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!
Closed
$4,334,000
2462 Lafayette Rd, Wayzata, MN 55391
5beds
5,857sqft
Single Family Residence
Built in 1903
1.2 Acres Lot
$6,210,200 Zestimate®
$740/sqft
$7,423 Estimated rent
Home value
$6,210,200
$5.90M - $6.52M
$7,423/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2024 at 08:53am
Listed by:
Mark D Grieger 612-382-4952,
Coldwell Banker Realty
Bought with:
Jay Ettinger
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6347559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
Bedroom 1
- Level: Main
- Area: 280 Square Feet
- Dimensions: 20 x 14
Bedroom 2
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18 x 13
Bedroom 3
- Level: Upper
- Area: 375 Square Feet
- Dimensions: 25 x 15
Bedroom 4
- Level: Upper
- Area: 260 Square Feet
- Dimensions: 13 x 20
Bedroom 5
- Level: Upper
- Area: 340 Square Feet
- Dimensions: 20 x 17
Dining room
- Level: Main
- Area: 171 Square Feet
- Dimensions: 9 x 19
Dining room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13 x 16
Exercise room
- Level: Lower
- Area: 192 Square Feet
- Dimensions: 12 x 16
Family room
- Level: Lower
- Area: 496 Square Feet
- Dimensions: 16 x 31
Hearth room
- Level: Main
- Area: 264 Square Feet
- Dimensions: 12 x 22
Kitchen
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13 x 14
Living room
- Level: Main
- Area: 588 Square Feet
- Dimensions: 21 x 28
Office
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14 x 14
Sitting room
- Level: Main
- Area: 280 Square Feet
- Dimensions: 14 x 20
Storage
- Level: Lower
- Area: 666 Square Feet
- Dimensions: 37 x 18
Utility room
- Level: Lower
- Area: 372 Square Feet
- Dimensions: 12 x 31
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine Cooler
Features
- Basement: Daylight,Egress Window(s),Finished,Partially Finished,Storage Space,Sump Pump
- Number of fireplaces: 2
- Fireplace features: Brick, Electric
Interior area
- Total structure area: 5,857
- Total interior livable area: 5,857 sqft
- Finished area above ground: 5,046
- Finished area below ground: 811
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View, Road Between Waterfront And Home, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 1.20 Acres
- Dimensions: 27 x 151 x 31 x 122 x 30
Details
- Foundation area: 3073
- Parcel number: 1511723340006
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Shake,Age Over 8 Years
Condition
- Age of Property: 121
- New construction: No
- Year built: 1903
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Gipson Acres 2nd Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Listing removed | $14,995$3/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781778 Report a problem | ||
| 1/1/2026 | Listing removed | $6,900,000$1,178/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6754063 Report a problem | ||
| 9/22/2025 | Price change | $14,995-25%$3/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781778 Report a problem | ||
| 9/3/2025 | Listed for rent | $19,995$3/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6781778 Report a problem | ||
| 8/26/2025 | Price change | $6,900,000-5.5%$1,178/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6754063 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52,074 +6.7% | $4,385,700 +2.9% |
| 2024 | $48,802 +14.8% | $4,261,400 +2.6% |
| 2023 | $42,512 +9.8% | $4,153,700 +16.1% |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Orono Intermediate Elementary SchoolGrades: 3-5Distance: 3.8 mi
- 8/10Orono Middle SchoolGrades: 6-8Distance: 4.1 mi
- 10/10Orono Senior High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value$6,210,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,210,200