Lori Gustafson

1155 Heritage Lane

Wayzata, MN
$ 2,675,000 Beds 5 Baths 3.5 Sq 5,478 Virtual Tour
Monthly Estimate* How much can I afford?

LAKE ACCESS! Magnificent setting. Magnificent home. This classic walk-out rambler spans across a majestic setting showcasing an extraordinary view of the marsh and pond of the Fox Hill Neighborhood on Lake Minnetonka. The stunning 5,400 square foot home is sighted perfectly on over one acre of level grounds. The architecture and natural setting are a reminder of why a rambler is chosen by discerning buyers so frequently. As you enter into the completely renovated foyer, kitchen, and family room you are greeted by open, airy, vast views afforded by the over-sized brand-new windows. Enjoy main-floor living with a spacious primary suite featuring a private balcony. The home features three gas fireplaces inside as well as a fire pit outside. A brand-new custom bar in the lower level is perfect for entertaining. Rarely does a property like this become available — complete with deeded access to Lake Minnetonka on Smith’s Bay. Whether you’re looking for peaceful lakeside living or a spectacular place to host, this home delivers both luxury and effortless style.

Single Family

  • Price
  • $ 2,675,000
  • City
  • Wayzata
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Foxhill
  • Lot Size
  • 1.01 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 5,478
  • Year Built
  • 1969
  • Taxes
  • $ 16942
  • Style
  • Single Family
  • MLS#
  • 7112427
Listed By: Lakes Sotheby's International
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5478
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air,Zoned
Roof Age 8 Years or Less
Appliances Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Freezer,Water Filtration System,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 1750
Garage Spaces 3
Association Fee Includes Beach Access,Other,Shared Amenities
Pool Features None
Construction Materials Block,Post and Beam,Concrete,Frame,Stone
Year Built 1969
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2025
Waterfront Features Association Access,Deeded Access,Lake View
Accessibility None
Assoc Fee Paid Per Annually
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Foxhill
Full Baths 2
Directions Highway 394 W to County Road 15,West to Heritage Lane to property.
City Wayzata
Association Name Fox Hill Association
High School District Orono
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 16942
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/nvideo-x8hrvk
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Boat Slip,In-Ground S
PostalCity Wayzata

Interior Features

Basement Finished,Full,Walkout
Total Fireplaces 3
Fireplace Features Family Room,Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3404
Half Baths 1
3/4 Baths 1
Laundry Features Lower Level,Laundry Room,Sink,Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 2074
Total Baths 4
Bath Desc 3/4 Basement,Double Sink,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 32x21
Garage Square Feet 750

Exterior Features

Fencing None
Parking Features Attached Garage,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage
Lot Features Corner Lot,Tree Coverage - Light
Water Source Well
Lot Size Area 1.01
Building Area Total 5478
Lot Dimensions 311x243
Waterfront Y/N No
Foundation Area 2316
Road Frontage Type City Street,Cul De Sac,Curbs,No Outlet/Dead End
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/20/2026 Listed $2,675,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$2.68M
Taxes
AVG $28,715
$16,942
Year Built
AVG 1995
1969
Visits
AVG 167
27
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1155 Heritage Lane Wayzata, MN is a Single Family Home for sale at $2675000 with 5478 sqft and a lot size of 1.01 Acres Acre(s). 1155 Heritage Lane Wayzata has 5 bedrooms, 3 baths and was built in 1969. The property's zip code is 55391 which is in Wayzata, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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