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

972 E Shady Lane

Wayzata, MN

  • 5 Beds
  • 7 Baths
  • 7374 sq ft
  • $3,495,000

875 Lake Street N, Unit 204

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 2190 sq ft
  • $1,350,000

875 Lake Street N, Unit 316

Wayzata, MN

  • 1 Beds
  • 2 Baths
  • 1110 sq ft
  • $725,000

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

875 Lake Street N, Unit 313

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 2254 sq ft
  • $1,299,000

114 Edgewood Court

Wayzata, MN

  • 3 Beds
  • 4 Baths
  • 2500 sq ft
  • $650,000

601 Bushaway Road

Wayzata, MN

  • 5 Beds
  • 8 Baths
  • 10016 sq ft
  • $7,500,000

215 Barry Avenue S, Unit 119

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 991 sq ft
  • $1,590

15011 Tammer Lane

Wayzata, MN

  • 6 Beds
  • 4 Baths
  • 4252 sq ft
  • $695,000

1052 Circle Drive E

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $489,000

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

105 E Lake Street, Unit 102

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 2250 sq ft
  • $990,000

1124 Hollybrook Drive

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 3405 sq ft
  • $450,000

259 E Lake Street, Unit 208

Wayzata, MN

  • 1 Beds
  • 2 Baths
  • 1207 sq ft
  • $599,900

875 Lake Street, Unit 203

Wayzata, MN

  • 2 Beds
  • 3 Baths
  • 1880 sq ft
  • $1,195,000

955 Wayzata Boulevard W

Wayzata, MN

  • 5 Beds
  • 4 Baths
  • 3588 sq ft
  • $569,900

575 Waycliffe Drive N

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 3293 sq ft
  • $735,000

1239 La Salle Street

Wayzata, MN

  • 5 Beds
  • 5 Baths
  • 4393 sq ft
  • $1,475,000

184 Westwood Lane

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $895,000

510 Locust Hills Drive

Wayzata, MN

  • 4 Beds
  • 4 Baths
  • 4095 sq ft
  • $1,950,000

370 Ferndale Road W

Wayzata, MN

  • 4 Beds
  • 6 Baths
  • 5516 sq ft
  • $3,799,000

105 E Lake Street, Unit 301

Wayzata, MN

  • 4 Beds
  • 3 Baths
  • 4000 sq ft
  • $2,399,000

430 Ferndale Road W

Wayzata, MN

  • 6 Beds
  • 15 Baths
  • 18649 sq ft
  • $9,449,000

115 Chicago Avenue S

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 2060 sq ft
  • $895,000

105 E Lake Street, Unit 108

Wayzata, MN

  • 2 Beds
  • 2 Baths
  • 1300 sq ft
  • $685,000

105 E Lake Street, Unit 101

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 3000 sq ft
  • $1,390,000

140 Highland Lane

Wayzata, MN

  • 5 Beds
  • 7 Baths
  • 6538 sq ft
  • $2,495,000

1101 La Salle Street

Wayzata, MN

  • Beds
  • 2 Baths
  • 3054 sq ft
  • $585,000

366 Waycliffe Circle N

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 3441 sq ft
  • $775,000

217 Byrondale Avenue

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 3700 sq ft
  • $895,000

1533 Hollybrook Road

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 2719 sq ft
  • $379,900

367 Ridgeview Drive

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $279,000

1590 Locust Hills Circle

Wayzata, MN

  • 4 Beds
  • 6 Baths
  • 5044 sq ft
  • $2,995,000

346 Pondridge Circle

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 1696 sq ft
  • $325,000

1066 E Circle Drive

Wayzata, MN

  • 3 Beds
  • 2 Baths
  • 2918 sq ft
  • $624,900

901 Lake Street E, Unit 203

Wayzata, MN

  • 3 Beds
  • 3 Baths
  • 2911 sq ft
  • $2,060,000

264 Bushaway Road

Wayzata, MN

  • Beds
  • 0 Baths
  • 0 sq ft
  • $829,000