480 Highcroft Road, Wayzata, MN 55391

$3,150,000

Property Type: Land Lot Size (sq. ft.): 52,708 Status: Active

Current Price: $3,150,000 List Date: 9/02/2026 Last Modified: 9/02/2026

Overview

Description

Nestled on one of Wayzata’s most storied streets, 480 Highcroft Road, Wayzata, MN offers an opportunity to build the dream home you have always wanted or renovate a meticulously maintained stylish home. The current structure offers exceptional space, enduring craftsmanship and a rare connection to the city’s rich history. Located in the distinguished Highcroft neighborhood on a spacious 1.21 acre parcel, this remarkable residence spans nearly 6,200 total square feet and features six spacious bedrooms, five bathrooms and a four-car garage. The setting is equally impressive. Downtown Wayzata’s celebrated restaurants, boutique shopping and vibrant Lake Minnetonka waterfront of Browns Bay and Wayzata Bay just minutes away. Inside, the home is filled with warmth, character and thoughtfully preserved architectural detail. White oak pegged-plank hardwood flooring flows throughout the main living spaces, complemented by solid wood doors, crystal doorknobs, custom built-ins and two inviti ... (Read more) Nestled on one of Wayzata’s most storied streets, 480 Highcroft Road, Wayzata, MN offers an opportunity to build the dream home you have always wanted or renovate a meticulously maintained stylish home. The current structure offers exceptional space, enduring craftsmanship and a rare connection to the city’s rich history. Located in the distinguished Highcroft neighborhood on a spacious 1.21 acre parcel, this remarkable residence spans nearly 6,200 total square feet and features six spacious bedrooms, five bathrooms and a four-car garage. The setting is equally impressive. Downtown Wayzata’s celebrated restaurants, boutique shopping and vibrant Lake Minnetonka waterfront of Browns Bay and Wayzata Bay just minutes away. Inside, the home is filled with warmth, character and thoughtfully preserved architectural detail. White oak pegged-plank hardwood flooring flows throughout the main living spaces, complemented by solid wood doors, crystal doorknobs, custom built-ins and two inviting wood-burning fireplaces. The main-floor primary suite with full spa like bath features cherry hardwood flooring and an extraordinary six cedar-lined closets. A second main-level bedroom with a private bath is currently used as an office, offering an ideal space for guests, remote work or flexible living. The fully remodeled kitchen features durable hard-surface countertops and connects beautifully with the home’s formal dining room, sunroom and gracious gathering spaces. Every window throughout the residence, including those on the lower level, has been replaced, adding comfort, efficiency and natural light. Upstairs, four generously sized bedrooms provide exceptional flexibility for guests, hobbies or additional office space. The unfinished lower level presents more than 2,000 square feet of exciting future potential. High ceilings, two egress windows, a half bath, two washer and dryer sets and a utility sink create an outstanding foundation for additional bedrooms, recreation areas, a fitness studio, workshop or private guest suite. Rich in history, generous in scale and beautifully positioned near the heart of Wayzata, this distinctive Highcroft home offers timeless character, remarkable versatility and an opportunity rarely found this close to Lake Minnetonka.

Listing Details MLS# 7137766

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 364x275x282
Acres: 1.21
Assessment Pending: No

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Phone Available; Phone Connected; Sewer Connected; Water Connected Development Status: Finished Lot(s) Improvements: Paved Streets; Shared Driveway Land Inclusions: Easements Lock Box Type: Combo Sellers Terms: Cash; Conventional; Other Topography: High Ground

Contract Information

Contingency: None
Original List Price: 3150000
ListPrice: 3150000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 480
Street Name: Highcroft Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Highcroft Sub

Acreage Information

Taxable Acres: Yes

Assessments

Tax With Assessments: 26178

More Information

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 01
Township#: 117

Listing Office: Lakes Sotheby's International

Last Updated: September - 02 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

480 Highcroft Road, Wayzata, MN 55391 (MLS# 7137766)