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  • Price cut: $76K (1/8)
    $1,499,000

    940 Brown Rd S, Wayzata, MN 55391

    --beds
    --baths
    10.76Acres
    Unimproved Land
    Built in ----
    10.76 Acres Lot
    $1,445,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Nestled just minutes west of Wayzata, this sprawling 10-acre homestead offers a secluded escape with convenient access to I-394 and I-494, making it your private sanctuary just moments from the city. Embrace the unparalleled outdoor lifestyle this property offers with stunning, long views of the Lake Minnetonka wetlands leading to Tanager Bay, and direct access to the nearby Dakota Trails for hiking and biking adventures. Whether you're hosting lively gatherings or enjoying peaceful solitude, this property delivers. The natural beauty of the property comes alive with the spring chorus of frogs, followed by the arrival of ducks, geese, and fireflies dancing in the twilight. Imagine cozy evenings by a crackling bonfire, feeling like you're nestled in the Northwoods, a welcome contrast to city living. The private pond becomes a winter wonderland for pond hockey enthusiasts. Beyond the natural beauty, this property features a truly special historic barn with an open loft bursting with character and a quaint guest area offering comfort with two inset beds, a kitchenette, and bath. Preliminary work is currently underway with the city to explore the potential of splitting the property into two parcels, offering an exciting opportunity for future development or investment. Don't miss this exceptional property – visit today to experience its unique charm and potential.
    18 days
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    571
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    25
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    Zillow last checked: 8 hours ago

    Listing updated: January 08, 2026 at 11:33am

    Listed by:

    K C Chermak 612-366-8741,

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7006524MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No

    Property

    Lot
    • Size: 10.76 Acres
    • Dimensions: 410 x 1334 x 640 x 862
    • Topography: Gently Rolling,Wooded
    Details
    • Parcel number: 0
    • Zoning description: Residential-Single Family

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Available, Private Septic Connected, Private Well Available, Private Well Connected, Phone Connected, Underground Utilities Connected

    Community & HOA

    Community
    • Features: No
    HOA
    • Has HOA: No
    Location
    • Region: Wayzata

    Financial & listing details

    • Tax assessed value: $1,137,900
    • Annual tax amount: $12,716
    • Date on market: 1/8/2026
    • Inclusions: Survey, Topographic Map
    • Electric utility on property: Yes

    Estimated market value

    $1,445,200

    $1.13M - $1.85M

    $5,498/mo

    Price history

    Price history
    DateEventPrice
    1/8/2026Price change$1,499,000-4.8%
    Source: NorthstarMLS as distributed by MLS GRID #7006524 Report a problem
    11/3/2025Price change$1,575,000-4.5%
    Source: NorthstarMLS as distributed by MLS GRID #6759105 Report a problem
    10/1/2025Price change$1,650,000-2.9%
    Source: NorthstarMLS as distributed by MLS GRID #6759105 Report a problem
    9/5/2025Price change$1,699,000-5.6%
    Source: NorthstarMLS as distributed by MLS GRID #6759105 Report a problem
    6/20/2025Listed for sale$1,799,000+109.2%
    Source: NorthstarMLS as distributed by MLS GRID #6742653 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$12,716 +6.6%$1,137,900 -1.5%
    2024$11,931 +10%$1,155,700 +2.4%
    2023$10,849 +7%$1,128,100 +11%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating

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