$1,250,000
SOLD JUN 20, 2025

700 Hillside Dr Wayzata, MN 55391

5 Beds
5.5 Baths
5,528 Sq Ft
237,402 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

4% Below List Price

72 Days on Market

Highlights

  • Second Kitchen
  • Heated In Ground Pool
  • Deck
  • Schumann Elementary School Rated A-
  • 237,402 Sq Ft lot
  • Wood Burning Stove

About This Home

As of June 2025

Fantastic opportunity to own gorgeous 5.5 acre property just 2 minutes from downtown Wayzata. Sanctuary feel with heated, saltwater in ground pool, overlooking Ferndale Marsh, super private estate like setting with lots of trees. Large triple "A" frame home custom designed by Lampert Walling. Enjoy 2 story vaulted ceilings in great room, 3 main floor bedrooms & baths, upper level primary suite with amazing views, catwalk overlooking great room below, library on catwalk, finished loft and additional storage space or option to finish more sq ft over the garage. The lower level features a private apartment (kitchen, great room, bedroom, bathroom, laundry, separate utilities & entrance), recreational room, office and large storage space under the garage. Move in as is, remodel or rebuild in this perfect location. 3 parcels are included. Talk to city of Wayzata for potential options.

Last Agent to Sell the Property

Alisa Piazza

Coldwell Banker Realty Brokerage Phone: 612-751-0976 Listed on: 02/05/2025

Coldwell Banker Realty

Last Buyer's Agent

Jeff Geisinger

Luke Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,742

Year Built

  • Built in 1970

Lot Details

  • 5.45 Acre Lot
  • Irregular Lot
  • Many Trees
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft

Kitchen

  • Second Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Storage

Outdoor Features

  • Heated In Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association
  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0211723410012

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,742

Year Built

Built in 1970

Lot Details

5.45 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Private, Well
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 3656
  • Water Body Name: Ferndale Marsh
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Attribution Contact: 612-751-0976
  • Attribution Contact: 612-751-0976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Storage Space, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room, Other, Wood Burning Stove
  • Living Area: 5528
  • Below Grade Finished Sq Ft: 1872
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Loft, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Laundry, Office, Kitchen- 2nd

Beds/Baths

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

Exterior Features

  • Roof: Shake, Age Over 8 Years, Pitched
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • PatioPorchType: Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Panoramic View,Security System,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 00
  • Lot Size Sq Ft: 237402
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0211723410012
  • Tax Annual Amount: 12742
  • TaxWithAssessments: 12742.0000

Multi Family

  • WaterfrontFeatures: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Jun 18, 2025
Sold by
Dr Zorba Revocable Trust and Peterson Lori Charlene
Bought by
Heit Derek C and Heit Jennifer D
Seller's Agent
Alisa Piazza
Coldwell Banker Realty
Buyer's Agent
Jeff Geisinger
Luke Team Real Estate
List Price
$1,299,999
Sold Price
$1,250,000
Premium/Discount to List
-$49,999
-3.85%
Views
181
Current Estimated Value
$1,549,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,587
Avg. Annual Appreciation
38.48%
Original Mortgage
$806,500
Outstanding Balance
$803,758
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$745,829

Purchase Details

Listed on
Feb 5, 2025
Closed on
May 23, 2025
Sold by
Gharagozloo Shahab Yousef
Bought by
Dr Zorba Revocable Trust
Seller's Agent
Alisa Piazza
Coldwell Banker Realty
Buyer's Agent
Jeff Geisinger
Luke Team Real Estate
List Price
$1,299,999
Sold Price
$1,250,000
Premium/Discount to List
-$49,999
-3.85%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,500
Outstanding Balance
$803,758
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$745,829

Purchase Details

Closed on
Nov 4, 2021
Sold by
Peterson Lon
Bought by
Peterson Lon Charlene and Zorba Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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 $1,220,588 Burnet Title
Quit Claim Deed $500 Burnet Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $806,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $1,250,000 -3.8% $226 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,299,999 -- $235 / Sq Ft
Source: NorthstarMLS

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
2024 $8,992 $816,400 $245,000 $571,400
2023 $8,634 $817,300 $235,000 $582,300
2022 $7,571 $703,000 $198,000 $505,000
2021 $7,433 $639,000 $198,000 $441,000
2020 $7,341 $633,000 $198,000 $435,000
2019 $6,776 $600,000 $188,000 $412,000
2018 $6,843 $550,000 $188,000 $362,000
2017 $6,569 $517,000 $170,000 $347,000
2016 $6,403 $504,000 $173,000 $331,000
2015 $6,448 $504,000 $173,000 $331,000
2014 -- $473,000 $160,000 $313,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6657992

NorthstarMLS

APN: 02-117-23-41-0012

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