Lori Gustafson

3705 Shore Drive N

Wayzata, MN
$ 5,750,000 Beds 4 Baths 5 Sq 6,256
Monthly Estimate* How much can I afford?

1.26 and and over 200 feet of sandy lake shore with one level living. An exceptional opportunity to create a distinguished Lake Minnetonka estate on the shores of Crystal Bay. Set along **135 feet of southeast-facing sandy shoreline**, 3705 North Shore Drive offers an extraordinary combination of waterfront, privacy, scale, and proximity to Wayzata. The offering includes the adjacent parcel at 1610 Shadywood Road**, creating a combined 0.90-acre estate setting** that feels even more expansive with the adjoining city easement. The additional land provides valuable flexibility for future amenities such as a guest house, additional garage, sport court, or enhanced outdoor living spaces, subject to applicable municipal approvals. A proposed **6,874-square-foot custom residence** has been thoughtfully designed to maximize the property's exceptional setting and sweeping views of Crystal Bay. The architecture emphasizes sophisticated lake living, with expansive windows, vaulted ceilings, refined natural materials, and a seamless relationship between the interior and exterior spaces. The main level is anchored by an impressive vaulted great room and chef's kitchen featuring architectural wood beams and a dramatic three-sided fireplace connecting the kitchen, dining, and living areas. Indoor-outdoor lanai spaces extend the entertaining areas toward the lake and create an effortless connection to the shoreline. The main-level owner's suite is designed as a private retreat overlooking the water, complete with a spa-inspired bath and dual dressing rooms featuring a center island. A thoughtfully designed mudroom with a dedicated washer and dryer provides additional convenience for everyday lake living. The upper level offers a sophisticated collection of recreational and guest spaces, including a lounge and bar, exercise room, golf simulator/theater, and private guest retreat. Three ensuite bedrooms provide exceptional accommodations, with two featuring direct access to skydecks overlooking the property and Crystal Bay. The location is equally compelling. Positioned near the historic **Lafayette Club**, Lake Minnetonka Regional Park, and downtown Wayzata, the property provides convenient access to premier dining, shopping, recreation, and the amenities of one of Lake Minnetonka's most desirable communities. With more than **14,000 acres of water and over 100 miles of shoreline**, Lake Minnetonka offers an exceptional four-season lifestyle. Boating, sailing, paddleboarding, swimming, and sunset cruises define the warmer months, while skating and ice fishing extend the experience throughout winter. **With two parcels, 135 feet of sandy Crystal Bay shoreline, and a thoughtfully conceived custom residence, 3705 North Shore Drive represents a rare opportunity to establish a significant private estate on Lake Minnetonka.**

Single Family

  • Price
  • $ 5,750,000
  • City
  • Wayzata
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Shady-Wood
  • Lot Size
  • 1.26 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 6,256
  • Year Built
  • 2027
  • Taxes
  • $ 17105
  • Style
  • Single Family
  • MLS#
  • 7138183
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 6256
Sewer City Sewer/Connected
Heating Forced Air,In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle
Appliances Dishwasher,Disposal,Dryer,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 3
Construction Materials Concrete,Frame
Year Built 2027
Electric 200+ Amp Service
Topography Level
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Lake Front
Accessibility Other
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Shady-Wood
Full Baths 1
Directions to N Shore
City Wayzata
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 17105
Additional Parcels Y/N No
Builder Name OMNI CUSTOM BUILDERS,LLC
Standard Status Active
Lender Owned No
PostalCity Wayzata

Interior Features

Basement None
Total Fireplaces 3
Fireplace Features Two Sided,Electric,Gas,Living Room,Primary Bedroom
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 6256
Half Baths 2
3/4 Baths 3
Laundry Features Laundry Room,Sink,Upper Level
Total Bedrooms 4
Total Baths 6
Bath Desc Bathroom Ensuite,Full Primary,His and Her Closets,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower,Upper Level 1/2 Bath,Upper Level 3/4 Bath,Walk-In Shower Stall
Dining Room Description Breakfast Area,Eat In Kitchen,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Square Feet 934

Exterior Features

Parking Features Attached Garage,Insulated Garage
Lot Features Accessible Shoreline,Corner Lot,Irregular Lot,Tree Coverage - Light
Water Source Well
Lot Size Area 1.26
Building Area Total 6256
Lot Dimensions large
Waterfront Y/N Yes
Foundation Area 3128
Road Frontage Type City Street,County Road,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
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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

9/6/2026 Listed $5,750,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$5.75M
Taxes
AVG $28,715
$17,105
Year Built
AVG 1995
2027
Visits
AVG 167
9
Data Provided by Inside Real Estate®

Areas That We Cover

3705 Shore Drive N Wayzata, MN is a Single Family Home for sale at $5750000 with 6256 sqft and a lot size of 1.26 Acres Acre(s). 3705 Shore Drive N Wayzata has 4 bedrooms, 4 baths and was built in 2027. 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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