Investment or Development opportunity in Wayzata schools! Great open builder option for multi-family unit/s now available. 4-7 units. Bring your ideas or designs for this .90 acres parcel overlooking wetlands. Location is prime in the Wayzata school district, blocks from major roadways, and just minutes to groceries, parks, schools, restaurants, coffee and more. Dont miss out on this great opportunity!
Vacant landProperty Type
0.9 acresLot Size
$611,000Price/Acres
Listed by David Hitchcock• Pro Flat Fee Realty LLC
Plymouth-Wayzata, located between Lake Minnetonka and Medicine Lake, is a lakeside and suburban Plymouth neighborhood with wooded shorelines and polished retail pockets. The neighborhood’s character concentrates around the Wayzata Boulevard–Lake Street corridor, where marina slips, sidewalk patios, and small storefronts set a lake-town cadence. Wayzata Bar & Grill, 6Smith, and the Wayzata Depot anchor local routines with dining, gathering, and a touch of rail history. Housing ranges from mid-century ramblers to newer builds on curving, tree-lined streets. Trails and parks stitch together water views and everyday errands. The pace feels outdoors-forward, with boats, bikes, and café tables sharing the same calendar.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Curbs
Paved streets
Public-maintained road
High ground
Sloped terrain
Walkout topography
Home design
Raw land
Utilities
Cable, electricity, natural gas, sewer, phone, and water available
Utilities not connected
Sale and tax history for 705 Hamel Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7157217
Oct 8, 2026
Listed
$549,900
NORTHSTARMLS as Distributed by MLS Grid #7083162
Oct 1, 2026
Listing Removed
—
May 29, 2026
Listed
$499,900
NORTHSTARMLS as Distributed by MLS Grid #6730445
Oct 1, 2025
Listing Removed
—
Jun 3, 2025
Listed
$549,900
NORTHSTARMLS as Distributed by MLS Grid #6425244
Sep 1, 2024
Listing Removed
—
Apr 30, 2024
Price Changed
$549,900
Jan 1, 2024
Listing Removed
—
Aug 28, 2023
Listed
$599,900
NORTHSTARMLS as Distributed by MLS Grid #3522678
Aug 31, 2008
Listing Removed
—
Apr 2, 2008
Listed
$349,900
Public Records
Jun 14, 2007
Sold
$260,000
NORTHSTARMLS as Distributed by MLS Grid #3327257
May 14, 2007
Listing Removed
—
Feb 12, 2007
Listed
$299,900
NORTHSTARMLS as Distributed by MLS Grid #3257273
Feb 9, 2007
Listing Removed
—
Aug 24, 2006
Listed
$349,900
NORTHSTARMLS as Distributed by MLS Grid #3252115
Aug 22, 2006
Listing Removed
—
Aug 15, 2006
Listed
$385,000
NORTHSTARMLS as Distributed by MLS Grid #2354375
Mar 16, 2005
Listing Removed
—
Dec 5, 2004
Listed
$349,000
NORTHSTARMLS as Distributed by MLS Grid #2353758
Mar 16, 2005
Listing Removed
—
Dec 3, 2004
Listed
$349,900
NORTHSTARMLS as Distributed by MLS Grid #2353978
Dec 6, 2004
Listing Removed
—
Dec 3, 2004
Listed
$349,000
NORTHSTARMLS as Distributed by MLS Grid #2350458
Dec 2, 2004
Listing Removed
—
Nov 19, 2004
Listed
$349,000
NORTHSTARMLS as Distributed by MLS Grid #2350510
Dec 2, 2004
Listing Removed
—
Nov 19, 2004
Listed
$349,000
Public Records
Jul 14, 1999
Sold
$135,000
Public Records
Sep 15, 1989
Sold
$78,900
Year
Property tax
Land + Additions
Assessment*
2026
$4,980
$208,000
2025
$4,976 (+5.2%)
$211,200
2024
$4,730 (−3.5%)
$192,000
2018
$4,901 (−2.7%)
$136,000
2017
$5,038 (+242.8%)
$136,000
2015
$1,470 (−2.9%)
$96,000
2014
$1,514 (+10.8%)
$96,000
2013
$1,366 (−24.8%)
$88,000
2012
$1,816
$123,000
Public record
Beds
—
Baths
—
Stories
—
Lot width
125 ft.
Lot depth
348 ft.
Lot size
0.9 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Hennepin County
APN
12 118 23 32 0001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Medina, MN • 55340
Average low and high temperatures (°F)
22
5
30
13
48
28
57
38
70
49
78
60
85
66
78
62
75
57
64
46
44
31
28
13
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Medina. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 705 Hamel Rd
$549,782
$118 under list price of $550K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $105K to $730K.