18864 Heathcote Drive
Wayzata, MN, 55391 $ 1,199,000
Bedrooms4 Baths3.1 Sq 3,802 Monthly Estimate*
$ 8,281
for $1,199,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,802 square foot home was built in 1977 on a lot size of 1.21.
Welcome to one of Deephaven's most private settings. Tucked away at the end of a quiet cul-de-sac on a beautifully landscaped 1.22-acre lot, this beautifully updated home offers an extraordinary blend of privacy, natural beauty, and timeless comfort, just minutes from downtown Wayzata, Excelsior, and the lifestyle of Lake Minnetonka. Designed for comfortable everyday living and effortless entertaining, the main level features elegant formal living and dining rooms, a spacious great room with a gas fireplace, custom built-ins, a beamed ceiling, and walls of glass overlooking the private backyard. The thoughtfully designed kitchen is the heart of the home, offering two center islands, abundant custom cabinetry, gourmet appliances, a butler's pantry, wet bar, and an informal dining area with a bay window. Expansive cedar decking and a welcoming front porch create seamless indoor-outdoor living. The upper level is anchored by a luxurious primary suite featuring heated marble floors, dual vanities, a soaking tub, walk-in shower, and walk-in closet. Two additional bedrooms share the upper level, while a private fourth bedroom suite with its own three-quarter bath provides exceptional flexibility for guests, multigenerational living, or a second home office. The walkout lower level offers an inviting family room with a gas fireplace and wet bar, daylight windows, sound-insulated construction, and a large flex room ideal for a fitness studio, hobbies, recreation, or future expansion. Beyond the home, enjoy the unmatched Deephaven lifestyle. Residents have access to multiple Lake Minnetonka amenities, including beaches, fishing docks, tennis courts, parks, playgrounds, and miles of scenic walking trails. Carsonwood is a welcoming neighborhood known for its annual social gatherings, well-maintained trails, and a strong sense of community.
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FeaturesGeneralLiving Area 3802
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years Wood
Appliances Cooktop Dishwasher Dryer Exhaust Fan Refrigerator Wall Oven Washer
HOA Fee 80
Garage Spaces 2
Association Fee Includes Hazard Insurance
Pool Features None
Construction Materials Frame
Year Built 1977
Electric Circuit Breakers
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Annually
County Hennepin
New Construction N
Property Type Residential
HOA Y
Contingency None
Subdivision Name Carsonwood
Full Baths 2
Directions Hwy 7 to Vine Hill Rd. North to Minnetonka Blvd. Heathcote Rd South to Heathcote Dr.
City Deephaven
Association Name Carsonwood Association
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 10602
Additional Parcels Y/N N
Virtual Tour https://wellcomemat.com/embed/57tcae99bb251mo0p?mls=1
Standard Status Active
Lender Owned No
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InteriorBasement Finished Full
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2485
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Lower Level Laundry Room
Total Bedrooms 4
Below Grade Finished Area 1317
Total Baths 4
Bath Desc Double Sink Bathroom Ensuite Full Primary Private Primary Main Floor 1/2 Bath Separate Tub & Shower Upper Level Full Bath Jetted Tub
Dining Room Description Eat In Kitchen Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 30X20
Garage Square Feet 733
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ExteriorParking Features Attached Garage
Water Source Well
Lot Size Area 1.21
Building Area Total 3902
Lot Dimensions 70X213X395X78X262
Waterfront Y/N N
Foundation Area 2151
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* Excluded FeaturesList Bydan.hollerman@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,281
- Monthly Property Taxes
- $884
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Wayzata, MN
Average List Price $3,720,037
Percent of Sale Price 210%
About Wayzata, MN 4,305 Population
7% Since 2002
$ 73,787 Median Income
48.7 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/5/2026 | $1,199,000 | -7.70% | Price Down |
| 9/14/2026 | $1,299,000 | -3.42% | Price Down |
| 8/21/2026 | $1,345,000 | -3.58% | Price Down |
| 7/31/2026 | $1,395,000 | | Listed Price |