18965 Lake Ave Wayzata, MN 55391
Estimated payment $2,420/month
Highlights
- No HOA
- Deephaven Elementary School Rated A
- Many Trees
About This Lot
This fantastic .23-acre lot, nestled in the heart of Deephaven Beach, offers an incredible opportunity for builders and homeowners alike. The neighborhood is transitioning from small summer cabins to multi-million-dollar homes. There are new million-dollar homes built on identical lots on the same street. Surrounded by mature trees, the lot provides a tranquil and private setting, while being ideally located between Deephaven Beach and the scenic Thorpe Park. The value is in the land. Current home is likely a teardown or major remodel needed. Take advantage of the best of both worlds – the peacefulness of a residential neighborhood, combined with proximity to the lake and outdoor recreation. Become a part of this classic lakeside neighborhood community located just minutes to shopping and dining in Wayzata and Excelsior. Situated in the highly sought-after Minnetonka School District, with Spanish Immersion available at neighborhood school Deephaven Elementary, this lot ensures access to top-rated educational opportunities. Whether you're looking to create your dream home or seeking a prime investment for new construction, this lot offers immense potential.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,744
Lot Details
- Lot Dimensions are 50x200
- Many Trees
- Finished Lot(s)
Community Details
- No Home Owners Association
- Deephaven Park Sub 4 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,744 | $339,000 | $273,000 | $66,000 |
| 2023 | $3,465 | $328,300 | $203,000 | $125,300 |
| 2022 | $2,978 | $301,000 | $182,000 | $119,000 |
| 2021 | $2,747 | $253,000 | $141,000 | $112,000 |
| 2020 | $2,638 | $233,000 | $137,000 | $96,000 |
| 2019 | $2,441 | $215,000 | $133,000 | $82,000 |
| 2018 | $2,322 | $200,000 | $133,000 | $67,000 |
| 2017 | $2,434 | $197,000 | $133,000 | $64,000 |
| 2016 | $2,077 | $165,000 | $116,000 | $49,000 |
| 2015 | $1,852 | $146,000 | $105,000 | $41,000 |
| 2014 | -- | $131,000 | $91,000 | $40,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $399,900 | -- | $476 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $132,500 | -- | |
| Warranty Deed | $87,847 | -- |
Source: NorthstarMLS
MLS Number: 6814275
APN: 19-117-22-22-0044
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