560 Big Island, Wayzata, MN 55391

$1,487,750
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,450 Lot Size (sq. ft.): 145,055 Status: Closed
Current Price: $1,487,750 List Date: 7/03/2025 Last Modified: 7/20/2026

Overview

Description

Lake Minnetonka living at its finest on Big Island. Thoughtfully updated, this exceptional retreat offers open-concept living with floor-to-ceiling windows that frame stunning lake views. The interior evokes a clean, coastal feel with timeless nautical touches throughout. Chef’s kitchen features professional-grade appliances and sleek finishes, ideal for entertaining. Three spacious bedrooms with ensuite baths provide comfort and flexibility, including an impressive upper-level suite boasting panoramic views. The lower level offers a large family room, and custom built-in bunks perfect for guests. Enjoy two expansive decks, a hot tub, and a lakeside fire pit, perfect for long summer evenings. With 320 feet of south-facing sandy shoreline, this property is a true playground for swimming, boating, and fishing. Whether you’re seeking a serene summer getaway or a year-round lakeside residence, this is the one.

Listing Details MLS# 6747957

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
3
Road Btwn WF & Home?
No
Waterfront Frontage
320
Waterfront YN
Yes
Year Built
2007
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Main Floor Total SqFt
1300
Above Grd Total SqFt
3150
Below Grd Total SqFt
1300
Total SqFt
4450
Total Finished Sqft
3900.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1300
Lot Dimensions
320 x 300 x 515 x 450
Acres
3.33
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Garage Stalls
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Geothermal Amenities Unit: Deck; Dock; Hot Tub; Porch; Tile Floors; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Freezer; Range; Refrigerator; Washer Basement: Concrete Block; Full Bath Description: Main Floor Full Bath; Upper Level Full Bath; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Elevation Highpoint to Waterfront Slope: Gradual Exterior: Engineered Wood; Shakes; Wood Family Room Characteristics: Lower Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Family Room; Living Room Foundation: Other Fuel: Other Heating: Forced Air; Geothermal Lake Details: Gravel; Sand Lot Description: Irregular Lot; Tree Coverage - Medium Parking Characteristics: Other Pool Description: None Road Frontage: None Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Private Sewer; Tank with Drainage Field Special Search: Main Floor Bedroom; Primary Bdr Suite Stories: Two Water: Well Waterfront Type: Lake Front Waterfront View: Bay; City Lights; Lake; South

Contract Information

Off Market Date
2025-07-17
Contingency
None
Closed Date
2025-07-18
Original List Price
1495000
Sales Close Price
1487750
ListPrice
1495000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
560
Street Name
Big Island
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Building Information

Finished SqFt Above Ground
3150
Finished SqFt Below Ground
750

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
10-15

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

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 004 KITCHELS SUBD GOVT LOTS 22-117-23 COM AT SW COR OF LOT 4 TH N 300 FT TH E TO W LINE OF LOT 3 TH SWLY ALONG SAID LINE TO LAKE MTKA TH W TO BEG
Listing City
Orono
Map Page
117
Municipality
Orono
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Country
US
Property ID Number
2211723310002
Tax Year
2025
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Lake Minnetonka living at its finest on Big Island. Thoughtfully updated, this exceptional retreat offers open-concept living with floor-to-ceiling windows that frame stunning lake views. The interior evokes a clean, coastal feel with timeless nautical touches throughout. Chef’s kitchen features professional-grade appliances and sleek finishes, ideal for entertaining. Three spacious bedrooms with ensuite baths provide comfort and flexibility, including an impressive upper-level suite boasting panoramic views. The lower level offers a large family room, and custom built-in bunks perfect for guests. Enjoy two expansive decks, a hot tub, and a lakeside fire pit, perfect for long summer evenings. With 320 feet of south-facing sandy shoreline, this property is a true playground for swimming, boating, and fishing. Whether you’re seeking a serene summer getaway or a year-round lakeside residence, this is the one.
Directions
Boat access only to SW part of Big Island on Lake Minnetonka.

Accessible

None
Yes

Air Conditioning

Geothermal
Yes

Amenities Unit

Deck
Yes
Dock
Yes
Hot Tub
Yes
Porch
Yes
Tile Floors
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Basement

Concrete Block
Yes
Full
Yes

Bath Description

Main Floor Full Bath
Yes
Upper Level Full Bath
Yes
3/4 Basement
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Engineered Wood
Yes
Shakes
Yes
Wood
Yes

Family Room Characteristics

Lower Level
Yes

Fencing

None
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Family Room
Yes
Living Room
Yes

Foundation

Other
Yes

Fuel

Other
Yes

Heating

Forced Air
Yes
Geothermal
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Irregular Lot
Yes
Tree Coverage - Medium
Yes

Parking Characteristics

Other
Yes

Patio, Porch and Deck Features

Deck
Yes
Porch
Yes
Wrap Around
Yes

Pool Description

None
Yes

Road Frontage

None
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Private Sewer
Yes
Tank with Drainage Field
Yes

Special Search

Main Floor Bedroom
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

Well
Yes

Waterfront Type

Lake Front
Yes

Waterfront View

Bay
Yes
City Lights
Yes
Lake
Yes
South
Yes

Room Information

Room Name Dimensions Level
Office 7 x 10 Upper
Deck 32 x 20 Main
Deck 20 x 15 Lower
Living Room 22 x 20 Main
Dining Room 12 x 12 Main
Family Room 32 x 22 Lower
Kitchen 20 x 12 Main
First (1st) Bedroom 25 x 15 Upper
Second (2nd) Bedroom 15 x 12 Main
Third (3rd) Bedroom 15 x 12 Main
Media Room 14 x 12 Lower
IDX
Listing Office: Coldwell Banker Realty
Last Updated: July - 20 - 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.