For Sale: Minnetonka MLS# 7123033
Active
NEW!
$725,000
Single Family: 1.5 Stories
3 br • 3 ba • Built 1939
2,851 sqft • 1.56 acres
Minnetonka schools
MLS# 7123033
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Bring your vision to this rare Wayzata opportunity. The property includes two adjacent parcels totaling just over 1.5 acres, along with access to an exclusive HOA with potential dock and beach access.
The existing 1939 home offers a great starting point for a buyer who wants to put in the work and create something special. For a young family or hands-on buyer, this is a chance to remodel over time and build the home you have always wanted, with plenty of space to enjoy the yard, entertain, and grow into the property.
For builders and investors, the value is in the land and location. Two parcels, more than 1.5 acres, and access to the lake lifestyle create a unique opportunity to renovate, rebuild, or explore future possibilities subject to city and HOA approvals.
This is the kind of property that gives you options. Improve what is here, create something new, or hold onto a rare piece of land in a highly desirable Wayzata location.
Two parcels, over 1.5 acres, dock and beach access, and plenty of potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Price per sq ft:
$254
Property Type:
Single Family
City:
Minnetonka
Garage Spaces:
3
County:
Hennepin
Year Built:
1939
State:
MN
Property Style:
1.5 Stories
Zip Code:
55391
Subdivision Name:
Woollums Add
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
2,851 ft2
Total Fireplaces:
2
Living Area:
2,851 ft2
Common Wall:
No
Appliances Included:
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Wall Oven
- Water Softener Owned
Fireplace Details:
- Family Room
- Living Room
Basement Details:
Finished
Exterior
Stories:
One and One Half
Garage Spaces:
3
Garage Size:
832 ft2
Air Conditioning:
Central Air
Foundation Size:
900 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached Garage
- Garage Door Opener
- Shared Driveway
Unit Amenities:
- Deck
- Hardwood Floors
- Hot Tub
- Natural Woodwork
- Sun Room
- Tile Floors
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
Road Frontage:
- Paved Streets
- State Road
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- Main Floor 3/4 Bath
- Main Floor Full Bath
- Upper Level 1/2 Bath
Dining/Kitchen:
- Breakfast Area
- Eat In Kitchen
- Living/Dining Room
| Upper Level | Size | Sq Ft |
|---|---|---|
| Office | 9 x 8 | 72 |
| Bedroom 2 | 13 x 12 | 156 |
| Bedroom 3 | 12 x 9 | 108 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 24 x 12 | 288 |
| Dining Room | 13 x 12 | 156 |
| Family Room | 19 x 14 | 266 |
| Bedroom | 12 x 12 | 144 |
| Informal Dining Room | 13 x 7 | 91 |
| Kitchen | 13 x 12 | 156 |
| Living Room | 13 x 12 | 156 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Amusement Room | 18 x 12 | 216 |
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.56
Geolocation:
44.944327, -93.501511
Lot Dimensions:
307 x 111 x 308 x 111
Addl Parcels:
1711722230057
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Heavy
Schools
School District:
276
District Phone:
9524015000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,863
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,863
Association Fee Required:
Yes
Association Fee:
$200
Association Fee Frequency:
Annually
Association Fee Includes:
Beach Access
Association Company:
Groveland Association
Association Company Number:
9528470011
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Real Broker, 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.