Locust Hills Homes for Sale on Lake Minnetonka

Wayzata’s Most Exclusive Lakefront Living

Tucked just off historic Bushaway Road and minutes from the heart of downtown Wayzata, Locust Hills is one of the most refined residential enclaves ever developed on Lake Minnetonka. Set on 70 acres of preserved woodland, meadows, and wetland shoreline along Grays Bay, this gated community blends privacy, natural beauty, and European-inspired architecture into an effortlessly elegant lifestyle.

Imagine winding along tree-lined trails beneath a canopy of oak, birch, and towering pines. Watch deer graze at dawn, or walk to your private dock as the sun glitters on the water. Residents enjoy direct access to Lake Minnetonka, over two miles of year-round maintained walking paths, a charming clubhouse, and a community pool—all while being just a stroll or golf cart ride from Wayzata’s boutiques, restaurants, and lakeside charm.

Timeless Architecture, World-Class Craftsmanship

Each residence in Locust Hills is a statement of timeless design, built by some of the most acclaimed names in luxury homebuilding. Notable builders include Kyle Hunt & Partners, L. Cramer, John Kraemer & Sons, Streeter, Steiner & Koppelman, Charles Cudd Co., and Jyland Construction.

Whether you’re seeking a sophisticated lakeside retreat or downsizing without compromise, Locust Hills offers masterfully designed homes with features like geothermal systems, in-floor heat, multiple fireplaces, spa-inspired owner’s suites, and fully appointed lower levels with wine cellars, saunas, and media rooms.

An Unparalleled Lake Minnetonka Setting

Locust Hills offers one of the most coveted waterfront experiences on Lake Minnetonka, with over 178 feet of private lakeshore on Grays Bay for select properties and deeded boat slips for all residents. From sunrise paddleboard sessions to sunset cruises to Wayzata Bay, lake life here is effortless.

The association maintains beautifully manicured grounds and natural preserves, ensuring every home feels like a private sanctuary. Many lots enjoy pond, woodland, or lakeshore views—often from vaulted great rooms, four-season porches, or stone terraces.

Connected Yet Secluded

Despite its quiet, nature-focused feel, Locust Hills is remarkably well connected. Downtown Minneapolis and MSP International Airport are both within 30 minutes via I-394 or I-494. Top-rated Wayzata Public Schools and private schools such as Blake and Breck are just a short drive away.

If you’re relocating to Lake Minnetonka or transitioning from a larger estate to a more effortless lake lifestyle, Locust Hills offers unmatched location, quality, and community.

Explore Locust Hills Real Estate

Homes in Locust Hills rarely become available—and when they do, they are among the most sought-after properties on Lake Minnetonka. Prices range from approximately 3.5 million to over 6 million dollars, depending on location, architecture, and lake frontage.

Contact me directly for a confidential market overview, upcoming listings, or a private tour. Let’s talk about the right fit—whether it’s available now or quietly coming soon.

Latest listings in Locust Hills:

$2,950,000

ACTIVE Status ⋅ 3 Beds ⋅ 4 Baths ⋅ 7104822 MLS ⋅ 4,065 SqFt.

Welcome to 415 Carpenters Point, an exceptional Charles Cudd home in the highly sought-after Locust Hills community. Thoughtfully designed with an open-concept floor plan, this residence blends timeless architecture with luxury finishes and expansive windows that fill the home with natural light while showcasing peaceful wooded views. Quality craftsmanship is evident throughout, with elegant details and inviting living spaces designed for both comfortable everyday living and effortless entertaining. Tucked into a private, nature-filled setting, the home is just minutes from downtown Wayzata's award-winning restaurants, boutique shopping, and the shores of Lake Minnetonka. Residents of Locust Hills enjoy an unmatched lifestyle with over two miles of private walking trails, a community clubhouse, outdoor pool, and a deeded boat slip on Lake Minnetonka. Combining luxury, privacy, and premier neighborhood amenities, this is a rare opportunity to own in one of the area's most coveted communities.

415 Carpenters Pt, Wayzata

Listing courtesy of Compass.

$3,600,000

ACTIVE Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 7075969 MLS ⋅ 6,487 SqFt.

Perfectly situated in high-demand Wayzata/Lake Minnetonka, this is a rare opportunity to experience luxury living paired with unparalleled neighborhood amenities including private 36ft Dock & Pool/Clubhouse. Lower level golf simulator. Discover a masterclass in craftsmanship at 425 Carpenters Point, a stunning residence in the coveted Locust Hills neighborhood, just steps from vibrant downtown Wayzata and the serene shores of Lake Minnetonka. Built by renowned builder Charles Cudd, known for landmark projects and timeless design, this property epitomizes main-level living with thoughtful design at every turn. Enjoy a main level spa-like owner’s suite and curated, high-end finishes throughout, including vaulted coffered ceilings, a chef-inspired kitchen with walk-in pantry, and beautifully integrated main-level spaces including an office, formal dining room, and laundry. A charming three-season porch with a wood-burning fireplace offers year-round enjoyment and seamless indoor-outdoor living. Designed by award-winning architect James McNeal, every detail reflects enduring quality and sophistication. The home is further enhanced by exceptional lower-level amenities, including a private golf simulator and a fully equipped exercise room—perfect for year-round recreation and wellness without ever leaving home. As part of an exclusive private community, residents enjoy an exceptional suite of amenities including a private neighborhood pool, clubhouse, and walking trails, all maintained by a full-service HOA for true turnkey living. This property also includes a dedicated 36-foot dock on Lake Minnetonka—an exclusive upgrade that is not shared, offering dedicated space for your boat and immediate access to the lake lifestyle.

425 Carpenters Point, Wayzata

Listing courtesy of Compass.

$3,125,000

PENDING Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7075918 MLS ⋅ 4,385 SqFt.

Nestled in the highly desirable Locust Hills neighborhood, this exquisite custom home crafted by Nor-Son Custom Builders and designed by renowned architect Peter Eskuche is a masterpiece of luxury living. The great room boasts soaring 12-foot ceilings, complemented by intricately layered millwork and enameled cabinetry that adds elegance to every corner. Three sets of glass-paneled French doors flood the main level with natural light, creating an inviting and bright atmosphere. The kitchen is a blend of strategic design and symmetry, featuring paneled appliances and a hidden pantry for a sleek, uncluttered look. The main level primary suite offers ultimate comfort, with an en-suite bathroom that includes a unique vanity inspired by an antique baker’s table with a marble top. The lower level is a haven for entertainment, offering an open family room complete with media and gaming areas, a stunning bar, and a wine cellar framed in stone and accented with walnut. Additionally, the lower level includes two more bedrooms and a 3/4 bathroom with a relaxing sauna. Experience unparalleled convenience just minutes from Downtown Wayzata in the prestigious Locust Hills community. Residents enjoy a low-maintenance lifestyle with amenities such as lawn care, snow removal, 2 miles of scenic walking trails, a clubhouse with a pool and gathering spaces, and a 36' boat slip.

405 Carpenters Point, Wayzata

Listing courtesy of Compass.

$2,990,000

SALE OF ANOTHER PROPERTY Status ⋅ 3 Beds ⋅ 4 Baths ⋅ 7071858 MLS ⋅ 4,376 SqFt.

Surrounded by woods, ponds, and nature, and located off Historic Bushaway Road, Locust Hills blends peace and tranquility with a prime Wayzata location. Designed by Sharratt Design and built by Kyle Hunt and Partners, 1610 Locust Hills Place captures the essence of the original estate through intentional design details and old world craftsmanship. From the brick and timber exterior to the stacked stone fireplaces, distressed wood and brick floors, Dutch doors, and entertaining focused layout, everything works together to create a warm and welcoming home. The skillful integration of classic with current creates a layout and a home that perfectly blends old world ingenuity with modern living. On approach, the Dutch front door welcomes you to a brick floor foyer and in to the soaring great room with rough timbers over character filled floors and rich millwork. An incredible, hand stacked stone fireplace anchors the great room while a wall of windows brings in the southern sun and nature views over the pond. The spacious kitchen includes Wolf and Sub Zero appliances with a large center island, and open dining room, great for large gatherings. Spacious entertaining areas on the include a main floor game room, stunning vaulted porch and a lower level family room with a walk out to the patio. Bedrooms are tucked away with the upper level primary suite and second bedroom; the third bedroom is tucked away in the lower level. ELEVATOR shaft is in place. Large two car heated garage plus a 1.5 car detached garage give ample storage and room for a golf cart. Locust Hills includes a private neighborhood pool, beautiful clubhouse and meeting rooms in the original estate stables. Walking trails meander through the preserved natural beauty of the neighborhood. Take your golf cart to the lake side amenities on Grays Bay of Lake Minnetonka: including your covered assn dock, a lake side gazebo and a fire-pit area overlooking the lake to the South and natural wetlands to the North. Association includes lawn and snow for each home. Experience a stunning and refined living experience a mile from downtown Wayzata.

1610 Locust Hills Place, Wayzata

Listing courtesy of Coldwell Banker Realty.

$4,100,000

CLOSED Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 6822531 MLS ⋅ 5,751 SqFt.

Beautiful turn-key home in Wayzata’s highly sought-after Locust Hills neighborhood on Lake Minnetonka’s Gray’s Bay! This home offers low-maintenance living -the perfect condo alternative! Enjoy the open flowing floorplan with high-end finishes, main-level living and a deeded boat slip + HOA maintained dock! The spacious gourmet kitchen with large walk-in pantry and dining area open to the deck overlooking the backyard, creating the perfect blend of indoor + outdoor living! The sunroom offers a stone-surround fireplace and vaulted ceiling with warm woodwork detail. Large primary suite with spa-like bath (heated floors) and oversize walk-in closet. Upper-level featuring two junior suites, bonus room and beverage bar! The walkout lower-level offers a family room with fireplace; wet bar; wine cellar; exercise room (currently used as a second office) and billiards area that walks out to the paver patio- the ideal space for entertaining! Additional features: significant storage space and heated 3-car garage with epoxy floor (extra deep with workshop area). Premier cul-de-sac setting, landscaped to maximize privacy! Neighborhood amenities: 2 miles of walking trails, clubhouse, pool and lakeside gazebo. Walk or bike to downtown Wayzata shops + restaurants! Location, Location, Location!

1595 Locust Hills Circle, Wayzata

Listing courtesy of Coldwell Banker Realty.

$3,700,000

CLOSED Status ⋅ 5 Beds ⋅ 5 Baths ⋅ 6706642 MLS ⋅ 6,961 SqFt.

Discover unparalleled luxury Streeter-built masterpiece, where timeless coastal architectural detailing meets sleek, modern design. Thoughtfully crafted to embody comfortable elegance, every space in this extraordinary residence invites sophistication and ease, perfectly suited for both grand entertaining and intimate relaxation. Nestled on a secluded site with breathtaking views of protected wetlands, offering tranquility and natural beauty. A short walk to Wayzata’s charming shops, acclaimed restaurants, and Lake Minnetonka’s scenic shores, blending small-town allure with cosmopolitan convenience. Includes a rare 40-foot deeded dock adjacent to Grays Bay on Lake Minnetonka, ideal for boating, fishing, or soaking in lakeside sunsets. This is more than a home—it’s a lifestyle defined by elegance, exclusivity, and effortless convenience.

1615 Locust Hills Trail, Wayzata

Listing courtesy of Compass.

$3,565,000

CLOSED Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 6686009 MLS ⋅ 4,765 SqFt.

Stunning Locust Hills home designed by Tom Rauscher and built by Kyle Hunt & Partners, offering breathtaking south-facing nature views! Enjoy the open flowing floorplan with unparalleled high-end finishes, stunning ceiling woodwork detail, and doors that open to the large terraces creating the perfect blend of indoor + outdoor living! The main-level features a den with gorgeous custom built-ins and primary suite with spa-like bath, spacious walk-in closet and French Doors that open to the balcony overlooking the tranquil pond! Large upper-level junior suite with ¾ bath- the perfect space for hosting guests. The walkout lower-level was designed for entertaining with 2 bedrooms; family room with wet bar and doors that open to the lower-level patio. 3-car heated garage with epoxy floor + storage room. Deeded boat slip and HOA maintained docks! Neighborhood amenities: walking trails, clubhouse, pool and lakeside gazebo. Walk to downtown Wayzata shops + restaurants. Low-maintenance living, the perfect condo alternative!

1650 Locust Hills Place, Wayzata

Listing courtesy of Coldwell Banker Realty.

$3,700,000

CLOSED Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 6658834 MLS ⋅ 5,050 SqFt.

Introducing this stunning custom Denali build located in the highly sought after Locust Hills neighborhood. Elegant design meets excellent craftsmanship in this sprawling rambler, providing one-level living at its finest. Entertain your guests in your chef's kitchen while taking in panoramic nature views overlooking Lake Minnetonka. With high-end built-ins, vaulted ceilings, and full lower level wet bar, this home is sure to impress. Cozy up in your four season porch featuring stone fireplace and attached deck. Walk to downtown Wayzata for a bite to eat or jump on your boat from your private dock within steps of your home. Homeowners enjoy access to a beautiful clubhouse and pool, complimenting this luxurious lifestyle. Located in the award-winning Wayzata school district, this property offers it all.

530 Locust Hills Drive, Wayzata

Listing courtesy of Lakes Sotheby's International.

$2,397,407

CLOSED Status ⋅ 5 Beds ⋅ 5 Baths ⋅ 6321005 MLS ⋅ 5,113 SqFt.

New construction by Wooddale Builders. Island Oaks offers 6 custom homesites with association living. Located in the Wayzata School District and close proximity to Downtown Wayzata. The neighborhood has south-facing views of the wetland and Lake Minnetonka. Explore the opportunity to build with a luxury custom home builder, Wooddale Builders, and live in a prime location.

16510 Island Oaks Ct, Wayzata

Listing courtesy of Compass.

$572,000

CLOSED Status ⋅ 6306875 MLS

New development by Wooddale Builders. Island Oaks offers 6 custom homesites with association living. Located in the Wayzata School District and close proximity to Downtown Wayzata. The neighborhood has south-facing views of the wetland and Lake Minnetonka. Explore the opportunity to build with a luxury custom home builder, Wooddale Builders, and live in a prime location. Lot 5 is a lookout lower level.

16514 Island Oaks Court, Wayzata

Listing courtesy of Compass.

Start Your Search

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.