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: Sep 2
Land, Wayzata, MN

1610 Shadywood Road, Wayzata, MN 55391

$2,300,000
1.26 AC lot
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Land, Wayzata, MN
Land, Wayzata, MN

3705 N Shore Drive, Wayzata, MN 55391

$2,300,000
1.26 AC lot

Land · 1.26 Acres

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

36 Xx N Shore Dr, Wayzata, MN 55391

$1,495,000

Waterfront Land

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Land
Land

1610 Shadywood Road, Wayzata, MN 55391

$2,300,000

Residential land & home lots

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Land
Land

3705 N Shore Drive, Wayzata, MN 55391

$2,300,000

Waterfront Land

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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 11 Potential Opportunities for your consideration. Besides 7 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
Residential

3240 Bayside Rd, Orono, MN 55356

$650,000

Residential land & home lots

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Land, Excelsior, MN
Land, Excelsior, MN

5200 Greenwood Circle, Excelsior, MN 55331

$475,000
0.34 AC lot

Land · 0.34 Acres

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Land
Land

1415 Bracketts Point Road, Orono, MN 55391

$7,450,000

Waterfront Land

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Land, Excelsior, MN
Land, Excelsior, MN

21155 Minnetonka Boulevard, Excelsior, MN 55331

$275,000
0.23 AC lot

Land · 0.23 Acres

View details

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

Explore 7 residential land & home lots for sale in Wayzata, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,919,254 square feet of properties for sale, with an estimated market value of $11,390,000.

Sale prices for home sites in Wayzata, MN start at $695,000, averaging $1,898,333, and reaching up to $2,300,000 — 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 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 $1.6M

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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