1 year on rocket

172 Westwood Ln, Wayzata, MN, 55391

$4,500,000

5 Bedrooms
2 Full Baths, 1 Partial
5,855 SqFt
$769/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6458776
StatusActive

About 172 Westwood Ln

This homesite represents the ideal canvas for creating a custom residence with Wooddale Builders. Discover the epitome of luxury living at 172 Westwood Lane, Wayzata. Embracing approximately .92 acres, this rare gem is nestled on a tranquil street, offering a quiet backyard sanctuary. Situated within a neighborhood graced by numerous high-end new builds. Indulge in the best of Wayzata living, with easy access to the area's finest restaurants, shopping, and a vibrant pedestrian-friendly environment. Wooddale Builders has been a luxury custom home builder in Minnesota for over 40 years. In close collaboration with you, Wooddale Builders can design and build the custom home of your dreams.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 5,855 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Wayzata Boulevard west to Ferndale Road. South on Ferndale to Elm (turns into Lakeview Ln). Right on Elm to Birch Ln. W. Right on Birch Ln to Westwood Ln. Left on Westwood Ln to home. NOTE. THIS IS 2ND HOUSE IN NOT CORNER PROPERTY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000
  • Price Per SqFt: $769/SqFt

Tax Information:

  • Annual Amount: $20,132
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wayzata, MN.

Med. Sold Price

$975K

Med. Price/SqFt

$327

Avg. Days On Market

60

# of Sold Homes

14

172 Westwood Ln vs Wayzata

396 DAYS ON ROCKET

+336 Days

$4,500,000

+$3.5M More

$769/SqFt

+$441 More

KEY TAKEAWAY

This property is $3.5M more than the Median Sold Price and $441/SqFt more than other homes in Wayzata, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6458776

Listing Office:

  • Office Name: Compass

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$1,425,000
Nov 20, 2001Home Sold
$855,000
Feb 08, 1999Home Sold
$615,000

Tax History

YEARPROP. TAXASSESSMENT
2020$20,132$1,502,000
2019$19,039$1,376,000
2018$18,429$1,330,000
2017$18,653$1,323,000

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-890437
7
/10
  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-890438
6
/10
  • Oakwood Elementary School

  • 17340 County Road 6

  • 2.00 miles

  • Public District Grades KG-5

school-card-donut-890439
4
/10
  • Birchview Elementary School

  • 425 Ranchview Ln N

  • 2.45 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,362. Most Wayzata, MN residents have annual incomes $200k+. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 172 Westwood Ln

What is the listing price of this property?

The listing price of 172 Westwood Ln property is $4,500,000.

What type of property is this?

The property 172 Westwood Ln is a house located in Wayzata, Minnesota, 55391.

Is this property for sale now?

Active Listing: 172 Westwood Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $20,132 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2021 for $1,425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 172 Westwood Ln has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 172 Westwood Ln is 5,855 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 172 Westwood Ln is 2024.
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Rocket Homes›Minnesota›Hennepin County›Wayzata›55391›172 Westwood Ln

This home is located at 172 Westwood Ln in Wayzata, MN and zip code 55391 in the Wayzata Highlands neighborhood. This 5,855 square foot home was built in 2024. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $4,500,000.

Wayzata, MN housing market in November 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. The number of homes for sale in Wayzata, MN decreased by 4.8% between October 2024 and November 2024. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $975,000.

From Rocket Homes Real Estate and based on county public records data.

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