7071 Halstead Drive, Minnetrista, MN 55364

$1,695,000
4
BD
2
BA
1,142
SqFt
List Price
$1,695,000
Days on Market
47
MLS#
6247490
Status
PENDING
Type
Single Family Residential
Style
(SF) Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,142
Lot Size
101,059
Acres
2.32
Year Built
1973

Property Description

Located on historic Halstead Bay the headwaters of Lake Minnetonka, this rare 2.32-acre site is the ideal location for residential new construction. Featuring both direct lakeshore on Halstead's Bay and navigable channel shore the lakeside entertainment/dockage options are endless. The potential for a city-approved three-lot subdivision is likely but not guaranteed. There is a city-imposed five-year moratorium on disturbing the newly installed street on Halsteads Dr. Currently, there is one set of utilities available at the property, two additional sets of utilities could not be installed until the fall of 2025 when the five-year moratorium is over. The construction of a new home could take place at any time using the available utilities and the building pad could either leverage the entire site or placement with forward-thinking to the future subdivision. The value is in the land, the current dwelling located on the property has no value.

Additional Information

School District
Westonka
Tax Amount
$9,887
Tax Year
2022
Lake Waterfront
Channel Shore, Lake Front
Fuel
Natural Gas
Lake Waterfront Name
Minnetonka
Sewer
City Sewer/Connected
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
Walkout
Parking
Attached Garage
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass.

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