535 Bushaway Road, Wayzata, MN 55391
$5,695,000
Property Type:
Land
Lot Size (sq. ft.):
90,169
Status:
Active
Current Price:
$5,695,000
List Date:
12/11/2025
Last Modified:
5/17/2026
Overview
Description
...
(Read more)
Set along one of the most coveted stretches of Lake Minnetonka shoreline, 535 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.07 acres with 200 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
Listing Details MLS# 6826162
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- No
- Road Btwn WF & Home?
- No
- Waterfront Frontage
- 200
- Waterfront Present
- Yes
- Yearly/Seasonal
- Yearly
- Zoning
- Shoreline, Residential-Single Family
- Lot Dimensions
- 436x206x400x203L
- Acres
- 2.07
- Lake/Waterfront Name
- Minnetonka
- Assessment Pending
- No
- Association Fee
- 0
Property Features
Available Utilities:
Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Water Available
Development Status:
Other
Elevation Highpoint to Waterfront Slope:
Gradual
Improvements:
Curbs; Paved Streets; Sidewalks; Storm Sewer
Lake Details:
Excellent Sand; Hard; Sand
Land Inclusions:
Easements; Soil Test Available; Survey; Torrens
Lot Description:
Additional Land Available; Tree Coverage - Medium
Property SubType:
Lake Property; Residential Lot
Road Frontage:
Curbs; Paved Streets; Sidewalks; Storm Sewer
Sellers Terms:
Cash; Conventional
Topography:
Walkout
Waterfront View:
Lake; Panoramic; West
Contract Information
- Contingency
- None
- Original List Price
- 5695000
- ListPrice
- 5695000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 535
- Street Name
- Bushaway
- Street Suffix
- Road
- Postal City
- Wayzata
- County
- Hennepin
- State
- MN
- Zip Code
- 55391
Assessments
- Tax With Assessments
- 63381
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Elevation Highpoint to Waterfront Feet
- Elevation Highpoint Waterfront Feet
- 10-15
Lake Details
- Lake Acres
- 14205
- Lake Depth
- 113
- Excellent Sand
- Yes
- Hard
- Yes
- Sand
- Yes
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 22
- Section#
- 08
- Township#
- 117
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- TBD
- Listing City
- Wayzata
- Map Page
- 104
- Municipality
- Wayzata
- School District
- Wayzata
- School District Phone
- 763-745-5000
- DNR Lake ID#
- 27013300
- DNR Lake Classification
- General Development
- Property ID Number
- 0811722230014
- Tax Year
- 2025
- Tax Amount
- 63381
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Set along one of the most coveted stretches of Lake Minnetonka shoreline, 535 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.07 acres with 200 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
- Directions
- Take Bushaway Road south of McGinty Road to 535 Bushaway Road driveway located on west side.
Development Status
- Other
- Yes
Elevation Highpoint to Waterfront Slope
- Gradual
- Yes
Insurance Fee
- Insurance Fee
- 0
Lake/Waterfront
- Dock
- Yes
- Lake Front
- Yes
- Lake View
- Yes
Lot Description
- Additional Land Available
- Yes
- Tree Coverage - Medium
- Yes
Restriction/Covenants
- Easements
- Yes
Road Frontage
- Curbs
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
- Storm Sewer
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Topography
- Walkout
- Yes
Waterfront View
- 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
- Paved Streets
- Yes
- Sidewalks
- Yes
- Storm Sewer
- Yes
Land Inclusions
- Easements
- Yes
- Soil Test Available
- Yes
- Survey
- Yes
- Torrens
- Yes
Property SubType
- Lake Property
- Yes
- Residential Lot
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: May - 17 - 2026
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