3115 Lake Shore Boulevard, Wayzata, MN 55391

$2,699,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,712 Lot Size (sq. ft.): 23,522 Status: Pending
Current Price: $2,699,000 List Date: 2/20/2026 Last Modified: 2/26/2026

Overview

Description

Welcome to lakeside living at its finest on the sought-after shores of Libbs Lake, with access to Lake Minnetonka by boat, where a sandy on-property beach, permanent year-round dock, and covered slip for boats up to 34 feet make every season on the water effortless and inviting. Set within the highly regarded Minnetonka School District and just moments from the neighborhood beach, park, and main lake access, this home blends an exceptional location with thoughtfully designed comfort. ***The sellers have a hail claim in progress so the possibility is there for buyer to select a new exterior color, garage door color, and new garage doors.  Inside, expansive windows fill the home with natural light and showcase sweeping lake views, while the open-concept kitchen—featuring granite countertops, a center island, and walk-in pantry—creates a welcoming space for everyday living and entertaining. Enameled woodwork, a private home office, and convenient upper-level laundry add style and practicality. The serene primary suite offers a walk-in closet and spa-like bath, while the walkout lower level provides remarkable flexibility with a second kitchen, double-sided fireplace, steam shower, sauna, and guest-ready living quarters. The garage includes ample storage with the addition of built-in stainless-steel Cabinetry with full workbench ($30,000).  Outdoors, enjoy beautifully updated landscaping, a maintenance-free deck, terraced yard, and expansive lakeside patio with fireplace—perfect for gathering, relaxing, and making lasting memories by the water.

Listing Details MLS# 6803669

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?
No
Waterfront Frontage
120
Waterfront Present
Yes
Year Built
1993
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1222
Above Grd Total SqFt
2465
Below Grd Total SqFt
1247
Total SqFt
3712
Total Finished Sqft
3654.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1247
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
Irregular
Acres
0.54
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Deck; Dock; Exercise Room; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Panoramic View; Primary Bedroom Walk-In Closet; Sauna; Security Lights; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Walk-Up Attic; Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Basement: Drain Tiled; Full; Poured Concrete; Storage Space; Tile Shower Bath Description: Double Sink; Sauna; Steam Shower; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Exterior: Cedar; Wood Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Great Room; Lower Level; Main Level Fencing: Partial; Privacy; Wood Fireplace Characteristics: 2-Sided; Amusement Room; Family Room; Gas Burning Foundation: 8 ft+ Pour Fuel: Natural Gas Green Indoor Air Quality: Active Radon Mitigation System Heating: Forced Air Internet Options: Cable; Satellite Lake Details: Sand; Weeds Laundry: Laundry Closet; Laundry Room; Lower Level; Upper Level Lock Box Type: Combo Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium; Underground Utilities Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Second Unit: Existing In-Law w/Bath; Existing In-Law w/Kitchen Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Lake; Panoramic; North; East

Contract Information

Off Market Date
2026-02-26
Contingency
None
Original List Price
2699000
ListPrice
2699000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3115
Street Name
Lake Shore
Street Suffix
Boulevard
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Thorpe Bros Groveland Shores

Assessments

Tax With Assessments
30154
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2465
Finished SqFt Below Ground
1189

More Information

Lake Details

Lake Acres
14205
Lake Depth
113
Sand
Yes
Weeds
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
33x23
Garage Door Height
7
Garage Door Width
9
Garage Square Feet
830
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Storage
Yes

Public Survey Info

Range#
22
Section#
17
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
THORPE BROS GROVELAND SHORES LOTS 28 AND 29 BLK 1 THORPE BROS GROVELAND SHORES AND LOT 26 BLK 2 THORPE BROS REARGT GROVELAND SHORES
Listing City
Minnetonka
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
2950
Property ID Number
1711722120063
Tax Year
2025
Tax Amount
30154
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to lakeside living at its finest on the sought-after shores of Libbs Lake, with access to Lake Minnetonka by boat, where a sandy on-property beach, permanent year-round dock, and covered slip for boats up to 34 feet make every season on the water effortless and inviting. Set within the highly regarded Minnetonka School District and just moments from the neighborhood beach, park, and main lake access, this home blends an exceptional location with thoughtfully designed comfort. ***The sellers have a hail claim in progress so the possibility is there for buyer to select a new exterior color, garage door color, and new garage doors.  Inside, expansive windows fill the home with natural light and showcase sweeping lake views, while the open-concept kitchen—featuring granite countertops, a center island, and walk-in pantry—creates a welcoming space for everyday living and entertaining. Enameled woodwork, a private home office, and convenient upper-level laundry add style and practicality. The serene primary suite offers a walk-in closet and spa-like bath, while the walkout lower level provides remarkable flexibility with a second kitchen, double-sided fireplace, steam shower, sauna, and guest-ready living quarters. The garage includes ample storage with the addition of built-in stainless-steel Cabinetry with full workbench ($30,000).  Outdoors, enjoy beautifully updated landscaping, a maintenance-free deck, terraced yard, and expansive lakeside patio with fireplace—perfect for gathering, relaxing, and making lasting memories by the water.
Directions
101 to Grays Bay Blvd., east to Lake Shore Blvd., south to home

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Boat Slip
Yes
Deck
Yes
Dock
Yes
Exercise Room
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Panoramic View
Yes
Primary Bedroom Walk-In Closet
Yes
Sauna
Yes
Security Lights
Yes
Security System
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Walk-Up Attic
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Basement

Drain Tiled
Yes
Full
Yes
Poured Concrete
Yes
Storage Space
Yes
Tile Shower
Yes

Bath Description

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

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes

Electric

Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Cedar
Yes
Wood
Yes

Family Room Characteristics

2 or More
Yes
2 Story/High/Vaulted Ceilings
Yes
Entertainment/Media Center
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Partial
Yes
Privacy
Yes
Wood
Yes

Fireplace Characteristics

2-Sided
Yes
Amusement Room
Yes
Family Room
Yes
Gas Burning
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Green Indoor Air Quality

Active Radon Mitigation System
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
Satellite
Yes

Lake/Waterfront

Lake Front
Yes

Laundry

Laundry Closet
Yes
Laundry Room
Yes
Lower Level
Yes
Upper Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Accessible Shoreline
Yes
Irregular Lot
Yes
Tree Coverage - Medium
Yes
Underground Utilities
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Front Porch
Yes
Patio
Yes

Pool Description

None
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
Pitched
Yes

Second Unit

Existing In-Law w/Bath
Yes
Existing In-Law w/Kitchen
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

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

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
North
Yes
East
Yes

Room Information

Bonus Room Dimensions: 5x10 Level: Lower Deck Dimensions: 19x13 Level: Main Dining Room Dimensions: 16x11 Level: Main Family Room Dimensions: 18x16 Level: Lower First (1st) Bedroom Dimensions: 16x12 Level: Upper Fourth (4th) Bedroom Dimensions: 13x11 Level: Lower Foyer Dimensions: 13x13 Level: Main Kitchen Dimensions: 15x15 Level: Main Kitchen Dimensions: 5x10 Level: Lower Laundry Dimensions: 6x6 Level: Upper Laundry Dimensions: 5x3 Level: Lower Living Room Dimensions: 17x23 Level: Main Office Dimensions: 12x11 Level: Lower Pantry (Walk-In) Dimensions: 4x3 Level: Main Porch Dimensions: 16x5 Level: Main Second (2nd) Bedroom Dimensions: 15x10 Level: Upper Third (3rd) Bedroom Dimensions: 15x11 Level: Upper Fifth (5th) Bedroom Dimensions: 13x13 Level: Lower

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: February - 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.