2442 Lafayette Road, Wayzata, MN 55391

New Listing
$5,395,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 6,095 Lot Size (sq. ft.): 49,658 Status: Active
Current Price: $5,395,000 List Date: 4/24/2026 Last Modified: 4/26/2026

Overview

Description

Wake up to shimmering sunrise views and end each day surrounded by the peaceful beauty of Lake Minnetonka. Set on 1.1 acres, one of the bigger lots in Minnetonka Beach, with 150 feet of riprapped shoreline and sandy hard bottom. This exceptional home offers an exceptional blend of luxury, warmth, and lakeside living. Designed for family comforts, memorable gatherings and relaxed everyday moments, the home’s expansive spaces are perfect for hosting, unwinding, and celebrating life’s moments with 2 fireplaces, a wine cellar, sauna, and wet bar. Thoughtful architectural details, from the cross-gable roof with exposed rafter tails, reflects timeless craftsmanship throughout. The home seamlessly marries classic charm with modern comforts, full interior upgrade/update in 2025–26 and fully rebuilt in 2016, down to the studs. Step outside to the gorgeous patio, where manicured grounds lead to the water’s edge, offering unforgettable east-facing lake views. Steps to neighborhood parks and Dakota Trail and not a stop light to downtown Wayzata, Minneapolis and MSP airport. This is a rare opportunity to enjoy privacy, beauty, and legacy living on Lake Minnetonka.

Listing Details MLS# 7038988

General Property Information

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 Frontage
150
Waterfront Present
Yes
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
3
Bath Half
Yes
Main Floor Total SqFt
2067
Above Grd Total SqFt
4147
Below Grd Total SqFt
1948
Total SqFt
6095
Total Finished Sqft
5659.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1999
Garage Stalls
3
Lot Dimensions
134x142x91x237x124x280
Acres
1.14
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Sauna; Security System; Walk-In Closet; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Bath Description: Double Sink; His and Her Closets; Sauna; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Block; Frame; Stone Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Living/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Exterior: Stucco Family Room Characteristics: Lower Level Fireplace Characteristics: Gas Burning Foundation: Concrete Block; Stone Fuel: Natural Gas Heating: Forced Air Lake Details: Excellent Sand; Hard Laundry: Upper Level Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Light Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront View: Panoramic

Contract Information

Exclusions
Dock at the property in not for purchase, Dock in the photos will be installed after 6/1/26
Contingency
None
Original List Price
5395000
ListPrice
5395000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2442
Street Name
Lafayette
Street Suffix
Road
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Minnetonka Beach On Lake Mtka

Assessments

Tax With Assessments
51862
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4147
Finished SqFt Below Ground
1512

More Information

Lake Details

Lake Acres
14205
Lake Depth
113
Excellent Sand
Yes
Hard
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
925

Public Survey Info

Range#
23
Section#
15
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
MINNETONKA BEACH ON LAKE MTKA LOTS 45 AND 46 AND SLY 25 FT FRONT AND REAR OF LOT 47 ALSO THAT PART OF LOT C SUPPLEMENTAL PLAT OF MINNETONKA BEACH LYING NELY OF NELY LINE OF BLK 2 GIPSON ACRES AND NELY LINE OF BLK 1 GIPSON ACRES 2ND ADDN AND LYING ELY OF FOL DESC LINE COM AT NE COR OF LOT C TH WLY ALONG N LINE THOF DIST 62.94 FT TO PT OF BEG OF SAID LINE TH DEFLECT LEFT 90 DEG DIST 123.82 FT TO ITS INTERSECTION WITH NELY LINE OF SAID BLK 2 AND SAID LINE THERE TERM- INATING INCL ALL OF ADJ LAFAYET TE RD VAC SUBJECT TO ROAD
Listing City
Wayzata
Map Page
117
Municipality
Minnetonka Beach
School District
Orono
School District Phone
952-449-8305
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
9750
Property ID Number
1511723310062
Tax Year
2025
Tax Amount
51862
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Wake up to shimmering sunrise views and end each day surrounded by the peaceful beauty of Lake Minnetonka. Set on 1.1 acres, one of the bigger lots in Minnetonka Beach, with 150 feet of riprapped shoreline and sandy hard bottom. This exceptional home offers an exceptional blend of luxury, warmth, and lakeside living. Designed for family comforts, memorable gatherings and relaxed everyday moments, the home’s expansive spaces are perfect for hosting, unwinding, and celebrating life’s moments with 2 fireplaces, a wine cellar, sauna, and wet bar. Thoughtful architectural details, from the cross-gable roof with exposed rafter tails, reflects timeless craftsmanship throughout. The home seamlessly marries classic charm with modern comforts, full interior upgrade/update in 2025–26 and fully rebuilt in 2016, down to the studs. Step outside to the gorgeous patio, where manicured grounds lead to the water’s edge, offering unforgettable east-facing lake views. Steps to neighborhood parks and Dakota Trail and not a stop light to downtown Wayzata, Minneapolis and MSP airport. This is a rare opportunity to enjoy privacy, beauty, and legacy living on Lake Minnetonka.
Directions
Take Hy 15 west , turn left onto Lafayette Rd

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Dock
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Sauna
Yes
Security System
Yes
Walk-In Closet
Yes
Wet Bar
Yes

Appliances

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

Assumable Loan

Not Assumable
Yes

Bath Description

Double Sink
Yes
His and Her Closets
Yes
Sauna
Yes
Main Floor 1/2 Bath
Yes
Main Floor 3/4 Bath
Yes
Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Block
Yes
Frame
Yes
Stone
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Living/Dining Room
Yes

Electric

Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Stucco
Yes

Family Room Characteristics

Lower Level
Yes

Fireplace Characteristics

Gas Burning
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

Upper Level
Yes

Lock Box Type

Supra
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Panoramic
Yes

Room Information

Den Dimensions: 12x17 Level: Main Dining Room Dimensions: 10x16 Level: Main Family Room Dimensions: 29x21 Level: Lower First (1st) Bedroom Dimensions: 19x17 Level: Upper Fourth (4th) Bedroom Dimensions: 11x14 Level: Main Kitchen Dimensions: 15x25 Level: Main Living Room Dimensions: 20x17 Level: Main Office Dimensions: 11x14 Level: Main Patio Dimensions: 20x44 Level: Main Porch Dimensions: 12x7 Level: Main Second (2nd) Bedroom Dimensions: 15x10 Level: Upper Third (3rd) Bedroom Dimensions: 11x15 Level: Upper

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: April - 26 - 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.