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$3,175,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 5,217 Sq. Ft.
  • 3 Car Garage
  • Updated 7 hours ago
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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!

Full Property Details for 355 Margaret Cir

General

  • Price: $3,175,000
  • Taxes: $7,344 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7079700
  • Updated: Today (6/2/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage

Location

  • County: Hennepin
  • Township: Wayzata
  • Subdivision: Fazendins Add To Wayzata
  • Driving Directions: Hwy 12 to Wayzata Blvd W, N on Broadway, W on Ridgeview Dr, N on Far Hill, Left on Margaret Circle to property.

School Information

  • School District: 284 - Wayzata
  • High School District: Wayzata

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Zoned
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Builder: GONYEA HOMES AND REMODELING
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Walk-Out
  • Foundation Size: 1600
  • Disability Access: None
  • Square Feet: 5,217
  • Above Ground: 3,617 Sq. Ft.
  • Below Ground: 1,600 Sq. Ft.
  • Finished Down/Base.: 5,217 Sq. Ft.
  • Year Built: 1959

Lot Features

  • Lot Size (Acres): 0.81
  • Lot Dimensions: 169' x 199' x 239' x 188'
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $7,344
  • Tax Year: 2026
  • Terms: Adj. Rate/Gr Payment, Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 003 FAZENDINS ADDN TO WAYZATA
  • Property ID: 3111822340020

Listed by Engel & Volkers Lake Minnetonka

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— 355 Margaret Cir —

  • Engel & Volkers Lake Minnetonka

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 355 Margaret Cir

School District:Wayzata Public School District
NameGradesDistance
Gleason Lake Elementary School
310 County Road 101, Plymouth, MN 55447
K-50.7 mi
Wayzata West Middle School
149 Barry Avenue North, Wayzata, MN 55391
6-80.3 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-124.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 355 Margaret Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/02/2026
Listed
$3,175,000
321.09%
MLS
4/17/2025
Sold
$754,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 355 Margaret Cir

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,745
-2%
$611,900
-5%
2023
$6,898
2%
$646,000
5%
2023
$6,735
—
$618,000
25%
2023
$6,735
28%
$496,000
15%
2020
$5,275
-1%
$430,000
—
2019
$5,310
-5%
$431,000
-4%
2018
$5,602
17%
$447,000
18%
2017
$4,769
2%
$379,140
6%
2016
$4,669
-3%
$358,430
—
2015
$4,807
6%
$358,430
8%
2014
$4,549
-4%
$332,270
-5%
2013
$4,722
—
$349,710
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel & Volkers Lake Minnetonka

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355 Margaret Circle, Wayzata, MN 55391 (MLS# 7079700) is a Single Family property with 6 bedrooms, 3 full bathrooms and 2 partial bathrooms. 355 Margaret Circle is currently listed for $3,175,000 and was received on June 02, 2026. Want to learn more about 355 Margaret Circle? Do you have questions about finding other Single Family real estate for sale in Wayzata? You can browse all Wayzata real estate or contact a Coldwell Banker agent to request more information.

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