Investment or Development opportunity in Wayzata schools! Great open builder option for multi-family unit/s now available. 4-7 units. Bring your ideas or designs for this .90 acres parcel overlooking wetlands. Location is prime in the Wayzata school district, blocks from major roadways, and just minutes to groceries, parks, schools, restaurants, coffee and more. Dont miss out on this great opportunity!
Active
$499,900
705 Hamel Rd, Hamel, MN 55340
--beds
--baths
0.9Acres
Unimproved Land
Built in ----
0.9 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Overlooking wetlands
- 15 days |
- 104 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
David B Hitchcock 763-257-9245,
Pro Flat Fee Realty LLC,
John Gapp 612-227-4333
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7083162
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 0.9 Acres
- Dimensions: 125 x 315 x 125 x 315
- Topography: High Ground,Sloped,Walkout
Details
- Parcel number: 1211823320001
- Zoning description: Residential-Multi-Family
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available
Community & HOA
Community
- Features: No
- Subdivision: Auditors Sub 241
HOA
- Has HOA: No
Location
- Region: Hamel
Financial & listing details
- Tax assessed value: $208,000
- Annual tax amount: $4,981
- Date on market: 5/29/2026
- Inclusions: Other, Survey
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,662/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $499,900-9.1% |
Source: | ||
| 10/1/2025 | Listing removed | $549,900 |
Source: | ||
| 6/3/2025 | Listed for sale | $549,900 |
Source: | ||
| 4/30/2024 | Listing removed | $549,900-8.3% |
Source: | ||
| 8/29/2023 | Listed for sale | $599,900+130.7% |
Source: | ||
| 5/4/2007 | Sold | $260,000+92.6% |
Source: Public Record Report a problem | ||
| 7/14/1999 | Sold | $135,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,976 +5.2% | $208,000 -1.5% |
| 2024 | $4,730 -3.8% | $211,200 +10% |
| 2023 | $4,916 +9.8% | $192,000 |
| 2022 | $4,478 -3% | $192,000 +41.2% |
| 2021 | $4,615 -2% | $136,000 |
| 2020 | $4,712 +2.1% | $136,000 |
| 2019 | $4,615 -2% | $136,000 |
| 2018 | $4,712 -3.9% | $136,000 |
| 2017 | $4,902 -2.7% | $136,000 |
| 2016 | $5,039 -16.3% | $136,000 +41.7% |
| 2015 | $6,023 +309.8% | $96,000 |
| 2014 | $1,470 +7.6% | $96,000 +9.1% |
| 2013 | $1,366 -24.8% | $88,000 -28.5% |
| 2012 | $1,816 -8.9% | $123,000 -14.6% |
| 2011 | $1,993 -91.5% | $144,000 -28.7% |
| 2010 | $23,510 -16.5% | $202,000 |
| 2009 | $28,139 +1088.7% | $202,000 -12.4% |
| 2006 | $2,367 +16.7% | $230,500 +14.4% |
| 2005 | $2,028 +13.3% | $201,500 +20.9% |
| 2004 | $1,790 +4.9% | $166,700 +12% |
| 2002 | $1,707 -32% | $148,900 |
| 2001 | $2,508 | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55340
Nearby schools
GreatSchools rating
- 8/10Greenwood Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Wayzata West Middle SchoolGrades: 6-8Distance: 4.7 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Medina
- 55340
- 705 Hamel Rd






