18864 Heathcote Drive

Wayzata, MN
$ 1,299,000 Beds 4 Baths 3.5 Sq 3,802 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to one of Deephaven's most private settings. Tucked away at the end of a quiet cul-de-sac on a beautifully landscaped 1.22-acre lot, this beautifully updated home offers an extraordinary blend of privacy, natural beauty, and timeless comfort, just minutes from downtown Wayzata, Excelsior, and the lifestyle of Lake Minnetonka. Designed for comfortable everyday living and effortless entertaining, the main level features elegant formal living and dining rooms, a spacious great room with a gas fireplace, custom built-ins, a beamed ceiling, and walls of glass overlooking the private backyard. The thoughtfully designed kitchen is the heart of the home, offering two center islands, abundant custom cabinetry, gourmet appliances, a butler's pantry, wet bar, and an informal dining area with a bay window. Expansive cedar decking and a welcoming front porch create seamless indoor-outdoor living. The upper level is anchored by a luxurious primary suite featuring heated marble floors, dual vanities, a soaking tub, walk-in shower, and walk-in closet. Two additional bedrooms share the upper level, while a private fourth bedroom suite with its own three-quarter bath provides exceptional flexibility for guests, multigenerational living, or a second home office. The walkout lower level offers an inviting family room with a gas fireplace and wet bar, daylight windows, sound-insulated construction, and a large flex room ideal for a fitness studio, hobbies, recreation, or future expansion. Beyond the home, enjoy the unmatched Deephaven lifestyle. Residents have access to multiple Lake Minnetonka amenities, including beaches, fishing docks, tennis courts, parks, playgrounds, and miles of scenic walking trails. Carsonwood is a welcoming neighborhood known for its annual social gatherings, well-maintained trails, and a strong sense of community.

Single Family

  • Price
  • $ 1,299,000
  • City
  • Wayzata
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Carsonwood
  • Lot Size
  • 1.21 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 3,802
  • Year Built
  • 1977
  • Taxes
  • $ 10602
  • Style
  • Single Family
  • MLS#
  • 7110294
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3802
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years,Wood
Appliances Cooktop,Dishwasher,Dryer,Exhaust Fan,Refrigerator,Wall Oven,Washer
HOA Fee 80
Garage Spaces 2
Association Fee Includes Hazard Insurance
Pool Features None
Construction Materials Frame
Year Built 1977
Electric Circuit Breakers
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Annually
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Carsonwood
Full Baths 2
Directions Hwy 7 to Vine Hill Rd. North to Minnetonka Blvd. Heathcote Rd South to Heathcote Dr.
City Deephaven
Association Name Carsonwood Association
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 10602
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Wayzata

Interior Features

Basement Finished,Full
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2485
Half Baths 1
3/4 Baths 1
Laundry Features Lower Level,Laundry Room
Total Bedrooms 4
Below Grade Finished Area 1317
Total Baths 4
Bath Desc Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Jetted Tub
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 30X20
Garage Square Feet 733

Exterior Features

Parking Features Attached Garage
Water Source Well
Lot Size Area 1.21
Building Area Total 3902
Lot Dimensions 70X213X395X78X262
Waterfront Y/N No
Foundation Area 2151

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/31/2026 Listed $1,395,000
8/21/2026 4% - $1,345,000
9/14/2026 4% - $1,299,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$1.3M
Taxes
AVG $28,715
$10,602
Year Built
AVG 1995
1977
Visits
AVG 167
45
Data Provided by Inside Real Estate®

18864 Heathcote Drive Wayzata, MN is a Single Family Home for sale at $1299000 with 3802 sqft and a lot size of 1.21 Acres Acre(s). 18864 Heathcote Drive Wayzata has 4 bedrooms, 3 baths and was built in 1977. The property's zip code is 55391 which is in Wayzata, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.