For sale

$5,395,000

Est. $35,717/mo —

Land

•

2.04

acres (lot)

535 Bushaway Rd, Wayzata, MN 55391

About this home

FINAL PLAT FOR THE 3-LOT SUBDIVISION HAS BEEN APPROVED! 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 2.04 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.

Vacant landProperty Type

2.04 acresLot Size

$2,644,608Price/Acres

Listed by David Stickney • Coldwell Banker Realty

Listed by George Stickney • Coldwell Banker Realty

Listing updated: Aug 19, 2026 at 09:51am

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6826162

Payment calculator

$35,717 per month

Principal and interest$28,353

Property taxes

$5,251

HOA dues

Home insurance

$2,113

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (10)

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1698 Oak Creek Pass, Chaska, MN 55318
OPEN AUG 31, 12PM TO 4PM
$555,990
3 beds2 baths1,886 sq ft
20105 79th Ave, Corcoran, MN 55340
OPEN AUG 31, 12PM TO 4PM
$514,990
3 beds2 baths1,892 sq ft
20099 79th Ave, Corcoran, MN 55340
OPEN SEP 1, 11AM TO 1PM
$2,999,900
5 beds5 baths5,301 sq ft
4541 Meadow Rd, Edina, MN 55424
OPEN SEP 3, 11:30AM TO 5:30PM3D WALKTHROUGH
$453,990
3 beds3 baths2,020 sq ft
19202 Goldenrod Trl, Corcoran, MN 55374
OPEN SEP 3, 11:30AM TO 5:30PM3D WALKTHROUGH
$429,990
3 beds3 baths1,983 sq ft
19206 Goldenrod Trl, Corcoran, MN 55374
OPEN SEP 3, 3PM TO 6PM
$398,000
2 beds2 baths1,050 sq ft
3033 E Bde Maka Ska Pkwy #301, Minneapolis, MN 55408
OPEN SEP 3, 5PM TO 7PM
$149,900
1 bed1 bath690 sq ft
7601 W 101st St #114, Bloomington, MN 55438
OPEN SEP 5, 1PM TO 4PM
$711,500
3 beds3 baths1,965 sq ft
3818 Queensland Cir N, Plymouth, MN 55446

Around this home

Schools

K - 12
Preschool & daycare

Gleason Lake Elementary School

Public K-5 • Assigned • 1.5mi

9/10

Wayzata West Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Wayzata High School

Public 9-12 • Assigned • 5.9mi

10/10

Provided by GreatSchools

About

Plymouth-Wayzata

Plymouth-Wayzata, located between Lake Minnetonka and Medicine Lake, is a lakeside and suburban Plymouth neighborhood with wooded shorelines and polished retail pockets. The neighborhood’s character concentrates around the Wayzata Boulevard–Lake Street corridor, where marina slips, sidewalk patios, and small storefronts set a lake-town cadence. Wayzata Bar & Grill, 6Smith, and the Wayzata Depot anchor local routines with dining, gathering, and a touch of rail history. Housing ranges from mid-century ramblers to newer builds on curving, tree-lined streets. Trails and parks stitch together water views and everyday errands. The pace feels outdoors-forward, with boats, bikes, and café tables sharing the same calendar.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Walkout topography

Sale and tax history for 535 Bushaway Rd

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6826162

Jul 1, 2026

Price Changed

$5,395,000

Dec 11, 2025

Listed

$5,695,000

NORTHSTARMLS as Distributed by MLS Grid #6769081

Dec 11, 2025

Listing Removed

—

Aug 11, 2025

Listed

$15,950,000

NORTHSTARMLS as Distributed by MLS Grid #6528723

Dec 11, 2025

Listing Removed

—

Aug 7, 2025

Price Changed

$8,295,000

Sep 27, 2024

Price Changed

$8,995,000

May 4, 2024

Listed

$9,750,000

NORTHSTARMLS as Distributed by MLS Grid #6625799

Aug 7, 2025

Price Changed

$16,200,000

Aug 7, 2025

Listing Removed

—

Nov 1, 2024

Listed

$16,900,000

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

435 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Hennepin County

APN

0811722230014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 29, 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, 1 days in 30 years

Provided by First Street

Historical weather

Wayzata, MN • 55391

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 6% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.5 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 535 Bushaway Rd

$4,881,522

$513K under list price of $5.40M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.2M to $4.1M.

SOLD MAY 12, 2026
$4,100,000 Last sold price
4 beds5 baths— sq ft
1595 Locust Hills Cir, Wayzata, MN 55391
smaller lot
finished basement
SOLD AUG 3, 2026
$2,480,000 Last sold price
3 beds3 baths— sq ft
2807 Mckenzie Point Rd, Wayzata, MN 55391
smaller lot
SOLD AUG 7, 2026
$2,200,000 Last sold price
5 beds4 baths— sq ft
225 Broadway Ave N, Wayzata, MN 55391
smaller lot
finished basement
SOLD APR 13, 2026
$3,000,000 Last sold price
4 beds6 baths— sq ft
16110 Crosby Cove Rd, Wayzata, MN 55391
smaller lot
finished basement
SOLD NOV 17, 2025
$3,700,000 Last sold price
5 beds6 baths— sq ft
1038 Lake St E, Wayzata, MN 55391
smaller lot
finished basement
SOLD DEC 8, 2025
$2,299,000 Last sold price
3 beds4 baths— sq ft
221 Manitoba Ave, Wayzata, MN 55391
smaller lot
finished basement

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Early Access listings

EARLY ACCESSCOMPASS COMING SOON

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3190 Xanthus Ln N, Plymouth, MN 55447

EARLY ACCESSCOMPASS COMING SOON

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New listings for sale in 55391

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326 Ferndale Rd W, Wayzata, MN 55391

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201 Lake St E #311, Wayzata, MN 55391

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201 Lake St E #104, Wayzata, MN 55391

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201 Lake St E #213, Wayzata, MN 55391

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 535 Bushaway Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 535 Bushaway Rd

Early Access listings

Nearby similar homes

New listings for sale in 55391

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