2840 Mayflower,Minnetonka, MN 55305
Minnetonka, MN 55305
Description
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.
Details
| MLS # | 7112244 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 84 |
| Listing Provided By | Compass | Tyler R Thomas |
Features
| Garage | 2 |
|---|---|
| Zoning | Residential-Single Family |
| Acreage | 1.04 |
| Water Front | Yes |
| Property View | North |
Utilities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Storm Sewer Connected, Underground Utilities Available, Underground Utilities Connected, Water Available, Water Connected |
|---|
Taxes
| Property | 4862 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minnetonka |
| Zip Code | 55305 |
| Community Name | Ivy Park |
| School District | 270 |
| High School | Hopkins |
| Listing VS Median (in Ivy Park) | |
Price: $500,000 low | high Med: $500,000 On site: 84 low | high Med: 103 | |
Market Activity 55305
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 12, 2026 at 7:15:27 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minnetonka |
| Zip Code | 55305 |
| Community Name | Ivy Park |
| School District | 270 |
| High School | Hopkins |
| Listing VS Median (in Ivy Park) | |
Price: $500,000 low | high Med: $500,000 On site: 84 low | high Med: 103 | |
