Set along one of the most coveted stretches of Lake Minnetonka shoreline, 555 Bushaway Road presents a rare opportunity to build a world-class luxury lakefront estate in Wayzata, Minnesota. Spanning 2.08 acres with 140 feet of gradual sloping, west-facing lakeshore on Wayzata Bay, this exceptional property captures breathtaking panoramic sunset views and offers the ideal canvas for a custom legacy home. Located just minutes from downtown Wayzata, this premier Bushaway Road address combines privacy, prestige, and walkability via nearby trails to restaurants, marinas, and boutique shopping. The site is open to all builders, allowing buyers to design a fully customized Lake Minnetonka luxury home tailored to their vision. With additional land available for a combined 6.34-acre estate with 540 feet of lakeshore, this offering represents one of the most significant opportunities on Lake Minnetonka. Whether building a modern architectural masterpiece or a timeless lakeside retreat, this property delivers the ultimate in Minnesota luxury real estate, waterfront living, and long-term value in one of the Twin Cities’ most prestigious communities. Three-lot subdivision subject to final plat approval. Lot lines can be adjusted, or the properties may be purchased in their current configuration as two separate properties.
Active
$5,995,000
555 Bushaway Rd, Wayzata, MN 55391
--beds
--baths
2.08Acres
Unimproved Land
Built in ----
2.08 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 139 days |
- 321 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Stickney Real Estate – David Stickney 952-250-0122,
Coldwell Banker Realty,
Stickney Real Estate – George Stickney
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826180
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Has view: Yes
- View description: Lake, Panoramic, West
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(4-10), Lake Bottom(Hard, Sand, Excellent Sand)
- Frontage length: Water Frontage: 140
Lot
- Size: 2.08 Acres
- Dimensions: 400 x 250 x 464 x 140L
- Features: Additional Land Available, Tree Coverage - Medium
- Topography: Gently Rolling
Details
- Parcel number: 0811722230015
- Zoning description: Shoreline,Residential-Single Family
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Tax assessed value: $468,000
- Annual tax amount: $63,687
- Date on market: 12/11/2025
- Inclusions: Easements, Soil Test Available, Survey, Torrens
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,650/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Price change | $5,995,000-53% |
Source:  NorthstarMLS as distributed by MLS GRID #6826180 Report a problem | ||
| 8/11/2025 | Price change | $12,745,000+82.2% |
Source: NorthstarMLS as distributed by MLS GRID #6769068 Report a problem | ||
| 8/7/2025 | Price change | $6,995,000-53.1% |
Source: NorthstarMLS as distributed by MLS GRID #6529562 Report a problem | ||
| 10/26/2024 | Price change | $14,900,000+86.4% |
Source: NorthstarMLS as distributed by MLS GRID #6622387 Report a problem | ||
| 9/27/2024 | Price change | $7,995,000-3.1% |
Source: NorthstarMLS as distributed by MLS GRID #6529562 Report a problem | ||
| 5/4/2024 | Listed for sale | $8,250,000-17.7% |
Source: NorthstarMLS as distributed by MLS GRID #6529562 Report a problem | ||
| 6/22/2018 | Sold | $10,030,000-19.8% |
Source: NorthstarMLS as distributed by MLS GRID #4918560 Report a problem | ||
| 6/18/2018 | Pending sale | $12,500,000 |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4918560 Report a problem | ||
| 3/21/2018 | Listed for sale | $12,500,000 |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4918560 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | $6,643 +11.3% | $468,000 |
| 2020 | $5,967 -10.2% | $468,000 +15.6% |
| 2019 | $6,643 +11.3% | $405,000 +35% |
| 2018 | $5,967 +68.1% | $300,000 |
| 2017 | $3,549 -3.4% | $300,000 +7.9% |
| 2016 | $3,674 +5.7% | $278,000 |
| 2015 | $3,477 -22.4% | $278,000 |
| 2014 | $4,484 +13.7% | $278,000 -7.3% |
| 2013 | $3,945 -18.5% | $300,000 -21.1% |
| 2012 | $4,838 +5.6% | $380,000 |
| 2011 | $4,580 -7% | $380,000 -13.6% |
| 2010 | $4,922 -10.5% | $440,000 -14.2% |
| 2009 | $5,498 +68.5% | $512,700 +86.2% |
| 2006 | $3,263 +7.4% | $275,400 +26.7% |
| 2005 | $3,037 +21.1% | $217,300 +25.5% |
| 2004 | $2,508 +31.3% | $173,100 +34.3% |
| 2002 | $1,910 -16.9% | $128,900 |
| 2001 | $2,298 | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Gleason Lake Elementary SchoolGrades: K-5Distance: 1.5 mi
- 8/10Wayzata West Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 555 Bushaway Rd
Nearby cities
Nearby zip codes
Other Wayzata Topics
