Wayzata Real Estate & Wayzata Homes for Sale | GUSTAFSON
Dan Gustafson
952-473-1000952-473-1000
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Wayzata Real Estate & Wayzata Homes for Sale | GUSTAFSON
Realtor Dan Gustafson lives/works in Wayzata, MN and provides unparalleled service to buyers & sellers at every price.

In pursuit of the $1,500,000 new construction package in Wayzata

333 Wise Ave – Wayzata, MN. This lakeside retreat was featured in the 2016 Artisan Home Tour by builder Pillar Homes. Image courtesy Artisan Tour / Pillar Homes.

Seems like everywhere I turn right now I bump into a buyer who is seeking the $1,200,000 – $1,800,000 new construction package in Wayzata. It’s funny because everyone is kind of seeking the same┬áthing–the $400,000+/- lot leaving about $1,000,000 for the structure. The problem is, there are very few $400,000 lots left in Wayzata–let alone in the downtown walking areas south of Highway 12 / 394. In fact it’s becoming downright impossible.

I met with a referral client last week who is seeking this exact scenario–and she pointed to the Artisan Home project by KC Chermak & Pillar Homes at 330 Wise Ave in the East Neighborhood as being ideal. KC, who is a neighbor and good friend does great work and has for many years.

The other challenge besides there being very few lots left in Wayzata, is that most of the owners of property who own functionally obsolete homes or homes that are in a state of disrepair know that their lots are very valuable as many agents and builders are constantly trolling the neighborhoods looking for opportunities to buy and build. There is one owner I know in town who every time I ask if he is willing to sell he quotes a higher number–much to my dismay as the first time I did bring him a full price offer which he subsequently declined.

I am familiar with a number of parcels in town that are available both on and off the MLS. These offerings are available at the lower price points and in the very upper bracket areas in town. Give me a call to discuss your options, I’d be happy to provide my expertise to buyers and sellers looking to make a move. Home builders and developers–contact me for off market development opportunities as I have several.

Notable MLS lots (as of this posting)

  • 1052 Circle Drive – Three lots in the very hot East Neighborhood priced at $489k (Real Estate Corners)
  • 184 Westwood Lane – Wayzata Highlands opportunity 2.43 acres (CBBurnet)
  • 367 Ridgeview Dr – 1.38 acre lot offering substantial value north of Highway 12 $279k (CBBurnet)
  • 264 Bushaway Road – Gated community 2 acre site by Lecy Brothers $829k (Re/Max Advantage Plus)
  • 190 Westwood Lane S – 3.77 acres in the Wayzata Highlands open to any builder $795k (CBBurnet)
  • 211 Byrondale – Lots of value here at $285k, build packages starting at about $850k, right side of Highway 12 (CBBurnet)

Contact me directly for NON-MLS opportunities too! Dan Gustafson (952) 473-1000. Ask for your no obligation Market Analysis too!

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Wayzata Listings

935 E Lake Street, Unit 404

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 5000 sq ft
  • $4,900,000

3 Bushaway Road

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $695,000

2 Bushaway Road

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $650,000

110 Edgewood Court

Wayzata, MN

  • 2 Beds
  • 4 Baths
  • 2227 sq ft
  • $699,900

875 Lake Street N, Unit 408

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 2650 sq ft
  • $2,200,000

350 Highcroft Lane

Wayzata, MN

  • 5 Beds
  • 5 Baths
  • 4115 sq ft
  • $1,495,000

625 Rosswood Lane

Wayzata, MN

  • 4 Beds
  • 2 Baths
  • 1875 sq ft
  • $2,200

1107 Hollybrook Drive

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 2022 sq ft
  • $400,000

607 Gardner Street

Wayzata, MN

  • 3 Beds
  • 2 Baths
  • 1845 sq ft
  • $445,000

155 Wooddale Avenue

Wayzata, MN

  • 5 Beds
  • 4 Baths
  • 4450 sq ft
  • $885,900

240 Minnetonka Ave, Unit 102

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $176,160

240 Minnetonka Ave, Unit 103

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $262,560

325 N Barry Avenue

Wayzata, MN

  • 5 Beds
  • 3 Baths
  • 2375 sq ft
  • $399,000

460 Peavey Road

Wayzata, MN

  • 5 Beds
  • 4 Baths
  • 5160 sq ft
  • $1,850,000

875 Lake Street N, Unit 218

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 1570 sq ft
  • $775,000

534 Rice Street E

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 3776 sq ft
  • $1,740,000

530 Rice Street E

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 3601 sq ft
  • $1,700,000

214 Byrondale Avenue N

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 3619 sq ft
  • $885,000

399 Ridgeview Drive

Wayzata, MN

  • 4 Beds
  • 3 Baths
  • 3100 sq ft
  • $599,900

625 Locust Hills Drive

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 4973 sq ft
  • $2,495,000

191 Hunters Glen Road

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 4203 sq ft
  • $735,000

540 Rice Street E

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 3601 sq ft
  • $1,650,000

875 Lake Street N, Unit 211

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 1250 sq ft
  • $750,000

105 E Lake Street, Unit 203

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 2480 sq ft
  • $1,447,000

1406 Holdridge Lane

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $199,000

322 Bushaway Road

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 5879 sq ft
  • $2,350,000

110 Gleahaven Road

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 5225 sq ft
  • $1,199,900

110 S Minnetonka Avenue

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 3148 sq ft
  • $849,000

524 Rice Street E

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 3646 sq ft
  • $1,679,000

520 Rice Street E

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 2907 sq ft
  • $1,495,000

972 E Shady Lane

Wayzata, MN

  • 5 Beds
  • 7 Baths
  • 7374 sq ft
  • $3,249,000

875 Lake Street N, Unit 204

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 2190 sq ft
  • $1,299,999

875 Lake Street N, Unit 316

Wayzata, MN

  • 1 Beds
  • 2 Baths
  • 1110 sq ft
  • $699,900

460 Highcroft Road

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $1,825,000

686 Ferndale Road W

Wayzata, MN

  • 4 Beds
  • 8 Baths
  • 7750 sq ft
  • $5,995,000

641 Harmony Circle

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $295,000

601 Bushaway Road

Wayzata, MN

  • 5 Beds
  • 8 Baths
  • 10016 sq ft
  • $6,250,000

295 Whitegate Lane

Wayzata, MN

  • 6 Beds
  • 5 Baths
  • 5767 sq ft
  • $1,190,000

105 E Lake Street, Unit 107

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 1370 sq ft
  • $725,000

105 E Lake Street, Unit 305

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 2090 sq ft
  • $1,215,000