535 Bushaway Road, Wayzata, MN 55391

Overview

Description

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 prop ... (Read more)

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 YN: 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 Type: Lake Front; Lake View; Dock Waterfront View: Lake; Panoramic; West

Contract Information

Contingency: None
Original List Price: 5695000
ListPrice: 5395000
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

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 Type

Lake Front: Yes
Lake View: Yes
Dock: 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