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Residential Lot in Wayzata
For Sale
$695,000

1202 La Salle Street, Wayzata, MN 55391

Wayzata, MN

Property SizeContact for details
Days on Market37

Property Features for 1202 La Salle Street

General Information

Property type Land
Property subtype Other
Subdivision New Wayzata
Standard status Active
Listing Agency: Engel & Volkers Minneapolis Lake Minnetonka · Engel & Völkers
Listed By: Don Edam
Added: Jul 15 Changed: Aug 19 Last Checked: Aug 20 at 5:06AM
MLS# 7068943

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.24-acre residential lot is located in Wayzata, Minnesota. The property is zoned for single-family residential use. The elevated walk-out lot overlooks wetlands and is situated a 5-minute walk from Downtown Wayzata and Wayzata Bay. An existing home is present on the lot and could be remodeled. Plans are available for review, allowing for the design of a custom dream home.

Key Highlights

  • Prime Location: Heart of Wayzata, just a 5‑minute walk to Downtown Wayzata and Wayzata Bay.
  • Elevated 0.24 acre walk‑out lot overlooking wetlands.
  • Custom Build Opportunity: Bring your own builder and design your custom dream home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store HVAC Service Plumbing Service Barber Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby

Demographics for 55391, MN

15,782
Population
7,445
Households
2.1
Avg Household Size
48
Median Age
72%
College-Educated
99%
High-School Grad
16.5 sq mi
ZIP Area
956
Density / Sq Mi
$170,115
Median Household Income
$72,262
Median Earnings
$1,498
Median Rent
$795,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 0.24 acre residential lot near downtown Wayzata.
Where is this land located?
The property is located at 1202 La Salle Street Wayzata, MN.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime Location: Heart of Wayzata, just a 5‑minute walk to Downtown Wayzata and Wayzata Bay.; Elevated 0.24 acre walk‑out lot overlooking wetlands.; Custom Build Opportunity: Bring your own builder and design your custom dream home.
More about this property
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