16103 Crosby Cove Road, Wayzata, MN 55391

$3,070,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 7,393 Lot Size (sq. ft.): 25,265 Status: Closed
Current Price: $3,070,000 List Date: 6/19/2023 Last Modified: 8/07/2025

Overview

Description

Welcome to Crosby Cove, one of Lake Minnetonka's most sought-after neighborhoods conveniently located within walking distance of Wayzata. Built to last with extensive 2023 updates,this exquisite family home exhibits unsurpassed quality featuring custom architectural design from SKD Architects, and is masterfully built with impeccable detail by L.Cramer. Priced well below replacement cost, this pristine property is a new construction alternative and features all the right spaces for daily living and entertainment including an entertainer's main floor with an epicurean kitchen, laundry, executive office, and extensive seating areas. Upper-level sumptuous primary suite with three additional bedrooms,and oversized bonus/flex room. Lower-level walkout with endless entertainment options, functional guest space,gym and storage. The private fenced-in backyard is ideal for a future pool and/or sport court. Enjoy the Lake Minnetonka lifestyle with association dedicated boat slips on Grays Bay.

Listing Details MLS# 6314008

General Property Information

Assoc Mgmt Co. Phone #
612-710-7170
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Crosby Cove Homeowners Assoc
Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
Yes
Waterfront Present
No
Year Built
2008
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
2457
Above Grd Total SqFt
5150
Below Grd Total SqFt
2243
Total SqFt
7393
Total Finished Sqft
6939.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2243
Power Company
Xcel Energy
Association Fee
375
Garage Stalls
3
Lot Dimensions
W126X200X125X204
Acres
0.58
# Carport Spaces
0
Bath Quarter
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Refrigerator; Washer Association Fee Includes: Lawn Care; Snow Removal Basement: Egress Windows; Full; Poured Concrete Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Informal Dining Room; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Shakes Family Room Characteristics: Family Room; Great Room; Lower Level; Main Level Financing Terms: Cash Fireplace Characteristics: Gas Burning Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Main Level Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Shake Sewer: City Sewer - In Street Special Search: 4 BR on One Level; Main Floor Laundry Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2023-09-08
Contingency
None
Closed Date
2023-11-14
Original List Price
3595000
Sales Close Price
3070000
ListPrice
3295000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
16103
Street Name
Crosby Cove
Street Suffix
Road
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Crosby Cove

Assessments

Tax With Assessments
36939.2
Assessment Balance
0

Building Information

Finished SqFt Above Ground
5150
Finished SqFt Below Ground
1789

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
33X22
Garage Square Feet
726

Public Survey Info

Range#
22
Section#
08
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
LOT 001 BLOCK 002 CROSBY COVE
Listing City
Wayzata
Map Page
104
Municipality
Minnetonka
Rental License?
No
School District
Wayzata
School District Phone
763-745-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
4528
Property ID Number
0811722410041
Tax Year
2023
Tax Amount
36939.2
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to Crosby Cove, one of Lake Minnetonka's most sought-after neighborhoods conveniently located within walking distance of Wayzata. Built to last with extensive 2023 updates,this exquisite family home exhibits unsurpassed quality featuring custom architectural design from SKD Architects, and is masterfully built with impeccable detail by L.Cramer. Priced well below replacement cost, this pristine property is a new construction alternative and features all the right spaces for daily living and entertainment including an entertainer's main floor with an epicurean kitchen, laundry, executive office, and extensive seating areas. Upper-level sumptuous primary suite with three additional bedrooms,and oversized bonus/flex room. Lower-level walkout with endless entertainment options, functional guest space,gym and storage. The private fenced-in backyard is ideal for a future pool and/or sport court. Enjoy the Lake Minnetonka lifestyle with association dedicated boat slips on Grays Bay.
Directions
From Wayzata take McGinty Road to the east to Crosby Road. South on Crosby Rd to Crosby Cove.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Association Fee Includes

Lawn Care
Yes
Snow Removal
Yes

Basement

Egress Windows
Yes
Full
Yes
Poured Concrete
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Informal Dining Room
Yes
Separate/Formal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Shakes
Yes

Family Room Characteristics

Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Association Access
Yes
Deeded Access
Yes
Dock
Yes

Laundry

Laundry Room
Yes
Main Level
Yes

Patio, Porch and Deck Features

Deck
Yes
Front Porch
Yes
Patio
Yes
Porch
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Shake
Yes

Sewer

City Sewer - In Street
Yes

Special Search

4 BR on One Level
Yes
Main Floor Laundry
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Living Room Dimensions: 21X18 Level: Main Dining Room Dimensions: 17X12 Level: Main Family Room Dimensions: 33X22 Level: Lower Kitchen Dimensions: 18X16 Level: Main First (1st) Bedroom Dimensions: 16X15 Level: Upper Second (2nd) Bedroom Dimensions: 13X12 Level: Upper Third (3rd) Bedroom Dimensions: 15X10 Level: Upper Fourth (4th) Bedroom Dimensions: 17X12 Level: Upper Fifth (5th) Bedroom Dimensions: 15X12 Level: Lower Amusement Room Level: Lower Bar/Wet Bar Room Level: Lower Bonus Room Dimensions: 24X18 Level: Upper Exercise Room Dimensions: 16X12 Level: Lower Flex Room Dimensions: 19X15 Level: Lower Laundry Dimensions: 10X9 Level: Main Mud Room Dimensions: 16X14 Level: Main Office Dimensions: 16X12 Level: Main
Listing Office: Compass
IDX
Last Updated: August - 07 - 2025
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