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Wayzata is a premier suburb located 11 miles west of downtown Minneapolis. With a population of 4,500 people, Wayzata is a tight-knit community which is known for its vibrant downtown and picturesque setting on Lake Minnetonka. A popular destination for visitors, Wayzata’s downtown is home to a number of specialty shops, boutiques, professional services, and restaurants.

Tuesday, May 05, 2009

Tom Petters Wayzata House / Home for Sale--655 Bushaway Road, Wayzata, MN 55391

Don't look now, but Tom Petter's house and home at 655 Bushaway Road in Wayzata, MN 55391 has been put up for sale!

Petter's has been in trouble for his alleged ponzi scheming for some time, and the proceeds from the house will most likely go towards creditors.

Elisha and I boated past the backside of his property last weekend and wondered what, if anything was going on with it. Well, now we know it's for sale.

Here is what the listing agent, Ryan Burnet indicated in the description:

World class newer const on private/gated 1.23 ac site w/approx 250 ft of shoreline & panoramic views. Details: 830 fsf guest house, library, wine room, exquisite kitchen, media areas, lakeside pool, autocourt & more. A fabulous Wayzata Bay Estate setting.

The property has 7 bedrooms, 9 bathrooms, 6 car garage, and 9,348 finished square feet.

To see the listing, visit these links:

http://www.edinarealty.com/Listing/ListingDetail.aspx?listing=40207157

http://www.coldwellbanker.com/servlet/PropertyListing?action=detail&ComColdwellbankerDataProperty_id=43015700&page=property

Image courtesy MLS of Minnesota.


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