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132 Minnetonka Avenue NWayzata, MN 55391

$775,000

0.17 acre lot

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About this home

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.

Home facts

Home type
Land and lot
Style
Other
Lot
0.17 acres
Garage
2 stalls
Property taxes
$8,419 a year
Listed
May 28, 2026
MLS number
7081164

Broker ReciprocityListing courtesy of Lakes Sotheby's International (Kevin P Mullen). MLS #7081164.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

132 Minnetonka Avenue N, Wayzata, MN 55391 is a lot, listed for $775,000 on May 28, 2026 by Lakes Sotheby's International. That is in the lower quarter of the 6 land and lots for sale in Wayzata right now (median $4.0725 million).

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

The location

What would the monthly payment be?

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Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.

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