Local May 18, 2022

Wayzata Offers Hot and Cold Lakefront Luxury

Wayzata is pure Lakefront Luxury

The 55391 ZIP Code, on the northern shore of the popular recreational destination of Lake Minnetonka, has some of the priciest properties in the state.

Wayzata is a roughly 3-square-mile city on the northeast shore of Lake Minnetonka. One of Minnesota’s most popular recreational lakes. The 55391 ZIP Code of the city, which is 11 miles west of Minneapolis, has some of the state’s most expensive real estate. It is home to Cargill, the world’s largest privately held company, according to Forbes, with revenues of $134.4 billion as of 2021. In the warmer months, Wayzata’s downtown is crowded with boaters who dock near the main Lake Street and enjoy the many restaurants and shops. In the winter, when temperatures dip below freezing, Wayzatans don’t miss a beat: They head outside to ice skate, ice-fish and even iceboat.

Lake Minnetonka and Wayzata’s lakefront luxury homes as captured from Mansion Global, 2019.

Mansion Global, 2019

Notable stops and shops


Gavin Kaysen, former executive chef at Manhattan’s Café Boulud, is the owner of Bellecour—by day a bakery and by night a restaurant serving steak tartare, canard à l’orange and Atlantic cod.


Restaurateur Dean Vlahos’s Cov is one of the few downtown restaurants right on the lake. It has a cream-and-blue Nantucket vibe and a great summertime patio. Come for happy hour; stay for the crab cake, fish tacos and sunset.

Merilou Boutique

Co-owners Christina Boyd and Keaton Frees offer a wide range of clothing: from high-end denim to cozy sweaters. The boutique’s Mb Box program delivers weekly, monthly, or one-off wardrobe refreshes to customers in a 15-mile radius of the shop.

Whispering Cave

The yoga studio, co-owned by Michelle Henkel and Greta Walch, has a salt cave that gives clients guided meditations and so-called sound baths for calming.

Membership to have

The family-friendly Wayzata Country Club caters to the younger set, while Woodhill Country Club’s Donald Ross-designed golf course and 104-year history draws a sporting crowd with an appreciation for pedigree.

Event of the year

The Chilly Open, in its 35th year Feb. 8-9, has 1,700 tournament-goers use golf clubs and hockey sticks to hit tennis balls across three nine-hole courses on frozen Lake Minnetonka.

Advice for the prospective Buyer:

The 55391 ZIP Code—with about 16,400 residents and a median income of $105,162, according to U.S Census data—includes a big swath of the Lake Minnetonka area of more than a dozen communities. Not all of 55391 is in Wayzata, a city experiencing a boom in remodeled single-family houses and robust condo construction in downtown’s west end with more planned in the coming years.  If you want to make the move to Wayzata, there are many options from beautiful lakefront homes to inland cottages to condos for an easy lifestyle and convenience of all that Wayzata has to offer.

For more information and to discuss a home buying journey in Wayzata and the surrounding Lake Minnetonka area, get in touch with Shane Spencer at Coldwell Banker’s Global Luxury office at (612)440-2255 or email shane@cbrealty.com.

Article captured from The Wall Street Journal, originally published on January 30, 2019 by Jessica Flint.

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