480 Highcroft Road Wayzata, MN $ 3,150,000
480 Highcroft Road
$ 3,150,000
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480 Highcroft Road

Wayzata, MN, 55391
$ 3,150,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 21,756

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Lots and Land for sale in Wayzata, MN

for $3,150,000. The lot size is 1.21.

Nestled on one of Wayzata’s most storied streets, 480 Highcroft Road, Wayzata, MN offers an opportunity to build the dream home you have always wanted or renovate a meticulously maintained stylish home. The current structure offers exceptional space, enduring craftsmanship and a rare connection to the city’s rich history. Located in the distinguished Highcroft neighborhood on a spacious 1.21 acre parcel, this remarkable residence spans nearly 6,200 total square feet and features six spacious bedrooms, five bathrooms and a four-car garage. The setting is equally impressive. Downtown Wayzata’s celebrated restaurants, boutique shopping and vibrant Lake Minnetonka waterfront of Browns Bay and Wayzata Bay just minutes away. Inside, the home is filled with warmth, character and thoughtfully preserved architectural detail. White oak pegged-plank hardwood flooring flows throughout the main living spaces, complemented by solid wood doors, crystal doorknobs, custom built-ins and two inviting wood-burning fireplaces. The main-floor primary suite with full spa like bath features cherry hardwood flooring and an extraordinary six cedar-lined closets. A second main-level bedroom with a private bath is currently used as an office, offering an ideal space for guests, remote work or flexible living. The fully remodeled kitchen features durable hard-surface countertops and connects beautifully with the home’s formal dining room, sunroom and gracious gathering spaces. Every window throughout the residence, including those on the lower level, has been replaced, adding comfort, efficiency and natural light. Upstairs, four generously sized bedrooms provide exceptional flexibility for guests, hobbies or additional office space. The unfinished lower level presents more than 2,000 square feet of exciting future potential. High ceilings, two egress windows, a half bath, two washer and dryer sets and a utility sink create an outstanding foundation for additional bedrooms, recreation areas, a fitness studio, workshop or private guest suite. Rich in history, generous in scale and beautifully positioned near the heart of Wayzata, this distinctive Highcroft home offers timeless character, remarkable versatility and an opportunity rarely found this close to Lake Minnetonka.

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Lots and Land Active

Price

$ 3,150,000

Property Type

Lots and Land

Taxes

$ 26,178

Style

Lot Size

1.21

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

7137766

Features
General
Utilities Electricity Available Electricity Connected Natural Gas Available Sewer Connected Phone Available Phone Connected Water Connected
Development Status Finished Lot(s)
HOA Fee 0
Topography High Ground
Tax Year 2026
County Hennepin
Property Type Land
HOA N
Contingency None
Subdivision Name Highcroft Sub
Directions Wayzata Blvd left on Ferndale Rd S right on Highcroft Rd home on left.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 26178
Additional Parcels Y/N N
Standard Status Active
Restrictions Open
Lender Owned No
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Exterior
Inclusions Easements
Lot Size Area 1.21
Lot Dimensions 364x275x282
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 480
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* Excluded Features
List By
Lakes Sotheby's International

Broker

debbie.mcnally@lakesmn.com

Email

Affordability Calculator

$23,938
Per Month
91%
9%
0%
Monthly Principal & Interest
$21,756
Monthly Property Taxes
$2,182
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
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$3,150,000 Listed Price

Map


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480 Highcroft Road, Wayzata, MN, 55391 is a Lots and Land for sale at $3,150,000 with a lot size of 1.21. 480 Highcroft Road has 0.0 baths. The property's zip code is 55391 which is in Wayzata, MN