Market report, updated October 22, 2026

Wayzata Lakeshore Market Report

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Report prepared by LakeMinnetonkaRealEstate.com

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Wayzata Real Estate > Wayzata Market Report > Wayzata Lakeshore Market Report

Wayzata Lakeshore Market Report

This report follows waterfront property marketed with a Wayzata, Minnesota MLS city designation. The statistics and active, pending and sold listing tables are generated from the current MLS data; the closed-sale table covers the preceding 12 months.

How to Read This Market

This search covers waterfront property, including both houses and land when listed as waterfront. Frontage, lake access, dock rights, bay exposure and municipal location can have a substantial effect on value.

Explore related property listings or return to the Wayzata overall market report.

Market at a glance

Over the last 12 months, homes sold for 96.5% of list price in 94 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $4.86M Sold · $4.45M

$13M$9M$5M$1M

OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

2 O

0 N

1 D

1 J

0 F

0 M

4 A

3 M

2 J

3 J

3 A

6 S

Peak: 6 sales in Sep. Last month: 6.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.6months of inventory

Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$11.62M

Under contract$4.68M

Sold$4.23M

Average days on market

Active102 days

Under contract78 days

Sold94 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale

Homes for sale 16

Average list price $11,618,437

Avg. days on market 102 days

Avg. price per ft² $1,301 Based on 11 of 16 homes

Avg. living area 10,735 ft² Based on 11 of 16 homes

Avg. beds / baths 5.6 / 8.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$60M$40M$20M$0

Price vs. living area: 11 homes plotted, up to $60M and 30,000 ft².

0 ft²10,00020,00030,000 ft²

How long homes have been listed

Number of homes by days on market.

1 0–30 days

8 31–90

4 91–180

3 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

0 ≤3 bd

5 4 bd

0 5 bd

1 6 bd

4 7 bd

1 8+ bd

Highest price per ft²

Top 7 homes in this status.

372 Ferndale Road S$2,133

1480 Bracketts Point Road$1,921

2731 Gale Road$1,852

2770 Gale Road$1,724

358 Ferndale Road S$1,658

1397 Orono Lane$1,269

1225 Shoreline Drive$1,236

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
2770 Gale RoadWayzata, MN 55391	8	18	28,990	$50,000,000	$1,724	272 days
372 Ferndale Road SWayzata, MN 55391	7	10	12,420	$26,500,000	$2,133	37 days
2731 Gale RoadWayzata, MN 55391	7	9	13,495	$25,000,000	$1,852	80 days
1480 Bracketts Point RoadWayzata, MN 55391	7	7	8,636	$16,595,000	$1,921	118 days
358 Ferndale Road SWayzata, MN 55391	4	8	9,921	$16,450,000	$1,658	182 days
1225 Shoreline DriveWayzata, MN 55391	6	7	6,385	$7,895,000	$1,236	26 days
1365 Bracketts Point RoadWayzata, MN 55391	—	—	—	$6,250,000	—	118 days
2505 Cedar Point DriveWayzata, MN 55391	4	6	9,683	$6,000,000	$619	264 days
3705 Shore Drive NWayzata, MN 55391	4	6	6,256	$5,750,000	$919	47 days
1397 Orono LaneWayzata, MN 55391	4	6	4,312	$5,475,000	$1,269	48 days

Under contract homes

Pending and contingent sales

Homes under contract 4

Average list price $4,683,750

Avg. days on market 78 days

Avg. price per ft² $702 Based on 2 of 4 homes

Avg. living area 5,590 ft² Based on 2 of 4 homes

Avg. beds / baths 4.0 / 5.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 2 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

Days on market before going under contract

Number of homes by days on market.

0 0–30 days

2 31–90

2 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

0 ≤3 bd

2 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 2 homes in this status.

3035 Casco Point Road$750

465 Spring Hill Road$654

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
555 Bushaway RoadWayzata, MN 55391	—	—	—	$5,595,000	—	38 days
535 Bushaway RoadWayzata, MN 55391	—	—	—	$5,395,000	—	38 days
465 Spring Hill RoadWayzata, MN 55391	4	6	6,715	$4,395,000	$654	95 days
3035 Casco Point RoadWayzata, MN 55391	4	4	4,466	$3,350,000	$750	143 days

Sold homes

Closed in the last 12 months

Homes sold 25

Average sold price $4,234,000

Avg. days to sell 94 days Based on 23 of 25 homes

Sold vs. list price 96.5% Based on 24 of 25 homes

Avg. price per ft² $813 Based on 24 of 25 homes

Avg. living area 5,322 ft² Based on 24 of 25 homes

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$15M$10M$5M$0

Price vs. living area: 24 homes plotted, up to $15M and 30,000 ft².

0 ft²10,00020,00030,000 ft²

How long homes took to sell

Number of homes by days on market.

2 homes didn’t report days on market and aren’t shown.

1 0–30 days

16 31–90

4 91–180

1 181–365

1 365+

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

8 ≤3 bd

4 4 bd

9 5 bd

2 6 bd

0 7 bd

1 8+ bd

Highest price per ft²

Top 7 homes in this status.

2492 Bantas Point Road$1,342

547 Harrington Road$1,313

520 Ferndale Road W$1,284

2222 Huntington Point Road W$1,224

3335 Crystal Bay Road$1,152

2412 Lafayette Road$1,145

2740 Gale Road$1,082

Sold price vs. list price

How close homes sold to their asking price.

42% sold at or above asking

1 home didn’t report both a list and a sold price and isn’t shown.

7 Under 95%

3 95–98%

4 98–100%

7 100–102%

3 Over 102%

All sold listings

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
3655 Northome RoadWayzata, MN 55391	8	11	11,339	$9,125,000	83.7%	$804	112 days
547 Harrington RoadWayzata, MN 55391	5	5	6,471	$8,500,000	86.3%	$1,313	360 days
2222 Huntington Point Road WWayzata, MN 55391	5	6	6,532	$8,000,000	100.0%	$1,224	—
1300 Bracketts Point RoadWayzata, MN 55391	6	7	7,396	$6,800,000	75.6%	$919	148 days
2634 Crosby RoadWayzata, MN 55391	4	6	7,386	$6,606,000	102.1%	$894	88 days
964 E Shady LaneWayzata, MN 55391	5	7	7,525	$6,530,000	100.0%	$867	0 days
2740 Gale RoadWayzata, MN 55391	5	4	6,002	$6,500,000	100.0%	$1,082	82 days
520 Ferndale Road WWayzata, MN 55391	4	4	4,982	$6,400,000	98.5%	$1,284	37 days
2492 Bantas Point RoadWayzata, MN 55391	3	4	4,023	$5,400,000	98.3%	$1,342	53 days
2442 Lafayette RoadWayzata, MN 55391	4	6	5,659	$5,087,500	94.3%	$899	105 days

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

LakeMinnetonkaRealEstate.com

Call (952) 473-1000

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.