Lori Gustafson

3945 Hillcrest Way

Wayzata, MN
$ 1,749,000 Beds 5 Baths 4 Sq 5,121 Virtual Tour
Monthly Estimate* How much can I afford?

Completely reimagined from top to bottom, this exceptional home blends timeless style with the comfort and convenience of today's most sought-after features. Every space has been thoughtfully renovated with high-end finishes, creating a home that feels both sophisticated and welcoming from the moment you arrive. At the heart of the home, the stunning chef's kitchen is designed for gathering, featuring customized cabinetry, soapstone countertops, premium appliances, and beautiful hardwood floors that flow into inviting living spaces. Whether you're enjoying a quiet evening by the gas fireplace, hosting friends in the beautifully finished lower level with its custom wet bar and dedicated theater room, or unwinding in the sauna after a workout, every detail has been crafted to elevate everyday living. Upstairs, the luxurious primary suite offers a peaceful retreat with a custom walk-in closet and spa-inspired bath featuring heated marble floors, a soaking tub, oversized tiled shower, and premium finishes. Four additional bedrooms, updated bathrooms, and the convenience of second-floor laundry provide plenty of space for family and guests. Located in one of Deephaven's most desirable neighborhoods, you'll enjoy a peaceful setting just minutes from downtown Wayzata, Lake Minnetonka, boutique shopping, waterfront dining, and the Luce Line Trail, with neighborhood tennis courts nearby for recreation. New landscaping, windows, roof, and a heated, insulated garage complete the home's impressive curb appeal, while integrated sound, designer finishes, and countless thoughtful updates create a truly turnkey home where every detail is done to perfection.

Single Family

  • Price
  • $ 1,749,000
  • City
  • Wayzata
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Hillcrest Way
  • Lot Size
  • 1.3 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 5,121
  • Year Built
  • 1976
  • Taxes
  • $ 12867
  • Style
  • Single Family
  • MLS#
  • 7117987
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5121
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s),Humidifier,In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
Appliances Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Humidifier,Gas Water Heater,Water Filtration System,Water Osmosis System,Iron Filter,Microwave,Range,Refrigerator,Stainless Steel Appliances,Trash Co
Garage Spaces 2
Pool Features None
Construction Materials Block,Concrete,Frame
Year Built 1976
Electric Circuit Breakers,200+ Amp Service
Levels Modified Two Story
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Hillcrest Way
Full Baths 2
Directions Minnetonka Blvd to Hillcrest Road left on Hillcrest Way to home.
City Deephaven
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 12867
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-qwvhb9
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Sauna,Security Lights,Tile Floors,Washer/Dryer Hookup,Wet Ba
PostalCity Wayzata

Interior Features

Basement Block,Daylight/Lookout Windows,Finished,Full,In-Floor Heat,Storage Space,Tile Shower
Total Fireplaces 2
Fireplace Features Brick,Circulating,Family Room,Gas,Insert,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2874
Half Baths 2
3/4 Baths 1
Laundry Features In Basement,Electric Dryer Hookup,Gas Dryer Hookup,In Hall,Laundry Closet,Upper Level
Total Bedrooms 5
Below Grade Finished Area 2247
Total Baths 5
Bath Desc Full Primary,Private Primary,Main Floor 1/2 Bath,Other,Separate Tub & Shower,Upper Level Full Bath,Walk-In Shower Stall
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 24x27
Garage Door Width 7
Garage Square Feet 690

Exterior Features

Fencing None
Parking Features Attached Garage,Asphalt,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Storage
Lot Features Tree Coverage - Medium,Underground Utilities
Water Source Well
Lot Size Area 1.3
Building Area Total 5728
Lot Dimensions Irregular
Waterfront Y/N No
Foundation Area 2854
Road Frontage Type City Street,Cul De Sac,Paved Streets
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

8/10/2026 Listed $1,749,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$1.75M
Taxes
AVG $28,715
$12,867
Year Built
AVG 1995
1976
Visits
AVG 167
19
Data Provided by Inside Real Estate®

Areas That We Cover

3945 Hillcrest Way Wayzata, MN is a Single Family Home for sale at $1749000 with 5121 sqft and a lot size of 1.3 Acres Acre(s). 3945 Hillcrest Way Wayzata has 5 bedrooms, 3 baths and was built in 1976. 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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