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    Wayzata, MN
    Residential

    Wayzata, MN Residential Land & Home Lots for Sale

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    Residential Lot in Wayzata
    Updated: Jul 15
    Residential Lot in Wayzata

    1202 La Salle Street, Wayzata, MN 55391

    $695,000
    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.
    Remodel Potential: Existing home could be remodeled to your liking.
    Building plans are available.
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    Land, Wayzata, MN
    Updated: Jun 12
    Land, Wayzata, MN

    940 S Brown Road, Wayzata, MN 55391

    $1,399,000
    10.76 AC lot
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    Minnetonka Beach Redevelopment Opportunity
    Minnetonka Beach Redevelopment Opportunity

    3114 Brooks Ln, Wayzata, MN

    $849,000

    Rare opportunity to build your dream home near Lake Minnetonka.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Redevelopment Land
    Residential Redevelopment Land

    2301 Crosby Rd, Wayzata, MN 55391

    Contact for pricing
    41.54 AC lot

    Residential redevelopment land near Lake Minnetonka with access to major highways via McGinty Rd W.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Residential Building Lot on Cul-de-Sac
    Residential Building Lot on Cul-de-Sac

    15509 Robinwood Dr, Minnetonka, MN 55345

    $585,000
    0.89 AC lot

    Nearly 1-acre wooded lot on a quiet cul-de-sac within the Minnetonka School District.

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    Land, Minnetonka, MN
    Land, Minnetonka, MN

    Highwood Drive, Minnetonka, MN 55345

    $415,000
    0.69 AC lot

    Residential land & home lots · 0.69 Acres

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    Land, Excelsior, MN
    Land, Excelsior, MN

    21155 Minnetonka Boulevard, Excelsior, MN 55331

    $299,000
    0.23 AC lot

    Land · 0.23 Acres

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    Residential Land Lot
    Residential Land Lot

    20020 Vine St, Excelsior, MN 55331

    $499,900

    Residential land and home lot opportunity currently listed for sale at 20020 Vine St, Excelsior.

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    Wayzata, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 4 residential land & home lots for sale in Wayzata, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,278,188 square feet of properties for sale, with an estimated market value of $2,943,000.

    Sale prices for home sites in Wayzata, MN start at $695,000, averaging $981,000, and reaching up to $1,399,000 — 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 3

    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 $1.2M

    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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