$3,700,000
SOLD APR 14, 2025

530 Locust Hills Dr Wayzata, MN 55391

4 Beds
4.5 Baths
5,050 Sq Ft
0.28 Acres

Recently Sold

$733 Per Sq Ft

2% Above List Price

25 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Lake View
  • Gleason Lake Elementary School Rated A
  • Beach
  • Clubhouse

About This Home

As of April 2025

Introducing this stunning custom Denali build located in the highly sought after Locust Hills neighborhood. Elegant design meets excellent craftsmanship in this sprawling rambler, providing one-level living at its finest. Entertain your guests in your chef's kitchen while taking in panoramic nature views overlooking Lake Minnetonka. With high-end built-ins, vaulted ceilings, and full lower level wet bar, this home is sure to impress. Cozy up in your four season porch featuring stone fireplace and attached deck. Walk to downtown Wayzata for a bite to eat or jump on your boat from your private dock within steps of your home. Homeowners enjoy access to a beautiful clubhouse and pool, complimenting this luxurious lifestyle. Located in the award-winning Wayzata school district, this property offers it all.

Last Agent to Sell the Property

Kathleen Fowke

Lakes Sotheby's International Listed on: 02/12/2025

Lakes Sotheby's International

Co-Listed By

Ryan Weber

Lakes Sotheby's International

Last Buyer's Agent

Beth Ulrich

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,809

Year Built

  • Built in 2016

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 94x121x121x111

HOA Fees

  • $1,548 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Game Room with Fireplace
  • Lake Views

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Porch

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0811722210022

Community Details

Overview

  • Association fees include beach access, dock, lawn care, professional mgmt, recreation facility, shared amenities, snow removal
  • Locust Hills HOA, Phone Number (763) 225-6400
  • Locust Hills Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,809

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,548 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Boat Slip, Dock
  • Fee Frequency: Monthly
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 2674
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Stone
  • Living Area: 5050
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2376
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Pantry (Walk-In), Office, Laundry, Mud Room, Porch, Walk In Closet, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room
  • Shared Rooms: Club House

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • PoolFeatures: Shared
  • PatioPorchType: Deck,Porch
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 736

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Lawn Care, Professional Mgmt, Recreation Facility, Shared Amenities, Snow Removal
  • Phone: 763-225-6400
  • Association Fee: 1548
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Locust Hills HOA

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 94x121x121x111
  • Lot Size Sq Ft: 12196.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0811722210022
  • Tax Annual Amount: 39809
  • TaxWithAssessments: 39809.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Apr 9, 2025
Sold by
Rene L Zona Revocable Trust and Zona Rene L
Bought by
Jaw Revocable Trust and Nww Revocable Trust
Seller's Agent
Kathleen Fowke
Lakes Sotheby's International
Buyer's Agent
Beth Ulrich
Compass
List Price
$3,645,000
Sold Price
$3,700,000
Premium/Discount to List
$55,000
1.51%
Views
57
Current Estimated Value
$3,717,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,556
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jul 10, 2024
Sold by
Zona Rene L
Bought by
Rene L Zona Revocable Trust and Zona

Purchase Details

Closed on
Sep 11, 2020
Sold by
Anderson David L
Bought by
Zona Richard A and Zona Rene L

Purchase Details

Closed on
Feb 5, 2016
Sold by
Wayzata Bay Partners Llc
Bought by
Anderson David L and Auclair Sheri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,257,569
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 31, 2015
Sold by
Locust Hills Development Llc
Bought by
Locust Hills Homeowners Association Inc

Purchase Details

Closed on
Jan 27, 2015
Sold by
Doering Kelly L and Doering Thomas A
Bought by
Wayzata Bay Partners Llc

Purchase Details

Closed on
May 31, 2013
Sold by
Woodrow Kenneth B and Woodrow Nancy C
Bought by
Doering Kelly L and Doering Thomas A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,700,000 Executive Title
Warranty Deed -- None Listed On Document
Warranty Deed $2,700,000 Burnet Title
Warranty Deed $900,000 Carver County Abstract & Tit
Quit Claim Deed -- None Available
Deed $830,000 Burnet Title
Trustee Deed $815,294 Burnet Title
Deed $840,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,775,000 New Conventional
Previous Owner $2,440,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,360,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,257,569 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $3,700,000 +1.5% $733 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $3,645,000 -- $722 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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
2023 $39,809 $3,331,100 $1,632,000 $1,699,100
2022 $35,127 $2,875,000 $1,208,000 $1,667,000
2021 $39,621 $2,545,000 $1,111,000 $1,434,000
2020 $37,439 $2,875,000 $1,467,000 $1,408,000
2019 $35,562 $2,625,000 $1,198,000 $1,427,000
2018 $35,719 $2,489,000 $1,064,000 $1,425,000
2017 $12,615 $917,000 $862,000 $55,000
2016 $11,497 $733,000 $733,000 $0
2015 $10,742 $666,000 $666,000 $0
2014 -- $620,000 $620,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6658834

NorthstarMLS

APN: 08-117-22-21-0022