For Sale: Wayzata MLS# 6826162
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$5,695,000
Property Type:
Lot/Land
City:
Wayzata
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55391
Exterior
Road Frontage:
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
Lake & Waterfront
Waterfront View:
Lake, Panoramic, West
WF Frontage:
200
Elev Highpt to WF feet:
10-15
Waterfront:
- Dock
- Lake Front
- Lake View
Lake Bottom:
- Excellent Sand
- Hard
- Sand
Lot & Land
Acres:
2.07
Geolocation:
44.9600879356, -93.498077746
Inclusions:
Easements, Soil Test Available, Survey, Torrens
Lot Dimensions:
436 x 206 x 400 x 203L
Restrictions:
Open
Zoning:
- Residential-Single Family
- Shoreline
Lot Description:
- Additional Land Available
- Tree Coverage - Medium
Farm
Topography:
Walkout
Schools
School District:
1280
District Phone:
7637455000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$63,381
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$63,381
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Other
Improvements:
Curbs, Paved Streets, Sidewalks, Storm Sewer
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Water Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.