Real Estate Statistics
| Average Price | $2.8M |
|---|---|
| Lowest Price | $250K |
| Highest Price | $16M |
| Total Listings | 31 |
| Avg. Days On Market | 47 |
| Avg. Price/SQFT | $707 |
Property Types (active listings)
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Wayzata Highlights:
Wayzata boasts the most robust retail and restaurant scene among Lake Minnetonka communities, with a bustling downtown full of local shops, dining, and charm. Thanks to municipal transient docks just steps from downtown, residents and visitors alike can arrive by boat and enjoy complimentary docking while exploring the area.
The local real estate market is equally diverse. Homebuyers can choose from walkable downtown residences, newly constructed neighborhoods, and historic homes dating back to the 1920s. The city is also home to Lake Minnetonka’s prestigious “Gold Coast,” where streets like Bushaway and Ferndale feature grand estates with sprawling lakefront lots. Downtown Wayzata continues to evolve with new condominiums, townhomes, one-level living options, and even an assisted living complex offering everything from independent living to 24/7 care.
Just 12.5 miles from downtown Minneapolis, Wayzata combines small-town charm with big-city access. It offers excellent public schools, convenient lake access, and a wide variety of housing options for both lakeshore and non-lakeshore buyers. Public services like its own police and fire departments, post office, and city hall contribute to a high quality of life. With a crime rate 39% lower than the national average and a 40% decrease in recent years, Wayzata is not only vibrant—it’s also one of the safest places to call home.
INSIDER TIPS
WAYZATA SCHOOL DISTRICT
Wayzata is located in the Wayzata School District and is an award-winning school district for academics, and has a very competitive and diverse athletic program. School District 284 serves the cities of Wayzata, Corcoran, Maple Grove, Medicine Lake, Medina, Minnetonka, and Plymouth, and serves over 38 square miles of citizens.
MUNICIPAL BOAT SLIPS
The City of Wayzata operates a 100-slip marina at the corner of Barry Avenue and Grove Lane. Boat slips are allocated through a lottery system open exclusively to Wayzata residents, with a limit of one application per household. To be considered, applications must be submitted to the City Clerk by the first Tuesday in February. Priority increases with each consecutive year an applicant has participated in the lottery without receiving a permit. For full details and eligibility requirements, visit the City of Wayzata’s official website.
RESTAURANTS
There are too many fantastic dining options in Wayzata to list. Whether looking for casual and relaxed dining, such as the Muni (city of Wayzata-owned restaurant), to something quick like Crisp & Green, or elegant dining like Gianni's Steakhouse, you'll always find what you're looking for in Wayzata.
PARKS & NATURE
Bell Courts Park, Big Woods Preserve, Broadway Docks, Children's Garden, City Hall Park, Great Lawn, Heritage Park at Batson's Corner, Klapprich Park & Field, Margaret Circle Park, Nature Center, Post Office Pocket Park, Shaver Park, Wayzata Beach and Marine, Wayzata Depot and Railroad Museum, Wayzata West Middle School Courts
RETAIL
Wayzata has an extensive retail community- you've heard of the term Shop Local? You do not need to leave Wayzata for any shopping needs. You can find everything from groceries at Lunds & Byerlys to clothing, furniture, and everything in between. You won't be disappointed with the shopping in Wayzata.
HOTEL
Wayzata boasts one of the only hotels on Lake Minnetonka with the newly built "The Landing." The Landing combines luxury condo ownership with daily rate hotel rooms and helps marry the lakeside community life with hotel amenities.
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