$5,695,000
Wayzata, MN 55391
MLS# 6826162
1 / 6
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.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $5,695,000
Original List Price: 5695000
ListPrice: 5695000
List Date: 2025-12-11
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Road Btwn WF & Home?: No
Waterfront Frontage: 200
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Lot Dimensions: 436x206x400x203L
Acres: 2.07
Lake/Waterfront Name: Minnetonka
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: TBD
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Property ID Number: 0811722230014
Tax Year: 2025
Tax Amount: 63381
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: Take Bushaway Road south of McGinty Road to 535 Bushaway Road driveway located on west side.
Assessments
Assessment Balance: 0
Tax With Assessments: 63381
Builder Information
Builder Restrictions: Open
Development Status
Other: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 10-15
Elevation Highpoint to Waterfront Slope
Gradual: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Excellent Sand: 1
Hard: 1
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Lake/Waterfront
Dock: 1
Lake Front: 1
Lake View: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Additional Land Available: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 22
Section#: 08
Township#: 117
Restriction/Covenants
Easements: 1
Road Frontage
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Storm Sewer: 1
Sellers Terms
Cash: 1
Conventional: 1
Topography
Walkout: 1
Waterfront View
Lake: 1
Panoramic: 1
West: 1
Available Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
None Connected: 1
Phone Available: 1
Sewer Available: 1
Water Available: 1
Improvements
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Storm Sewer: 1
Land Inclusions
Easements: 1
Soil Test Available: 1
Survey: 1
Torrens: 1
Property SubType
Lake Property: 1
Residential Lot: 1
Location Tax and Other Information
House Number: 535
Street Name: Bushaway
Street Suffix: Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Property Features
Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Water Available
Development Status: Other
Elevation Highpoint to Waterfront Slope: Gradual
Improvements: Curbs; Paved Streets; Sidewalks; Storm Sewer
Lake Details: Excellent Sand; Hard; Sand
Land Inclusions: Easements; Soil Test Available; Survey; Torrens
Lot Description: Additional Land Available; Tree Coverage - Medium
Property SubType: Lake Property; Residential Lot
Road Frontage: Curbs; Paved Streets; Sidewalks; Storm Sewer
Sellers Terms: Cash; Conventional
Topography: Walkout
Waterfront View: Lake; Panoramic; West
Listing Office: Coldwell Banker Realty
Last Updated: April - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.