Ivy Park
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About this home
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.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Garage
- 2 spaces
- View
- North
- Waterfront
- Lake Front, Lake View, Pond
- Lot size
- 1.04 acres
- Lot dimensions
- 414x110
- Parcel #
- tbd
Construction
- Property type
- Land
- Year built
- 1983
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
Community & HOA
- Subdivision
- Ivy Park
- HOA
- No HOA
- School district
- 270 - Hopkins
- High school district
- Hopkins
Financial & listing details
- Annual tax
- $4,862 (2026)
- Listed
- Jul 20, 2026
- Days on market
- 70
- Inclusions
- Dock
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
2840 Mayflower, Minnetonka, MN, 55305
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
