Lori Gustafson

373 Park Street E

Wayzata, MN
$ 2,750,000 Beds 5 Baths 3.5 Sq 6,664
Monthly Estimate* How much can I afford?

Welcome to 373 Park Street East, an exceptional custom home in the heart of Wayzata, where timeless architecture meets modern luxury. Thoughtfully designed by the acclaimed Alexander Design Group and expertly crafted by Stonewood, this remarkable residence showcases impeccable craftsmanship, sophisticated finishes, and extraordinary attention to detail throughout. The sun-filled main level features an open-concept design that effortlessly blends elegance with everyday comfort. At the heart of the home is a stunning gourmet kitchen with quartz countertops, premium appliances, a generous center island, and abundant workspace—perfect for everything from casual family meals to effortless entertaining. The adjoining living room offers a beautiful fireplace and inviting gathering space, while the formal dining room is ideal for hosting special occasions. Just beyond, the four-season porch creates a seamless indoor-outdoor experience with its cozy gas fireplace and garage-style door that opens to the backyard, making it a favorite place to relax in every season. Every space reflects Kathy Alexander's signature design aesthetic, combining classic character with modern functionality. Carefully selected finishes, rich textures, and custom details curated by the original owner create a home that is both refined and uniquely memorable. Designed with entertaining in mind, the lower level offers an expansive recreation room, a hidden speakeasy, and a pool table that is included with the home—creating the perfect setting for gatherings with family and friends. Upstairs, the luxurious owner's suite serves as a private retreat, complete with a spa-inspired bath and an oversized walk-in closet. Additional bedrooms and flexible living spaces provide room for guests, work, hobbies, or growing families. Even four-legged family members are thoughtfully considered with an oversized mudroom featuring a dog door, outdoor kennel access, and a built-in dog wash located in the garage. Outside, professionally designed landscaping surrounds multiple outdoor living spaces, creating a private oasis just moments from downtown Wayzata. Enjoy an easy walk to the shores of Lake Minnetonka, boutique shopping, award-winning restaurants, parks, and highly regarded schools. Rarely does a home combine this level of design, craftsmanship, location, and lifestyle. 373 Park Street East is truly a one-of-a-kind opportunity to experience the very best of Wayzata living.

Single Family

  • Price
  • $ 2,750,000
  • City
  • Wayzata
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Wayzata Park Add
  • Lot Size
  • 0.41 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 6,664
  • Year Built
  • 2018
  • Taxes
  • $ 28941
  • Style
  • Single Family
  • MLS#
  • 7120038
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 6664
Sewer City Sewer/Connected
Heating Boiler,Forced Air,Fireplace(s),In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Electronic Air Filter,Exhaust Fan,Freezer,Humidifier,Gas Water Heater,Water Filtration System,Water Osmosis System,Indoor Grill,Microwave,Range,
Garage Spaces 3
Construction Materials Brick,Stone
Year Built 2018
Electric 200+ Amp Service,Other
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Wayzata Park Add
Other Structures Storage Shed
Full Baths 3
Directions West on Wayzata Blvd - North on Minnetonka Avenue - West on Park Street.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 28941
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),City View,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,Security System,Security Lights,Sun Room,Tile Floors,Vaul
PostalCity Wayzata

Interior Features

Basement Drain Tiled,Egress Window(s),Finished,Full,Storage Space
Total Fireplaces 2
Fireplace Features Gas,Living Room,Other
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 4377
Half Baths 1
Laundry Features Laundry Room,Upper Level
Total Bedrooms 5
Below Grade Finished Area 2287
Total Baths 4
Bath Desc 3/4 Basement,Bathroom Ensuite,Full Primary,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Primary Walk-Thru
Dining Room Description Breakfast Bar,Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 775

Exterior Features

Fencing Composite,Full
Parking Features Attached Garage
Lot Features Property Adjoins Public Land,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.41
Building Area Total 6664
Lot Dimensions 104.5x165
Waterfront Y/N No
Foundation Area 2215
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

8/1/2026 Listed $2,750,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$2.75M
Taxes
AVG $28,715
$28,941
Year Built
AVG 1995
2018
Visits
AVG 167
82
Data Provided by Inside Real Estate®

Areas That We Cover

373 Park Street E Wayzata, MN is a Single Family Home for sale at $2750000 with 6664 sqft and a lot size of 0.41 Acres Acre(s). 373 Park Street E Wayzata has 5 bedrooms, 3 baths and was built in 2018. 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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