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$649,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 2,365 Sq. Ft.
  • 2 Car Garage
  • Updated 1 hour ago
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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.

Full Property Details for 516 Shadyway Rd

General

  • Price: $649,900
  • Taxes: $4,479 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7027564
  • Updated: Today (5/7/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Family Room, Gas, Living Room, Wood-Burning
  • Appliances: Chandelier, Cooktop, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Separate Formal Dining Room
  • Formal Dining Room: Eat In Kitchen, Separate/Formal Dining Room
  • Laundry: Gas Dryer Hookup, Lower Level, Washer Hookup, Gas Dryer Hookup, Lower Level, Washer Hookup

Additional Information

  • Amenities: Balcony, Deck, Hardwood Floors, Kitchen Window, Patio, Paneled Doors, Tile Floors, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage

Location

  • County: Hennepin
  • Township: Wayzata
  • Subdivision: Shadyway Add To Wayzata
  • Driving Directions: 394 to 101-N, 1 block to Shadyway, W to homw

School Information

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

Heating & Cooling

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

Utilities

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

Structural Information

  • Exterior Const.: Concrete, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Drain Tiles, Finished, Full, Storage Space, Sump Basket, Sump Pump, Walk-Out
  • Foundation Size: 850
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Disability Access: None
  • Square Feet: 2,365
  • Above Ground: 1,787 Sq. Ft.
  • Below Ground: 1,150 Sq. Ft.
  • Finished Down/Base.: 2,937 Sq. Ft.
  • Year Built: 1958

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.379
  • Lot Dimensions: 130 x 143 x 121 x 118
  • Frontage: City Street, Cul-de-Sac, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Tax Amount: $4,479
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 003 BLOCK 001 SHADYWAY ADDN TO WAYZATA
  • Property ID: 611722110013
Buyer's Brokerage Compensation: Contact Listing Agent
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— 516 Shadyway Rd —

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Schools serving 516 Shadyway Rd

School District:Wayzata Public School District
NameGradesDistance
Gleason Lake Elementary School
310 County Road 101, Plymouth, MN 55447
K-50.3 mi
Wayzata West Middle School
149 Barry Avenue North, Wayzata, MN 55391
6-80.8 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-124.7 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 516 Shadyway Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$649,900
71.03%
MLS
8/31/2020
Sold
$380,000
—
Public Record
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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 516 Shadyway Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,479
4%
$427,900
2%
2023
$4,303
5%
$421,100
7%
2023
$4,094
—
$392,000
7%
2023
$4,094
21%
$365,000
33%
2020
$3,395
-14%
$274,500
-14%
2019
$3,965
-5%
$320,280
-3%
2018
$4,167
7%
$331,180
7%
2017
$3,906
2%
$309,380
6%
2016
$3,831
-3%
$293,030
—
2015
$3,945
-11%
$293,030
11%
2014
$4,449
17%
$264,690
-5%
2013
$3,796
—
$279,950
—
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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516 Shadyway Road, Wayzata, MN 55391 (MLS# 7027564) is a Single Family property with 3 bedrooms, 1 full bathroom and 3 partial bathrooms. 516 Shadyway Road is currently listed for $649,900 and was received on May 07, 2026. This property is listed by Kristi Weinstock from our Minnetonka Office.Want to learn more about 516 Shadyway Road? 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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