2040 N Shore Dr Wayzata, MN 55391
Estimated payment $7,786/month
Highlights
- Very Popular Property
- 110 Feet of Waterfront
- Family Room with Fireplace
- Schumann Elementary School Rated A-
- Lake View
- Recreation Room
About This Home
Are you dreaming of living on Lake Minnetonka with your own shoreline and lower property taxes? This rambler sits on 0.82 acres with 110 feet of prime lakeshore and stunning views. 3 Bedrooms, 3 Bathrooms, 3-Car Garage, 2,752 Finished Sq Ft. Beautiful lot with room to renovate or tear down and build your dream home.
Enjoy breathtaking sunsets, beautiful view of the lake and the rare chance to own a sizable lot on one of Minnesota's most desirable lakes.
Don't miss this one - whether you update the current home or design new construction, the possibilities are endless!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,043
Year Built
- Built in 1955
Lot Details
- 0.82 Acre Lot
- Lot Dimensions are 180x291x188x149
- 110 Feet of Waterfront
- Lake Front
- Wood Fence
- Chain Link Fence
- Corner Lot
Parking
- 3 Car Attached Garage
Interior Spaces
- 2,752 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Recreation Room
- Lake Views
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1011723310002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,042 | $1,014,800 | $703,800 | $311,000 |
| 2023 | $10,626 | $1,014,000 | $703,800 | $310,200 |
| 2022 | $7,760 | $956,000 | $640,000 | $316,000 |
| 2021 | $7,333 | $682,000 | $410,000 | $272,000 |
| 2020 | $7,046 | $650,000 | $379,000 | $271,000 |
| 2019 | $6,982 | $604,000 | $344,000 | $260,000 |
| 2018 | $7,563 | $591,000 | $338,000 | $253,000 |
| 2017 | $6,937 | $572,000 | $338,000 | $234,000 |
| 2016 | $6,230 | $523,000 | $315,000 | $208,000 |
| 2015 | $6,003 | $508,000 | $300,000 | $208,000 |
| 2014 | -- | $595,000 | $413,000 | $182,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $1,295,000 | -- | $471 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | Title Specialists | |
| Warranty Deed | $950,000 | Title Specialists |
Source: NorthstarMLS
MLS Number: 6797086
APN: 10-117-23-31-0002
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