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  • $3,640,000

    1487 Shoreline Dr, Wayzata, MN 55391

    4beds
    5,117sqft
    Single Family Residence
    Built in 1997
    0.65 Acres Lot
    $4,236,600 Zestimate®
    $711/sqft
    $7,829 Estimated rent

    Home value

    $4,236,600

    $3.86M - $4.70M

    $7,829/mo

    Zestimate® history
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    What's special

    New windowsAir conditionerShake roofKitchen countersRefinished wood floors
    The most spectacular, sweeping views of Lake Minnetonka pour through new windows that run the length of this 5100 sq ft home perfectly situated less than ten steps from the newly constructed rip rap shoreline. The updates, replacements and additions to this stunning home in the last 4.5 years are too many to list. They include a shake roof, windows, Wolf appliances, kitchen counters, furnace, air conditioner, garage floor epoxy, refinished wood floors, carpet, landscape, and countless other improvements that have resulted in one of the most beautiful places anywhere that you could call your home. This 4 bedroom (Primary on main floor) 5 bath with a complete separate living quarters only adds to what is one of the most beautiful homes in the western suburbs. Be part of the surround feel and vision of the open waters of Lake Minnetonka that very few get to experience from their home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bonnie J Velie 612-964-7865,

    Coldwell Banker Realty,

    Decker Velie 612-747-5097

    Bought with:

    Julie R Regan

    Lakes Sotheby's International Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6374503MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17X16
    Bedroom 2
    • Level: Lower
    • Area: 221 Square Feet
    • Dimensions: 13X17
    Bedroom 3
    • Level: Lower
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Other
    • Level: Lower
    • Area: 468 Square Feet
    • Dimensions: 18X26
    Other
    • Level: Lower
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Deck
    • Level: Main
    • Area: 378 Square Feet
    • Dimensions: 27X14
    Dining room
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18X13
    Family room
    • Level: Main
    • Area: 304 Square Feet
    • Dimensions: 19X16
    Guest room
    • Level: Upper
    • Area: 352 Square Feet
    • Dimensions: 16X22
    Kitchen
    • Level: Main
    • Area: 391 Square Feet
    • Dimensions: 23X17
    Living room
    • Level: Main
    • Area: 416 Square Feet
    • Dimensions: 26X16
    Office
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 14X16
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Basement: Finished
    • Number of fireplaces: 5
    • Fireplace features: Amusement Room, Gas, Living Room, Primary Bedroom, Other
    Interior area
    • Total structure area: 5,117
    • Total interior livable area: 5,117 sqft
    • Finished area above ground: 3,365
    • Finished area below ground: 1,752

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Dimensions (7 X 25), Garage Door Height (7), Garage Door Width (25)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio, Screened
    • Has view: Yes
    • View description: Panoramic
    • Waterfront features: Lake Front
    • Frontage length: Water Frontage: 132
    Lot
    • Size: 0.65 Acres
    • Dimensions: .65
    • Features: Accessible Shoreline, Irregular Lot
    Details
    • Foundation area: 1760
    • Parcel number: 1111723230010
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Electric: Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: Well

    Community & HOA

    Community
    • Subdivision: N J Stubbs 1st Sub 2
    HOA
    • Has HOA: No
    Location
    • Region: Wayzata

    Financial & listing details

    • Price per square foot: $711/sqft
    • Tax assessed value: $4,212,500
    • Annual tax amount: $30,592
    • Date on market: 9/14/2023
    • Cumulative days on market: 76 days

    Price history

    DateEventPrice
    9/14/2023Sold$3,640,000-4.1%$711/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6374503 Report a problem
    7/24/2023Price change$3,795,000-5%$742/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6374503 Report a problem
    5/27/2023Listed for sale$3,995,000+113.1%$781/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6374503 Report a problem
    11/1/2018Sold$1,875,000-23.5%$366/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4912748 Report a problem
    10/23/2018Pending sale$2,450,000$479/sqft
    Source: Coldwell Banker Burnet - Wayzata #4912748 Report a problem
    7/14/2018Price change$2,450,000-5.6%$479/sqft
    Source: Coldwell Banker Burnet - Wayzata #4912748 Report a problem
    3/2/2018Listed for sale$2,595,000-5.6%$507/sqft
    Source: Coldwell Banker Burnet #4912748 Report a problem
    11/20/2017Listing removed$2,750,000$537/sqft
    Source: Coldwell Banker Burnet - Wayzata #4744691 Report a problem
    9/16/2017Price change$2,750,000-8.2%$537/sqft
    Source: Coldwell Banker Burnet - Wayzata #4744691 Report a problem
    2/17/2017Listed for sale$2,995,000-6.3%$585/sqft
    Source: Coldwell Banker Burnet - Wayzata #4744691 Report a problem
    12/1/2016Listing removed$3,195,000$624/sqft
    Source: Coldwell Banker Burnet - Wayzata #4744691 Report a problem
    7/28/2016Listed for sale$3,195,000+155.6%$624/sqft
    Source: Coldwell Banker Burnet - Wayzata #4744691 Report a problem
    12/4/1997Sold$1,250,000+194.1%$244/sqft
    Source: Public Record Report a problem
    7/20/1994Sold$425,000$83/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,321 +28.2%$4,212,500 +18.2%
    2024$32,231 +5.4%$3,564,300 +22.8%
    2023$30,592 +4.5%$2,903,000 +7%
    2022$29,263 +3.8%$2,712,000 +16.1%
    2021$28,200 -4.6%$2,336,000 +3.3%
    2020$29,546 +4.8%$2,261,000 -0.2%
    2019$28,200 -4.6%$2,266,000 +8.8%
    2018$29,546 +14%$2,083,000 +20.6%
    2017$25,918 +11%$1,727,000 +10.5%
    2016$23,349 +11%$1,563,000 +2.2%
    2015$21,030 +2.4%$1,530,000 +1.1%
    2014$20,542 -0.9%$1,513,000 -2.7%
    2013$20,721 -9.6%$1,555,000 -5.2%
    2012$22,917 -0.7%$1,641,000 -5.8%
    2011$23,079 +0.7%$1,742,000 -6.3%
    2010$22,925 +0.5%$1,859,000 -0.7%
    2009$22,809 +13.5%$1,873,000 +12%
    2006$20,088 +3.7%$1,672,000 +8.9%
    2005$19,381 -3.5%$1,536,000 +5.1%
    2004$20,092 -1.6%$1,462,000 +6.9%
    2002$20,425 -27.1%$1,368,000
    2001$28,023 --
    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

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    Estimated market value
    $4,236,600
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    Estimated market value
    $4,236,600