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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 o ... (Read more)

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

Room Name	Dimensions	Level
Living Room	21 x 28	Main
Dining Room	9 x 19	Main
Dining Room	13 x 16	Main
Sitting Room	14 x 20	Main
Hearth Room	12 x 22	Main
Office	14 x 14	Main
Kitchen	13 x 14	Main
Second (2nd) Bedroom	18 x 13	Main
First (1st) Bedroom	20 x 14	Main
Fourth (4th) Bedroom	13 x 20	Upper
Third (3rd) Bedroom	25 x 15	Upper
Family Room	16 x 31	Lower
Fifth (5th) Bedroom	20 x 17	Upper
Exercise Room	12 x 16	Lower

Listing Office: Coldwell Banker Realty

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.