$14,900,000
NEW CONSTRUCTION

555 Bushaway Rd Wayzata, MN 55391

Estimated payment $89,938/month

Total Views 32,556
6 Beds
7.5 Baths
7,300 Sq Ft
$2,041 Price per Sq Ft

Highlights

  • 240 Feet of Waterfront
  • New Construction
  • 118,483 Sq Ft lot
  • Gleason Lake Elementary School Rated A
  • Lake View
  • 2 Fireplaces

About This Home

This stunning modern to-be-built home by Hendel Homes in collaboration with James McNeal Architecture & Design is set on one of the most sought-after sites on Lake Minnetonka. The property spans 2.72 acres with 240 feet of level, west-facing shoreline, providing sweeping sunset views over Wayzata Bay. Ideally located with walking paths leading to downtown Wayzata, this is a rare opportunity to design and build your dream home. The property is open to all builders and architects. An adjacent property is also available for purchase, allowing for a combined total of 6.34 acres and 540 feet of lakeshore. Showings are by appointment only.

Listing Agent

David Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122 Listed on: 10/26/2024

Coldwell Banker Realty

Co-Listing Agent

George Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $91,780

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2.72 Acre Lot
  • 240 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 7,300 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Lake Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by HENDEL HOMES

Listing and Financial Details

  • Assessor Parcel Number 0811722230015

Home Details

Home Type

Single Family

Est. Annual Taxes

$91,780

Year Built

Built in 2024 | New Construction

Lot Details

0

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
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 7300
  • Water Body Name: Minnetonka
  • Unit Levels: One and One Half
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-250-0122
  • Attribution Contact: 952-250-0122
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 7300
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 4

Exterior Features

  • View: Lake, Panoramic, West
  • Lake Acres: 14205
  • Lake Bottom: Hard,Sand,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 240

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 1025

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 464x265x486x239L
  • Lot Size Sq Ft: 118483.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 192308
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0811722230015
  • Tax Annual Amount: 91780
  • TaxWithAssessments: 91780.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2021 $68,957 $4,827,000 $4,827,000 $0
2020 $68,515 $4,827,000 $4,827,000 $0
2019 $51,212 $4,595,000 $4,043,000 $552,000
2018 $53,290 $3,565,000 $2,995,000 $570,000
2017 $54,837 $3,598,000 $2,995,000 $603,000
2016 $49,029 $3,157,000 $2,602,000 $555,000
2015 $49,546 $3,157,000 $2,602,000 $555,000
2014 -- $3,157,000 $2,602,000 $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2024 10/26/24 For Sale $14,900,000 +86.4% $2,041 / Sq Ft
09/27/2024 09/27/24 Price Changed $7,995,000 -3.1% --
05/04/2024 05/04/24 For Sale $8,250,000 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $8,560,160 None Available
Land Contract $6,439,839 None Available
Warranty Deed $4,646,900 Guaranty Title Inc
Quit Claim Deed -- None Available
Trustee Deed $172,117 None Available
Deed $6,439,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $400,000 Land Contract Argmt. Of Sale
Open $5,000,000 New Conventional
Source: Public Records

Similar Home in Wayzata, MN

  • 535 Bushaway Rd, Wayzata, MN 55391

    $16,900,000

    • 5 Beds
    • 6.5 Baths
    • 7,500 Sq Ft
    • 535 Bushaway Rd
    • Wayzata, MN

    Modern European to-be-built masterpiece by John Kraemer & Sons and envisioned by James McNeal Architecture & Design, is set on one of Lake Minnetonka’s most coveted sites. Nestled on 3.62 acres with 300 feet of gradual sloping, west-facing shoreline, the property offers breathtaking sunset vistas over Wayzata Bay. Ideally located with walking paths leading to downtown Wayzata, this is a rare

    David Stickney Coldwell Banker Realty

    Section Image

Source: NorthstarMLS

MLS Number: 6622387

NorthstarMLS

APN: 08-117-22-23-0007