18864 Heathcote Drive Wayzata, MN $ 1,199,000
18864 Heathcote Drive
$ 1,199,000
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18864 Heathcote Drive

Wayzata, MN, 55391
$ 1,199,000
Bedrooms4 Baths3.1 Sq 3,802

Monthly Estimate*

$ 8,281

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Single Family Home for sale in Wayzata, MN

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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Single Family Active

Price

$ 1,199,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 10,602

Style

Single Family

Lot Size

1.21

Year Built

1977

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

7110294

Features
General
Living 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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Interior
Basement 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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Exterior
Parking 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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Internal Only
Street Number 1 18864
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* Excluded Features
List By
Compass

Broker

dan.hollerman@compass.com

Email

Affordability Calculator

$9,165
Per Month
90%
10%
0%
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.
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Nearby
708531 Elementary School
708355 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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

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18864 Heathcote Drive, Wayzata, MN, 55391 is a Single Family Home for sale at $1,199,000 with 3,802 sqft and a lot size of 1.21. 18864 Heathcote Drive has 4 bedrooms, 3.1 baths, and was built in 1977. The property's zip code is 55391 which is in Wayzata, MN