222 Medina Road, Wayzata, MN 55391

$1,650,000

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Sold Price
$1,650,000
List Price
$1,900,000
Closing Date
May 31, 2024
MLS#
6342792
Status
CLOSED
Type
Land
Acres
20.78

Property Description

Amazing opportunity to own investment property for future development. The property currently has a large 2-story home (septic and well), 40x70 pole barn with large doors, tillable land, and beautiful wetlands. Nearly 22 acres of land, and all this minutes from parks, downtown Hamel, Highway 55 with shopping and restaurants. The property is in Wazyata Schools and is 15 minutes from downtown Minneapolis or Lake Minnetonka (downtown Wayzata). Ideal investment property with passive rental income (tillable land and rental home/building). The property is zoned Rural Residential Urban Reserve and Guided in the Comprehensive Plan for sewer and water with a development of a mix of multi-family and single family homes. This is an Estate Sale sold AS-IS, WHERE IS. Do not enter property without listing broker.

Additional Information

School District
Wayzata
Tax Year
2023
Restrictions
Open
Lot Description
Corner Lot, Suitable for Horses, Tree Coverage - Light
Topography
Rolling
Out Buildings
Pole Building

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Listing courtesy of Recreate Real Estate LLC.

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