2462 Lafayette Road, Wayzata, MN 55391

$4,334,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 7,737 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $4,334,000 List Date: 7/21/2023 Last Modified: 8/08/2025

Overview

Description

This chic oasis set on approximately 1.2 acres with 150 ft of lakeshore offers stunning views and endless recreation options. The landmark property oozes with character, features world-class landscaping, and is authentic Lake Minnetonka. Renovated and updated throughout, the home is classic yet stylish and hip. Improvements and updates include: refinished hardwood, updated kitchen, many new windows and doors, and a hearth room addition with a fireplace made of fond de lac stone. Bathrooms feature new fixtures, tile, and marble. The entire second level houses a very special owner’s suite complete with a sitting room, private office, two walk-in closets, and a balcony with lake views. Exterior enhancements include a new chimney, fresh paint, a sport court/ parking space, and renovation of the historic icehouse. Numerous outdoor entertaining areas exist, including a flagstone patio/dining area with a fully equipped outdoor kitchen featuring Wolf appliances. The list goes on and on!

Listing Details MLS# 6347559

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 Present
Yes
Year Built
1903
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
3
Main Floor Total SqFt
3462
Above Grd Total SqFt
5107
Below Grd Total SqFt
2630
Total SqFt
7737
Total Finished Sqft
5857.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
3073
Garage Stalls
3
Lot Dimensions
27x151x31x122x30
Acres
1.2
# Carport Spaces
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); Deck; Dock; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Outdoor Kitchen; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Wine Cooler Basement: Egress Windows; Storage Space; Sump Pump Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath; Private Primary Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room; Separate/Formal Dining Room Exterior: Wood Family Room Characteristics: Main Level Fencing: None Financing Terms: Cash Fireplace Characteristics: Brick; Electric Fuel: Natural Gas Heating: Forced Air Laundry: Main Level; Sink Lock Box Type: Supra Lot Description: Tree Coverage - Medium Roof: Age Over 8 Years; Shake Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Bedroom; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Lake; Panoramic

Contract Information

Off Market Date
2023-08-31
Contingency
None
Closed Date
2023-09-20
Original List Price
4895000
Sales Close Price
4334000
ListPrice
4895000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2462
Street Name
Lafayette
Street Suffix
Road
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Gipson Acres 2nd Add

Building Information

Finished SqFt Above Ground
5046
Finished SqFt Below Ground
811

Lake Details

Lake Acres
14205
Lake Depth
113

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Height
7
Garage Door Width
9
Garage Square Feet
771

Public Survey Info

Range#
23
Section#
15
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 002 BLOCK 001 GIPSON ACRES 2ND ADDN ALSO THOSE PARTS OF VACATED LAFAYETTE AVENUE, SHOWN ON THE PLAT OF MINNETONKA BEACH ON LAKE MINNETONKA, HENNEPIN CO., MINN, AND OF AN UNDESIGNATED TRACT OF LAND IN SAID PLAT LYING BETWEEN SAID LAFAYETTE AVENUE AND THE SHORE OF LAKE MINNETONKA, WHICH LIE BETWEEN THE SOUTHEASTERLY EXTENSION OF THE NORTHEASTERLY AND THE SOUTHWESTERLY LINES OF LOT 2 BLOCK 1 GIPSON ACRES 2ND ADDITION
Listing City
Wayzata
Map Page
117
Municipality
Minnetonka Beach
Rental License?
No
School District
Orono
School District Phone
952-449-8305
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
1061
Property ID Number
1511723340006
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
Not disclosed

Directions & Remarks

Public Remarks
This chic oasis set on approximately 1.2 acres with 150 ft of lakeshore offers stunning views and endless recreation options. The landmark property oozes with character, features world-class landscaping, and is authentic Lake Minnetonka. Renovated and updated throughout, the home is classic yet stylish and hip. Improvements and updates include: refinished hardwood, updated kitchen, many new windows and doors, and a hearth room addition with a fireplace made of fond de lac stone. Bathrooms feature new fixtures, tile, and marble. The entire second level houses a very special owner’s suite complete with a sitting room, private office, two walk-in closets, and a balcony with lake views. Exterior enhancements include a new chimney, fresh paint, a sport court/ parking space, and renovation of the historic icehouse. Numerous outdoor entertaining areas exist, including a flagstone patio/dining area with a fully equipped outdoor kitchen featuring Wolf appliances. The list goes on and on!
Directions
Shoreline Dr; turn left onto Woodbridge Rd and then left onto Lafayette Rd. From Lafayette turn onto Huntington point Road to the cul-de-sac and take the last right straight to the rear of the house.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
Exercise Room
Yes
French Doors
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Window
Yes
Outdoor Kitchen
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Security System
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

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

Basement

Egress Windows
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
Private Primary
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes
Separate/Formal Dining Room
Yes

Exterior

Wood
Yes

Family Room Characteristics

Main Level
Yes

Fencing

None
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Brick
Yes
Electric
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Main Level
Yes
Sink
Yes

Lock Box Type

Supra
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes
Porch
Yes

Roof

Age Over 8 Years
Yes
Shake
Yes

Sewer

City Sewer/Connected
Yes

Special Search

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

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes
Panoramic
Yes

Room Information

Living Room Dimensions: 21 x 28 Level: Main Dining Room Dimensions: 9 x 19 Level: Main Dining Room Dimensions: 13 x 16 Level: Main Sitting Room Dimensions: 14 x 20 Level: Main Hearth Room Dimensions: 12 x 22 Level: Main Office Dimensions: 14 x 14 Level: Main Kitchen Dimensions: 13 x 14 Level: Main Second (2nd) Bedroom Dimensions: 18 x 13 Level: Main First (1st) Bedroom Dimensions: 20 x 14 Level: Main Fourth (4th) Bedroom Dimensions: 13 x 20 Level: Upper Third (3rd) Bedroom Dimensions: 25 x 15 Level: Upper Family Room Dimensions: 16 x 31 Level: Lower Fifth (5th) Bedroom Dimensions: 20 x 17 Level: Upper Exercise Room Dimensions: 12 x 16 Level: Lower
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 08 - 2025
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.