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$1,550,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,505 Sq. Ft.
  • 2 Car Garage
  • Updated 3 hours ago
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Premier luxury one level living townhome in the sought after Waycliffe community in Wayzata. Positioned at the end of a secluded cul de sac with expansive views of Gleason Lake. This lot is undoubtable one of the best in the community! The main level features refined one level living offering both elegance and comfort. The updated kitchen is complete with plenty of built ins along with an upholstered dining spot to enjoy the beautiful lake views. The lower level has a cozy sophistication which exudes country club vibes. Walk out in privacy to enjoy the flat yard, gardens and picturesque lake. New furnace, air conditioner and air exchanger. Get ready to enjoy this wonderful community and lifestyle in Waycliffe!

Full Property Details for 550 Waycliffe Dr N

General

  • Price: $1,550,000
  • HOA FEE: $810/month
  • Taxes: $13,663 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7023262
  • Updated: Today (2/20/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Main Level, Sink, Main Level, Sink

Additional Information

  • Amenities: Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Wet Bar

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 20 x 20
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Heated Garage

Location

  • County: Hennepin
  • Township: Wayzata
  • Subdivision: Waycliffe
  • Driving Directions: 394 W to 101 N, right on Hollybrook, left on Waycliffe, continue to end of cul de sac

School Information

  • School District: 1280 - Wayzata
  • High School District: Wayzata

Community

  • Association: Yes
  • Assoc. Name: Gassen Management
  • Assoc. Fees Include: Building Exterior, Dock, Lawn Care, Maintenance Grounds, Professional Management, Shared Amenities, Snow Removal

Heating & Cooling

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

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full, Storage Space, Walk-Out
  • Foundation Size: 1600
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 3,505
  • Above Ground: 1,905 Sq. Ft.
  • Below Ground: 1,600 Sq. Ft.
  • Year Built: 1995

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Dimensions: 15 x 55 x 82 x 48 x 118
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Medium Tree Coverage

Water Features

  • Water Front Desc.: Lakefront, Lake View
  • Lake Front: Yes

Financial Considerations

  • Association Fee: $810
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $13,663
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 010 BLOCK 001 WAYCLIFFE
  • Property ID: 511722210012

Listed by Compass

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— 550 Waycliffe Dr N —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 550 Waycliffe Dr N

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
6-81.1 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-124.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 Waycliffe Dr N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$1,550,000
96.45%
MLS
1/19/2016
Sold
$789,000
—
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 550 Waycliffe Dr N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,542
10%
$987,100
5%
2023
$10,537
11%
$942,900
12%
2023
$9,529
—
$839,000
-1%
2023
$9,529
-16%
$844,000
-1%
2020
$11,335
1%
$853,000
1%
2019
$11,231
1%
$843,000
3%
2018
$11,098
-6%
$821,000
-5%
2017
$11,825
—
$865,000
3%
2016
$11,801
5%
$838,000
7%
2015
$11,272
19%
$784,000
19%
2014
$9,458
-6%
$660,000
-6%
2013
$10,057
—
$704,000
—
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 Compass

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550 Waycliffe Drive N, Wayzata, MN 55391 (MLS# 7023262) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 550 Waycliffe Drive N is currently listed for $1,550,000 and was received on February 20, 2026. Want to learn more about 550 Waycliffe Drive N? Do you have questions about finding other Townhouse 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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