223 Central Avenue N, Wayzata, MN 55391

New Listing
$480,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,764 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $480,000 List Date: 5/20/2026 Last Modified: 5/20/2026

Overview

Description

This well-maintained home offers a fantastic opportunity to build equity in a highly desired area. Featuring solid bones spacious living area and plenty of natural light, this property is move-in ready while still offering room to add your own personal touches and updates over time. The lower level includes a mother-in-law suite providing excellent flexibility for multi-generational living, guest accommodations, or potential rental opportunities. Enjoy the convenience of nearby shopping, dining, parks, and top-rated schools all while benefiting from a generously sized lot and mature surroundings. The home sit along a busier road, making commuting and highway access convenient. With a little TLC, this property has the potential to truly shine. Whether you're a first-time buyer, investor, or someone looking for a home in a sought-after location at an attractive value, this is an opportunity you won't want to miss.

Listing Details MLS# 7071388

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
1953
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1476
Above Grd Total SqFt
1476
Below Grd Total SqFt
1288
Total SqFt
2764
Total Finished Sqft
2557.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1476
Garage Stalls
Yes
Lot Dimensions
138x90x148x61x32
Acres
0.3
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Range; Refrigerator Basement: Concrete Block; Kitchenette; Single Tenant Access Bath Description: Main Floor Full Bath; 3/4 Basement Construction Status: Previously Owned Electric: 200+ Amp Service; Circuit Breakers Exterior: Metal Fireplace Characteristics: Family Room Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Roof: Flat Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
480000
ListPrice
480000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
223
Street Name
Central
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Deans Park Outlots To Wayzata

Assessments

Tax With Assessments
4603
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1476
Finished SqFt Below Ground
1081

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
216

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 011 DEANS PARK OUTLOTS TO WAYZATA COM AT A PT ON THE E LINE OF LOT 11 DIS 145 FT N FROM THE SE COR THEREOF TH N 90 FT ALONG SAID E LINE TH W 137 84/100 FT TO A PT 10 FT E FROM THE N AND S CTR LINE OF SAID LOT TH SWLY A DIS OF 31 62/100 FT TO SAID CTR LINE TH S ALONG SAID CTR LINE A DIS OF 60 FT TH E 148 23/100 FT TO BEGINNING
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
Zip Plus 4
1204
Property ID Number
0611722140012
Tax Year
2025
Tax Amount
4603
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This well-maintained home offers a fantastic opportunity to build equity in a highly desired area. Featuring solid bones spacious living area and plenty of natural light, this property is move-in ready while still offering room to add your own personal touches and updates over time. The lower level includes a mother-in-law suite providing excellent flexibility for multi-generational living, guest accommodations, or potential rental opportunities. Enjoy the convenience of nearby shopping, dining, parks, and top-rated schools all while benefiting from a generously sized lot and mature surroundings. The home sit along a busier road, making commuting and highway access convenient. With a little TLC, this property has the potential to truly shine. Whether you're a first-time buyer, investor, or someone looking for a home in a sought-after location at an attractive value, this is an opportunity you won't want to miss.
Directions
394 West to Central Avenue, S to Home

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Range
Yes
Refrigerator
Yes

Basement

Concrete Block
Yes
Kitchenette
Yes
Single Tenant Access
Yes

Bath Description

Main Floor Full Bath
Yes
3/4 Basement
Yes

Construction Status

Previously Owned
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Metal
Yes

Fireplace Characteristics

Family Room
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes

Patio, Porch and Deck Features

Patio
Yes
Rear Porch
Yes
Screened
Yes

Roof

Flat
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Dining Room 11x9 Main
Family Room 31x12 Lower
First (1st) Bedroom 15x12 Main
Fourth (4th) Bedroom 17x12 Lower
Kitchen 15x11 Main
Second Kitchen 14x11 Lower
Laundry 11.5x18 Lower
Screened Porch 11.5x5 Main
Second (2nd) Bedroom 14x12 Main
Third (3rd) Bedroom 15x8 Main
IDX
Listing Office: IQ Realty
Last Updated: May - 20 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.