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1365 Bracketts Point Road, Wayzata, MN 55391

$6,250,000

1365 Bracketts Point Road Color Survey Lot 1 Southways.png

Property Type: Land Lot Size (sq. ft.): 105,415 Status: Active

Current Price: $6,250,000 List Date: 6/26/2026 Last Modified: 7/09/2026

Overview

Description

With 2.42 acres of exclusive land on Bracketts Point, this rare west-facing lakeshore site offers 335 linear feet of prime Lake Minnetonka shoreline with sweeping panoramic views and unforgettable sunset exposures. The property is ideally configured for a walk-out custom home - offering a clean canvas for a world-class estate without teardown costs or renovation constraints. Bracketts Point is among the most prestigious addresses on Lake Minnetonka, a private peninsula neighborhood historically home to landmark estates. Properties here rarely come to market, and vacant lakeshore sites of this scale are essentially irreplaceable. The site is served by the award-winning Orono School District (#278) and is conveniently located near downtown Wayzata, the Dakota Rail Trail, and all Lake Minnetonka lifestyle amenities while maintaining the seclusion and grandeur befitting a legacy lakeshore estate.

Listing Details MLS# 7084861

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 335
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 248x460x313x129x203x60
Acres: 2.42
Lake/Waterfront Name: Minnetonka
Assessment Pending: No
Association Fee: 0

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Water Available Development Status: Raw Land Improvements: Curbs; Fence; Paved Streets; Public Road; Storm Sewer Lake Details: Gravel; Sand Land Inclusions: Platted; Survey Lock Box Type: None Lot Description: Accessible Shoreline; Tree Coverage - Medium Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Sellers Terms: Cash; Conventional Topography: Level; Sloped; Walkout Waterfront Type: Lake Front Waterfront View: Bay; Lake; Panoramic; West

Contract Information

Contingency: None
Original List Price: 6250000
ListPrice: 6250000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1365
Street Name: Bracketts Point
Street Suffix: Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Southways

Assessments

Tax With Assessments: 57063.84
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113
Gravel: Yes
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 11
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 001 BLOCK 001 SOUTHWAYS
Listing City: Wayzata
Map Page: 103
Municipality: Orono
School District: Orono
School District Phone: 952-449-8305
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 9258
Property ID Number: 1111723320022
Tax Year: 2026
Tax Amount: 57063.84
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: With 2.42 acres of exclusive land on Bracketts Point, this rare west-facing lakeshore site offers 335 linear feet of prime Lake Minnetonka shoreline with sweeping panoramic views and unforgettable sunset exposures. The property is ideally configured for a walk-out custom home - offering a clean canvas for a world-class estate without teardown costs or renovation constraints. Bracketts Point is among the most prestigious addresses on Lake Minnetonka, a private peninsula neighborhood historically home to landmark estates. Properties here rarely come to market, and vacant lakeshore sites of this scale are essentially irreplaceable. The site is served by the award-winning Orono School District (#278) and is conveniently located near downtown Wayzata, the Dakota Rail Trail, and all Lake Minnetonka lifestyle amenities while maintaining the seclusion and grandeur befitting a legacy lakeshore estate.
Directions: From Wayzata, head West on Shoreline Drive, turn South on Bracketts Point Road

Assumable Loan

Not Assumable: Yes

Development Status

Raw Land: Yes

Insurance Fee

Insurance Fee: 0

Lock Box Type

None: Yes

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Medium: Yes

Restriction/Covenants

None: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Storm Sewer: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Level: Yes
Sloped: Yes
Walkout: Yes

Waterfront Type

Lake Front: Yes

Waterfront View

Bay: Yes
Lake: Yes
Panoramic: Yes
West: Yes

Available Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
None Connected: Yes
Phone Available: Yes
Sewer Available: Yes
Water Available: Yes

Improvements

Curbs: Yes
Fence: Yes
Paved Streets: Yes
Public Road: Yes
Storm Sewer: Yes

Land Inclusions

Platted: Yes
Survey: Yes

Listing Office: Coldwell Banker Realty

Last Updated: July - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.