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16103 Crosby Cove Road, Wayzata, MN 55391

$3,070,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 7,393 Lot Size (sq. ft.): 25,265 Status: Closed

Current Price: $3,070,000 List Date: 6/19/2023 Last Modified: 8/07/2025

Overview

Description

Welcome to Crosby Cove, one of Lake Minnetonka's most sought-after neighborhoods conveniently located within walking distance of Wayzata. Built to last with extensive 2023 updates,this exquisite family home exhibits unsurpassed quality featuring custom architectural design from SKD Architects, and is masterfully built with impeccable detail by L.Cramer. Priced well below replacement cost, this pristine property is a new construction alternative and features all the right spaces for daily living and entertainment including an entertainer's main floor with an epicurean kitchen, laundry, executive office, and extensive seating areas. Upper-level sumptuous primary suite with three additional bedrooms,and oversized bonus/flex room. Lower-level walkout with endless entertainment options, functional guest space,gym and storage. The private fenced-in backyard is ideal for a future pool and/or sport court. Enjoy the Lake Minnetonka lifestyle with association dedicated boat slips on Grays Bay.

Listing Details MLS# 6314008

General Property Information

Assoc Mgmt Co. Phone #: 612-710-7170
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Crosby Cove Homeowners Assoc
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: Yes
Year Built: 2008
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 2457
Above Grd Total SqFt: 5150
Below Grd Total SqFt: 2243
Total SqFt: 7393
Total Finished Sqft: 6939.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2243
Power Company: Xcel Energy
Association Fee: 375
Garage Stalls: 3
Lot Dimensions: W126X200X125X204
Acres: 0.58
# Carport Spaces: 0
Bath Quarter: 0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Refrigerator; Washer Association Fee Includes: Lawn Care; Snow Removal Basement: Egress Windows; Full Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Informal Dining Room; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Shakes Family Room Characteristics: Family Room; Great Room; Lower Level; Main Level Financing Terms: Cash Fireplace Characteristics: Gas Burning Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Main Level Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Shake Sewer: City Sewer - In Street Special Search: 4 BR on One Level; Main Floor Laundry Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2023-09-08
Contingency: None
Closed Date: 2023-11-14
Original List Price: 3595000
Sales Close Price: 3070000
ListPrice: 3295000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 16103
Street Name: Crosby Cove
Street Suffix: Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Crosby Cove

Assessments

Tax With Assessments: 36939.2
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 5150
Finished SqFt Below Ground: 1789

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 33X22
Garage Square Feet: 726

Public Survey Info

Range#: 22
Section#: 08
Township#: 117

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: LOT 001 BLOCK 002 CROSBY COVE
Listing City: Wayzata
Map Page: 104
Municipality: Minnetonka
Rental License?: No
School District: Wayzata
School District Phone: 763-745-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 4528
Property ID Number: 0811722410041
Tax Year: 2023
Tax Amount: 36939.2
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to Crosby Cove, one of Lake Minnetonka's most sought-after neighborhoods conveniently located within walking distance of Wayzata. Built to last with extensive 2023 updates,this exquisite family home exhibits unsurpassed quality featuring custom architectural design from SKD Architects, and is masterfully built with impeccable detail by L.Cramer. Priced well below replacement cost, this pristine property is a new construction alternative and features all the right spaces for daily living and entertainment including an entertainer's main floor with an epicurean kitchen, laundry, executive office, and extensive seating areas. Upper-level sumptuous primary suite with three additional bedrooms,and oversized bonus/flex room. Lower-level walkout with endless entertainment options, functional guest space,gym and storage. The private fenced-in backyard is ideal for a future pool and/or sport court. Enjoy the Lake Minnetonka lifestyle with association dedicated boat slips on Grays Bay.
Directions: From Wayzata take McGinty Road to the east to Crosby Road. South on Crosby Rd to Crosby Cove.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Appliances

Air-To-Air Exchanger: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Association Fee Includes

Lawn Care: Yes
Snow Removal: Yes

Basement

Egress Windows: Yes
Full: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Area: Yes
Informal Dining Room: Yes
Separate/Formal Dining Room: Yes

Electric

Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Shakes: Yes

Family Room Characteristics

Family Room: Yes
Great Room: Yes
Lower Level: Yes
Main Level: Yes

Financing Terms

Cash: Yes

Fireplace Characteristics

Gas Burning: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
In-Floor Heating: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes
Main Level: Yes

Patio, Porch and Deck Features

Deck: Yes
Front Porch: Yes
Patio: Yes
Porch: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Shake: Yes

Sewer

City Sewer - In Street: Yes

Special Search

4 BR on One Level: Yes
Main Floor Laundry: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Living Room	21X18	Main
Dining Room	17X12	Main
Family Room	33X22	Lower
Kitchen	18X16	Main
First (1st) Bedroom	16X15	Upper
Second (2nd) Bedroom	13X12	Upper
Third (3rd) Bedroom	15X10	Upper
Fourth (4th) Bedroom	17X12	Upper
Fifth (5th) Bedroom	15X12	Lower
Amusement Room		Lower
Bar/Wet Bar Room		Lower
Bonus Room	24X18	Upper
Exercise Room	16X12	Lower
Flex Room	19X15	Lower
Laundry	10X9	Main
Mud Room	16X14	Main
Office	16X12	Main

Listing Office: Compass

Last Updated: August - 07 - 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.