5 months on rocket

Sale Pending

486X Lake Harriet Pkwy, Minneapolis, MN, 55419

$1,395,000

Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front, Lake
ViewCity Lights, Panoramic
MLS #6458143
StatusSale Pending
(Pending)

About 486X Lake Harriet Pkwy

Unique ultra premium Lake Harriet lot stands at high point above the lake behind a berm and stone wall that lend unparalleled privacy. It is a candidate for either new construction or remodeling of existing house. Parcel is large, 0.41 acres, with huge circular driveway. It is at the southernmost point of the lake, affording skyline and bandshell views. Photos are from bedrooms of current structure, whose roofline is below the legal limit, so new project can be significantly higher. There is not a better lot on the lake, and rarely does such a parcel become available. All of this is evident to the bald eagles who have chosen to roost above the property for many years. Current house, solid red brick center hall colonial, has good bones and is viable for updating should a buyer choose that option.

Property Details

Property Features

Listing Office:

  • Office Name: Savvy Avenue, LLC

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake
  • View: City Lights, Panoramic

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Near Public Land, Some Trees

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Burroughs Community, Public District Grades KG-5

Other

Directions Information:

  • Directions: East Lake Harriet Parkway, at South end of Lake Harriet between Oliver Ave. and Morgan Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

486X Lake Harriet Pkwy vs Minneapolis

175 DAYS ON ROCKET

+148 Days

$1,395,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6458143

Listing Office:

  • Office Name: Savvy Avenue, LLC

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Property Sales & Tax

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$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5161998
9
/10
  • Burroughs Community

  • 1601 W 50th St

  • 0.32 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5161999
5
/10
  • Ramsey Middle School

  • 1 W 49th St

  • 1.27 miles

  • Public District Grades 6-8

High School

school-card-donut-5162000
5
/10
  • Washburn High School

  • 201 W 49th St

  • 1.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,907. Residents of Minneapolis, MN typically earn between $100k-200k each year. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 486X Lake Harriet Pkwy

What is the listing price of this property?

The listing price of 486X Lake Harriet Pkwy property is $1,395,000.

What type of property is this?

The property 486X Lake Harriet Pkwy is land located in Minneapolis, Minnesota, 55419.

Is this property for sale now?

Sale Pending: 486X Lake Harriet Pkwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 486X Lake Harriet Pkwy are:
Burroughs Community: GreatSchools Rating 9/10
Ramsey Middle School: GreatSchools Rating 5/10
Washburn High School: GreatSchools Rating 5/10
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Rocket HomesMinnesotaHennepin CountyMinneapolis55419486X Lake Harriet Pkwy

This home is located at 486X Lake Harriet Pkwy in Minneapolis, MN and zip code 55419 in the Lynnhurst neighborhood. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $1,395,000.

In April 2024 more than 519 listings in Minneapolis, MN were sold above the asking price. During the same period more than 228 listings were sold at asking price, while more than 337 were sold below. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. Listings spent 27 days on the market in April 2024, and had a median list price of $343,683 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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