Courtesy: Lakes Sotheby's International Realty
952-230-3101
Open to all builders — exceptional opportunity to build a custom home in the heart of Wayzata. 132 Minnetonka Avenue offers a rare chance to create a new construction residence in one of the area’s most desirable locations, just moments from downtown Wayzata, Lake Minnetonka, restaurants, shops, parks, and trails. Bring your own builder and vision to design a home that fits your lifestyle in an established neighborhood surrounded by luxury homes. Whether you’re looking to build a timeless classic or a modern custom residence, this property provides the ideal setting in a premier Wayzata location. A rare offering with incredible potential — don’t miss this opportunity to build in the heart of Wayzata.
Courtesy: RE/MAX Results
763-591-6000
Rare redevelopment opportunity in the heart of coveted Minnetonka Beach. Open to all builders — build your dream home, reimagine the existing residence with a complete renovation, or enjoy it as-is while planning your future vision. The value is truly in the land and the extraordinary lifestyle this property offers. Nestled in the secluded and highly sought-after village of Minnetonka Beach within the award-winning Orono School District, this incredible homesite offers a rare chance to create your legacy surrounded by the beauty of Lake Minnetonka. One of the area’s most unique advantages is the opportunity for residents and property owners to obtain a boat slip through the City of Minnetonka Beach - allowing you to enjoy lake life without the premium lakeshore taxes. Spend your summers boating to dinner on the lake, paddleboarding at sunrise, cruising to Wayzata for ice cream or brunch, and enjoying endless days on the water with family and friends. Minnetonka Beach is a charming lakeside community known for its peaceful streets, tight-knit community feel, and unmatched access to Lake Minnetonka. Most homes in the village are lakeshore properties, making non-lakeshore opportunities like this exceptionally rare. Residents enjoy parks, nearby trails, quick access to marinas and yacht clubs, and a true small-town lake lifestyle just 5 minutes west of Wayzata, less than 20 minutes to downtown Minneapolis, and under 10 minutes to the Orono school campus. Boat slips are available through the city for approved residents/property owners. Contact Minnetonka Beach City Hall for dock slip availability, waiting list information, and annual fee details. Agent also has builder recommendations available for buyers interested in creating a custom home on this exceptional property.
Courtesy: Coldwell Banker Realty
952-473-3000
Rare building site opportunity on over 2 acres in Wayzata’s most coveted location, just steps from Wayzata Beach on Lake Minnetonka and vibrant shops, restaurants, and entertainment. This property offers a private driveway off Peavey Lane and a build site with beautiful natural views overlooking the wetlands. The site accommodates a home design with walkout access on both the main and lower levels, all within a peaceful and secluded setting. Enjoy convenient access to the Dakota Rail Regional Trail and a connection to the highly desirable Highcroft neighborhood. No builder restrictions.
Courtesy: Engel & Volkers Lake Minnetonka
612-338-3836
Bring your own builder and design your custom dream home in the heart of Wayzata! Elevated 0.24 acre walk-out lot overlooking wetlands. 5 minute walk to Downtown Wayzata and Wayzata Bay. Existing home could be remodeled. Plans available. Schedule a lot tour today!
Courtesy: Fazendin REALTORS
952-473-7000
Rare opportunity to build your dream home in one of Lake Minnetonka’s most sought-after communities. This private .52-acre lot is located in Minnetonka Beach and is surrounded by mature trees with beautiful lake views, all within the award-winning Orono School District. Enjoy access to Lake Minnetonka through the Minnetonka Beach Dock-Through-City program. Ideally located just one mile from the Lafayette Club and minutes from downtown Wayzata’s shops, restaurants, and everyday conveniences. Open to builders. Appointments are required before visiting this property.
Courtesy: Coldwell Banker Realty
612-920-5605
Prime lot opportunity in the heart of historic Minnetonka Beach! Nearly half an acre of land featuring excellent elevation and a generous expanse of level, usable ground — a rare combination in one of Lake Minnetonka’s most exclusive communities. Surrounded by multi-million dollar estates, this is your chance to build the dream home you’ve always envisioned in a truly premier setting. The existing structure provides flexibility — live on site or use as a rental while you plan and permit your new build. Lot size, elevation, and level terrain offer excellent options for a variety of home designs and configurations.
Courtesy: Compass
952-283-0644
425 N Ferndale Road, Wayzata Rare opportunity to own a 2.3 acre level lot with medium tree coverage in Wayzata. With ample space to build expand or reimagine, this property present potential for builders or buyers looking to create a custom estate! Driveway and all utilities are already in place. Existing home on the property which presents amazing opportunity to renovate or teardown. Open to builders
Courtesy: Edina Realty, Inc.
763-559-2894
Don't miss this 1 remaining lot available in Medina and Orono Schools (#278). Small boutique development in very close in neighborhood. 5 acre lot open to all builders. Paved streets, natural gas, 15 minutes to downtown Wayzata and all amenities. Plat drawing available in supplements. Step in signs mark the beginning of lot 5, block 1.
Courtesy: eXp Realty
320-500-4397
Welcome to an extraordinary opportunity in one of Wayzata’s most coveted neighborhoods. Set on 1.84 acres, this exceptional acreage lot is surrounded by mature trees and neighboring luxury estates, offering a serene, private setting while remaining within walking distance to downtown Wayzata’s outstanding dining, shopping, and lakeside lifestyle. The property offers flexible access from either the cul-de-sac located at the end of Ferndale Woods Road or Bovey Road, allowing you to thoughtfully design your private entrance. With no builder restrictions, this is your chance to bring a fully custom vision to life in one of the most sought-after locations in the Twin Cities. Build your dream estates in Wayzata and create something truly remarkable. A walkout home has already been sketched for this lot. ask us for details and envision your custom design coming to life.
Courtesy: RE/MAX Results
952-475-8000
Nestled just minutes west of Wayzata, this sprawling 10-acre homestead offers a secluded escape with convenient access to I-394 and I-494, making it your private sanctuary just moments from the city. Embrace the unparalleled outdoor lifestyle this property offers with stunning, long views of the Lake Minnetonka wetlands leading to Tanager Bay, and direct access to the nearby Dakota Trails for hiking and biking adventures. Whether you're hosting lively gatherings or enjoying peaceful solitude, this property delivers. The natural beauty of the property comes alive with the spring chorus of frogs, followed by the arrival of ducks, geese, and fireflies dancing in the twilight. Imagine cozy evenings by a crackling bonfire, feeling like you're nestled in the Northwoods, a welcome contrast to city living. The private pond becomes a winter wonderland for pond hockey enthusiasts. Beyond the natural beauty, this property features a truly special historic barn with an open loft bursting with character and a quaint guest area offering comfort with two inset beds, a kitchenette, and bath. Don't miss this exceptional property – visit today to experience its unique charm and potential.
Courtesy: Coldwell Banker Realty
952-473-3000
Set along one of the most coveted stretches of Lake Minnetonka shoreline, TBD Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.19 acres with 200 feet of level, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
Courtesy: Coldwell Banker Realty
952-473-3000
Set along one of the most coveted stretches of Lake Minnetonka shoreline, 555 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.08 acres with 140 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
Courtesy: Coldwell Banker Realty
952-473-3000
Set along one of the most coveted stretches of Lake Minnetonka shoreline, 535 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.07 acres with 200 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
Courtesy: Coldwell Banker Realty
952-473-3000
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Wayzata is located in Minnesota. Wayzata, Minnesota has a population of 4,367. Wayzata is less family-centric than the surrounding county with 22.75% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Wayzata, Minnesota is $94,097. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Wayzata is 55.8 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 5.2 degrees. The average rainfall is approximately 32.1 inches per year, with 50.9 inches of snow per year.
