1038 Lake Street E, Wayzata, MN 55391

$3,700,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 5,862 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $3,700,000 List Date: 6/21/2025 Last Modified: 1/27/2026

Overview

Description

Downtown Wayzata luxury with lake views, walkability, and flawless design. Crafted by the acclaimed Black Dog Homes and designed by Alexander Design Group in collaboration with Vivid Home, this stunning new construction captures the essence of elevated living—where form meets function and every detail is intentional. Enjoy views of Wayzata Bay in an unbeatable location just steps from the lake, shops, and restaurants. The open-concept main level flows effortlessly between the gourmet kitchen, scullery, dining area, and a sophisticated living room centered around a custom fireplace. A sun-filled four-season room opens to an elegantly landscaped patio—perfect for entertaining or relaxing in privacy. Upstairs, four bedrooms each feature en suite baths and walk-in closets. The primary suite is a true retreat, offering serene lake views, a spa-inspired bath, and a custom-designed walk-in closet. A dedicated laundry room on this level adds daily convenience. The lower level delivers exceptional lifestyle amenities, including a large family room, private exercise studio, and a cutting-edge golf simulator—heated by in-floor radiant warmth. An elevator services all three levels, providing seamless access throughout the home. Discover the difference in design, quality, and execution that defines every Black Dog Homes experience.

Listing Details MLS# 6742016

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
Yes
Waterfront Present
No
Year Built
2024
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
3
Bath Half
Yes
Main Floor Total SqFt
2087
Above Grd Total SqFt
3804
Below Grd Total SqFt
2058
Total SqFt
5862
Total Finished Sqft
5402.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2087
Garage Stalls
3
Lot Dimensions
100x146x100x147
Acres
0.34
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Patio; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Walk-In Closet; Wet Bar Appliances: Chandelier; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Basement: Full Construction Status: Completed New Construction Dining Room Description: Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Exterior: Brick/Stone; Cement Board Family Room Characteristics: Lower Level Fencing: Partial; Split Rail Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: Other Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Upper Level Lot Description: Tree Coverage - Light Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Roof: Architectural Shingle Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2025-11-17
Contingency
None
Closed Date
2025-11-17
Original List Price
3999500
Sales Close Price
3700000
ListPrice
3999500
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1038
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
E
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Assessments

Tax With Assessments
18461
Assessment Balance
0

Builder Information

Builder ID
BLACK DOG HOMES CO
Builder License Number
594831
Builder Name
BLACK DOG HOMES CO

More Information

Building Information

Finished SqFt Above Ground
3804
Finished SqFt Below Ground
1598

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
920
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BLOCK 060 MINNETONKA ARLINGTON HEIGHTS COM AT MOST WLY COR OF BLK 60 TH NELY TO THE MOST NLY COR THEREOF TH SELY 337 9/10 FT ALONG THE NLY LINE OF SAID BLK TH SLY TO A PT IN THE SLY LINE OF SAID BLK DIS 325 1/10 FT SLY FROM BEG TH NWLY TO BEG
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Property ID Number
0611722440030
Tax Year
2025
Tax Amount
18461
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Downtown Wayzata luxury with lake views, walkability, and flawless design. Crafted by the acclaimed Black Dog Homes and designed by Alexander Design Group in collaboration with Vivid Home, this stunning new construction captures the essence of elevated living—where form meets function and every detail is intentional. Enjoy views of Wayzata Bay in an unbeatable location just steps from the lake, shops, and restaurants. The open-concept main level flows effortlessly between the gourmet kitchen, scullery, dining area, and a sophisticated living room centered around a custom fireplace. A sun-filled four-season room opens to an elegantly landscaped patio—perfect for entertaining or relaxing in privacy. Upstairs, four bedrooms each feature en suite baths and walk-in closets. The primary suite is a true retreat, offering serene lake views, a spa-inspired bath, and a custom-designed walk-in closet. A dedicated laundry room on this level adds daily convenience. The lower level delivers exceptional lifestyle amenities, including a large family room, private exercise studio, and a cutting-edge golf simulator—heated by in-floor radiant warmth. An elevator services all three levels, providing seamless access throughout the home. Discover the difference in design, quality, and execution that defines every Black Dog Homes experience.
Directions
East on Lake Street E to cul-de-sac. Continue straight on cul-de-sac. Homesite on right.

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Sun Room
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Wet Bar
Yes

Appliances

Chandelier
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Full
Yes

Construction Status

Completed New Construction
Yes

Dining Room Description

Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Exterior

Brick/Stone
Yes
Cement Board
Yes

Family Room Characteristics

Lower Level
Yes

Fencing

Partial
Yes
Split Rail
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake View
Yes

Laundry

Laundry Room
Yes
Upper Level
Yes

Lot Description

Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Covered
Yes
Front Porch
Yes
Patio
Yes

Roof

Architectural Shingle
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
4 BR on One Level
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Pantry (Walk-In) Dimensions: 10 x 8 Level: Main Mud Room Dimensions: 17 x 13 Level: Main Primary Bath Dimensions: 13 x 12 Level: Upper Recreation Room Dimensions: 23 x 16 Level: Lower Exercise Room Dimensions: 14 x 11 Level: Lower Fourth (4th) Bedroom Dimensions: 13 x 11 Level: Upper Third (3rd) Bedroom Dimensions: 13 x 11 Level: Upper Second (2nd) Bedroom Dimensions: 12 x 11 Level: Upper First (1st) Bedroom Dimensions: 14 x 14 Level: Upper Family Room Dimensions: 19 x 18 Level: Lower Kitchen Dimensions: 22 x 15 Level: Main Dining Room Dimensions: 18 x 10 Level: Main Living Room Dimensions: 18 x 17 Level: Main
Listing Office: Engel & Volkers Lake Minnetonka
IDX
Last Updated: January - 27 - 2026
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