For sale

$5,595,000

Est. $36,654/mo —

Land

•

2.11

acres (lot)

555 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, 555 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.11 acres with 140 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

2.11 acresLot Size

$2,651,659Price/Acres

Listed by David Stickney • Coldwell Banker Realty

Listed by George Stickney • Coldwell Banker Realty

Listing updated: Aug 19, 2026 at 10:01am

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6826180

Payment calculator

$36,654 per month

Principal and interest$29,031

Property taxes

$5,431

HOA dues

Home insurance

$2,191

Utilities

Add

Mortgage resources

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Open houses

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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
Gently rolling topography
Tree coverage is medium
Additional land available

Sale and tax history for 555 Bushaway Rd

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6826180

Jul 1, 2026

Price Changed

$5,595,000

Dec 11, 2025

Listed

$5,995,000

NORTHSTARMLS as Distributed by MLS Grid #6769068

Dec 11, 2025

Listing Removed

—

Aug 11, 2025

Listed

$12,745,000

NORTHSTARMLS as Distributed by MLS Grid #6529562

Dec 11, 2025

Listing Removed

—

Aug 7, 2025

Price Changed

$6,995,000

Sep 27, 2024

Price Changed

$7,995,000

May 4, 2024

Listed

$8,250,000

NORTHSTARMLS as Distributed by MLS Grid #6622387

Aug 7, 2025

Listing Removed

—

Oct 26, 2024

Listed

$14,900,000

NORTHSTARMLS as Distributed by MLS Grid #4918560

Jun 22, 2018

Sold

$10,030,000

Jun 18, 2018

Pending

—

May 4, 2018

Contingent

—

Mar 21, 2018

Listed

$12,500,000

Year

Property tax

Land + Additions

Assessment*

2022

$68,957 (+0.6%)

$4,827,000

2021

$68,515 (+3.1%)

$4,827,000

2020

$66,461 (+29.8%)

$4,043,000 + $552,000

$4,595,000

2019

$51,212 (−3.9%)

$2,995,000 + $570,000

$3,565,000

2018

$53,289 (−2.8%)

$2,995,000 + $621,000

$3,616,000

2017

$54,837 (+10.7%)

$2,995,000 + $603,000

$3,598,000

2015

$49,546 (−2.1%)

$2,602,000 + $555,000

$3,157,000

2014

$50,593 (−7.4%)

$2,602,000 + $555,000

$3,157,000

2013

$54,635 (−15.4%)

$2,776,000 + $570,000

$3,346,000

2012

$64,567

$3,495,000 + $590,000

$4,085,000

Public record

Beds

Baths

Stories

1.75

Lot width

—

Lot depth

435 ft.

Lot size

2.88 Acres

Year renovated

1965

Finished Sq. Ft.

6,272

Unfinished Sq. Ft.

—

Total Sq. Ft.

6,272

Year built

1929

Style

Other

County

Hennepin County

APN

08 117 22 23 0007

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

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Provided by Shadowmap

Redfin Estimate for 555 Bushaway Rd

$5,202,974

$392K under list price of $5.60M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.2M to $6.6M.

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 MAY 12, 2026
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4 beds5 baths— sq ft
1595 Locust Hills Cir, Wayzata, MN 55391
smaller lot
finished basement
SOLD JUL 2, 2026
$6,606,000 Last sold price
4 beds6 baths— sq ft
2634 Crosby Rd, Wayzata, MN 55391
larger lot
finished basement
SOLD JUL 14, 2026
$2,500,000 Last sold price
5 beds5 baths— sq ft
105 Walker Ave N, Wayzata, MN 55391
smaller lot
finished basement
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 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

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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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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 555 Bushaway Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 555 Bushaway Rd

Early Access listings

Nearby similar homes

New listings for sale in 55391

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