5121/5115 Lake Ridge Road, Minneapolis, MN 55436

$1,995,000
Property Type: Land Lot Size (sq. ft.): 63,162 Status: Closed
Current Price: $1,995,000 List Date: 6/06/2024 Last Modified: 6/05/2025

Overview

Description

Spectacular 1.45 site overlooking Mirror Lakes and the fairways of Interlachen Country Club. Natural walkout site on a quiet cul de sac. This represents the combination of two adjoining lots at 5115 & 5121 Lake Ridge Road, which are being offered as a single building site to take advantage of this superb acreage. There is a home on the lot at 5115, which is tenanted until September 30. Please do not walk site without an appointment. Open to any builder.

Listing Details MLS# 6546758

General Property Information

Comp Sale YN
No
Development
No
Drainage
Excellent
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
275
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
178x175x275x210
Acres
1.45
Lake/Waterfront Name
Mirror
Power Company
Xcel Energy
Association Fee
0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Crop Type: None Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Gradual Fencing: None Financing Terms: Cash Improvements: Paved Streets; Public Road Land Inclusions: Platted; Survey Lot Description: Accessible Shoreline; Tree Coverage - Light Property SubType: Residential Lot Road Frontage: City Street; Cul De Sac; Paved Streets Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Surface Water: Lake Topography: Sloped; Walkout Waterfront View: Lake

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-07-02
Contingency
None
Closed Date
2024-10-02
Original List Price
1995000
Sales Close Price
1995000
ListPrice
1995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5121/5115
Street Name
Lake Ridge
Street Suffix
Road
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55436
Complex/Dev/Subdivision
Mirror Lake Ridge

Acreage Information

Taxable Acres
Yes

Additional Parcels Information

Property ID #2
2911721320009

More Information

Assessments

Tax With Assessments
27990.56
Assessment Balance
0

Builder Information

Builder Restrictions
Open

Lake Details

Lake Acres
22

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
21
Section#
29
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Listing City
Minneapolis
Map Page
119
Municipality
Edina
School District
Edina
School District Phone
952-848-3900
DNR Lake ID#
27005500
DNR Lake Classification
Recreational Development
Zip Plus 4
1234
Property ID Number
2911721320010
Tax Year
2024
Tax Amount
27990.56
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Spectacular 1.45 site overlooking Mirror Lakes and the fairways of Interlachen Country Club. Natural walkout site on a quiet cul de sac. This represents the combination of two adjoining lots at 5115 & 5121 Lake Ridge Road, which are being offered as a single building site to take advantage of this superb acreage. There is a home on the lot at 5115, which is tenanted until September 30. Please do not walk site without an appointment. Open to any builder.
Directions
Interlachen to Blake Road to Lake Ridge Road

Crop Type

None
Yes

Development Status

Finished Lot(s)
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Fencing

None
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes
Cul De Sac
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Sloped
Yes
Walkout
Yes

Waterfront View

Lake
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Paved Streets
Yes
Public Road
Yes

Land Inclusions

Platted
Yes
Survey
Yes

Property SubType

Residential Lot
Yes

Surface Water

Lake
Yes
IDX
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: June - 05 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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