355 Margaret Circle, Wayzata, MN 55391

Overview

Description

A rare opportunity awaits to build your dream home on a stunning .81-acre parcel, beautifully wooded on both sides with serene, private views overlooking a natural wetland. Nestled within the highly sought-after Margaret Circle neighborhood, you’ll enjoy a tranquil setting while remaining highly walkable to downtown Wayzata. This is truly one of the best lots available in Wayzata! This new construction project is build-exclusive to Gonyea Custom Homes. This custom residence is crafted for luxurious modern living, featuring an exceptional multi-level layout: The main level features a Primary Suite with an expansive bathroom/closet area, Office, Great Room, Gourmet Kitchen, Dining Room, Laundry, and ½ bath. Includes a Screen porch and Grilling Deck. The second level is designed with three generous Bedrooms, one with a ¾ ensuite bath, and a Jack & Jill bathroom adjoining the other two bedrooms. The lower level walk-out is dedicated to recreation, featuring a large Family Room, Game ... (Read more)

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Year Built: 2026
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 2095
Above Grd Total SqFt: 3617
Below Grd Total SqFt: 1600
Total SqFt: 5217
Total Finished Sqft: 5217.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1600
Garage Stalls: 3
Lot Dimensions: 169' x 199' x 239' x 188'
Acres: 0.81
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Assumable Loan: Not Assumable Construction Status: To Be Built/Floor Plan Existing Financing: Other Exterior: Engineered Wood; Shakes; Other Foundation: See Remarks Fuel: Natural Gas Heating: Forced Air Lock Box Type: None Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional Sewer: City Sewer/Connected Stories: More Than 2 Stories Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 3175000
ListPrice: 3175000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 355
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: 6745
Assessment Balance: 0
Assessment Installment: 0

Builder Information

Builder ID: GONYEA HOMES AND REMODELING
Builder License Number: 672669
Builder Name: GONYEA HOMES AND REMODELING

More Information

Building Information

Finished SqFt Above Ground: 3617
Finished SqFt Below Ground: 1600

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 625

Public Survey Info

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

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 002 BLOCK 003 FAZENDINS ADDN TO WAYZATA
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
Zip Plus 4: 1059
Property ID Number: 3111822340020
Tax Year: 2026
Tax Amount: 7344
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: A rare opportunity awaits to build your dream home on a stunning .81-acre parcel, beautifully wooded on both sides with serene, private views overlooking a natural wetland. Nestled within the highly sought-after Margaret Circle neighborhood, you’ll enjoy a tranquil setting while remaining highly walkable to downtown Wayzata. This is truly one of the best lots available in Wayzata! This new construction project is build-exclusive to Gonyea Custom Homes. This custom residence is crafted for luxurious modern living, featuring an exceptional multi-level layout: The main level features a Primary Suite with an expansive bathroom/closet area, Office, Great Room, Gourmet Kitchen, Dining Room, Laundry, and ½ bath. Includes a Screen porch and Grilling Deck. The second level is designed with three generous Bedrooms, one with a ¾ ensuite bath, and a Jack & Jill bathroom adjoining the other two bedrooms. The lower level walk-out is dedicated to recreation, featuring a large Family Room, Game Room, stylish Walk-up Bar, and an indoor Athletic Court with extra Storage, and two more bonus Bedrooms, and a Full bathroom. Seize this chance to customize and create your perfect sanctuary with Gonyea Custom Homes in one of the most idyllic neighborhoods in Wayzata!
Directions: Hwy 12 to Wayzata Blvd W, N on Broadway, W on Ridgeview Dr, N on Far Hill, Left on Margaret Circle to property.

Accessible

None: Yes

Air Conditioning

Central Air: Yes
Zoned: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

To Be Built/Floor Plan: Yes

Existing Financing

Other: Yes

Exterior

Engineered Wood: Yes
Shakes: Yes
Other: Yes

Foundation

See Remarks: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lock Box Type

None: Yes

Sellers Terms

Adj. Rate/Gr Payment: Yes
Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

More Than 2 Stories: Yes

Water

City Water/Connected: Yes