Owner is an Agent?: No

Auction?: No

Status: Closed

Off Market Date: 2025-08-29

Contingency: None

Current Price: $2,500,000

Closed Date: 2025-10-01

Original List Price: 2995000

Sales Close Price: 2500000

ListPrice: 2695000

List Date: 2025-05-29

Association: MAAR

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 4

Road Btwn WF & Home?: Yes

Waterfront Frontage: 122

Year Built: 1986

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Lot Dimensions: 122Lx207x117x215

Acres: 0.56

Bath Three Quarters: 2

Bath Half: 2

Lake/Waterfront Name: Minnetonka

Bath Quarter: 0

Main Floor Total SqFt: 0

Above Grd Total SqFt: 0

Below Grd Total SqFt: 0

Total Finished Sqft: 6207.00

FireplaceYN: Yes

Foundation Size: 2357

Style: (SF) Single Family

Garage Stalls: 3

Association Fee: 0

Bedrooms: 5

Baths Total: 7

Bath Full: 3

AssocFeeYN: No

Legal Description: MINNETONKA BEACH ON LAKE MTKA LOTS 10 AND 11 INCL ADJ PART OF LAFAYETTE AVE VAC EX ROAD

Listing City: Minnetonka Beach

Map Page: 117

Municipality: Minnetonka Beach

School District: Orono

School District Phone: 952-449-8305

DNR Lake ID#: 27013300

DNR Lake Classification: General Development

Zip Plus 4: 9703

Property ID Number: 1611723410029

Tax Year: 2025

Tax Amount: 34415

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: An incredible opportunity to own 122 feet of prime, south-facing shoreline on sought-after Lafayette Bay ready to accommodate the dock system you desire. Custom-built by Steiner & Koppelman, this timeless residence blends enduring craftsmanship with thoughtful updates and panoramic lake views stretching all the way to Excelsior. The light-filled main level features an open-concept kitchen and family room designed to maximize sweeping lake views, alongside formal and casual living areas, a private office, and convenient main-floor laundry. Upstairs, three generous en-suite bedrooms include a serene primary suite with dual walk-in closets, a sitting area with fireplace, and a spa-like vaulted bath. The walkout lower level is built for entertaining with two additional bedrooms, a spacious amusement room, fitness area, sauna, and easy lakeside access. Enjoy outdoor living on the expansive deck — perfect for sunset dinners and gatherings. Recent improvements include a newer roof, updated mechanicals, select new windows, and refreshed décor awaiting you finishing touches. Located in highly desirable Minnetonka Beach, just steps from the Lafayette Club, Dakota Trail, Orono Schools, and minutes to Wayzata and Downtown Minneapolis. This is a rare chance to secure a legacy Lake Minnetonka address at a value — quick closing available. Come take a look!

Directions: Cty Rd 15 West to Arcola Lane to Home.

None: 1

Central Air: 1

Air-To-Air Exchanger: 1

Chandelier: 1

Cooktop: 1

Dishwasher: 1

Disposal: 1

Double Oven: 1

Dryer: 1

Electronic Air Filter: 1

Freezer: 1

Microwave: 1

Refrigerator: 1

Washer: 1

Water Filtration System: 1

Assessment Balance: 0

Tax With Assessments: 34415

Not Assumable: 1

Concrete Block: 1

Main Floor 1/2 Bath: 1

Upper Level Full Bath: 1

Full Primary: 1

Private Primary: 1

3/4 Basement: 1

Two Basement Baths: 1

Bathroom Ensuite: 1

Separate Tub & Shower: 1

Walk-In Shower Stall: 1

Finished SqFt Above Ground: 4296

Finished SqFt Below Ground: 1911

Block: 1

Brick: 1

Concrete: 1

Frame: 1

Previously Owned: 1

Breakfast Bar: 1

Eat In Kitchen: 1

Informal Dining Room: 1

Separate/Formal Dining Room: 1

Brick/Stone: 1

Entertainment/Media Center: 1

Family Room: 1

Great Room: 1

Main Level: 1

Other: 1

Amusement Room: 1

Family Room: 1

Gas Burning: 1

Living Room: 1

Wood Burning: 1

Concrete Block: 1

Natural Gas: 1

Forced Air: 1

Insurance Fee: 0

Lake Acres: 14205

Lake Depth: 113

Main Level: 1

Land Leased: Not Applicable

Tree Coverage - Light: 1

Homestead: Yes

Fractional Ownership: No

Garage Square Feet: 857

Heated Garage: 1

Deck: 1

None: 1

Range#: 23

Section#: 16

Township#: 117

City Street: 1

Private Road: 1

Private Maintained Road: 1

Public Maintained Road: 1

Age 8 Years or Less: 1

Pitched: 1

Shake: 1

Cash: 1

Conventional: 1

City Sewer/Connected: 1

3 BR on One Level: 1

Main Floor Laundry: 1

Primary Bdr Suite: 1

Two: 1

City Water/Connected: 1

Lake: 1

South: 1

House Number: 2645

Street Name: Arcola

Street Suffix: Lane

Postal City: Wayzata

County: Hennepin

State: MN

Zip Code: 55391

Complex/Dev/Subdivision: Minnetonka Beach On Lake Mtka