355 Margaret Circle, Wayzata, MN 55391 (MLS# 7158929)

355 Margaret Circle, Wayzata, MN 55391

New Listing
$5,500
Property Type: Rental Bedrooms: 4 Baths: 4 Square Footage: 3,850 Lot Size (sq. ft.): 35,284 Status: Active
Current Price: $5,500 List Date: 10/12/2026 Last Modified: 10/12/2026

Overview

Description

Welcome to 355 Margaret Circle, Wayzata, 55391! This charming property is a unique opportunity for anyone looking to live in a desirable neighborhood, with a newly remodeled kitchen and primary suite with walk-in closet and laundry. This residence boasts a spacious layout on a generous lot, wooded on both sides and overlooking a serene wetland. Walkable to the Luce Line and downtown Wayzata. Wayzata Schools! With its prime location near local amenities, parks, and schools, this home is a fantastic option waiting for your personal touch.

Listing Details MLS# 7158929

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multi-Unit Development
No
Multiple PIDs?
No
Number of Fireplaces
2
Waterfront YN
No
Year Built
1959
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Lake/Waterfront Name
Unnamed
Main Floor Total SqFt
1360
Above Grd Total SqFt
2500
Below Grd Total SqFt
1350
Total SqFt
3850
Total Finished Sqft
3600.00
FireplaceYN
Yes
Power Company
Xcel Energy
Style
(SF) Single Family
Bath Quarter
Yes
Garage Stalls
2
Lot Dimensions
169x199x239x188
Acres
0.81
Foundation Size
1350

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Hardwood Floors; Kitchen Center Island; Kitchen Window; Patio; Porch; Primary Bedroom Walk-In Closet; Walk-In Closet Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Water Osmosis System Basement: Egress Windows; Partially Finished Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary; 1/2 Basement; Walk-In Shower Stall Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room; Living/Dining Room Electric: 200+ Amp Service; Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Conventional Exterior: Metal Family Room Characteristics: Family Room; Lower Level Fencing: None Fireplace Characteristics: Brick; Decorative; Family Room; Living Room Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Lake Details: Wetland Laundry: In Basement; Laundry Room; Upper Level Lot Description: Irregular Lot; Tree Coverage - Medium; Wetlands Owner Pays: None Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Primary Bdr Suite; Renovated Stories: Two Tenant Pays: All Utilities Water: City Water/Connected Waterfront Type: Pond Waterfront View: South; East

Contract Information

ListPrice
5500
Contingency
None
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
355 Margaret
Street Name
Circle
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Fazendins Add To Wayzata

Basement

Foundation Dimensions
35x65

Building Information

Application Fee
100
Available Date
2026-10-12
Background Check Req
Yes
Finished SqFt Above Ground
2250
Finished SqFt Below Ground
1350
Furnished
Furnished
Other Deposits Fees
Pet Free -$75 per pet
Pre Paid Rent
No
Security Deposit
8000
Smoking Permitted
No

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
10-15

Lake Details

Lake Acres
11

Lease Details

Land Leased
Not Applicable
Min Lease Months
12 Months
Original Monthly Rent
5500

Miscellaneous Information

For Sale ML Number
7137188
Homestead
No

Parking Characteristics

Garage Dimensions
36x26
Garage Door Height
8
Garage Door Width
18
Garage Square Feet
950

Public Survey Info

Range#
22
Section#
31
Township#
118

Ownership

Fractional Ownership
No

Room Information

Room Name Level
Den Main
Dining Room Main
Family Room Basement
(1st) Bedroom Upper
(4th) Bedroom Lower
Laundry Upper
Laundry Lower
Living Room Main
Mud Room Main
Screened Porch Main
(2nd) Bedroom Upper
(3rd) Bedroom Upper
IDX
Listing Office: Engel & Volkers Lake Minnetonka
Last Updated: October - 12 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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