NOT LISTED FOR SALE

3085 N Shore Dr Wayzata, MN 55391

Estimated Value: $3,060,000 - $3,685,910

1.37 Acres
$2,487,575 Price per Acre
59,677 Sq Ft Lot

Sale Details

Date Sold: March 17, 2025

Last sale price $3,500,000

Est. 3% decrease in value since last sale

Current estimated payment $21,033 / mo

174 Days on Market

Highlights

  • 164 Feet of Waterfront
  • Schumann Elementary School Rated A-
  • No HOA

About This Lot

As of March 2025

The charming 1920s-built house on this property is livable but in need of repairs and renovation, and is presumed that it may be torn down. This presents the perfect opportunity to build your dream home on this stunning 1.37 acre, south-facing lot on Lake Minnetonka's picturesque Crystal Bay. Enjoy the privacy of this level, park-like setting that features over 160' of rip-rapped, sandy shoreline and an abundance of mature trees. Take in the sweeping, unobstructed views of the Lafayette Club and Arcola Bridge just across the bay. The dock and slip are included, so jump in your boat for a scenic ride to nearby destinations like Fletcher's, Wayzata, and Excelsior, or just cruise the endless shoreline of this magnificent lake. And if you're looking for beauty and tranquility, cross the Maxwell Bay Bridge to Noerenberg Gardens for an afternoon stroll along perennial and shrub lined paths. Plus Ridgedale Center is just a quick drive away for excellent shopping and dining options. Don't miss this exceptional opportunity to build your lakeside retreat on this premier lot and live the dream on spectacular Crystal Bay.

Last Agent to Sell the Property

William Frith

White Companies, Inc Listed on: 08/21/2024

Last Buyer's Agent

Mike Sowers

Commercial Investors Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,546

Year Built

  • Built in 1920

Parking

  • 2 Car Garage

Lot Details

  • Lot Dimensions are 172x369x164x360
  • 164 Feet of Waterfront
  • Lake Front
  • Few Trees

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0911723320015

Property Details

Property Type

Land

Est. Annual Taxes

$30,546

Year Built

Built in 1920

Parking

2

Listing Details

  • Type: Land
  • Garage Spaces: 2
  • Development Status: Other
  • Year Built: 1920
  • FractionalOwnershipYN: No
  • Improvements: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Boat Slip,Dock,Survey Stakes
  • Basement YN: No

Exterior Features

  • View: Bay, Golf Course, Lake, Panoramic, South
  • Lake Bottom: Sand
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 164

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Other Available, Private Well Connected, Sewer Connected, Phone Connected
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 9524498305

Lot Info

  • Topography: Level
  • Lot Size: 172x369x164x360
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0911723320015
  • Tax Annual Amount: 30546
  • TaxWithAssessments: 30546

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Mar 17, 2025
Sold by
Bought by
Seller's Agent
William Frith
White Companies, Inc
Buyer's Agent
Mike Sowers
Commercial Investors Group LLC
List Price
$3,600,000
Sold Price
$3,500,000
Premium/Discount to List
-$100,000
-2.78%
Views
11
Current Estimated Value
$3,407,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,022
Avg. Annual Appreciation
-2.16%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Bought by

Purchase Details

Closed on
May 1, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,500,000 Title Specialists
$500 None Listed On Document
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $3,500,000 0.0% --
02/11/2025 02/11/25 Pending -- -- --
01/10/2025 01/10/25 Off Market $3,500,000 -- --
01/07/2025 01/07/25 For Sale $3,600,000 +2.9% --
12/21/2024 12/21/24 Off Market $3,500,000 -- --
10/10/2024 10/10/24 Pending -- -- --
09/22/2024 09/22/24 Off Market $3,500,000 -- --
08/21/2024 08/21/24 For Sale $3,600,000 -- --
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,717 $2,755,700 $2,745,700 $10,000
2023 $30,546 $2,755,700 $2,745,700 $10,000
2022 $25,675 $2,506,000 $2,496,000 $10,000
2021 $24,340 $2,060,000 $2,050,000 $10,000
2020 $23,035 $1,963,000 $1,953,000 $10,000
2019 $22,816 $1,785,000 $1,775,000 $10,000
2018 $23,290 $1,742,000 $1,732,000 $10,000
2017 $23,676 $1,750,000 $1,740,000 $10,000
2016 $23,307 $1,723,000 $1,713,000 $10,000
2015 $19,703 $1,471,000 $1,461,000 $10,000
2014 -- $1,436,000 $1,435,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6590322

NorthstarMLS

APN: 09-117-23-32-0015

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