property SubType

Residential Lot
Yes

Surface Water

None
Yes
IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: June - 13 - 2026
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.
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