# 355 Margaret Circle, Wayzata, MN 55391

> **TL;DR:** 6bd/5ba single family, $3,175,000 ($609/sqft), built 1959, 5,217 sqft. Est. $13,758/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,175,000 |
| Price/sqft | $609 |
| Bedrooms | 6 |
| Bathrooms | 3 full, 1 half |
| Square Feet | 5,217 |
| Year Built | 1959 |
| Lot Size | 35,284 sqft (0.81 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $13,758 |
| **Total** | **$13,758** |

## Property Highlights

- Built in 1959
- 0.81 acre lot

## Description

### 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!

## Location

- **Address:** 355 Margaret Circle, Wayzata, MN 55391
- **County:** Hennepin
- **Neighborhood:** Fazendins Add To Wayzata
- **Coordinates:** 44.979271, -93.514861
- **Google Maps:** https://www.google.com/maps?q=44.979271,-93.514861

## Listing Agent

- **Name:** Whitney Delmonico
- **Brokerage:** Engel & Völkers Minneapolis Lake Minnetonka
- **Email:** MinneapolisLakeMinnetonka@engelvoelkers.com

## Primary Photo

![355 Margaret Circle - Primary Photo](http://lh.rdcpix.com/daa5d127699b08d0b46a5c7ae4a67652l-f876525743r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.com/listing/355-margaret-circle-wayzata-mn-55391-7079700)*

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**MLS#:** 7079700 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/355-margaret-circle-wayzata-mn-55391-7079700)

---

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  "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! \n\nThis new construction project is build-exclusive to Gonyea Custom Homes.  This custom residence is crafted for lux",
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