An extraordinary opportunity to create a one-of-a-kind luxury estate on one of the area's most picturesque homesites! Bring your own builder or partner with renowned Custom One Homes to design and build the home of your dreams. This exceptional property offers complete flexibility to bring your own plans, customize the featured design, or create an entirely original residence tailored to your lifestyle, architectural preferences, and vision. The home shown is an example only, offering inspiration for what could be built on this magnificent property. Set on an exceptional 1.72-acre homesite surrounded by mature trees, this rare property offers privacy, natural beauty, and captivating views of Lake Minnetonka. Imagine expansive walls of glass, covered outdoor living spaces, and thoughtfully designed entertaining areas that capture the lake views while blending seamlessly with the surrounding landscape. The generous acreage provides wonderful possibilities for outdoor amenities, including a resort-style pool, guest house, sport court, gardens, or additional garage space, subject to applicable approvals—all while maintaining a private estate setting. For those choosing to build with Custom One Homes, you'll have the opportunity to collaborate with one of Minnesota's premier luxury builders, recognized for timeless architecture, exceptional craftsmanship, and meticulous attention to detail. Their commitment to quality, integrity, innovative design, and personalized service creates an exceptional custom homebuilding experience. The location is truly extraordinary! Situated less than two miles from the heart of charming downtown Wayzata, you'll enjoy convenient access to boutique shopping, exceptional dining, the Lake Minnetonka waterfront and boardwalk, marinas, and beautiful parks. Woodhill Country Club is within walking distance, while the scenic Dakota Rail Regional Trail is just steps from your doorstep, offering miles of picturesque walking and biking trails through some of the area's most beautiful lakeside communities. The existing home will be removed, providing a wonderful opportunity to start fresh and create your dream residence in one of the Twin Cities' most coveted locations. An exceptional setting, unparalleled flexibility, and the freedom to build with the builder of your choice! Photos of the existing home are included for reference. The existing structure is intended to be demolished to accommodate new construction. Renderings of the proposed home are conceptual examples only.
Vacant landProperty Type
1967Year Built
1.72 acresLot Size
$1,017,441Price/Acres
3 car garageParking
Listed by Kimberly Ziton• Keller Williams Premier Realty
Median sale price in this area is $434,102. (75% lower than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Exterior
Exterior features
Medium tree coverage
Lake view
Gently rolling terrain
City street and cul-de-sac frontage
Home design
Land
Parking
3 garage spaces
Utilities
Sewer available and connected
Water available and connected
Sale and tax history for 1065 Edgewood Hill Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7170944
Nov 9, 2026
Listed
$1,749,999
NORTHSTARMLS as Distributed by MLS Grid #7105201
Nov 9, 2026
Listing Removed
—
Jul 7, 2026
Listed
$3,900,000
NORTHSTARMLS as Distributed by MLS Grid #6655819
Jun 4, 2026
Listing Removed
—
Jan 31, 2025
Listed
$1,599,900
NORTHSTARMLS as Distributed by MLS Grid #6531548
Feb 3, 2025
Listing Removed
—
May 15, 2024
Listed
$3,999,900
Public Records
Jul 26, 2024
Sold
$1,550,000
Public Records
Dec 1, 1970
Sold
$127,000
Year
Property tax
Land + Additions
Assessment*
2026
$20,403 (+6.5%)
$675,000 + $1,141,500
$1,816,500
2025
$19,162 (+4.8%)
$615,000 + $1,083,500
$1,698,500
2024
$18,279 (+16.8%)
$637,500 + $1,045,600
$1,683,100
2023
$15,645 (+11.2%)
$480,000 + $948,000
$1,428,000
2022
$14,066 (+0.3%)
$413,000 + $754,000
$1,167,000
2021
$14,030 (−2.3%)
$413,000 + $754,000
$1,167,000
2020
$14,357 (−1.1%)
$375,000 + $769,000
$1,144,000
2019
$14,521 (−3.5%)
$375,000 + $764,000
$1,139,000
2018
$15,055 (−4.6%)
$375,000 + $786,000
$1,161,000
2017
$15,775 (+31.2%)
$345,000 + $849,000
$1,194,000
2015
$12,021 (−0.9%)
$233,000 + $698,000
$931,000
2014
$12,136 (+0.6%)
$287,000 + $624,000
$911,000
2013
$12,068 (−5.0%)
$268,000 + $675,000
$943,000
2012
$12,698
$363,000 + $680,000
$1,043,000
Public record
Public record
Permits
Beds
5
Baths
4.5
Stories
1
Lot width
210 ft.
Lot depth
300 ft.
Lot size
1.72 Acres
Year renovated
1990
Finished Sq. Ft.
7,584
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,584
Year built
1967
Style
Single Family Residential
County
Hennepin County
APN
02 117 23 42 0004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 17, 2026.
Apr 30, 2019 • Final
Residential general building
Remove and replace the roof on a residential building.
Roofing
Jan 4, 2005 • Final
Residential principal structure building
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wayzata, MN • 55391
Average low and high temperatures (°F)
21
5
29
13
48
28
56
38
69
49
77
60
84
67
78
63
75
58
62
46
44
31
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Wayzata. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1065 Edgewood Hill Rd
$1,747,778
$2,221 under list price of $1.75M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $4.8M.