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Wayzata, MN Waterfront Land for Sale

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Waterfront Land with Historic Barn
Updated: Aug 4
Waterfront Land with Historic Barn

940 S Brown Rd, Wayzata, MN 55391

$1,399,000
10‑acre waterfront property with views across Lake Minnetonka wetlands toward Tanager Bay
Historic barn with open loft and guest area
Guest area includes two inset beds, a kitchenette, and bath
Private pond with winter pond hockey use
Access to nearby Dakota Trails for hiking and biking
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Land
Updated: Apr 2
Land

3705 N Shore Dr, Wayzata, MN

$2,790,000
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wayzata, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

West-Facing Waterfront Land
West-Facing Waterfront Land

4330 Manitou Rd, Excelsior, MN 55331

$2,295,000

West-facing shoreline land with level rip-rap frontage and an adjacent fire lane buffer.

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Land, Excelsior, MN
Land, Excelsior, MN

Meadville Street, Excelsior, MN 55331

$5,299,000
0.40 AC lot

Waterfront Land · 0.40 Acres

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Waterfront Lagoon Land Lot
Waterfront Lagoon Land Lot

4720 Lagoon Dr, Mound, MN 55364

$750,000

Waterfront land on a Lake Minnetonka lagoon with an existing set of older pilings.

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Lakefront Residential Lot
Lakefront Residential Lot

3046 Julia Way, Mound, MN 55364

$769,000
0.20 AC lot

Level lot on Lake Minnetonka with approximately 25 feet of lakefront and cable available.

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Wayzata, MN Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Wayzata, MN on our real estate platform.

Sale prices for water rights properties in Wayzata, MN start at $1,399,000, averaging $2,094,500, and reaching up to $2,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 5
Waterfront Land 2

Demographics Overview

Population 15K
Population Growth (5Y) -5.2%
Median Household Income $170,115
College Educated 97.9%

High-Yield Neighborhoods for Investment

Identify Wayzata submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55391 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.71%
Property Tax per SF $36.81 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

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