5501 Mayview Rd
Minnetonka, MN 55345
(on 1.38 acres)
Local Information
-- mins to
Description
Tear Down Home on site/ possible renovation, Handyman Project. Detached 3 car garage on site. Lender owned, EZ finance options with new construction build or renovation. Proposed Home to Be built 6-7 months from permit issue, custom drawn plan option available also. Possible Lot split with lot line adjustment.
5501 Mayview Rd, Minnetonka, MN 55345 is a lot/land built in 1940. It last sold for $365,000 on Apr 25, 2025 (9% below the $400,000 asking price). It is currently off market. The Trulia Estimate is $382,700, with a rent estimate of $2,619/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5501 Mayview Rd
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MLS Status: Closed |
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Appliances & Utilities Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Phone Available, Phone Connected, Water Available, Water Connected |
Gas & Electric Has Electric on Property |
View Has a ViewView: Lake |
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Frontage Waterfront: Lake ViewNot on Waterfront |
Surface & Elevation Topography: High Ground, Level |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building No Additional Parcels |
Property Information Included in Sale: PlattedParcel Number: 3411722120048 |
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Price List Price: $400,000 |
Status Change & Dates Off Market Date: Mon Apr 28 2025 |
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Direction & Address City: Minnetonka |
School Information High School District: Hopkins |
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Building Details Builder Name: WEST BAY HOMES |
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Community Features: No |
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No HOA |
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Lot Area: 1.38 Acres |
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Contingencies: None |
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Mls Number: 6632064Water ViewWater View: Lake |
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No |
Last check for updates: about 5 hours ago
Listed by Richard L Vogelgesang, (612) 770-6433
Edina Realty, Inc.
Bought with: NON-RMLS, Non-MLS
Source: NorthstarMLS as distributed by MLS GRID, MLS#6632064

Price History for 5501 Mayview Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2025 | $1,499,900 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6632051 |
| 04/28/2025 | $1,499,900 | Pending | NorthstarMLS as distributed by MLS GRID #6632051 |
| 04/25/2025 | $365,000 | Sold | NorthstarMLS as distributed by MLS GRID #6632064 |
| 11/15/2024 | $1,499,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6632051 |
| 03/04/2024 | $449,000 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6106749 |
| 03/03/2023 | $420,000 | Sold | NorthstarMLS as distributed by MLS GRID #6106749 |
| 06/17/2022 | $449,000 | Pending | NorthstarMLS as distributed by MLS GRID #6106749 |
| 06/06/2022 | $449,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6106749 |
| 12/07/2021 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6106749 | |
| 12/03/2021 | $449,000 | PriceChange | NorthstarMLS as distributed by MLS GRID #6106749 |
| 11/06/2021 | $499,900 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6106749 |
Market trends in Minnetonka
Last updated May 2026
Avg. sale price
$474K
$3.75KMoM
Sale-to-List Price
99.1%
0.7%MoM
Price per sq ft
$208
$0MoM
Available listings
214
30MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,667 |
| Assessment | $468,500 |
Home facts updated by county records
Comparable Sales for 5501 Mayview Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.64 | Lot/Land | $215,000 | 01/14/26 | - | - | ||
1.43 | Lot/Land | $325,000 | 06/04/26 | - | - | ||
0.96 | Lot/Land | $180,000 | 07/15/25 | - | - | ||
2.08 | Lot/Land | $500,000 | 05/29/26 | - | - | ||
1.73 | Lot/Land | $225,000 | 05/22/26 | - | - | ||
2.10 | Lot/Land | $287,500 | 02/05/26 | - | - | ||
2.42 | Lot/Land | $525,000 | 11/07/25 | - | - | ||
2.42 | Lot/Land | $525,000 | 11/07/25 | - | - | ||
3.64 | Lot/Land | $369,000 | 10/10/25 | - | - | ||
3.84 | Lot/Land | $600,000 | 06/15/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5501 Mayview Rd.
What Locals Say about Minnetonka
At least 212 Trulia users voted on each feature.
95 % Say car is needed
92 % Say it's dog friendly
90 % Say parking is easy
78 % Say it's quiet
77 % Say there's wildlife
74 % Say yards are well-kept
71 % Say there's holiday spirit
70 % Say people would walk alone at night
67 % Say kids play outside
57 % Say neighbors are friendly
57 % Say they plan to stay for at least 5 years
47 % Say there are community events
45 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
38 % Say there are sidewalks
37 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 5501 Mayview Rd
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Based on information submitted to the MLS GRID as of 2026-07-07 12:53:14 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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