An exceptional opportunity to remodel or build a new home in historic Minnetonka Beach. Situated in the award-winning Orono School District, this property boasts big water views of Lafayette Bay and includes a 32' association dock slip on Lake Minnetonka, providing endless recreational opportunities. The Lafayette Ridge Homeowners Association offers a private covered dock, beach access, a waterfront gazebo, and athletic courts, all conveniently located near the Dakota Walking Trail, Lafayette Country Club, and nearby local dining and shopping options. Although the value of this property is completely in the land, notable home highlights include vista lake views, practical main floor living with a primary suite, laundry, and both formal and casual dining and entertainment spaces. The upper level offers three additional bedrooms and a den, while the walkout lower level features multiple entertainment spaces, storage, flex space, and a summer kitchen. With a rare combination of lake access, a desirable Minnetonka Beach location, and Orono Schools, this is the ideal setting for your next real estate investment.
Closed
$745,000
3147 Lafayette Ridge Rd, Wayzata, MN 55391
4beds
5,123sqft
Single Family Residence
Built in 1980
0.34 Acres Lot
$745,200 Zestimate®
$145/sqft
$6,254 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 12:17pm
Listed by:
Dan Hollerman 952-292-1200,
Compass,
Jaclyn A Gavzy 952-221-5977
Bought with:
Dan Hollerman
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6653487

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Bedroom 2
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14X14
Bedroom 3
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14X14
Bedroom 4
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 17X14
Other
- Level: Lower
- Area: 256 Square Feet
- Dimensions: 16X16
Deck
- Level: Main
- Area: 686 Square Feet
- Dimensions: 49X14
Den
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17X17
Family room
- Level: Lower
- Area: 288 Square Feet
- Dimensions: 18X16
Flex room
- Level: Lower
- Area: 308 Square Feet
- Dimensions: 22X14
Game room
- Level: Lower
- Area: 325 Square Feet
- Dimensions: 25X13
Informal dining room
- Level: Main
- Area: 96 Square Feet
- Dimensions: 16X6
Kitchen
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17X11
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8X7
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Storage
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Features
- Basement: Daylight,Finished,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 5,123
- Total interior livable area: 5,123 sqft
- Finished area above ground: 2,688
- Finished area below ground: 2,022
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (25X24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Wrap Around
- Pool features: None
- Has view: Yes
- View description: Bay, East, Lake, South
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Association Access, Deeded Access, Dock, Lake View, Shared, Road Between Waterfront And Home, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 0.34 Acres
- Dimensions: N56 x 150 x 157 x 150
Details
- Foundation area: 2273
- Parcel number: 1611723330009
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Other, Frame
- Roof: Wood
Condition
- Age of Property: 45
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Lafayette Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $3,662 annually
- Services included: Dock, Shared Amenities
- Association name: Lafayette Ridge Home Owners Association
- Association phone: 612-961-2820
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$745,200
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
$745,200