Lori Gustafson

3213 County Road 101 S

Minnetonka, MN
$ 675,000 Beds 3 Baths 2.5 Sq 2,851 Virtual Tour
Monthly Estimate* How much can I afford?

Bring your vision to this rare Wayzata opportunity. The property includes two adjacent parcels totaling just over 1.5 acres, along with access to an exclusive HOA with potential dock and beach access. The existing 1939 home offers a great starting point for a buyer who wants to put in the work and create something special. For a young family or hands-on buyer, this is a chance to remodel over time and build the home you have always wanted, with plenty of space to enjoy the yard, entertain, and grow into the property. For builders and investors, the value is in the land and location. Two parcels, more than 1.5 acres, and access to the lake lifestyle create a unique opportunity to renovate, rebuild, or explore future possibilities subject to city and HOA approvals. This is the kind of property that gives you options. Improve what is here, create something new, or hold onto a rare piece of land in a highly desirable Wayzata location. Two parcels, over 1.5 acres, dock and beach access, and plenty of potential.

Single Family

  • Price
  • $ 675,000
  • City
  • Minnetonka
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Woollums Add
  • Lot Size
  • 1.56 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 2,851
  • Year Built
  • 1939
  • Taxes
  • $ 7863
  • Style
  • Single Family
  • MLS#
  • 7123033
Listed By: Real Broker, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2851
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Cooktop,Dishwasher,Disposal,Exhaust Fan,Microwave,Range,Refrigerator,Wall Oven,Water Softener Owned
HOA Fee 200
Garage Spaces 3
Association Fee Includes Beach Access
Year Built 1939
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 1711722230057
Assoc Fee Paid Per Annually
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Woollums Add
Full Baths 1
Directions HWY 7 West to CR 101 S. North to property.
City Minnetonka
Association Name Groveland Association
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 7863
Additional Parcels Y/N Yes
Virtual Tour https://agnt-media.aryeo.com/sites/rgblmkzv/unbranded
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Hot Tub,Natural Woodwork,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Minnetonka

Interior Features

Basement Finished
Total Fireplaces 2
Fireplace Features Family Room,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2347
Half Baths 1
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 504
Total Baths 3
Bath Desc Main Floor 3/4 Bath,Main Floor Full Bath,Upper Level 1/2 Bath
Dining Room Description Breakfast Area,Eat In Kitchen,Living/Dining Room
Fuel Natural Gas
Garage Square Feet 832

Exterior Features

Parking Features Detached Garage,Asphalt,Shared Driveway,Garage Door Opener
Lot Features Tree Coverage - Heavy
Water Source City Water/Connected
Lot Size Area 1.56
Building Area Total 2676
Lot Dimensions 307x111x308x111
Waterfront Y/N No
Foundation Area 900
Road Frontage Type Paved Streets,State 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

8/20/2026 Listed $725,000
9/8/2026 4% - $699,900
9/21/2026 4% - $675,000

Property vs Zip Code Average in 55391

Price
AVG $3.93M
$680K
Taxes
AVG $28,738
$7,863
Year Built
AVG 1995
1939
Visits
AVG 164
30
Data Provided by Inside Real Estate®

Areas That We Cover

3213 County Road 101 S Minnetonka, MN is a Single Family Home for sale at $675000 with 2851 sqft and a lot size of 1.56 Acres Acre(s). 3213 County Road 101 S Minnetonka has 3 bedrooms, 2 baths and was built in 1939. The property's zip code is 55391 which is in Minnetonka, 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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