$1,895,000
PENDING $200K PRICE DROP

4236 Heathcote Rd Wayzata, MN 55391

Estimated payment $12,477/month

Total Views 15,473
5 Beds
5.5 Baths
5,464 Sq Ft
$347 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • Deephaven Elementary School Rated A
  • Main Floor Primary Bedroom
  • Built-In Double Oven

About This Home

Set along one of Deephaven’s most quietly admired streets, this timeless residence on Heathcote Road captures a rare balance of classic architecture and livable design. Framed by a two-acre, tree-lined setting, the home unfolds with a sense of calm permanence—where elegance has been allowed to exist, uninterrupted, and intentional. The architecture reflects a refined, traditional sensibility—graceful in proportion, welcoming in presence—while the interiors offer a more fluid, updated, natural flow. A main-level primary suite anchors the home, complimented by four additional bedrooms on the upper level, creating both privacy and natural separation of space.
At its heart, a richly appointed library/den—wrapped in natural wood built-ins and centered around a fireplace—offers a rare, intimate retreat. An open kitchen flows seamlessly into a window lined family room with fireplace, creating a warm, light-filled gathering space for everyday living. Formal dining provides a setting for more curated gatherings, while the home’s lower level expands into an exercise room and entertainment space designed for everyday living.
Outdoors, the experience is equally compelling. A beautifully integrated pool and patio sit within the privacy of mature trees, creating a setting that feels both expansive and secluded. Located within the Minnetonka School District and complete with a three-car garage /electric charging option - this is a home that speaks quietly—but with lasting impact.
A legacy home, in a classic setting—where architecture, landscape , and atmosphere align effortlessly.

Listing Agent

Bonnie Velie

Coldwell Banker Realty Brokerage Phone: 6129647865 Listed on: 04/17/2026

Coldwell Banker Realty

Co-Listing Agent

Charles Velie

Coldwell Banker Realty Brokerage Phone: 6129647865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,625

Year Built

  • Built in 1966

Lot Details

  • Property has an invisible fence for dogs
  • Irregular Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Heated Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Chandelier
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System
  • Well
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Heathcote Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1911722310011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,625

Year Built

Built in 1966

Lot Details

1.98 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Shakes
  • Garage Spaces: 3
  • Accessibility Features: Other
  • Fireplaces: 4
  • Water Source: Well
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 4430
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6129647865
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Other, Range, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area: 5464
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1034
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Other
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: Invisible
  • Foundation Details: Block
  • PatioPorchType: Patio, Terrace

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Main Level
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Exercise Room, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Other, Patio, Panoramic View, Security System, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet, Walk-Up Attic

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 86,441
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1911722310011
  • Tax Annual Amount: 27625
  • TaxWithAssessments: 27625

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $27,625 $2,131,200 $509,600 $1,621,600
2024 $25,232 $1,991,900 $478,400 $1,513,500
2023 $23,938 $1,985,500 $478,400 $1,507,100
2022 $18,805 $1,740,000 $395,000 $1,345,000
2021 $18,728 $1,420,000 $314,000 $1,106,000
2020 $19,502 $1,415,000 $314,000 $1,101,000
2019 $18,446 $1,415,000 $312,000 $1,103,000
2018 $16,400 $1,350,000 $312,000 $1,038,000
2017 $16,542 $1,203,000 $312,000 $891,000
2016 $16,009 $1,148,000 $352,000 $796,000
2015 $15,307 $1,089,000 $293,000 $796,000
2014 -- $996,000 $244,000 $752,000
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
07/02/2026 07/02/26 Pending -- -- --
06/11/2026 06/11/26 Price Changed $1,895,000 -5.0% $347 / Sq Ft
05/14/2026 05/14/26 Price Changed $1,995,000 -4.8% $365 / Sq Ft
04/17/2026 04/17/26 For Sale $2,095,000 -- $383 / Sq Ft
Source: NorthstarMLS

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 Type Sale Price Title Company
Quit Claim Deed $500 None Listed On Document
Warranty Deed $1,200,000 --
Warranty Deed $375,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7041969

NorthstarMLS

APN: 19-117-22-31-0011

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