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345 Margaret Circle, Wayzata, MN 55391

$2,612,839

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,042 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $2,612,839 List Date: 5/26/2023 Last Modified: 8/07/2025

Overview

Description

TO BE BUILT: Exceptional opportunity to build the house of your dreams in Wayzata. This lovely homesite is situated on a 1 acre lot surrounded by trees and nature. The gorgeous setting in collaboration with a stunning custom home built by award winning builder Custom One Homes is sure to check all of the boxes! Custom One is known for creating timeless homes with luxurious design elements, functionality & extraordinary crafstmanship delivered with the utmost of integrity. Still time to custom cuild your own home. Welcome to your new home!

Listing Details MLS# 6375454

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Year Built: 1956
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1544
Above Grd Total SqFt: 3521
Below Grd Total SqFt: 1521
Total SqFt: 5042
Total Finished Sqft: 3397.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1545
Garage Stalls: 3
Lot Dimensions: 70x75.36x209.56x205.65x314.5
Acres: Yes
Assessment Pending: Unknown
# Carport Spaces: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Primary Bedroom Walk-In Closet; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Dishwasher; Disposal; Energy Star Appliances; Microwave; Range; Refrigerator; Washer; Wine Cooler Bath Description: 3/4 Jack & Jill; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Status: To Be Built/Floor Plan Dining Room Description: Breakfast Bar; Informal Dining Room Exterior: Cement Board Family Room Characteristics: Family Room; Lower Level Financing Terms: Conventional Fireplace Characteristics: Electric; Family Room; Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room; Upper Level Lot Description: Tree Coverage - Medium Parking Characteristics: Insulated Garage Sewer: City Sewer/Connected Special Search: 4 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2023-11-16
Contingency: None
Closed Date: 2024-07-29
Original List Price: 2650000
Sales Close Price: 2612839
ListPrice: 2650000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 345
Street Name: Margaret
Street Suffix: Circle
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Fazendins Add To Wayzata

Assessments

Tax With Assessments: 6970
Assessment Balance: 0

Builder Information

Builder ID: CUSTOM ONE HOMES
Builder License Number: 1299
Builder Name: CUSTOM ONE HOMES

More Information

Building Information

Finished SqFt Above Ground: 2146
Finished SqFt Below Ground: 1251

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 31x23
Garage Square Feet: 713
Insulated Garage: Yes

Public Survey Info

Range#: 22
Section#: 31
Township#: 118

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 008 BLOCK 001 FAZENDINS ADDN TO WAYZATA
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
Rental License?: No
School District: Wayzata
School District Phone: 763-745-5000
Zip Plus 4: 1013
Property ID Number: 3111822340009
Tax Year: 2022
Tax Amount: 6970
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: TO BE BUILT: Exceptional opportunity to build the house of your dreams in Wayzata. This lovely homesite is situated on a 1 acre lot surrounded by trees and nature. The gorgeous setting in collaboration with a stunning custom home built by award winning builder Custom One Homes is sure to check all of the boxes! Custom One is known for creating timeless homes with luxurious design elements, functionality & extraordinary crafstmanship delivered with the utmost of integrity. Still time to custom cuild your own home. Welcome to your new home!
Directions: FERNDALE TO RIDGEVIEW DR EAST TO MARGARET CIRCLE

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Primary Bedroom Walk-In Closet: Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Energy Star Appliances: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Wine Cooler: Yes

Bath Description

3/4 Jack & Jill: Yes
Main Floor 1/2 Bath: Yes
Upper Level 3/4 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Status

To Be Built/Floor Plan: Yes

Dining Room Description

Breakfast Bar: Yes
Informal Dining Room: Yes

Exterior

Cement Board: Yes

Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Electric: Yes
Family Room: Yes
Gas Burning: Yes
Living Room: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes
Upper Level: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Screened: Yes

Sewer

City Sewer/Connected: Yes

Special Search

4 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Athletic Court	30x60	Lower
Flex Room	11x11.6	Lower
Bar/Wet Bar Room	15x12	Lower
Game Room	15x12	Lower
Fourth (4th) Bedroom	13x13.6	Upper
Third (3rd) Bedroom	13x13.6	Upper
Second (2nd) Bedroom	11.6x13	Upper
First (1st) Bedroom	17.6x17.6	Upper
Office	11.6x11	Main
Family Room	19x18	Lower
Dining Room	15x13	Main
Kitchen	19x11	Main
Living Room	19x18	Main

Listing Office: Keller Williams Premier Realty Lake Minnetonka

Last Updated: August - 07 - 2025

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.