Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6518 Peaceful Lane Chanhassen, MN 55317

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    Pending
    $475,000

    Lots & Land - Chanhassen, MN

    Lot size:
    0.64 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 29 at 3:06 am

    Property Features for 6518 Peaceful Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential-Single Family
    Standard status
    Pending
    APN
    256290200
    Lot size
    0.64 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    1580
    Expense value
    357
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    The Holmers Group

    Listing agent The Holmers Group

    Listing office Keller Williams Premier Realty Lake Minnetonka 13100 Wayzata Blvd. #400, Wayzata, MN

    Listing date Apr 28, 2026

    MLS# 7063466 Listing URL

    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.

    Overview

    Residential Lots in Exclusive Neighborhood

    This residential property is part of an exclusive neighborhood featuring a collection of residences. The development includes custom single-family homes and villa homes. Situated near downtown Excelsior, the location offers access to local shops, dining, and events. Homesites are available up to one acre, providing space for outdoor amenities. The neighborhood is located within the Minnetonka Public Schools district. The development offers a mix of custom homes and low-maintenance villa options, with architecture, finishes, and craftsmanship.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chanhassen
    County
    Carver
    State
    Minnesota
    Longitude
    -93.5479415
    Latitude
    44.8862344

    Nearby Similar for Sale

    • $850,000

      Residential Land with Existing Home

      2.5 acre lot with home in Chanhassen, Minnesota.
      9820 Deerbrook Dr, Chanhassen, MN 55317
      View Details
    • $650,000

      Chanhassen Land with Lake Views

      Two lots offering lake views and redevelopment potential in Chanhassen.
      6711 & 6701 Mohawk Drive, Chanhassen, MN 55317
      View Details
    • $450,000

      Half-Acre Wooded Lot Opportunity

      Half-acre wooded lot near Lotus Lake in Fox Ridge.
      601 Fox Hill Drive, Chanhassen, MN 55317
      View Details
    • $250,000

      Chanhassen Wooded Lot Opportunity

      Wooded lot in quiet neighborhood, build your dream home.
      6679 Mohawk Drive, Chanhassen, MN 55317
      View Details
    • $499,900

      Residential Land in Chanhassen, MN

      1.5-acre residential lot with privacy in Chanhassen, Minnesota.
      7602 Erie Avenue, Chanhassen, MN 55317
      View Details
    • $2,000,000

      Land for Auto Salvage Operation

      6-acre site ideal for auto salvage or overflow lot.
      285 Flying Cloud Drive, Chanhassen, MN 55318
      View Details
    • $2,195,000

      Christmas Lake Luxury Homesite

      Premier 1.25-acre luxury homesite with 120 feet of shoreline.
      970 Pleasant View Road, Chanhassen, MN 55317
      View Details
    • $724,550

      Chanhassen Land Near Minnesota River

      Large commercial and industrial land parcel near the MN River.
      Xx1 Flying Cloud Dr., Chanhassen, MN 55386
      View Details
    • $299,000

      Visible Car Sales Lot

      Car sales lot off HWY 101 and Flying Cloud Dr.
      608 Flying Cloud Drive, Chanhassen, MN 55318
      View Details
    • $299,900

      Chanhassen Land: Build Your Dream

      One-acre lot in Chanhassen, build your dream home!
      6591 Galpin Boulevard, Chanhassen, MN 55331
      View Details
    • $599,900

      Chanhassen Land with Development Potential

      9.55 acres in Chanhassen, guided for residential development.
      Tbd County Road 101, Chanhassen, MN 55317
      View Details
    • $656,000

      Land For Sale Chanhassen

      Land available for sale in Chanhassen, Minnesota.
      8145 Upland Cir, Chanhassen, MN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Luxury neighborhood with custom homesites near downtown Excelsior.
    Where is this residential land & home lot located?
    The property is located at 6518 Peaceful Lane Chanhassen, MN.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Prime location near downtown Excelsior with walkable/bikeable access to shops, dining, and events.; Exclusive, boutique community with only 20 residences.; Built by Charles Cudd Co., known for luxury, timeless architecture, and elevated finishes.
    (612) 998-4010
    We can help!
    Listing Contact
    The Holmers Group
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!