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331 Park Avenue

Mahtomedi, MN 55115

– beds
– baths
– sqft
~3/4 acre lot
– on site

Finding the legacy property of your dreams is a once-in-a-lifetime opportunity ... and here it is! This lot is cleared and ready for plans to create your own urban retreat (photos are to help you start dreaming) just steps from downtown Mahtomedi. With 82.5' of level frontage facing westerly sunsets, you can literally walk into town for coffee or dinner, stroll to the local market, boat to dinner, bike on gorgeous trails, or golf at nearby award-winning courses. This is an "open build/design," meaning you can bring your dreams and create what you want. This location not only boasts a highly acclaimed school district, but also a quiet street that is home to many other freshly built, upper-bracket homes. Lakeside bonfires and lifetime memories are here-carpe diem!

Listing courtesy of NORTHSTAR / Judith (Judy) Craig / Edina Realty, Inc.

Last checked: Checking… • Last updated Oct 26, 2024 •

MLS# 6616958 —

The Building

Year Built:

2025
New Construction:

true
Age Of Property:

-1
Construction Materials:

Other
Accessibility Features:

None
Levels:

Two
Basement:

Walkout
Basement:

true
Foundation Area:

1
Manufactured Home:

No

Location

Directions:

120 to 244 east to Crocus left to Park right to property.
Latitude:

45.0607165825
Longitude:

-92.9612692414

The Property

Parcel Number:

2903021230060
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Size Area:

0.71
Lot Size Dimensions:

82.5x375
Lot Size SqFt:

30927.6
Lot Size Units:

Acres
View:

Lake, Panoramic, West
Lake Chain:

N
Lake Acres:

2427
Lake Depth:

83
Lake Bottom:

Sand
Water Body Name:

White Bear
Waterfront Slope:

Gradual
Waterfront Feet:

82
Waterfront Elevation:

10-15
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street
Water Source:

City Water - In Street
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

18500
Tax With Assessments:

18500.0000

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer - In Street

Schools

High School District:

Mahtomedi

The Community

Waterfront:

true
Waterfront Features:

Dock, Lake Front
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage

Monthly cost estimate

Asking price

$4,000,000

Expense	Monthly cost
Mortgage	$21,418
Taxes	$1,541
Insurance	$1,100
Utilities	N/A
Total	$24,059/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/11/24 Oct 11, 2024	Listed / Active	NORTHSTAR	$4,000,000	14.3% (6.0% / YR)
8/21/24 Aug 21, 2024	Relisted	NORTHSTAR
6/1/22 Jun 1, 2022		NORTHSTAR	$3,500,000

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This house located in Mahtomedi, MN 55115 is currently for sale for $4,000,000. 331 Park Avenue is a – square foot house with – beds and – baths that has been on Estately for 71 days. This house is in the attendance area of Mahtomedi High School, Wildwood Elementary School, Mahtomedi Preschool, O.H. Anderson Elementary School, and Mahtomedi Middle School.

Listing Courtesy of: NORTHSTAR and Edina Realty, Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.