Sally Scrimgeour
eXp Realty
(612) 441-2500
186 Total Sales
2 in Wayzata
$591K - $1.2M Price Range
550 Waycliffe Dr N Wayzata, MN 55391
Wayzata AreaEstimated Value: $1,375,614
3
Beds
2.5
Baths
3,505
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Lake Front
- Deck
- End Unit
- Beach Access
- 2 Fireplaces
- Stainless Steel Appliances
About This Home
As of May 2026Premier luxury one level living townhome in the sought after Waycliffe community in Wayzata. Positioned at the end of a secluded cul de sac with expansive views of Gleason Lake. This lot is undoubtable one of the best in the community! The main level features refined one level living offering both elegance and comfort. The updated kitchen is complete with plenty of built ins along with an upholstered dining spot to enjoy the beautiful lake views. The lower level has a cozy sophistication which exudes country club vibes. Walk out in privacy to enjoy the flat yard, gardens and picturesque lake. New furnace, air conditioner and air exchanger. Get ready to enjoy this wonderful community and lifestyle in Waycliffe!
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,663
Year Built
- Built in 1995
Lot Details
- Lot Dimensions are 15x55x82x48x118
- Lake Front
- End Unit
- Few Trees
HOA Fees
- $810 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
Home Design
- Poured Concrete
- Stone Exterior Construction
- Cement Board or Planked
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Gas Fireplace
- Dining Room
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Beach Access
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Water Filtration System
- Water Softener is Owned
Community Details
- Association fees include building exterior, dock, lawn care, ground maintenance, professional mgmt, shared amenities, snow removal
- Gassen Management Association, Phone Number (952) 922-5575
- Waycliffe Subdivision
Listing and Financial Details
- Assessor Parcel Number 0511722210012
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
Feb 19, 2026
Closed on
Apr 28, 2026
Sold by
Bought by
Seller's Agent
Lynn Reiners
Compass
Buyer's Agent
James Paddon
Fazendin REALTORS
List Price
$1,499,000
Sold Price
$1,359,000
Premium/Discount to List
-$140,000
-9.34%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,614
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,087,200
Outstanding Balance
$1,085,124
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$290,491
Purchase Details
Closed on
Jan 19, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 13, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wayzata, MN
-
Sally Scrimgeour
-
Troy Koenig
Troy Koenig
Coldwell Banker Realty
(763) 343-8910
76 Total Sales
2 in Wayzata
$1.8M - $7M Price Range
-
Scott Stabeck
Scott Stabeck
Coldwell Banker Realty
(612) 712-7694
181 Total Sales
9 in Wayzata
$569K - $2.3M Price Range
-
Pete Ice
Pete Ice
Edina Realty, Inc.
(952) 222-0221
118 Total Sales
7 in Wayzata
$215K - $2.1M Price Range
-
Adam Bury
Adam Bury
Coldwell Banker Realty
(612) 260-4528
64 Total Sales
1 in Wayzata
$1,525,000 Price
-
Timothy Thompson
Timothy Thompson
Coldwell Banker Realty
(952) 234-7438
35 Total Sales
1 in Wayzata
$219,000 Price
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 |
|---|---|---|---|
| $1,359,000 | All American Title Company | ||
| $789,000 | Burnet Title | ||
| $517,085 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,087,200 | ||
| Previous Owner | $631,200 |
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 |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | Sold | $1,359,000 | -9.3% | $388 / Sq Ft |
| 04/03/2026 04/03/26 | Pending | -- | -- | -- |
| 03/20/2026 03/20/26 | For Sale | $1,499,000 | 0.0% | $428 / Sq Ft |
| 03/12/2026 03/12/26 | Pending | -- | -- | -- |
| 03/02/2026 03/02/26 | Price Changed | $1,499,000 | -3.3% | $428 / Sq Ft |
| 02/20/2026 02/20/26 | For Sale | $1,550,000 | -- | $442 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $13,610 | $1,118,300 | $600,000 | $518,300 |
| 2024 | $11,542 | $987,100 | $478,000 | $509,100 |
| 2023 | $10,537 | $942,900 | $430,000 | $512,900 |
| 2022 | $10,827 | $839,000 | $350,000 | $489,000 |
| 2021 | $10,551 | $844,000 | $420,000 | $424,000 |
| 2020 | $11,335 | $827,000 | $420,000 | $407,000 |
| 2019 | $11,231 | $853,000 | $420,000 | $433,000 |
| 2018 | $11,098 | $843,000 | $420,000 | $423,000 |
| 2017 | $11,825 | $865,000 | $465,000 | $400,000 |
| 2016 | $11,801 | $838,000 | $365,000 | $473,000 |
| 2015 | $11,272 | $784,000 | $350,000 | $434,000 |
| 2014 | -- | $660,000 | $260,000 | $400,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Reiners
Seller's Agent in 2026
Lynn Reiners
Compass
(612) 817-3597
54 Total Sales
-
James Paddon
J
Buyer's Agent in 2026
James Paddon
Fazendin REALTORS
(612) 868-3814
17 Total Sales
Map
Source: NorthstarMLS
MLS Number: 7023262
APN: 05-117-22-21-0012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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