Lori Gustafson

3114 County Road 101 S

Wayzata, MN
$ 750,000 Beds 3 Baths 3 Sq 3,665
Monthly Estimate* How much can I afford?

One-story rambler with a walkout lower level is set far back from County Road 101 on a private half-acre-plus lot, surrounded by mature trees that create a peaceful setting and western views overlooking Shaver Lake. The home offers three bedrooms, three bathrooms, a flexible office or bonus space, and main-level laundry, providing all living facilities on one level. The bright main level is highlighted by generous ceiling heights and a living room centered around a wood-burning fireplace. The walkout lower level features 9-foot ceilings, abundant natural light, and direct access to the private backyard, creating a spacious and open feel throughout. Unfinished space provides flexibility for storage or future expansion. Enjoy the outdoors from three separate decks, offering multiple spaces to relax while still remaining close to city conveniences. Located near Minnetonka Boulevard and County Road 101, and approximately half a mile from Gray’s Bay public landing on Wayzata Bay of Lake Minnetonka, this home combines privacy, functionality, and a sought-after Wayzata location.

Single Family

  • Price
  • $ 750,000
  • City
  • Wayzata
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Groveland Acres
  • Lot Size
  • 0.572 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 3,665
  • Year Built
  • 1993
  • Taxes
  • $ 7323
  • Style
  • Single Family
  • MLS#
  • 7117977
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3665
Sewer Septic System Compliant - Yes
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Age Over 8 Years,Asphalt
Appliances Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Water Filtration System,Refrigerator,Stainless Steel Appliances
Garage Spaces 2
Year Built 1993
Electric Circuit Breakers
View East,Lake
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Groveland Acres
Full Baths 2
Directions Mtka Blvd W to County Road 101 N to home,shared driveway,go to the left around the red house
City Wayzata
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7323
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Porch,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wa
PostalCity Wayzata

Interior Features

Basement Block,Crawl Space,Daylight/Lookout Windows,Egress Window(s),Finished,Full,Storage/Locker,Storage Space,Tray Ceiling(s),Walkout
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2200
3/4 Baths 1
Laundry Features Gas Dryer Hookup,Laundry Room,Main Level,Sink,In Unit,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 1465
Total Baths 3
Bath Desc Basement,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 3/4 Bath,Main Floor Full Bath,Separate Tub & Shower,Walk-In Shower Stall
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Square Feet 402

Exterior Features

Parking Features Attached Garage,Asphalt,Shared Driveway,Garage Door Opener
Lot Features Irregular Lot,Tree Coverage - Heavy
Water Source Well
Lot Size Area 0.572
Building Area Total 4400
Lot Dimensions 100x217x111x264
Waterfront Y/N No
Foundation Area 2200
Road Frontage Type City Street
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
Adjust Payment Options
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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

7/29/2026 Listed $780,000
9/17/2026 4% - $750,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$750K
Taxes
AVG $28,715
$7,323
Year Built
AVG 1995
1993
Visits
AVG 167
77
Data Provided by Inside Real Estate®

Areas That We Cover

3114 County Road 101 S Wayzata, MN is a Single Family Home for sale at $750000 with 3665 sqft and a lot size of 0.572 Acres Acre(s). 3114 County Road 101 S Wayzata has 3 bedrooms, 3 baths and was built in 1993. 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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