Perfectly located for West Metro convenience, this 1950 built home sits on 1.37 acres in the Wayzata School District, blending privacy and acreage with a prime location. Located in the highly desirable 55391 zip code, you are just minutes from the lakeside dining and shopping of downtown Wayzata, with Ridgedale Center shopping hub practically in your backyard and quick freeway access to downtown. This home offers incredible potential and rare versatility. Spread across two distinct parcels (1628 Oakways & 1700 Oakways) totaling 1.37 acres, the property presents a unique opportunity for buyers and developers alike. Move in and enjoy it as-is, renovate to create your dream home in an area of unlimited value, or explore the distinct redevelopment potential to build a true legacy estate. Inside, the main level features a living room where a wall of south-facing windows overlooks a prairie-like yard. The updated kitchen flows seamlessly into the dining space, offering direct access to the backyard for indoor-outdoor living. For quieter moments, a separate den sets the perfect mood for evening lounging. The bedroom and bathroom layout provides flexible options for all buyers with four bedrooms and three bathrooms on one level. Complete with main floor laundry. Below, the lower level is fully finished and ready to entertain as it walks out to the large yard. Surrounded by nature yet connected to everything, this is a unique opportunity to secure a substantial property in a neighborhood that commands attention and prestige.

Date	Event	Price
8/14/2026	Sold	$825,000$191/sqft
Source: NorthstarMLS as distributed by MLS GRID #7007550 Report a problem
6/3/2026	Pending sale	$825,000$191/sqft
Source: NorthstarMLS as distributed by MLS GRID #7007550 Report a problem
5/22/2026	Listed for sale	$825,000$191/sqft
Source: NorthstarMLS as distributed by MLS GRID #7007550 Report a problem

Year	Property taxes	Tax assessment
2025	$8,041 +6.6%	$631,800 +1.5%
2024	$7,542 +5.4%	$622,500 +1.1%
2023	$7,156 +4.5%	$615,900 +5.5%
2022	$6,847 +5.2%	$583,900 +14.1%
2021	$6,511 -3.6%	$511,600 +4.2%
2020	$6,756 +3.8%	$490,900 0%
2019	$6,511 -3.6%	$491,000 +4.9%
2018	$6,756 +7.9%	$468,100 +5.1%
2017	$6,259 +1.1%	$445,300 -6.4%
2016	$6,193 -7.7%	$475,800 +2.7%
2015	$6,709 +0.2%	$463,100 +2.8%
2014	$6,696 +3.5%	$450,500 +1.5%
2013	$6,470 +0.2%	$443,900 -3.1%
2012	$6,456 +5.5%	$458,000
2011	$6,119 -1.2%	$458,000 -8.1%
2010	$6,194 +5.5%	$498,300
2009	$5,870 +22.2%	$498,300 +23.4%
2006	$4,805 +18%	$403,800 +15%
2005	$4,071 +10.9%	$351,200 +15%
2004	$3,672 +7.5%	$305,400 +12%
2002	$3,416 -34.7%	$272,700
2001	$5,235	--

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1628 Oakways St, Wayzata, MN 55391

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