Sold / Closed
$675,000

Sold price · Closed Jun 5, 2026

$275/sqft

Shadyway Add To Wayzata

516 Shadyway Road, Wayzata, MN, 55391
3  Bedrooms4  Bathrooms2,365  Square Feet0.379  Acres
Days on market1
Year built1958
Garage spaces2
TypeResidential
Est. $16,497buyer credit when you buy with SODL

About this home

Ideally located less than one mile from downtown Wayzata and within the highly sought-after Wayzata School District, this classic Cape Cod–style home blends timeless charm with thoughtful updates. Enjoy close proximity to local parks and the Luce Line Trail, along with a spacious backyard surrounded by mature trees, a private upper-level balcony, and a patio perfect for relaxing or entertaining. Inside, the remodeled kitchen features updated cabinet fronts, countertops, and appliances, complemented by refinished hardwood floors, new windows and fresh paint throughout, and added wainscoting detail. The upper level includes a private primary suite with a ¾ bath and a bedroom over the garage with two closets, while the walk-out lower level offers an additional ¾ bath, laundry area with utility sink, ample storage, and a new exterior door. Two fireplaces provide warmth and character across both living spaces, completing this inviting home in an exceptional location. ***A new retaining wall is scheduled to be installed within the next 1-2 weeks.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1958
LevelsTwo
Living area2,365 sqft
Above-grade finished1,865 sqft
Below-grade finished500 sqft
Lot size0.379 acres (130x143x121x118)
Days on market1
ListedMay 7, 2026
MLS #NST7027564
CountyHennepin
SubdivisionShadyway Add To Wayzata
Parcel #0611722110013

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Bath breakdown
1 full / 2 3/4 / 1 half
Heating
Forced Air, Other
Cooling
Central Air
Appliances
Chandelier, Cooktop, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
2 spaces · 576 sqft
Parking features
Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
Patio & porch
Deck, Patio
Exterior features
Stone, Wood
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete, Frame
Foundation
Block · 850 sqft
Roof
Age Over 8 Years, Asphalt, Pitched
Year built
1958

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Shadyway Add To Wayzata
HOA
No HOA
School district
284 - Wayzata
High school district
Wayzata

Financial & listing details

Annual tax
$4,479 (2025)
Listed
May 7, 2026
Days on market
1
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths2
Half baths1
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Basket, Sump Pump, Walkout
HeatingForced Air, Other
CoolingCentral Air
Fireplaces2
LaundryGas Dryer Hookup, Lower Level, Washer Hookup
AppliancesChandelier, Cooktop, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningEat In Kitchen, Separate/Formal Dining Room
AmenitiesBalcony, Deck, Hardwood Floors, Kitchen Window, Patio, Paneled Doors, Tile Floors, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level

Exterior & lot

ExteriorStone, Wood
RoofAge Over 8 Years, Asphalt, Pitched
FoundationBlock
Foundation area850 sqft
Patio/porchDeck, Patio
Lot featuresTree Coverage - Medium
Road frontageCity Street, Cul De Sac, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Natural Gas

Parking & garage

ParkingAttached Garage, Garage Door Opener, Heated Garage, Insulated Garage
Garage spaces2
Garage size576 sqft

Financial details

Annual taxes$4,479
Tax year2025
Taxes w/ assessments4479
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District284 - Wayzata
District number284
District phone7637455000
High schoolWayzata
SODL flat fee brokerage
$16,497Estimated buyer credit
SODL platform fee $3,000Your buyer credit $16,497

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,005/mo
Principal & interest$3,416
Property taxes$373
Home insurance (est.)$217
%
$129,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

516 Shadyway Road, Wayzata, MN, 55391

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Listing information

MLS #NST7027564
StatusClosed
Last updatedJun 8, 2026, 12:39 PM
Originally listedMay 7, 2026, 7:21 AM
Listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.