516 Shadyway Road, Wayzata, MN 55391

New Listing
$649,900
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,937 Lot Size (sq. ft.): 16,117 Status: Active
Current Price: $649,900 List Date: 5/07/2026 Last Modified: 5/07/2026

Overview

Description

Ideally located less than one mile from downtown Wayzata and within the highly sought-after Wayzata School District, this classic Cape Cod–style home blends timeless charm with thoughtful updates. Enjoy close proximity to local parks and the Luce Line Trail, along with a spacious backyard surrounded by mature trees, a private upper-level balcony, and a patio perfect for relaxing or entertaining. Inside, the remodeled kitchen features updated cabinet fronts, countertops, and appliances, complemented by refinished hardwood floors, new windows and fresh paint throughout, and added wainscoting detail. The upper level includes a private primary suite with a ¾ bath and a bedroom over the garage with two closets, while the walk-out lower level offers an additional ¾ bath, laundry area with utility sink, ample storage, and a new exterior door. Two fireplaces provide warmth and character across both living spaces, completing this inviting home in an exceptional location. ***A new retaining wall is scheduled to be installed within the next 1-2 weeks.

Listing Details MLS# 7027564

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Waterfront Present
No
Year Built
1958
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1150
Above Grd Total SqFt
1787
Below Grd Total SqFt
1150
Total SqFt
2937
Total Finished Sqft
2365.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
850
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
130x143x121x118
Acres
0.37
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Deck; Hardwood Floors; Kitchen Window; Paneled Doors; Patio; Tile Floors; Washer/Dryer Hookup Appliances: Chandelier; Cooktop; Disposal; Dryer; Electronic Air Filter; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Drain Tiled; Full; Storage Space; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary; 1/2 Basement Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Wood Family Room Characteristics: Family Room; Lower Level Fencing: None Fireplace Characteristics: Family Room; Gas Burning; Living Room; Wood Burning Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air; Other Internet Options: Cable Laundry: Gas Dryer Hookup; Lower Level; Washer Hookup Lock Box Type: Supra Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Cul De Sac; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
649900
ListPrice
649900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
516
Street Name
Shadyway
Street Suffix
Road
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Shadyway Add To Wayzata

Assessments

Tax With Assessments
4479
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1865
Finished SqFt Below Ground
500

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
576
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 003 BLOCK 001 SHADYWAY ADDN TO WAYZATA
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
Zip Plus 4
1109
Property ID Number
0611722110013
Tax Year
2025
Tax Amount
4479
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Ideally located less than one mile from downtown Wayzata and within the highly sought-after Wayzata School District, this classic Cape Cod–style home blends timeless charm with thoughtful updates. Enjoy close proximity to local parks and the Luce Line Trail, along with a spacious backyard surrounded by mature trees, a private upper-level balcony, and a patio perfect for relaxing or entertaining. Inside, the remodeled kitchen features updated cabinet fronts, countertops, and appliances, complemented by refinished hardwood floors, new windows and fresh paint throughout, and added wainscoting detail. The upper level includes a private primary suite with a ¾ bath and a bedroom over the garage with two closets, while the walk-out lower level offers an additional ¾ bath, laundry area with utility sink, ample storage, and a new exterior door. Two fireplaces provide warmth and character across both living spaces, completing this inviting home in an exceptional location. ***A new retaining wall is scheduled to be installed within the next 1-2 weeks.
Directions
394 to 101-N, 1 block to Shadyway, W to homw

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Paneled Doors
Yes
Patio
Yes
Tile Floors
Yes
Washer/Dryer Hookup
Yes

Appliances

Chandelier
Yes
Cooktop
Yes
Disposal
Yes
Dryer
Yes
Electronic Air Filter
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Drain Tiled
Yes
Full
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
1/2 Basement
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Family Room Characteristics

Family Room
Yes
Lower Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes
Living Room
Yes
Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes
Other
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Laundry

Gas Dryer Hookup
Yes
Lower Level
Yes
Washer Hookup
Yes

Lock Box Type

Supra
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Cul De Sac
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 12x13 Level: Main Family Room Dimensions: 13x23 Level: Lower First (1st) Bedroom Dimensions: 13x23 Level: Upper Kitchen Dimensions: 16x18 Level: Main Living Room Dimensions: 13x23 Level: Main Second (2nd) Bedroom Dimensions: 13x19 Level: Upper Third (3rd) Bedroom Dimensions: 11x13 Level: Upper

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: May - 07 - 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.