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4532 Fairview Ave, Minnetonka, MN, 55343

$450,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6618590
StatusActive

About 4532 Fairview Ave

Rare One-Acre Wooded Lot in Prime Minnetonka Location Opportunities like this don’t come around often—a full one-acre, wooded lot in an exceptional Minnetonka location, just west of Hopkins. Nestled in a quiet, diverse neighborhood, the surrounding homes range from the mid-100s to well over a million, showcasing a variety of architectural styles. This lot was previously occupied by a small single-family home and is now ready for you and your builder to create the home of your dreams. All utilities are already available on-site, making it easy to begin construction right away. The land is ideal for a walkout lower level, opening up to an incredibly private, lushly wooded backyard. It offers the perfect blend of space, privacy, and proximity, being so close to downtown Hopkins, Ridgedale, major freeways, shopping, dining, and entertainment options. With award-winning Hopkins schools and several private options nearby, the area is ideal for young learners. You’ll also enjoy access to Minnetonka and Hopkins’ renowned parks and trails, with Shady Oak Lake and Park just a short walk, bike ride, or car trip away. The neighborhood is very amenable to walking, biking, or taking the pups out for a spin. Commuting is a breeze with the upcoming light rail access, making trips to both downtowns, the airport, and local amenities a convenient reality. Access to highways 169, 7, and 494 is just minutes away. Imagine starting your dream home THIS FALL and moving in by spring! This is a rare gem that won’t last long. Welcome home to Minnetonka!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Results

Other

Directions Information:

  • Directions: Excelsior Blvd west of Shady Oak Rd to Fairview and right to lot. (or) Baker Road to Excelsior Blvd and east to Fairview and left to lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $3,570
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

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Minnetonka, MN

City

Med. Sold Price

$494.3K

Med. Price/SqFt

$216

Avg. Days On Market

37

# of Sold Homes

38

4532 Fairview Ave vs Minnetonka

67 DAYS ON ROCKET

+30 Days

$450,000

-$44.3K Less

KEY TAKEAWAY

This property is $44.3K less than the Median Sold Price in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6618590

Listing Office:

  • Office Name: RE/MAX Results

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Property Sales & Tax

Listing History

Nov 04, 2009Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,570$236,000
2019$3,762$236,000
2018$3,319$210,000
2017$3,280$199,900

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-881820
7
/10

  • Glen Lake Elementary

  • 4801 Woodridge Rd

  • 1.15 miles

  • Public District Grades KG-6

school-card-donut-881821
2
/10

  • Eisenhower Elementary

  • 1001 Highway 7

  • 1.43 miles

  • Public District Grades KG-6

school-card-donut-881822
7
/10

  • Xinxing Academy

  • 1001 Highway 7

  • 1.43 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,507. The majority of Minnetonka, MN residents have income between $100k-200k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4532 Fairview Ave

What is the listing price of this property?

The listing price of 4532 Fairview Ave property is $450,000.

What type of property is this?

The property 4532 Fairview Ave is land located in Minnetonka, Minnesota, 55343.

Is this property for sale now?

Active Listing: 4532 Fairview Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,570 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 4, 2009 for $95,000. (source: MLS/tax record).
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Rocket Homes›Minnesota›Hennepin County›Minnetonka›55343›4532 Fairview Ave

This home is located at 4532 Fairview Ave in Minnetonka, MN and zip code 55343. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $450,000.

Minnetonka, MN housing market in November 2024 saw over 16 listings sold above listed price, more than 5 sold at listed price and over 17 sold below. In November 2024 in Minnetonka, MN there were 9.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 37 days, the median list price was $494,333.

From Rocket Homes Real Estate and based on county public records data.

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