Rare opportunity to own in a premier Lake Minnetonka location at an approachable price. Relax and take in the good vibes with genuine year-round views of Smiths Bay from the main living spaces, bedrooms, and both the front and backyard—a gem of a find. Just steps to the paved Dakota Rail Regional Trail, with lake access all around and a marina across the street including Your Boat Club. Only minutes to Navarre, Long Lake, and downtown Wayzata, and located within the highly regarded Orono Schools. The home offers great charm and livability today, with strong upside for updates and improvements. Ideal for buyers looking to build equity in an unbeatable setting.
Closed
$425,000
1990 Spates Ave, Wayzata, MN 55391
3beds
2,154sqft
Single Family
Built in 1950
6,534 Square Feet Lot
$-- Zestimate®
$197/sqft
$3,078 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,078/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ben Johnson 612-812-1146,
Compass
Bought with:
Jack David Pipkorn
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7062030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Kitchen
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14 x 10
Living room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18 x 13
Loft
- Level: Upper
- Area: 169 Square Feet
- Dimensions: 13 x 13
Porch
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,154
- Total interior livable area: 2,154 sqft
- Finished area above ground: 1,237
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- View description: East, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Lake Bottom(Sand)
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 129 x 50 x 128
- Features: Tree Coverage - Light
Details
- Foundation area: 917
- Parcel number: 1011723420023
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & neighborhood
Location
- Region: Wayzata
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $425,000+7.6%$197/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7062030 Report a problem | ||
| 5/28/2026 | Pending sale | $395,000$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7062030 Report a problem | ||
| 5/16/2026 | Listing removed | $395,000$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7062030 Report a problem | ||
| 5/13/2026 | Listed for sale | $395,000+311.5%$183/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7062030 Report a problem | ||
| 4/11/1996 | Sold | $96,000$45/sqft |
Source: Public Record Report a problem | ||
| 1/15/1996 | Sold | $96,000+6.8%$45/sqft |
Source: Agent Provided Report a problem | ||
| 8/5/1992 | Sold | $89,900$42/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,347 +2.9% | $276,300 +7.4% |
| 2024 | $2,280 +12.6% | $257,300 +2.1% |
| 2023 | $2,025 +0.2% | $252,100 +13% |
| 2022 | $2,022 +3.5% | $223,000 +9.9% |
| 2021 | $1,954 +1.6% | $203,000 +3% |
| 2020 | $1,924 -1.5% | $197,000 +5.3% |
| 2019 | $1,954 +1.6% | $187,000 +0.5% |
| 2018 | $1,924 -3.6% | $186,000 +3.9% |
| 2017 | $1,995 +4.1% | $179,000 +5.9% |
| 2016 | $1,916 +7.6% | $169,000 +3.7% |
| 2015 | $1,781 +4.9% | $163,000 +7.2% |
| 2014 | $1,699 +11.4% | $152,000 |
| 2013 | $1,525 -8.1% | $152,000 -11.1% |
| 2012 | $1,660 +6.6% | $171,000 -1.2% |
| 2011 | $1,558 +0.2% | $173,000 -7% |
| 2010 | $1,555 -10.6% | $186,000 -10.1% |
| 2009 | $1,740 +9.4% | $207,000 +3% |
| 2006 | $1,590 +14% | $201,000 +14.7% |
| 2005 | $1,395 +7.7% | $175,300 +15% |
| 2004 | $1,295 +5% | $152,500 +12% |
| 2002 | $1,233 -42.8% | $136,200 |
| 2001 | $2,157 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Orono Intermediate Elementary SchoolGrades: 3-5Distance: 2.8 mi
- 9/10Orono Middle SchoolGrades: 6-8Distance: 3 mi
- 10/10Orono Senior High SchoolGrades: 9-12Distance: 3 mi
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- Minnesota
- Hennepin County
- Orono
- 55391
- 1990 Spates Ave
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