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  • $3,700,000

    530 Locust Hills Dr, Wayzata, MN 55391

    4beds
    5,050sqft
    Single Family
    Built in 2016
    0.28 Acres Lot
    $3,812,000 Zestimate®
    $733/sqft
    $7,692 Estimated rent

    Home value

    $3,812,000

    $3.47M - $4.16M

    $7,692/mo

    Zestimate® history
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    What's special

    Introducing this stunning custom Denali build located in the highly sought after Locust Hills neighborhood. Elegant design meets excellent craftsmanship in this sprawling rambler, providing one-level living at its finest. Entertain your guests in your chef's kitchen while taking in panoramic nature views overlooking Lake Minnetonka. With high-end built-ins, vaulted ceilings, and full lower level wet bar, this home is sure to impress. Cozy up in your four season porch featuring stone fireplace and attached deck. Walk to downtown Wayzata for a bite to eat or jump on your boat from your private dock within steps of your home. Homeowners enjoy access to a beautiful clubhouse and pool, complimenting this luxurious lifestyle. Located in the award-winning Wayzata school district, this property offers it all.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen S Fowke 612-559-0974,

    Lakes Sotheby's International,

    Ryan R Weber 651-334-4507

    Bought with:

    Elizabeth C Ulrich

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6658834MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 19x16
    Bedroom 2
    • Level: Lower
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Bedroom 3
    • Level: Lower
    • Area: 228 Square Feet
    • Dimensions: 19x12
    Bedroom 4
    • Level: Lower
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Dining room
    • Level: Main
    • Area: 190 Square Feet
    • Dimensions: 19x10
    Family room
    • Level: Lower
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Kitchen
    • Level: Main
    • Area: 308 Square Feet
    • Dimensions: 28x11
    Laundry
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 09x07
    Living room
    • Level: Main
    • Area: 340 Square Feet
    • Dimensions: 20x17
    Mud room
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 12x06
    Office
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Other
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 06x06
    Porch
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 17x15
    Walk in closet
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 18x10
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Washer Hookup
    Features
    • Basement: Drain Tiled,Finished,Full,Concrete,Sump Pump,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Amusement Room, Family Room, Gas, Living Room, Stone
    Interior area
    • Total structure area: 5,050
    • Total interior livable area: 5,050 sqft
    • Finished area above ground: 2,674
    • Finished area below ground: 2,376

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (23x32)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Pool features: Shared
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Association Access, Deeded Access, Dock, Lake View
    Lot
    • Size: 0.28 Acres
    • Dimensions: 94 x 121 x 121 x 111
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 2400
    • Parcel number: 0811722210022
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Shake,Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Locust Hills
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Boat Slip, Boat Dock
    • Services included: Beach Access, Dock, Lawn Care, Professional Mgmt, Recreation Facility, Shared Amenities, Snow Removal
    • HOA fee: $1,548 monthly
    • HOA name: Locust Hills HOA
    • HOA phone: 763-225-6400
    Location
    • Region: Wayzata

    Financial & listing details

    • Price per square foot: $733/sqft
    • Tax assessed value: $3,661,800
    • Annual tax amount: $39,809
    • Date on market: 2/12/2025
    • Cumulative days on market: 25 days

    Price history

    DateEventPrice
    4/14/2025Sold$3,700,000+1.5%$733/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6658834 Report a problem
    3/11/2025Pending sale$3,645,000$722/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6658834 Report a problem
    2/14/2025Listed for sale$3,645,000+35%$722/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6658834 Report a problem
    9/15/2020Sold$2,700,000-8.5%$535/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5501734 Report a problem
    8/7/2020Pending sale$2,950,000$584/sqft
    Source: Trenary Realty group #5501734 Report a problem
    6/5/2020Price change$2,950,000-7.8%$584/sqft
    Source: Trenary Realty group #5501734 Report a problem
    3/19/2020Listed for sale$3,200,000-0.7%$634/sqft
    Source: Trenary Realty group #5501734 Report a problem
    10/21/2016Sold$3,223,494+258.2%$638/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4771814 Report a problem
    2/26/2016Sold$900,000+8.4%$178/sqft
    Source: Public Record Report a problem
    2/9/2015Sold$830,000+1.8%$164/sqft
    Source: Public Record Report a problem
    6/12/2013Sold$815,294$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$51,320 +28.9%$3,661,800 -10.7%
    2024$39,809 +12.9%$4,098,400 +23%
    2023$35,260 +0.4%$3,331,100 +15.9%
    2022$35,127 -11.3%$2,875,000 +13%
    2021$39,621 +5.8%$2,545,000 -11.5%
    2020$37,439 -5.5%$2,875,000 +9.5%
    2019$39,621 +5.8%$2,625,000 +5.5%
    2018$37,439 +4.8%$2,489,000 +171.4%
    2017$35,719 +183.1%$917,000 +25.1%
    2016$12,615 +9.7%$733,000 +10.1%
    2015$11,497 +7%$666,000 +7.4%
    2014$10,742 +163%$620,000 +98.1%
    2009$4,085 $313,000
    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,812,000
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    Estimated market value
    $3,812,000