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1 Acre of Residential Land for Sale in Minnetonka, Minnesota

2840 Mayflower, Minnetonka, MN 55305

$550,000
1 acre
Active sale
ago
Est $4,113/mo

Exceptional opportunity to secure a prime parcel in Minnetonka. Whether you're a builder searching for your next custom home site, a developer evaluating redevelopment potential, or an investor looking for long-term value, this property offers exceptional flexibility. The existing home is livable and presents the opportunity to generate rental income while exploring future development possibilities and completing any desired planning, design, or municipal approval process. Surrounded by mature neighborhoods, quality homes, parks, trails, shopping, dining, and convenient access to major roadways, the location provides the ideal setting for future new construction. As available building sites become increasingly scarce in established communities, opportunities like this continue to grow in demand. Bring your vision and unlock the potential of this unique property. Explore the possibilities for a custom home, luxury residence, or redevelopment project in an area where location, convenience, and long-term value come together. Buyers are encouraged to perform their own due diligence regarding zoning, building requirements, permitted uses, and future development opportunities.

Location

Street address
2840 Mayflower
Zip code
55305
Community
Ivy Park
School district
Hopkins
Elevation
933 feet
Coordinates
44.9498, -93.4321

Directions

Hwy 169 West on Cedar Lake Road North on Mayflower to Home

Property details

Acreage
1.04 acres45,302 sq ft
Zoning
Residential-Single Family
MLS #
RMLS 7112244
Posted

Property taxes

2026
$4,862

Parcels

  • 1111722340047

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
July 20, 2026New listing$550,000RMLS
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This 1.04-acre property is located at 2840 Mayflower in Minnetonka, MN 55305. The land is available for sale, priced at $550,000 — $528,846 per acre.

Listed by Compass, (952) 213-1631

Checked 2 hours agoUpdated Source

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