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  • Price cut: $200K (7/15)
    $5,750,000

    3705 Northshore Dr, Wayzata, MN 55391

    4beds
    6,874sqft
    : 
    $36,904/mo
    Get pre-qualified
    Single Family
    Built in 2026
    0.75 Acres Lot
    $-- Zestimate®
    $836/sqft
    $-- HOA

    What's special

    Indoor-outdoor lanai spacesGuest retreatThree ensuite bedroomsExercise room
    Welcome to 3705 North Shore Drive in Wayzata - an exclusive lakeside address on the shores of Lake Minnetonka. With 135 feet of pristine, southeast-facing sandy shoreline on Crystal Bay, this 0.39-acre parcel is a rare opportunity to create your dream retreat. The location offers both tranquility and convenience, with close proximity to the historic Lafayette Club, Lake Minnetonka Regional Park, and the charming shops and restaurants of downtown Wayzata. A proposed 6,874 sq ft custom luxury residence featuring a vaulted main-level owner’s suite, indoor-outdoor lanai spaces, and a design that celebrates sweeping lake views. Inside, every detail is thoughtfully crafted: a chef’s kitchen with vaulted ceilings and wood beams, spa-like owner’s bath, dual closets with a center island, and a mudroom with its own washer/dryer for lakeside convenience. A three-sided fireplace connects the kitchen, dining, and great room for effortless entertaining. Upstairs, the design continues with a lounge, bar, exercise room, golf simulator/theater, and guest retreat. Three ensuite bedrooms—two with skydeck access—offer privacy, comfort, and lake views from every window. Also included is the adjacent parcel at 1610 Shadywood Road. Combined, the two lots create an expansive 0.75-acre estate (feeling like 1.1 acres with the city easement), opening possibilities for a guest house, additional garage, or even sport courts—pending approvals. Lake Minnetonka spans over 14,000 acres with more than 100 miles of shoreline, making every season a chance to enjoy the water. From summer boating, paddleboarding, and sailing, to winter ice skating and fishing, life on Crystal Bay blends recreation with natural beauty. Make this lakeside legacy your own.
    304 days
    |
    559
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth C Ulrich 612-964-7184,

    Compass,

    Chelsey Danielson 612-327-1193

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6788788MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      • 1/2 bathrooms: 2
      Bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Upper
      Dining room
      • Level: Main
      Exercise room
      • Level: Upper
      Great room
      • Level: Main
      Hearth room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Upper
      Media room
      • Level: Upper
      Office
      • Level: Main
      Other
      • Level: Main
      Sauna
      • Level: Upper
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Freezer, Microwave, Other, Range, Refrigerator, Stainless Steel Appliance(s)
      • Laundry: Laundry Room, Sink, Upper Level
      Features
      • Basement: Crawl Space,Storage Space
      • Number of fireplaces: 3
      • Fireplace features: Double Sided, Gas
      Interior area
      • Total structure area: 7,619
      • Total interior livable area: 6,874 sqft
      • Finished area above ground: 6,700
      • Finished area below ground: 174

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Floor Drain, Insulated Garage, Garage
      • Attached garage spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Has view: Yes
      • View description: Bay, Lake
      • Has water view: Yes
      • Water view: Bay,Lake
      • Waterfront features: Lake Front, Lake View, Other, Lake Bottom(Sand)
      • Frontage length: Water Frontage: 135
      Lot
      • Size: 0.75 Acres
      • Features: Accessible Shoreline
      Details
      • Foundation area: 3024
      • Additional parcels included: 1711723210010
      • Parcel number: 1711723210011
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 2026
      Details
      • Builder name: OMNI CUSTOM BUILDERS, LLC

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Shady-Wood
      HOA
      • Has HOA: No
      Location
      • Region: Wayzata

      Financial & listing details

      • Price per square foot: $836/sqft
      • Tax assessed value: $1,681,000
      • Annual tax amount: $17,863
      • Date on market: 9/24/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Price change$2,590,000-7.2%$377/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7047355 Report a problem
        5/14/2026Price change$2,790,000-6.7%$406/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7047355 Report a problem
        5/6/2026Price change$2,990,000-48%$435/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7047355 Report a problem
        5/5/2026Price change$5,750,000+92.3%$836/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6788788 Report a problem
        4/2/2026Price change$2,990,000-48%$435/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7047355 Report a problem
        9/24/2025Listed for sale$5,750,000+195.6%$836/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6788788 Report a problem
        9/4/2025Listing removed$1,945,000$283/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6746676 Report a problem
        8/12/2025Price change$1,945,000-2.5%$283/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6746676 Report a problem
        6/30/2025Listed for sale$1,995,000+33%$290/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6746676 Report a problem
        4/2/2025Sold$1,500,000$218/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6613719 Report a problem
        1/6/2025Pending sale$1,500,000$218/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6613719 Report a problem
        11/26/2024Price change$1,500,000-16.7%$218/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6613719 Report a problem
        10/7/2024Listed for sale$1,800,000+50.6%$262/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6613719 Report a problem
        6/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/21/2023Listed for rent$2,095+13.2%
        Source: Zillow Rentals Report a problem
        1/25/2015Listing removed$1,850
        Source: Cities Rentals Report a problem
        12/8/2014Price change$1,850+2.8%
        Source: Executive Realty & Cities Rentals Report a problem
        10/25/2013Price change$1,800+0.3%
        Source: Zillow Rental Network Report a problem
        9/12/2013Listed for rent$1,795+5.9%
        Source: Zillow Rental Network Report a problem
        4/18/2012Listing removed$1,695
        Source: Executive Realty & Cities Rentals Report a problem
        4/2/2012Listed for rent$1,695
        Source: Executive Realty & Cities Rentals Report a problem
        5/25/2009Listing removed$1,195,000$174/sqft
        Source: NRT Minneapolis #3520727 Report a problem
        6/19/2008Listed for sale$1,195,000-27.6%$174/sqft
        Source: NRT Minneapolis #3520727 Report a problem
        12/8/2007Listing removed$1,650,000$240/sqft
        Source: VLS Homes Report a problem
        11/22/2007Listed for sale$1,650,000+1169.2%$240/sqft
        Source: VLS Homes Report a problem
        7/31/1997Sold$130,000$19/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,105 +3%$1,681,000 +3%
        2024$16,615 +10.8%$1,632,700
        2023$14,999 +33.9%$1,632,700 +7%
        2022$11,201 +1.9%$1,526,000 +48.7%
        2021$10,991 +7.4%$1,026,000 +3%
        2020$10,238 -6.9%$996,000 +11.8%
        2019$10,991 +7.4%$891,000
        2018$10,238 -5.2%$891,000 +2.9%
        2017$10,794 +0.2%$866,000
        2016$10,772 -1.4%$866,000 +14.2%
        2015$10,924 +14.3%$758,000 +0.9%
        2014$9,556 +5.5%$751,000 -0.3%
        2013$9,059 -8.6%$753,000 -11%
        2012$9,912 -2.4%$846,000 -12.1%
        2011$10,153 +6.5%$963,000 -2.8%
        2010$9,531 +15%$991,000 +7.9%
        2009$8,285 +51.2%$918,400 +54.9%
        2006$5,478 +7.3%$592,800 +15%
        2005$5,105 +13%$515,500 +15%
        2004$4,520 -1.2%$448,300 +12%
        2002$4,573 -39.2%$400,300
        2001$7,518 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55391

        Getting around

        2 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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