132 Minnetonka Avenue N, Wayzata, MN 55391 (MLS# 7081164)

132 Minnetonka Avenue N, Wayzata, MN 55391

$775,000
Property Type: Land Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $775,000 List Date: 6/06/2026 Last Modified: 8/11/2026

Overview

Description

Open to all builders — exceptional opportunity to build a custom home in the heart of Wayzata. 132 Minnetonka Avenue offers a rare chance to create a new construction residence in one of the area’s most desirable locations, just moments from downtown Wayzata, Lake Minnetonka, restaurants, shops, parks, and trails. Bring your own builder and vision to design a home that fits your lifestyle in an established neighborhood surrounded by luxury homes. Whether you’re looking to build a timeless classic or a modern custom residence, this property provides the ideal setting in a premier Wayzata location. A rare offering with incredible potential — don’t miss this opportunity to build in the heart of Wayzata.

Listing Details MLS# 7081164

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
132x55
Acres
0.17
Assessment Pending
No
Association Fee
0

Property Features

Assumable Loan: Not Assumable Available Utilities: Electricity Available; Electricity Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Development Status: Finished Lot(s) Improvements: Curbs; Public Road; Storm Sewer Land Inclusions: For Sale Sign; OTHER Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; Other Topography: Level

Contract Information

Contingency
None
Original List Price
799900
ListPrice
775000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
132
Street Name
Minnetonka
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Wayzata Rev

Assessments

Tax With Assessments
8419
Assessment Balance
0
Assessment Installment
0

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 002 BLOCK 015 WAYZATA REVISED
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
Property ID Number
TBD
Tax Year
2026
Tax Amount
8419
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Open to all builders — exceptional opportunity to build a custom home in the heart of Wayzata. 132 Minnetonka Avenue offers a rare chance to create a new construction residence in one of the area’s most desirable locations, just moments from downtown Wayzata, Lake Minnetonka, restaurants, shops, parks, and trails. Bring your own builder and vision to design a home that fits your lifestyle in an established neighborhood surrounded by luxury homes. Whether you’re looking to build a timeless classic or a modern custom residence, this property provides the ideal setting in a premier Wayzata location. A rare offering with incredible potential — don’t miss this opportunity to build in the heart of Wayzata.
Directions
Turn right at the 1st cross street onto Wayzata Blvd, Turn right onto Minnetonka Ave N.

Assumable Loan

Not Assumable
Yes

Development Status

Finished Lot(s)
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Restriction/Covenants

Other
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Other
Yes

Topography

Level
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Public Road
Yes
Storm Sewer
Yes

Land Inclusions

For Sale Sign
Yes
OTHER
Yes
IDX
Listing Office: Lakes Sotheby's International
Last Updated: August - 11 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.