Listed at
$15,950,000
$2,127/sqft

535 Bushaway Road

535 Bushaway Road, Wayzata, MN, 55391
5  Bedrooms7  Bathrooms7,500  Square Feet3.62  Acres
Days on market413
Year built2025
Garage spaces3
TypeResidential
Est. $475,500buyer credit when you buy with SODL
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About this home

Exquisite East Coast–style home, to-be-built by John Kraemer & Sons and designed by James McNeal Architecture & Design, set on one of Lake Minnetonka’s most coveted sites. Nestled on 3.62 acres with 300 feet of gradual sloping, west-facing shoreline, the property offers breathtaking sunset vistas over Wayzata Bay. Ideally located with walking paths leading to downtown Wayzata, this is a rare opportunity to design and build your dream home. The property is open to all builders and architects. An adjacent property is also available for purchase, allowing for a combined total of 6.34 acres and 540 feet of lakeshore. Showings are by appointment only.

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Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built2025
LevelsOne
Living area7,500 sqft
Above-grade finished6,000 sqft
Below-grade finished1,500 sqft
Lot size3.62 acres (436x398x464x304L)
Days on market413
ListedAug 11, 2025
New constructionYes
MLS #NST6769081
CountyHennepin
Parcel #0811722230014

Facts & features

Interior

Bedrooms
5
Bathrooms
7
Bath breakdown
3 full / 3 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Basement
Finished · 1,500 sqft finished

Property

Levels / stories
One
Garage
3 spaces · 39x29 · 1,131 sqft
Parking features
Attached Garage
Pool
Below Ground, Heated, Outdoor Pool
View
Lake, Panoramic, West
Waterfront
Dock, Lake Front, Lake View

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Brick/Stone, Shake Siding, Wood Siding
Foundation
6,000 sqft
Builder
JOHN KRAEMER & SONS INC
New construction
Yes

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected

Community & HOA

HOA
No HOA
School district
Wayzata

Financial & listing details

Annual tax
$102,342 (2025)
Tax with assessments
102342.0000
Listed
Aug 11, 2025
Days on market
413

Interior details

Total bathrooms7
Full baths3
3/4 baths3
Half baths1
1/4 baths0
BasementFinished
HeatingForced Air
CoolingCentral Air
Fireplaces2
AccessibilityNone

Exterior & lot

Foundation area6,000 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAttached Garage
Garage spaces3
Garage size1,131 sqft

Financial details

Annual taxes$102,342
Tax year2025
Taxes w/ assessments102342.0000
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number284
District phone763-745-5000
High schoolWayzata
SODL flat fee brokerage
$475,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $475,500

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

$97,669/mo
Principal & interest$83,824
Property taxes$8,529
Home insurance (est.)$5,317
%
$3,190,000
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

535 Bushaway Road, Wayzata, MN, 55391

Listing information

MLS #NST6769081
StatusActive
Last updatedAug 12, 2025, 2:32 AM
Originally listedAug 11, 2025, 2:52 PM
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.