Property Types
(active listings)
Wayzata, MN Real Estate Statistics
Average Price
$444K
Lowest Price
$0
Highest Price
$48.9M
Total Listings
22,099
Avg. Days On Market
185
Avg. Price/SQFT
$487
Discover More About Wayzata, MN
Wayzata, Minnesota, is a historic lakeside city in Hennepin County, with a population of just over 4,500. Situated along the northern shores of Lake Minnetonka, Wayzata has a rich history dating back to the mid-1800s when it became a summer retreat for Minneapolis’ affluent residents. Today, it retains its charm while offering modern conveniences, including a vibrant downtown and scenic waterfront views.
Known for its excellent transportation options, Wayzata provides easy access to Minneapolis via nearby highways and Metro Transit services. The city is also home to highly regarded schools and a strong sense of community, making it a sought-after destination for families and professionals alike
Explore Wayzata Real Estate
Wayzata’s real estate market is synonymous with luxury and lakeside living, offering a diverse range of properties to suit various lifestyles. From stunning lakefront estates with private docks and panoramic views of Lake Minnetonka to modern condos for sale in the heart of downtown, Wayzata provides opportunities for buyers seeking elegance and convenience. Families can find spacious single-family homes in peaceful neighborhoods with tree-lined streets and proximity to top-rated schools, while professionals and retirees may prefer low-maintenance townhomes and condos that combine style with accessibility.
The city is particularly known for its historic homes, some dating back to its origins as a summer retreat in the late 19th century. Many of these properties feature architectural charm and significant renovations that blend modern amenities with timeless appeal. On the other end of the spectrum, new construction homes in Wayzata offer cutting-edge designs, energy-efficient features, and open floor plans.
Real estate prices in Wayzata are reflective of its high demand, with lakefront properties commanding premium prices. However, the market also includes a variety of options for those with more modest budgets, especially in neighborhoods further from the lake. With its strong rental market and steady appreciation, Wayzata is also an attractive option for real estate investors. No matter your preference, Wayzata real estate offers a unique blend of luxury, charm, and practicality.
Wayzata Highlights & Amenities
Wayzata is a city rich in amenities, offering residents a blend of natural beauty, cultural attractions, and modern conveniences. Its vibrant downtown serves as a hub for boutique shopping, fine dining, and entertainment, featuring local favorites like Gianni’s Steakhouse, Bellecour Bakery, and The Grocer’s Table. The downtown waterfront area is a highlight, with its scenic Wayzata Bay shoreline, public docks, and the Wayzata Depot—a historic train station now serving as a museum and community space.
Outdoor enthusiasts will find plenty to love in Wayzata, with numerous parks, walking trails, and direct access to Lake Minnetonka for boating, fishing, and paddleboarding. The Luce Line State Trail, a popular destination for biking and running, runs through the city, connecting residents to miles of scenic pathways. Additionally, the Wayzata Beach and Marina provide a perfect setting for summer relaxation.
Wayzata’s community events bring neighbors together throughout the year. Highlights include the Wayzata Art Experience, James J. Hill Days, and the Chilly Open, all of which reflect the city’s vibrant and inclusive spirit. Families benefit from highly rated schools within the Wayzata Public School District, as well as kid-friendly amenities like parks and seasonal festivals.
With its combination of lakeside living, recreational activities, and a welcoming atmosphere, Wayzata offers an unparalleled quality of life just minutes from the Twin Cities.
Wayzata is known for its stunning location on the northern shores of Lake Minnetonka, its upscale lifestyle, and its vibrant downtown filled with boutique shops, fine dining, and scenic lake views. Wayzata offers abundant outdoor activities, including boating, fishing, and paddleboarding on Lake Minnetonka. The Luce Line State Trail is a popular destination for walking, biking, and running. Wayzata features a mix of luxury lakefront estates, spacious single-family homes, modern condos, and townhomes. Many properties offer stunning views of Lake Minnetonka and access to the water. Yes, Wayzata is an excellent choice for families, with highly rated schools in the Wayzata School District, safe neighborhoods, and plenty of family-friendly amenities and parks. Wayzata’s downtown area is a vibrant hub featuring high-end boutiques, gourmet restaurants, and charming cafes. The waterfront setting adds to its appeal, making it a popular spot for both residents and visitors. Wayzata offers convenient access to downtown Minneapolis via major highways like I-394 and Highway 12, making it a popular choice for professionals seeking a suburban lifestyle with urban proximity.Wayzata, MN FAQs
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