Completely reimagined from top to bottom, this exceptional home blends timeless style with the comfort and convenience of today's most sought-after features. Every space has been thoughtfully renovated with high-end finishes, creating a home that feels both sophisticated and welcoming from the moment you arrive. At the heart of the home, the stunning chef's kitchen is designed for gathering, featuring customized cabinetry, soapstone countertops, premium appliances, and beautiful hardwood floors that flow into inviting living spaces. Whether you're enjoying a quiet evening by the gas fireplace, hosting friends in the beautifully finished lower level with its custom wet bar and dedicated theater room, or unwinding in the sauna after a workout, every detail has been crafted to elevate everyday living. Upstairs, the luxurious primary suite offers a peaceful retreat with a custom walk-in closet and spa-inspired bath featuring heated marble floors, a soaking tub, oversized tiled shower, and premium finishes. Four additional bedrooms, updated bathrooms, and the convenience of second-floor laundry provide plenty of space for family and guests. Located in one of Deephaven's most desirable neighborhoods, you'll enjoy a peaceful setting just minutes from downtown Wayzata, Lake Minnetonka, boutique shopping, waterfront dining, and the Luce Line Trail, with neighborhood tennis courts nearby for recreation. New landscaping, windows, roof, and a heated, insulated garage complete the home's impressive curb appeal, while integrated sound, designer finishes, and countless thoughtful updates create a truly turnkey home where every detail is done to perfection.
Single-familyProperty Type
1976Year Built
1.3 acresLot Size
$342Price/Sq.Ft.
2 car garageParking
Listed by Kristi Weinstock• Coldwell Banker Realty
This property is ready for your personal touch. Move in ready with endless possibilities or design a new executive home. The skys the limit! Property is located on a 1.3 acre cul de sac lot. This is a 4 level split with 3942 total square feet. Includes unfinished lower level. Above ground is 2816 finished square feet. Also features two brick wood fireplaces. Attached to the rear of the home is a greenhouse and a never ending view of privacy. Current home features 5 bedrooms and 5 bathrooms. Current den could be a 6th bedroom or office. School district is Minnetonka, MN. Buyers agent to verify home measurements.
Year
Property tax
Land + Additions
Assessment*
2026
$12,867 (+51.0%)
$401,400 + $633,500
$1,034,900
2025
$8,521 (−3.3%)
$329,000 + $395,700
$724,700
2024
$8,810 (+21.3%)
$329,000 + $450,200
$779,200
2023
$7,262 (+13.6%)
$263,000 + $390,000
$653,000
2022
$6,392 (+13.1%)
$207,000 + $327,000
$534,000
2021
$5,650 (+1.3%)
$199,000 + $278,000
$477,000
2020
$5,576 (+0.8%)
$197,000 + $255,000
$452,000
2019
$5,533 (+7.5%)
$197,000 + $254,000
$451,000
2018
$5,145 (+1.4%)
$197,000 + $222,000
$419,000
2017
$5,073 (+8.0%)
2015
$4,698 (+7.3%)
2014
$4,379 (−0.9%)
2013
$4,419 (+1.0%)
2012
$4,374
Public record
Beds
6
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1.3 Acres
Year renovated
2015
Finished Sq. Ft.
3,942
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,942
Year built
1976
Style
Single Family Residential
County
Hennepin County
APN
19 117 22 12 0029
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Wayzata, MN • 55391
Average low and high temperatures (°F)
21
5
29
13
48
28
56
38
69
49
77
60
83
66
78
63
77
59
64
46
44
31
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3945 Hillcrest Way
$1,729,190
$20K under list price of $1.75M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $640K to $2.2M.