New listing$1,895,000
342 Ferndale Road N · Wayzata
5 bd4 ba4,820 sqft
The neighborhood
What Wayzata is actually like to live in
Wayzata is the most expensive city on Lake Minnetonka and the most walkable. Those two things are connected.
The people who buy here want to walk to dinner and have a boat two blocks away. It keeps a small-town feel even though half the neighbors run companies in Minneapolis. You see the same faces at the coffee shop that you see on the water.
Here's the honest trade-off: lots are smaller than Orono or Deephaven. You are paying for the address and the access, not for acreage. If a private five-acre parcel is the dream, this is not your town.
Downtown is the whole point. Lord Fletcher's sits right on the water, Sunsets is where you go for a nicer dinner, the Saturday farmers market runs June through October, and the public beach is a short walk in summer.
In four years of selling in the west metro, I've shown homes on every street in Wayzata. The blocks between Lake Street and Superior Boulevard are the ones I'd buy on.
On the market
Homes for sale in Wayzata right now
A live look at what’s moving, pulled from NorthstarMLS. The full IDX search opens once the feed is wired in — for now these are representative of the Wayzata market.
New listing
Price reduced$1,249,000
18 Bracketts Point Road · Orono
4 bd4 ba3,610 sqft
Just sold$2,650,000
205 Lake Street · Excelsior
5 bd5 ba5,240 sqft
New listing$624,900
9411 Preserve Trail · Eden Prairie
4 bd3 ba2,940 sqft
The lifestyle
What it’s like to live here
Schools
- Wayzata ISD 284 — #1 district in Minnesota
- Wayzata High ranked 6th by US News
Commute
- 12 min to I-394
- 22 min to downtown Minneapolis via Hwy 12
Parks & Trails
- Lake Minnetonka Regional Park
- Noerenberg Gardens
- Dakota Trail from downtown
Dining
- Lord Fletcher's
- Sunsets
- Promenade Café
- Saturday farmers market (Jun–Oct)
From Bryce
“I've shown homes on every block in Wayzata. If you want lake access, walkability, and a downtown that actually has something going on, this is your neighborhood. If you want acreage and privacy, look at Orono or Deephaven instead. I'll tell you the truth — it saves everyone time.”
Bryce Caldwell · RE/MAX Results · Wayzata specialist
Local knowledge
Bryce’s picks in Wayzata
Restaurant · Lakefront
Lord Fletcher's
Best dock dining on the lake. Go for sunset.
Google 4.4
Restaurant
Sunsets
Where I take clients for a real dinner.
Google 4.6
Park · Waterfront
Wayzata Beach
Free, public, right in downtown. Perfect.
Google 4.7
Good to know
Common questions about Wayzata, MN
What is the median home price in Wayzata MN?
The median list price in Wayzata is $2,250,000 as of June 2026, according to NorthstarMLS. Homes range from entry-level condos around $350,000 to lakefront estates above $10 million.
What school district is Wayzata MN in?
Most of Wayzata is served by Wayzata Public Schools, Independent School District 284 — rated the #1 school district in Minnesota by Niche. Some western portions fall within Orono School District 278.
How far is Wayzata from Minneapolis?
Wayzata is approximately 12 miles west of downtown Minneapolis. The drive takes 20–25 minutes via I-394 without traffic, or 30–40 minutes during rush hour.
Is Wayzata MN a good place to raise a family?
Yes — Wayzata offers the #1-rated school district in Minnesota, walkable downtown, immediate lake access, and low crime. The trade-off is smaller lot sizes than neighboring Orono or Deephaven.
What is it like to live in Wayzata MN?
Wayzata is the most walkable community on Lake Minnetonka. Residents walk to restaurants, the beach, and the farmers market. The downtown has genuine character. Most residents are professionals, 35–55, with a strong sense of community built around the lake.
What are homes like in Wayzata MN?
Wayzata has a mix of historic cottages, renovated Victorians, and new construction. Most are detached single-family on smaller lots than neighboring communities.
Market report
Wayzata market update — June 2026
73
Active listings
84 days
Avg days on market
$803/sqft
Price per sq ft
$2,250,000
Median list price
Wayzata inventory remains tight at 73 active listings — lower than this time last year. The 84-day average is longer than the broader metro, but that's typical for the $2M+ price range where buyers take their time. If you're thinking of listing this fall, now is the right time to have a conversation before the seasonal slowdown hits.
Source: NorthstarMLS · Updated June 2026
Local intel
Living in Wayzata
Everything about Wayzata and the lake around it — the schools, the water, the trails, and where to eat.
Food & drink
Where to Get Coffee and Breakfast in Wayzata
Two new spots reset Wayzata's morning: Rustica Bakery and Cafe (795 Lake St E, opened Nov 2025) for a sit-down bakery-cafe, and Toastique (320 Engel St) for grab-and-go toast and smoothies. Plus 318 Cafe in Excelsior for Dogwood coffee.
6 min read
Buyer guide
Wayzata vs Orono for Families — How I Help Buyers Choose
Two of the most sought-after lake towns, two very different lives. Here's the honest trade-off between walkable Wayzata and private, acreage Orono.
5 min read
Schools
Wayzata vs. Minnetonka Schools: How the Two Giants Actually Compare
Both are A+ top-five Minnesota districts, but Wayzata 284 sits at #1 statewide while Minnetonka 276 runs a full IB Diploma Programme Wayzata does not. Here's how to choose.
7 min read
Lake life
The Streetcar Boat Minnehaha and Excelsior's Streetcar History, Explained
The Minnehaha is a 1906 streetcar boat built to meet Twin City Rapid Transit trolleys at Excelsior and Deephaven. Here is its story — and the honest reason it is not sailing in 2026.
7 min read
Trails & parks
The Dakota Rail Trail: A 15-Mile Paved Ride Through 7 Lake Minnetonka Towns
A fully paved, flat 14.84-mile rail trail linking Wayzata, Orono, Minnetonka Beach, Spring Park, Mound, Minnetrista and St. Bonifacius — and where to stop for food along the way.
6 min read
Waterfront guide
The Best Bays to Buy On Lake Minnetonka — A Local's Ranking
Lake Minnetonka is really a chain of bays, each with its own price, boat traffic, and feel. Here's how I steer waterfront buyers to the right one.
7 min read
Nearby
Neighborhoods near Wayzata
Orono
from $1.2MWooded acreage and private drives on the north shore. The west metro's quiet ceiling.
Deephaven
from $800KOld-growth lanes and dock rights minutes from the channel. Established and quiet.
Excelsior
from $650KA true village on the water — porches, sailboats, and patio suppers walkable from home.
Buying in Wayzata
Get first look at Wayzata homes
I’ll set up a search tuned to your budget and must-haves, and flag the right listings — including a few before they hit the open market.
Schedule a call →Selling in Wayzata
See what your home is worth
A real, comp-based valuation for your Wayzatahome — not an algorithm’s guess. No obligation, no pressure to list.
Get your home value →