Listed at
$3,950,000

331 Park Avenue

331 Park Avenue, Mahtomedi, MN, 55115
0.71  Acres
Days on market626
Year built2025
ParkingAttached Garage
TypeResidential
Est. $115,500buyer credit when you buy with SODL
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About this home

Finding the legacy property of your dreams is a once-in-a-lifetime opportunity ... and here it is! This lot is cleared and ready for plans to create your own urban retreat (photos are to help you start dreaming) just steps from downtown Mahtomedi. With 82.5' of level frontage facing westerly sunsets, you can literally walk into town for coffee or dinner, stroll to the local market, boat to dinner, bike on gorgeous trails, or golf at nearby award-winning courses. This is an "open build/design," meaning you can bring your dreams and create what you want. This location not only boasts a highly acclaimed school district, but also a quiet street that is home to many other freshly built, upper-bracket homes. Lakeside bonfires and lifetime memories are here-carpe diem!

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built2025
LevelsOne
Living area0 sqft
Above-grade finished0 sqft
Below-grade finished0 sqft
Lot size0.71 acres (82.5x375)
Days on market626
ListedJan 10, 2025
New constructionYes
MLS #NST6647820
CountyWashington
Parcel #29030212360060

Facts & features

Interior

Bathrooms
0
Heating
Forced Air
Cooling
Central Air
Basement
Full · 0 sqft finished
Living area
0 sqft
Above-grade finished
0 sqft

Property

Levels / stories
One
Parking features
Attached Garage
View
Lake, Panoramic, West
Waterfront
White Bear · Dock, Lake Front
Lot size
0.71 acres
Lot dimensions
82.5x375

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Fiber Cement
Foundation
1 sqft
New construction
Yes
Year built
2025

Utilities

Water
City Water - In Street
Sewer
City Sewer - In Street

Community & HOA

HOA
No HOA
School district
Mahtomedi

Financial & listing details

Annual tax
$18,500 (2024)
Tax with assessments
18500.0000
Listed
Jan 10, 2025
Days on market
626 · 10 cumulative

Interior details

Total bathrooms0
Full baths0
3/4 baths0
Half baths0
1/4 baths0
BasementFull
HeatingForced Air
CoolingCentral Air
AccessibilityNone

Exterior & lot

Foundation area1 sqft
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street
SewerCity Sewer - In Street

Parking & garage

ParkingAttached Garage
Garage spaces0

Financial details

Annual taxes$18,500
Tax year2024
Taxes w/ assessments18500.0000
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number832
District phone651-407-2001
High schoolMahtomedi
SODL flat fee brokerage
$115,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $115,500

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

$23,617/mo
Principal & interest$20,759
Property taxes$1,542
Home insurance (est.)$1,317
%
$790,000
0%50%
Credit score
Loan term

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

331 Park Avenue, Mahtomedi, MN, 55115

Listing information

MLS #NST6647820
StatusActive
Last updatedJan 22, 2025, 2:18 AM
Originally listedJan 10, 2025, 10:35 PM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.