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About This Home

This 6-bedroom, 5-bathroom single family at 355 Margaret Circle in Wayzata, MN is listed for $3,175,000 ($609 per sqft). Built in 1959, the home offers 5,217 sqft of living space on a 0.81 acres lot.

Agent Description

A rare opportunity awaits to build your dream home on a stunning .81-acre parcel, beautifully wooded on both sides with serene, private views overlooking a natural wetland. Nestled within the highly sought-after Margaret Circle neighborhood, you’ll enjoy a tranquil setting while remaining highly walkable to downtown Wayzata. This is truly one of the best lots available in Wayzata!

This new construction project is build-exclusive to Gonyea Custom Homes. This custom residence is crafted for luxurious modern living, featuring an exceptional multi-level layout: The main level features a Primary Suite with an expansive bathroom/closet area, Office, Great Room, Gourmet Kitchen, Dining Room, Laundry, and ½ bath. Includes a Screen porch and Grilling Deck. The second level is designed with three generous Bedrooms, one with a ¾ ensuite bath, and a Jack & Jill bathroom adjoining the other two bedrooms. The lower level walk-out is dedicated to recreation, featuring a large Family Room, Game Room, stylish Walk-up Bar, and an indoor Athletic Court with extra Storage, and two more bonus Bedrooms, and a Full bathroom.

Seize this chance to customize and create your perfect sanctuary with Gonyea Custom Homes in one of the most idyllic neighborhoods in Wayzata!

Key Features

  • Built in 1959
  • 0.81 acre lot

Property Details

3 full, 1 half
1959

Monthly Cost Estimate

$16,981/mo

20% down · 6.5% · 30 years

Principal$2,296
Interest$13,758
Insurance$926

Estimates only. Actual payments may vary.

Location

355 Margaret Circle

Wayzata, MN 55391

Fazendins Add To Wayzata

Property Details

Heating

Forced AirNatural Gas

Cooling

Central AirZoned

Questions & Answers

This 6-bedroom, 5-bathroom single family at 355 Margaret Circle is listed at $3,175,000 ($609/sqft). The estimated monthly payment is $13,758 based on 20% down at 6.5% interest.

Key features include: Built in 1959, 0.81 acre lot.

This property is listed by Whitney Delmonico or MinneapolisLakeMinnetonka@engelvoelkers.com.

WD

Whitney Delmonico

Agent at Engel & Völkers Minneapolis Lake Minnetonka

Listed by Engel & Völkers Minneapolis Lake Minnetonka · View on Broker Site

MLS# 7079700· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

355 Margaret Circle, Wayzata, MN 55391

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