Wayzata Real Estate

Wayzata Depot Docks - Lake MinnetonkaThe crown jewel of Lake Minnetonka. Wayzata is a collection of luxury lakeside homes dating back to the origins of Lake Minnetonka. This gorgeous lakeside community lies on a stretch of pristine northern shoreline that has enticed people to the region for decades. Featuring some of the Midwest’s most prestigious properties, Wayzata has long been recognized as a summer retreat, turned permanent vacation living, for some of Minnesota’s most prominent families.

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Wayzata Real Estate Market StatsDecember 13, 2017
47
Listed
120
Avg. DOM
$459.12
Avg. $ / Sq.Ft.
$949,800
Med. List Price
47 Properties Found. Showing 1-12
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History of Wayzata

Train Depot - Wayzata MinnesotaWayzata is the closest city on Lake Minnetonka to Minneapolis and St. Paul.  For this reason, it became a convenient vacation destination for people traveling by rail. Visitors enjoyed the numerous hotels built along the sunny north shore. Hotelier and railroad giant, James J. Hill, acquired the Great Northern railroad that brought travelers out to Lake Minnetonka from the cities. Hill was able to convince Wayzata that building one of the finest railroad depots of the time with a downtown location would help the city prosper. Hill was right, and with the placement of the Wayzata depot, Wayzata soon experienced the economic growth and retail demand that continues to be met today with high-end fashion and luxurious shopping. The tracks still parallel Wayzata's Lake Street and the historically preserved Depot. The railroad eventually gave way to the invention of the automobile allowing summer vacationers to spend more time on the Lake. With roads and cars the building of summer cottages became more prevalent. As modern conveniences allowed, the cottages then gave way to year round residences.  Read More...

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