$2,990,000
Wayzata, MN 55391
MLS# 7047355
1 / 6
Property Description
Opportunity to own premier shoreline on Lake Minnetonka and build your dream home in one of the area’s most sought-after locations. Set along the shores of Crystal Bay, this exceptional property offers 135 feet of pristine, southeast-facing sandy shoreline - perfect for soaking in panoramic views. The two lots together create an expansive 0.75-acre estate (feels like up to 1.2 acres with the benefit of a city easement), offering incredible flexibility to design a custom lakeside retreat. Envision a guest house, additional garage, sport court, or elevated outdoor living spaces. Open to all builders, this is a rare chance to bring your vision to life. Enjoy the close proximity to the historic Lafayette Club, Lake Minnetonka Regional Park, and the charming shops and dining of Wayzata. Lake Minnetonka offers year-round recreation—from boating, paddleboarding, and sailing in the summer to ice skating and fishing in the winter. A truly rare opportunity to create a lasting legacy property in an unbeatable lakeside setting.
Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $2,990,000
Original List Price: 2990000
ListPrice: 2990000
List Date: 2026-04-02
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 135
Waterfront Present: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Common
Acres: 0.75
Lake/Waterfront Name: Minnetonka
Association Fee: 0
Assessment Pending: No
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SHADY-WOOD THAT PART OF LOTS 1 AND 2 LYING N OF S 5 FT THEREOF AND LYING ELY OF A LINE RUNNING FROM A PT ON N LINE OF SAID LOT 1 DIS 133 98/100 FT E FROM NW COR THEREOF TO A PT IN N LINE OF S 5 FT OF SAID LOT 2 DIS 143 65/100 FT E FROM W LINE THEREOF
Listing City: Orono
Map Page: 103
Municipality: Orono
School District: Westonka
School District Phone: 952-491-8001
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 5101
Property ID Number: TBD
Tax Year: 2026
Tax Amount: 17863.3
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Opportunity to own premier shoreline on Lake Minnetonka and build your dream home in one of the area’s most sought-after locations. Set along the shores of Crystal Bay, this exceptional property offers 135 feet of pristine, southeast-facing sandy shoreline - perfect for soaking in panoramic views. The two lots together create an expansive 0.75-acre estate (feels like up to 1.2 acres with the benefit of a city easement), offering incredible flexibility to design a custom lakeside retreat. Envision a guest house, additional garage, sport court, or elevated outdoor living spaces. Open to all builders, this is a rare chance to bring your vision to life. Enjoy the close proximity to the historic Lafayette Club, Lake Minnetonka Regional Park, and the charming shops and dining of Wayzata. Lake Minnetonka offers year-round recreation—from boating, paddleboarding, and sailing in the summer to ice skating and fishing in the winter. A truly rare opportunity to create a lasting legacy property in an unbeatable lakeside setting.
Directions: County Road 15 to North Shore Drive to property
Additional Parcels Information
Property ID #2: TBD1
Assessments
Assessment Balance: 0
Tax With Assessments: 17863.3
Builder Information
Builder Restrictions: Open
Development Status
Finished Lot(s): 1
Elevation Highpoint to Waterfront Slope
Gradual: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Lake/Waterfront
Lake Front: 1
Lake View: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Corner Lot: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 17
Township#: 117
Restriction/Covenants
Easements: 1
Road Frontage
County Road: 1
Paved Streets: 1
Road Responsibility
Public Maintained Road: 1
Topography
Other: 1
Waterfront View
Bay: 1
Lake: 1
Panoramic: 1
East: 1
Available Utilities
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Natural Gas Connected: 1
Private Well Available: 1
Private Well Connected: 1
Sewer Available: 1
Sewer Connected: 1
Improvements
Paved Streets: 1
Public Road: 1
Other: 1
Land Inclusions
Easements: 1
OTHER: 1
Survey: 1
Property SubType
Lake Property: 1
Residential Lot: 1
Location Tax and Other Information
House Number: 3705
Street Name: North Shore Drive
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Shady-Wood
Property Features
Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected
Development Status: Finished Lot(s)
Elevation Highpoint to Waterfront Slope: Gradual
Improvements: Paved Streets; Public Road; Other
Lake Details: Sand
Land Inclusions: Easements; OTHER; Survey
Lot Description: Accessible Shoreline; Corner Lot
Property SubType: Lake Property; Residential Lot
Road Frontage: County Road; Paved Streets
Road Responsibility: Public Maintained Road
Topography: Other
Waterfront View: Bay; Lake; Panoramic; East
3705 North Shore Drive - Survey 
Listing Office: Compass
Last Updated: April - 14 - 2026
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