NOT LISTED FOR SALE

940 Brown Rd S Wayzata, MN 55391

Estimated Value: $1,442,535 - $1,491,000

6 Beds
4 Baths
3,870 Sq Ft
$381/Sq Ft Est. Value

About This Home

Nestled just minutes west of Wayzata, this sprawling 10-acre homestead offers a secluded escape with convenient access to I-394 and I-494, making it your private sanctuary just moments from the city. Embrace the unparalleled outdoor lifestyle this property offers with stunning, long views of the Lake Minnetonka wetlands leading to Tanager Bay, and direct access to the nearby Dakota Trails for hiking and biking adventures. Whether you're hosting lively gatherings or enjoying peaceful solitude, this property delivers. The natural beauty of the property comes alive with the spring chorus of frogs, followed by the arrival of ducks, geese, and fireflies dancing in the twilight. Imagine cozy evenings by a crackling bonfire, feeling like you're nestled in the Northwoods, a welcome contrast to city living. The private pond becomes a winter wonderland for pond hockey enthusiasts. Beyond the natural beauty, this property features a truly special historic barn with an open loft bursting with character and a quaint guest area offering comfort with two inset beds, a kitchenette, and bath. Don't miss this exceptional property – visit today to experience its unique charm and potential.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2011
Sold by
Foster Timothy D
Bought by
Foster Jeffrey A and Foster Lucy T
Current Estimated Value
$1,478,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$285,893
Interest Rate
4.59%
Mortgage Type
New Conventional
Estimated Equity
$1,190,241

Purchase Details

Closed on
Jul 31, 2009
Sold by
Johnston Catherine Crowder
Bought by
Foster Timothy D and Foster Teresa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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

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
Foster Jeffrey A $860,000 Stewart Title Of Minnesota
Foster Timothy D $860,000 --
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 Foster Jeffrey A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 For Sale $1,499,000 -- --

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 $12,716 $1,155,700 $727,500 $428,200
2023 $11,931 $1,128,100 $693,800 $434,300
2022 $10,140 $1,016,000 $619,000 $397,000
2021 $9,807 $865,000 $544,000 $321,000
2020 $10,066 $841,000 $521,000 $320,000
2019 $9,816 $827,000 $506,000 $321,000
2018 $9,953 $797,000 $488,000 $309,000
2017 $9,765 $771,000 $473,000 $298,000
2016 $9,260 $736,000 $458,000 $278,000
2015 $9,076 $724,000 $458,000 $266,000
2014 -- $724,000 $458,000 $266,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2026

    Kenneth Chermak

    RE/MAX Results

    (612) 366-8741

    3 in this area

    8 Total Sales

    Kenneth Chermak
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Map

Minnesota Hennepin County Wayzata 55391

940 Brown Rd S, Wayzata, MN

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.

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