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516 Shadyway Road, Wayzata, MN 55391

$675,000

Welcome home to this classic Cape-Cod in Wayzata

Virtual Tour

https://tours.spacecrafting.com/n-ytkmvr

Front entry with the family room one side and the dining room on the other

Statement staircase leads to the upper-level, where all 3 bedrooms are located

The living room features natural light and refinished hardwood floors

Gather with friends and family in the living room with gas-burning fireplace

The stylish dining room features updated lighting fixtures and refinished hardwood floors

The dining room off the kitchen is set-up ideally to entertain

The remodeled kitchen includes new appliances, countertops, and cabinet doors

Light and bright primary bedroom with refinished hardwood floors

Primary bathroom with tiled walk-in shower

Third upper-level bedroom with two closets

Spacious upper-level bedroom with hardwood floors

Upper-level full bathroom shared by the 2 additional bedrooms

Upper-level deck overlooks the private backyard

Lowe-level walk-out family room with new door

Cozy lower-level family room with wood-burning fireplace

Lower-level bathroom with tiled walk-in shower

Spacious yard surrounded by mature trees

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,937 Lot Size (sq. ft.): 16,117 Status: Closed

Current Price: $675,000 List Date: 5/07/2026 Last Modified: 6/08/2026

Overview

Description

Ideally located less than one mile from downtown Wayzata and within the highly sought-after Wayzata School District, this classic Cape Cod–style home blends timeless charm with thoughtful updates. Enjoy close proximity to local parks and the Luce Line Trail, along with a spacious backyard surrounded by mature trees, a private upper-level balcony, and a patio perfect for relaxing or entertaining. Inside, the remodeled kitchen features updated cabinet fronts, countertops, and appliances, complemented by refinished hardwood floors, new windows and fresh paint throughout, and added wainscoting detail. The upper level includes a private primary suite with a ¾ bath and a bedroom over the garage with two closets, while the walk-out lower level offers an additional ¾ bath, laundry area with utility sink, ample storage, and a new exterior door. Two fireplaces provide warmth and character across both living spaces, completing this inviting home in an exceptional location. ***A new retaining ... (Read more)

Listing Details MLS# 7027564

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront Present: No
Year Built: 1958
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1150
Above Grd Total SqFt: 1787
Below Grd Total SqFt: 1150
Total SqFt: 2937
Total Finished Sqft: 2365.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 850
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 130x143x121x118
Acres: 0.37
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Deck; Hardwood Floors; Kitchen Window; Paneled Doors; Patio; Tile Floors; Washer/Dryer Hookup Appliances: Chandelier; Cooktop; Disposal; Dryer; Electronic Air Filter; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Drain Tiled; Full; Storage Space; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary; 1/2 Basement Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Wood Family Room Characteristics: Family Room; Lower Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Family Room; Gas Burning; Living Room; Wood Burning Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air; Other Internet Options: Cable Laundry: Gas Dryer Hookup; Lower Level; Washer Hookup Lock Box Type: Supra Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Cul De Sac; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2026-05-08
Contingency: None
Closed Date: 2026-06-05
Original List Price: 649900
Sales Close Price: 675000
ListPrice: 649900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 516
Street Name: Shadyway
Street Suffix: Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Shadyway Add To Wayzata

Assessments

Tax With Assessments: 4479
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1865
Finished SqFt Below Ground: 500

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 576
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 22
Section#: 06
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 003 BLOCK 001 SHADYWAY ADDN TO WAYZATA
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
Zip Plus 4: 1109
Property ID Number: 0611722110013
Tax Year: 2025
Tax Amount: 4479
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Ideally located less than one mile from downtown Wayzata and within the highly sought-after Wayzata School District, this classic Cape Cod–style home blends timeless charm with thoughtful updates. Enjoy close proximity to local parks and the Luce Line Trail, along with a spacious backyard surrounded by mature trees, a private upper-level balcony, and a patio perfect for relaxing or entertaining. Inside, the remodeled kitchen features updated cabinet fronts, countertops, and appliances, complemented by refinished hardwood floors, new windows and fresh paint throughout, and added wainscoting detail. The upper level includes a private primary suite with a ¾ bath and a bedroom over the garage with two closets, while the walk-out lower level offers an additional ¾ bath, laundry area with utility sink, ample storage, and a new exterior door. Two fireplaces provide warmth and character across both living spaces, completing this inviting home in an exceptional location. ***A new retaining wall is scheduled to be installed within the next 1-2 weeks.
Directions: 394 to 101-N, 1 block to Shadyway, W to home

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes
Deck: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Paneled Doors: Yes
Patio: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Appliances

Chandelier: Yes
Cooktop: Yes
Disposal: Yes
Dryer: Yes
Electronic Air Filter: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Drain Tiled: Yes
Full: Yes
Storage Space: Yes
Sump Pump: Yes

Bath Description

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

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Separate/Formal Dining Room: Yes

Electric

Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Fencing

None: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Wood Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes
Other: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes

Laundry

Gas Dryer Hookup: Yes
Lower Level: Yes
Washer Hookup: Yes

Lock Box Type

Supra: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Cul De Sac: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	12x13	Main
Family Room	13x23	Lower
First (1st) Bedroom	13x23	Upper
Kitchen	16x18	Main
Living Room	13x23	Main
Second (2nd) Bedroom	13x19	Upper
Third (3rd) Bedroom	11x13	Upper

Documents

Features & Improvements - 516 Shadyway R ›

Listing Office: Coldwell Banker Realty

Last Updated: June - 08 - 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.