516 Shadyway Road Wayzata, MN 55391

$649,900
Pending
estimated monthly payment
3 Beds  |  4 Baths  |  2,365 Sq Ft  |  Single Family  |  MLS # 7027564
  • Welcome home to this classic Cape-Cod in Wayzata
    Welcome home to this classic Cape-Cod in Wayzata
  • Front entry with the family room one side and the dining room on the other
    Front entry with the family room one side and the dining room on the other
  • Statement staircase leads to the upper-level, where all 3 bedrooms are located
    Statement staircase leads to the upper-level, where all 3 bedrooms are located
  • The living room features natural light and refinished hardwood floors
    The living room features natural light and refinished hardwood floors
  • Gather with friends and family in the living room with gas-burning fireplace
    Gather with friends and family in the living room with gas-burning fireplace
  • The stylish dining room features updated lighting fixtures and refinished hardwood floors
    The stylish dining room features updated lighting fixtures and refinished hardwood floors
  • The dining room off the kitchen is set-up ideally to entertain
    The dining room off the kitchen is set-up ideally to entertain
  • The remodeled kitchen includes new appliances, countertops, and cabinet doors
    The remodeled kitchen includes new appliances, countertops, and cabinet doors
  • 516 Shadyway Road, Wayzata, MN 55391 Listing Photo  9
  • 516 Shadyway Road, Wayzata, MN 55391 Listing Photo  10
  • Main level 1/2 bathroom
    Main level 1/2 bathroom
  • Light and bright primary bedroom with refinished hardwood floors
    Light and bright primary bedroom with refinished hardwood floors
  • Primary bedroom with private ensuite
    Primary bedroom with private ensuite
  • Primary bathroom with tiled walk-in shower
    Primary bathroom with tiled walk-in shower
  • Second upper-level bedroom
    Second upper-level bedroom
  • Third upper-level bedroom with two closets
    Third upper-level bedroom with two closets
  • Spacious upper-level bedroom with hardwood floors
    Spacious upper-level bedroom with hardwood floors
  • Upper-level full bathroom shared by the 2 additional bedrooms
    Upper-level full bathroom shared by the 2 additional bedrooms
  • Upper-level deck overlooks the private backyard
    Upper-level deck overlooks the private backyard
  • Lowe-level walk-out family room with new door
    Lowe-level walk-out family room with new door
  • Cozy lower-level family room with wood-burning fireplace
    Cozy lower-level family room with wood-burning fireplace
  • Lower-level bathroom with tiled walk-in shower
    Lower-level bathroom with tiled walk-in shower
  • Lower-level tiled walk-in shower
    Lower-level tiled walk-in shower
  • 516 Shadyway Road, Wayzata, MN 55391 Listing Photo  24
  • The back patio overlooks the backyard
    The back patio overlooks the backyard
  • Spacious yard surrounded by mature trees
    Spacious yard surrounded by mature trees

About The Listing

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.


Listing courtesy of Kristi D Weinstock, Coldwell Banker Realty
Purchase Price
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 1958
MLS #: 7027564
Bedrooms: 3
Square Feet: 2,365
Bathrooms (Full): 1
Price Per Square Foot: $275
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 2
Garage Spaces: 2
Parking Description: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air, Other
Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Basket, Sump Pump, Walkout
Foundation Type: Block
Construction Description: Concrete, Frame
Roof Description: Age Over 8 Years, Asphalt, Pitched
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 05/09/2026
List Date: 05/07/2026
Listing Agent ID: 502018906
Listing Office: Coldwell Banker Realty
Listing Office ID: 5148
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Chandelier, Cooktop, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Fireplace Features: Family Room, Gas, Living Room, Wood Burning
Laundry Features: Gas Dryer Hookup, Lower Level, Washer Hookup
Number of Fireplaces: 2
Exterior Features: Stone, Wood
Fence: None
Lot Dimensions: 130x143x121x118
Lot Size: 0.379 Acres
Pool Description: None
Lot Features: Tree Coverage - Medium
School District: Wayzata
Tax Year: 2025
Estimated Taxes: $4,479
Contingency Type: None
City: Wayzata
Zip: 55391
County: Hennepin
Subdivision: Shadyway Add To Wayzata
State: MN

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Listing last updated: 05/09/26

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