Views
Address
355 Margaret Circle, Wayzata, MN
Price
$ 2,995,000
Property Attributes
  • ID#7137188
  • TypeSingle Family
  • Listing Status Active
  • CountyHENNEPIN
  • CityWayzata
  • AreaFazendins Add To Wayzata
  • NeighborhoodFazendins Add To Wayzata
  • Zip55391
  • StyleSingle Family
  • Year Built2026
  • Taxes$ 7344
  • Price$ 2,995,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage5217
  • Lot Size0.81 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

A rare opportunity awaits to build your dream home on a stunning .81-acre parcel, beautifully wooded on both sides with serene, private views overlooking a natural wetland. Nestled within the highly sought-after Margaret Circle neighborhood, you’ll enjoy a tranquil setting while remaining highly walkable to downtown Wayzata. This is truly one of the best lots available in Wayzata! This new construction project is build-exclusive to Gonyea Custom Homes. This custom residence is crafted for luxurious modern living, featuring an exceptional multi-level layout: The main level features a Primary Suite with an expansive bathroom/closet area, Office, Great Room, Gourmet Kitchen, Dining Room, Laundry, and ½ bath. Includes a Screen porch and Grilling Deck. The second level is designed with three generous Bedrooms, one with a ¾ ensuite bath, and a Jack & Jill bathroom adjoining the other two bedrooms. The lower level walk-out is dedicated to recreation, featuring a large Family Room, Game Room, stylish Walk-up Bar, and an indoor Athletic Court with extra Storage, and two more bonus Bedrooms, and a Full bathroom. Seize this chance to customize and create your perfect sanctuary with Gonyea Custom Homes in one of the most idyllic neighborhoods in Wayzata!

Price History
9/1/2026 Listed $2,995,000

General Features

Living Area 5217
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air,Zoned
Garage Spaces 3
Year Built 2026
Levels More Than 2 Stories
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Fazendins Add To Wayzata
Full Baths 3
Directions Hwy 12 to Wayzata Blvd W,N on Broadway,W on Ridgeview Dr,N on Far Hill,Left on Margaret Circle to property.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7344
Additional Parcels Y/N No
Builder Name GONYEA HOMES AND REMODELING
Standard Status Active
Lender Owned No
PostalCity Wayzata

Interior Features

Basement Finished,Walkout
Total Fireplaces 2
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3617
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1600
Total Baths 5
Fuel Natural Gas
Garage Square Feet 625

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.81
Building Area Total 5217
Lot Dimensions 169' x 199' x 239' x 188'
Waterfront Y/N No
Foundation Area 1600

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55391

Price
AVG $3.7M
$3M
Taxes
AVG $26,738
$7,344
Year Built
AVG 1996
2026
Visits
AVG 180
12
Data Provided by Inside Real Estate®

Areas We Cover