Wayzata Real Estate

Why you should buy or sell in Wayzata, MN?



Wayzata, Minnesota is often considered a great place to live due to its unique blend of a small-town feel and urban amenities. Some reasons why people enjoy living in Wayzata include:

Location: One thing that makes Wayzata unique is its location on Lake Minnetonka. The lake offers a wide range of recreational opportunities, including boating, fishing, and swimming. Wayzata is also home to several parks, including the popular Wayzata Beach Park, which features a playground, picnic area, and swimming beach. The city is also close to the Twin Cities metropolitan area, which makes it easy to access all the cultural and entertainment options the region has to offer.

Quality of Life: Wayzata has a high quality of life, with excellent schools, low crime rates, and a strong sense of community. Wayzata Public Schools is known for its excellence in academics, arts, and athletics. The district consistently ranks among the top districts in Minnesota and the nation. Residents also enjoy the many parks, trails, and other recreational amenities in the city.

Business Community: Wayzata is home to many businesses, including retail shops, restaurants, and professional services. The city has a thriving business community that provides employment opportunities for residents and contributes to the local economy.

Cultural Events: Wayzata hosts several cultural events throughout the year, including the Wayzata Art Experience, Wayzata Beach Bash, and Wayzata Chilly Open. These events bring the community together and provide opportunities for residents to enjoy art, music, food, and other entertainment.

The housing market in Wayzata leans on the luxury market and prices are consistently above the state median house price. Wayzata has several unique neighborhoods, each with its own character and charm. Here are some of the most popular neighborhoods:

Downtown Wayzata: Located near Lake Minnetonka, downtown Wayzata is a walkable, upscale area filled with restaurants, shops, and luxury condominiums.

Ferndale Woods: This neighborhood is located along the shores of Lake Minnetonka and features large, sprawling homes on spacious lots.

Northome: A wooded, quiet neighborhood on the east side of Lake Minnetonka, Northome features homes with large lots and stunning lake views.

Wayzata Highlands: A more affordable neighborhood, Wayzata Highlands offers a mix of mid-century and newer homes on tree-lined streets.

Minnehaha Woods: This neighborhood features luxury homes on large, wooded lots with access to the Luce Line Trail.

Holdridge: Located in the heart of Wayzata, Holdridge features large homes on generous lots with mature trees.

Gleason Lake: This neighborhood features lakefront homes on the western shore of Gleason Lake, as well as some more affordable options on the eastern side.

Please consult our realtors for up-to-date information and expert advice on the housing market, property values, the home buying process, real estate listings, and homes for sale in Wayzata.

Your Wayzata, MN Dream Home Is Waiting!

Purchasing a property in Wayzata is one of the biggest financial investments you will ever make. It can be exciting, and also stressful. As skilled negotiators we will walk you through making the right offer and strategically navigating everything from inspection to closing. As your buyer’s agent, we will be your advocate every step of the way.

Wayzata

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Local market trends at a glance.

Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? Knowing what is happening in the housing market will help you make calculated decisions. Get an up-to-date market report customized for Wayzata and surrounding areas.

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Properties Highlight

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Wayzata - Town vs. County Stats

Avg Price in Wayzata: $3,962,000 / County Avg $753,900

526%

Avg Taxes in Wayzata: $29,100 / County Avg $8,400

347%

Avg Sq. Ft. in Wayzata: 5,040 / County Avg 2,482

203%

Avg Price per/sqft in Wayzata:$786 / County Avg $304

259%

Avg Walkscore in Wayzata: 14 / County Avg 36

39%

Avg Year Built in Wayzata: 1991 / County Avg 1973

101%

Avg Days on Website in Wayzata: 86 / County Avg 66

130%

Wayzata Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales