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2732 Caroline Avenue, Wayzata, MN 55391

$3,800,000

Property Type: Residential Bedrooms: 4 Baths: 6 Lot Size (sq. ft.): 54,450 Status: Closed

Current Price: $3,800,000 List Date: 8/24/2023 Last Modified: 8/07/2025

Overview

Description

Breathtaking Lake Minnetonka estate with guest house overlooking 120’ of rip-rap shoreline! Enjoy the light and bright spaces with floor-to-ceiling windows showcasing tranquil setting views. The open flowing floorplan offers a gourmet kitchen with doors leading to the spacious deck, creating the perfect blend of indoor/outdoor living. Three bedrooms on the upper-level including the primary suite with water views, fireplace and spacious spa-like bath. The walk-out lower level features a family room, billiards area, wet bar, guest bedroom, exercise room and access to the backyard. Beautiful two bedroom + two bathroom guest house with additional two-car garage and laundry—the perfect retreat for when entertaining! Unmatched 1.2 acre private setting with sandy beach, waterside storage for lake toys, and bonfire pit! Improvements list included in supplements. Truly a must see!

Listing Details MLS# 6423051

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 3
Road Btwn WF & Home?: No
Waterfront Frontage: 120
Waterfront Present: Yes
Year Built: 1991
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: 2
Total Finished Sqft: 5662.00
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2376
Garage Stalls: 5
Lot Dimensions: Irregular
Acres: 1.25
Assessment Pending: Unknown
# Carport Spaces: 0
Bath Quarter: 0
Main Floor Total SqFt: 0
Above Grd Total SqFt: 0
Below Grd Total SqFt: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Natural Woodwork; Patio; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Microwave; Range; Refrigerator; Water Osmosis System Basement: Drain Tiled; Full Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Wood Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Lower Level; Main Level Financing Terms: Conventional Fireplace Characteristics: Amusement Room; Family Room; Primary Bedroom Fuel: Natural Gas Heating: Forced Air Lake Details: Sand Lot Description: Tree Coverage - Heavy Parking Characteristics: Garage Door Opener Roof: Asphalt Shingles Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Lake

Contract Information

Digitally Altered Photos: No
Off Market Date: 2023-09-30
Contingency: None
Closed Date: 2023-11-15
Original List Price: 3995000
Sales Close Price: 3800000
ListPrice: 3995000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 2732
Street Name: Caroline
Street Suffix: Avenue
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391

Assessments

Tax With Assessments: 28616
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 4116
Finished SqFt Below Ground: 1546

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: REG. LAND SURVEY NO. 1451 TRACT B
Listing City: Wayzata
Map Page: 117
Municipality: Orono
Rental License?: No
School District: Westonka
School District Phone: 952-491-8001
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Lake Chain: N
Country: US
Property ID Number: 2011723240041
Tax Year: 2023
Tax Amount: 28616
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Breathtaking Lake Minnetonka estate with guest house overlooking 120’ of rip-rap shoreline! Enjoy the light and bright spaces with floor-to-ceiling windows showcasing tranquil setting views. The open flowing floorplan offers a gourmet kitchen with doors leading to the spacious deck, creating the perfect blend of indoor/outdoor living. Three bedrooms on the upper-level including the primary suite with water views, fireplace and spacious spa-like bath. The walk-out lower level features a family room, billiards area, wet bar, guest bedroom, exercise room and access to the backyard. Beautiful two bedroom + two bathroom guest house with additional two-car garage and laundry—the perfect retreat for when entertaining! Unmatched 1.2 acre private setting with sandy beach, waterside storage for lake toys, and bonfire pit! Improvements list included in supplements. Truly a must see!
Directions: Cty Rd 15, west of Cty Rd 19, turn left on Casco Point, turn left on Casco Ave, turn left on Caroline

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Patio: Yes
Security System: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes

Appliances

Air-To-Air Exchanger: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Water Osmosis System: Yes

Basement

Drain Tiled: Yes
Full: Yes

Bath Description

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

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes

Exterior

Wood: Yes

Family Room Characteristics

2 or More: Yes
2 Story/High/Vaulted Ceilings: Yes
Lower Level: Yes
Main Level: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Amusement Room: Yes
Family Room: Yes
Primary Bedroom: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Lake Front: Yes

Lot Description

Tree Coverage - Heavy: Yes

Parking Characteristics

Garage Door Opener: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Primary Bdr Suite: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Lake: Yes

Room Information

Room Name	Dimensions	Level
Informal Dining Room	16 x 10	Main
Kitchen	17 x 16	Main
Living Room	21 x 17	Main
Laundry	10 x 10	Main
Office	15 x 14	Main
Family Room	22 x 18	Main
Fourth (4th) Bedroom	23 x 17	Lower
Third (3rd) Bedroom	15 x 13	Upper
Second (2nd) Bedroom	16 x 14	Upper
First (1st) Bedroom	25 x 20	Upper
Exercise Room	23 x 10	Lower
Amusement Room	23 x 19	Lower

Listing Office: Coldwell Banker Realty

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.