This fantastic .23-acre lot, nestled in the heart of Deephaven Beach, offers an incredible opportunity for builders and homeowners alike. The neighborhood is transitioning from small summer cabins to multi-million-dollar homes. There are new million-dollar homes built on identical lots on the same street. Surrounded by mature trees, the lot provides a tranquil and private setting, while being ideally located between Deephaven Beach and the scenic Thorpe Park. The value is in the land. Current home is likely a teardown or major remodel needed. Take advantage of the best of both worlds – the peacefulness of a residential neighborhood, combined with proximity to the lake and outdoor recreation. Become a part of this classic lakeside neighborhood community located just minutes to shopping and dining in Wayzata and Excelsior. Situated in the highly sought-after Minnetonka School District, with Spanish Immersion available at neighborhood school Deephaven Elementary, this lot ensures access to top-rated educational opportunities. Whether you're looking to create your dream home or seeking a prime investment for new construction, this lot offers immense potential.
Closed
$330,000
18965 Lake Ave, Deephaven, MN 55391
2beds
840sqft
Single Family Residence
Built in 1924
10,018.8 Square Feet Lot
$331,000 Zestimate®
$393/sqft
$1,839 Estimated rent
Home value
$331,000
$305,000 - $357,000
$1,839/mo
Zestimate® history
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List your homeWhat's special
Surrounded by mature treesTranquil and private setting
Zillow last checked:
Listing updated:
Listed by:
Max C Zinn 612-281-7060,
Coldwell Banker Realty,
Hans C Zinn 612-964-8111
Bought with:
Timothy M. Jones
Reimagine Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6814271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Deck
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14x8
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Porch
- Level: Main
- Area: 78 Square Feet
- Dimensions: 13x6
Heating
- Baseboard, Forced Air
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Lower Level
Features
- Basement: Partial
Interior area
- Total structure area: 840
- Total interior livable area: 840 sqft
- Finished area above ground: 840
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Pool features: None
Lot
- Size: 10,018 sqft
- Dimensions: 50 x 200
- Features: Tree Coverage - Medium
Details
- Foundation area: 840
- Parcel number: 1911722220044
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Private, Well
Community & neighborhood
Location
- Region: Deephaven
- Subdivision: Deephaven Park Sub 4
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $330,000-5.7%$393/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6814271 Report a problem | ||
| 12/29/2025 | Pending sale | $350,000$417/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6814275 Report a problem | ||
| 12/4/2025 | Price change | $350,000-12.5%$417/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6814275 Report a problem | ||
| 11/7/2025 | Listed for sale | $399,900-8.1%$476/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6814271 Report a problem | ||
| 11/5/2025 | Listing removed | $435,000$518/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6793754 Report a problem | ||
| 9/24/2025 | Listed for sale | $435,000+228.3%$518/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792236 Report a problem | ||
| 10/5/2024 | Listing removed | $1,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2024 | Price change | $1,500-6.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2024 | Listed for rent | $1,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/7/2001 | Sold | $132,500+50.8%$158/sqft |
Source: Public Record Report a problem | ||
| 9/29/2000 | Sold | $87,847$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,744 +8% | $371,100 +9.5% |
| 2024 | $3,465 +8.4% | $339,000 +3.3% |
| 2023 | $3,197 +7.3% | $328,300 +9.1% |
| 2022 | $2,978 +8.4% | $301,000 +19% |
| 2021 | $2,747 +4.1% | $253,000 +8.6% |
| 2020 | $2,638 -4% | $233,000 +8.4% |
| 2019 | $2,747 +4.1% | $215,000 +7.5% |
| 2018 | $2,638 +13.6% | $200,000 +1.5% |
| 2017 | $2,322 -4.6% | $197,000 +19.4% |
| 2016 | $2,434 +17.2% | $165,000 +13% |
| 2015 | $2,077 +12.2% | $146,000 +11.5% |
| 2014 | $1,852 +6.3% | $131,000 -3% |
| 2013 | $1,742 -7.3% | $135,000 -11.8% |
| 2012 | $1,879 +4.3% | $153,000 |
| 2011 | $1,801 -4.2% | $153,000 -13.1% |
| 2010 | $1,879 -4.1% | $176,000 -7.9% |
| 2009 | $1,960 +20.8% | $191,000 +27.3% |
| 2006 | $1,623 +7.9% | $150,000 +14.9% |
| 2005 | $1,505 +8.2% | $130,500 +15% |
| 2004 | $1,391 +31.3% | $113,500 +11.9% |
| 2002 | $1,059 -29.9% | $101,400 |
| 2001 | $1,512 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 9/10Deephaven Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$331,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$331,000
- Minnesota
- Hennepin County
- Deephaven
- 55391
- 18965 Lake Ave
Nearby cities
Nearby zip codes
Other Deephaven Topics
