Residential Land in Wayzata
For Sale
$499,900
705 Hamel Road, Medina, MN 55340
Land, Medina, MN
Property SizeContact for details
Lot Size0.90 Acres
Days on Market104
Property Features for 705 Hamel Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential-Multi-Family
Subdivision
Auditors Sub 241
High school district
Wayzata
Directions
From 55: South on Pinto Dr, East on Hamel Rd, property 2 blocks on the right.
Standard status
Active
APN
1211823320001
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4981
Utilities
Utilities
Cable Available
Listing Agency:
Pro Flat Fee Realty LLC
(612) 998-1919
Listed By:
David B Hitchcock
(763) 257-9245
Added: May 29
Changed: Sep 4
Last Checked: Sep 9 at 4:06AM
MLS# 7083162
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.9-acre parcel of residential land presents an investment or development opportunity within the Wayzata school district. Zoned for residential multi-family use, the property allows for the construction of 4 to 7 units. Overlooking wetlands, this parcel offers an open builder option. Its location is near major roadways, groceries, parks, schools, restaurants, and coffee shops.
Key Highlights
- Prime location in the highly desirable Wayzata school district.
- Development opportunity for multi‑family units (4‑7 units).
- .90 acre parcel overlooking wetlands.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 55340, MN
8,988
Population
3,418
Households
2.6
Avg Household Size
39
Median Age
61%
College-Educated
96%
High-School Grad
35.6 sq mi
ZIP Area
252
Density / Sq Mi
$174,120
Median Household Income
$91,534
Median Earnings
$1,431
Median Rent
$607,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 0.9 acre residential land for multi-family development in Medina.
Where is this residential land & home lot located?
The property is located at 705 Hamel Road Medina, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime location in the highly desirable Wayzata school district.; Development opportunity for multi‑family units (4‑7 units).; .90 acre parcel overlooking wetlands.
