$3,150,000

480 Highcroft Rd Wayzata, MN 55391

Wayzata Area

Estimated payment $19,479/month

Total Views 1,790
6 Beds
4.5 Baths
3,934 Sq Ft
$801 Price per Sq Ft

Highlights

  • Deck
  • Living Room with Fireplace
  • Corner Lot
  • Gleason Lake Elementary School Rated A+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

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.

Listing Agent

Debbie McNally

Lakes Sotheby's International Listed on: 08/05/2026

Lakes Sotheby's International

Co-Listing Agent

Pamala Kaye-Williams

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,178

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 364x275x282
  • Corner Lot
  • Cleared Lot
  • Few Trees

Parking

  • 4 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Stucco Exterior

Interior Spaces

  • 3,934 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Highcroft Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723430024

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,178

Year Built

Built in 1955

Lot Details

1.21 Acres

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stucco
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 3934
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full, Storage Space, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Living Room, Other, Wood Burning
  • Living Area: 3934
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • Foundation Details: Block
  • PatioPorchType: Deck, Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Floor Drain, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Zoned
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Sink, Washer Hookup
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, In-Ground Sprinkler, Sun Room, Tile Floors, Washer/Dryer Hookup

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 7637455000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 364x275x282
  • Land Lease: No
  • Lot Features: Cleared, Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 0111723430024
  • Tax Annual Amount: 26178
  • TaxWithAssessments: 26178

Map

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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 $26,178 $2,072,700 $1,566,000 $506,700
2024 $22,618 $1,853,400 $1,355,000 $498,400
2023 $19,692 $1,689,800 $1,187,000 $502,800
2022 $17,013 $1,358,000 $900,000 $458,000
2021 $14,795 $1,277,000 $900,000 $377,000
2020 $14,738 $1,126,000 $750,000 $376,000
2019 $12,739 $1,084,000 $725,000 $359,000
2018 $12,617 $945,000 $605,000 $340,000
2017 $12,403 $903,000 $605,000 $298,000
2016 $12,585 $888,000 $595,000 $293,000
2015 $12,159 $839,000 $560,000 $279,000
2014 -- $741,000 $475,000 $266,000
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
08/05/2026 08/05/26 For Sale $3,150,000 -- $801 / 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
Quit Claim Deed $500 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $215,000 Commercial
Previous Owner $300,000 Credit Line Revolving
Previous Owner $146,124 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Source: NorthstarMLS

MLS Number: 7096221

NorthstarMLS

APN: 01-117-23-43-0024

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