18116 Ridgewood Road, Minnetonka, MN 55391 (MLS# 6225903)

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 YN
No
Zoning
Residential-Single Family
Lot Dimensions
654x1482x656x1608
Acres
23.14
Power Company
Xcel Energy
Assessment Pending
Unknown

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

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
19
Township#
117
IDX
Listing Office: Lakes Sotheby's International
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products