17209 Grays Bay Boulevard, Wayzata, MN 55391

$1,495,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,326 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $1,495,000 List Date: 11/12/2025 Last Modified: 5/07/2026

Overview

Description

An extraordinary and rare offering from renowned Architect Howard Theis, a spacious home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the long commute. With sweeping views of the bay, the residence seamlessly blends striking architectural lines with the peaceful rhythm of lake area living. The interior is a designer-curated masterpiece, featuring vibrant living spaces, thoughtful flow, and high-end materials throughout. The first-floor cedar front balcony is uniquely large and can accommodate many activities including outdoor dining and sitting area comfort. The primary suite opens to a private balcony overlooking the water—perfect for greeting the sunrise or sunset. A tucked-under garage provides discreet functionality while preserving the home’s clean, modern aesthetic. Enjoy the tranquility of this intimate community while being just minutes from major freeway access, making daily commutes and city excursions effortlessly convenient. Located within the top-ranked Minnetonka School District, this home offers not only beauty and privacy but access to some of Minnesota’s most prestigious education. New roof and HVAC in 2024 with meticulous home care are an added benefit to the tasteful interior design. Gray’s Bay public lake access and boat launch across the street; Libbs Lake just 0.7 miles away has opportunities for swimming, fishing, and boating, and offers numerous opportunities to enjoy the lake area to the fullest. Opportunity to renew boat slip lease, located one mile away on Libbs Lake, at time of purchase only via separate transaction. (Owner of home has had lease for 15-years.) This is more than a home—it is a rare chance to live artfully near the water, in a setting that’s both serene and superbly connected. Just four minutes drive to freeway access and minutes to downtown Wayzata or Minnetonka shopping and dining, you can have all facets of social lifestyle and culture while living in a cozy alcove.

Open Houses

Listing Details MLS# 6816345

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
2007
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Half
Yes
Main Floor Total SqFt
1277
Above Grd Total SqFt
2554
Below Grd Total SqFt
772
Total SqFt
3326
Total Finished Sqft
3082.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1277
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
50X200
Acres
0.23
Assessment Pending
Unknown
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Outdoor Kitchen; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Microwave; Refrigerator Basement: Egress Windows; Full; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Electric: Circuit Breakers Exterior: Fiber Board Family Room Characteristics: 2 or More; Family Room; Lower Level; Main Level Fencing: Full; Wood Fireplace Characteristics: Family Room; Wood Burning Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: Main Level; Sink; Washer Hookup Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light; Underground Utilities Parking Characteristics: Garage Door Opener; Tuckunder Garage Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 3 BR on One Level; 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Lake

Contract Information

Contingency
None
Original List Price
1495000
ListPrice
1495000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
17209
Street Name
Grays Bay
Street Suffix
Boulevard
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Thorpe Bros Groveland Shores

Assessments

Tax With Assessments
10635
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2554
Finished SqFt Below Ground
528

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
28x21
Garage Square Feet
597
Garage Door Opener
Yes
Tuckunder Garage
Yes

Public Survey Info

Range#
22
Section#
17
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 003 BLOCK 008 THORPE BROS GROVELAND SHORES
Listing City
Wayzata
Map Page
104
Municipality
Minnetonka
School District
Minnetonka
School District Phone
952-401-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
2926
Property ID Number
1711722210061
Tax Year
2025
Tax Amount
10635
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
An extraordinary and rare offering from renowned Architect Howard Theis, a spacious home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the long commute. With sweeping views of the bay, the residence seamlessly blends striking architectural lines with the peaceful rhythm of lake area living. The interior is a designer-curated masterpiece, featuring vibrant living spaces, thoughtful flow, and high-end materials throughout. The first-floor cedar front balcony is uniquely large and can accommodate many activities including outdoor dining and sitting area comfort. The primary suite opens to a private balcony overlooking the water—perfect for greeting the sunrise or sunset. A tucked-under garage provides discreet functionality while preserving the home’s clean, modern aesthetic. Enjoy the tranquility of this intimate community while being just minutes from major freeway access, making daily commutes and city excursions effortlessly convenient. Located within the top-ranked Minnetonka School District, this home offers not only beauty and privacy but access to some of Minnesota’s most prestigious education. New roof and HVAC in 2024 with meticulous home care are an added benefit to the tasteful interior design. Gray’s Bay public lake access and boat launch across the street; Libbs Lake just 0.7 miles away has opportunities for swimming, fishing, and boating, and offers numerous opportunities to enjoy the lake area to the fullest. Opportunity to renew boat slip lease, located one mile away on Libbs Lake, at time of purchase only via separate transaction. (Owner of home has had lease for 15-years.) This is more than a home—it is a rare chance to live artfully near the water, in a setting that’s both serene and superbly connected. Just four minutes drive to freeway access and minutes to downtown Wayzata or Minnetonka shopping and dining, you can have all facets of social lifestyle and culture while living in a cozy alcove.
Directions
101 TO GRAYS BAY BLVD EAST TO HOME

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Outdoor Kitchen
Yes
Panoramic View
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Microwave
Yes
Refrigerator
Yes

Basement

Egress Windows
Yes
Full
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Fiber Board
Yes

Family Room Characteristics

2 or More
Yes
Family Room
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Full
Yes
Wood
Yes

Fireplace Characteristics

Family Room
Yes
Wood Burning
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake View
Yes

Laundry

Main Level
Yes
Sink
Yes
Washer Hookup
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes
Underground Utilities
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

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

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes

Room Information

Second (2nd) Bedroom Dimensions: 13x12 Level: Upper Third (3rd) Bedroom Dimensions: 13x12 Level: Upper Foyer Dimensions: 11x07 Level: Main First (1st) Bedroom Dimensions: 16x15 Level: Upper Family Room Dimensions: 20x12 Level: Main Kitchen Dimensions: 13x11 Level: Main Living Room Dimensions: 15x11 Level: Main Dining Room Dimensions: 11x11 Level: Main Recreation Room Dimensions: 26x11 Level: Lower Fourth (4th) Bedroom Dimensions: 12x11 Level: Upper
Listing Office: Lakes Sotheby's International Realty
IDX
Last Updated: May - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.