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Active
$2,695,000
/mo Edit
Single Family:  2 Stories
5 br • 7 ba • Built 1986
6,885 sqft • 0.56 acres
Orono schools
MLS# 6728237
Open House
         11a - 1p
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    Property Description

    Exceptional Value on Coveted Lafayette Bay! Motivated Seller An incredible opportunity to own 122 feet of prime, south-facing shoreline on sought-after Lafayette Bay — at a value rarely seen in this premier location. Custom-built by Steiner & Koppelman, this timeless residence blends enduring craftsmanship with thoughtful updates and panoramic lake views stretching all the way to Excelsior. Freshly refreshed interiors offer a sophisticated, neutral backdrop ready for your personal vision. The light-filled main level features an open-concept kitchen and family room designed to maximize sweeping lake views, alongside formal and casual living areas, a private office, and convenient main-floor laundry. Upstairs, three generous en-suite bedrooms include a serene primary suite with dual walk-in closets, a sitting area with fireplace, and a spa-like vaulted bath. The walkout lower level is built for entertaining with two additional bedrooms, a spacious amusement room, fitness area, sauna, and easy lakeside access. Enjoy outdoor living on the expansive deck — perfect for sunset dinners and gatherings. Recent improvements include a newer roof, updated mechanicals, select new windows, and refreshed décor. Located in highly desirable Minnetonka Beach, just steps from the Lafayette Club, Dakota Trail, Orono Schools, and minutes to Wayzata and Downtown Minneapolis. This is a rare chance to secure a legacy Lake Minnetonka address at an unbeatable value — quick closing available!

    Listing

    Contingency: None
    Price per sq ft: $391
    City: Minnetonka Beach
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55391
    Subdivision Name: Minnetonka Beach On Lake Mtka

    Interior

    Living Area: 6,885 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Chandelier
    • Cooktop
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Electronic Air Filter
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Humidifier
    • Microwave
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Washer
    • Water Filtration System
    • Water Softener Rented
    Fireplace Details:
    • Amusement Room
    • Family Room
    • Gas
    • Living Room
    • Wood Burning
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 875 ft2
    Air Conditioning: Central Air
    Foundation Size: 2,495 ft2
    Handicap Accessible: None
    Road Responsibility: Private Maintained Road, Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Driveway - Other Surface
    • Heated Garage
    Road Frontage:
    • City Street
    • Private Road
    Exterior Material: Brick/Stone
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Pitched
    • Shake

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: 2
    3/4 Baths: 2
    Bathroom Details:
    • 3/4 Basement
    • Bathroom Ensuite
    • Full Primary
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Two Basement Baths
    • Upper Level Full Bath
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Breakfast Bar
    • Eat In Kitchen
    • Informal Dining Room
    • Separate/Formal Dining Room
    Upper Level Size Sq Ft
    Bedroom 1  19 x 15  285 
    Bedroom 2  16 x 15  240 
    Bedroom 3  14 x 13  182 
    Main Level Size Sq Ft
    Living Room  24 x 15  360 
    Family Room  22 x 20  440 
    Kitchen  20 x 17  340 
    Dining Room  17 x 13  221 
    Informal Dining Room  15 x 13  195 
    Office  15 x 13  195 
    Lower Level Size Sq Ft
    Bedroom 4  19 x 15  285 
    Bedroom 5  12 x 12  144 
    Amusement Room  36 x 20  720 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Minnetonka
    Waterfront View: Lake, South
    DNR Lake ID#: 27013300
    WF Frontage: 122
    Lake Chain Name: N
    Lake Acres: 14205
    Lake Depth: 113
    Waterfront:
    • Dock
    • Lake Front
    • Lake View

    Lot & Land

    Acres: 0.56
    Geolocation: 44.939916, -93.588429
    Lot Dimensions: 122L x 207 x 117 x 215
    Zoning: Residential-Single Family
    Lot Description: Some Trees

    Schools

    School District: 278
    District Phone: 952-449-8305

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $34,415
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $34,415
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.