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  • $5,699,000

    2412 Lafayette Rd, Wayzata, MN 55391

    5beds
    5,001sqft
    : 
    $37,374/mo
    Get pre-qualified
    Single Family
    Built in 2012
    0.73 Acres Lot
    $5,357,300 Zestimate®
    $1,140/sqft
    $-- HOA

    What's special

    East-facing lakeside settingDesigner finishesExpansive center islandVisual comfort lightingExceptional level of craftsmanshipFurniture-style vanityExquisite stonework
    A premier Lake Minnetonka estate in the coveted village of Minnetonka Beach, this exceptional residence offers 61 feet of pristine shoreline on sought-after Smith Bay and a rare opportunity to enjoy one of the lake’s most distinguished communities. Set on 0.73 acres with an east-facing lakeside setting, the property enjoys abundant natural light, beautiful water views, and a sandy-bottom shoreline on Lake Minnetonka’s Lower Lake. Originally custom built in 2012 and extensively renovated by Mikan in 2026 with more than $800,000 invested in recent improvements, the home has been completely reimagined with an exceptional level of craftsmanship and has never been lived in since its transformation. Offering approximately 5,001 finished square feet across three levels, the home combines sophisticated design with comfortable, functional lake living. Wide-plank white oak flooring flows throughout the main living spaces, complemented by Visual Comfort lighting, designer finishes, custom cabinetry, and thoughtfully selected materials. The open-concept main level is designed to take full advantage of the lake setting, with expansive windows framing Smith Bay and creating a seamless connection between the interior and outdoor living spaces. At the heart of the home is a beautifully appointed chef’s kitchen featuring a full Wolf appliance suite, Sub-Zero refrigeration, an expansive center island, V-groove ceiling detail, custom cabinetry, and exquisite stonework. The kitchen opens directly to the dining and great room, creating an ideal setting for everyday living and entertaining. The light-filled great room is anchored by a dramatic floor-to-ceiling Taj Mahal quartz fireplace and surrounded by glass that showcases the lake beyond. The adjacent dining area comfortably accommodates a large gathering while maintaining incredible views of the water. A spacious private study provides a refined work-from-home retreat, while a custom mudroom just off the heated three-car garage features floor-to-ceiling cabinetry for exceptional organization. Main-level laundry is conveniently located nearby, with a second laundry room upstairs providing added everyday convenience. The upper level is highlighted by a private primary suite with sweeping views of Smith Bay and sliding glass doors opening to a lakeside balcony. The spa-inspired primary bath features marble finishes, a furniture-style vanity, rain shower, premium Kallista plumbing fixtures, and a custom dressing room. An additional upper-level bedroom also enjoys beautiful lake views and direct balcony access. The oversized custom bunk room provides an inviting space for family and guests and comfortably sleeps six. Each bedroom features a walk-in closet, and the home offers exceptional storage throughout. Nearly 1,025 square feet of newly finished lower-level living space creates a true recreation and wellness destination. Designed for year-round enjoyment, this level features a spacious media lounge with a big-screen theater wall, dedicated golf simulator bay, beautifully finished fitness studio, sauna, dedicated space for a cold plunge, and a full bath with walk-in shower. The thoughtful layout provides an ideal environment for entertaining, exercise, relaxation, and wellness without ever leaving home. Outdoor living is equally impressive. The east-facing lakeside setting features an expansive stone patio, outdoor kitchen, beautifully landscaped grounds, and a Soake dipping pool that doubles as a hot tub for year-round enjoyment. A heated screened porch overlooking the water features ceiling-mounted infrared heaters, extending the outdoor season well into the cooler months. Mature trees and professional landscaping provide a picturesque backdrop while preserving the open lake views. Just steps from the home, 61 feet of prime Smith Bay shoreline and a private dock provide direct access to everything Lake Minnetonka has to offer. The sandy-bottom shoreline, Class A water on lower lake!
    4 days
    864
    41

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark P. Abdel 651-283-8251,

    RE/MAX Advantage Plus,

    Cote Lund 612-877-2505

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7162491MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 256 Square Feet
      • Dimensions: 16x16
      Bedroom 2
      • Level: Upper
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Bedroom 3
      • Level: Upper
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Bedroom 4
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Bedroom 5
      • Level: Upper
      • Area: 221 Square Feet
      • Dimensions: 17x13
      Bathroom
      • Level: Lower
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Dining room
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Family room
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 16x15
      Kitchen
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 16x14
      Media room
      • Level: Lower
      Office
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Recreation room
      • Level: Lower
      • Area: 851 Square Feet
      • Dimensions: 37x23
      Sauna
      • Level: Lower
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Screened porch
      • Level: Main
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Heating
      • Forced Air, In-Floor Heating
      Cooling
      • Central Air
      Appliances
      • Included: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
      Features
      • Basement: Drain Tiled,Egress Window(s),Finished,Full,Other,Storage Space,Sump Pump,Tile Shower
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Stone
      Interior area
      • Total structure area: 6,084
      • Total interior livable area: 5,001 sqft
      • Finished area above ground: 3,976
      • Finished area below ground: 1,025
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Floor Drain, Heated Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Rear Porch
      • Has private pool: Yes
      • Pool features: In Ground, Heated, Outdoor Pool
      • Has view: Yes
      • View description: Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Lake View
      • Frontage length: Water Frontage: 61
      Lot
      • Size: 0.73 Acres
      Details
      • Foundation area: 2112
      • Parcel number: 1511723310066
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Wayzata

      Financial & listing details

      • Price per square foot: $1,140/sqft
      • Tax assessed value: $4,173,600
      • Annual tax amount: $46,419
      • Date on market: 10/27/2026
      • Cumulative days on market: 38 days

        Estimated market value

        $5,357,300

        $5.09M - $5.63M

        Not available

        Price history

        DateEventPrice
        10/27/2026Listed for sale$5,699,000-3.4%$1,140/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7162491 Report a problem
        10/20/2026Listing removed$5,900,000$1,180/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7143730 Report a problem
        9/16/2026Listed for sale$5,900,000+29.7%$1,180/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7143730 Report a problem
        4/14/2026Sold$4,550,000+1.1%$910/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7015578 Report a problem
        2/13/2026Pending sale$4,500,000$900/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7015578 Report a problem
        2/9/2026Listed for sale$4,500,000+14.4%$900/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7015578 Report a problem
        4/30/2024Sold$3,935,000-3.9%$787/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6466403 Report a problem
        3/26/2024Pending sale$4,095,000$819/sqft
        Source: FMARMLS #6466403 Report a problem
        12/6/2023Listed for sale$4,095,000-2.4%$819/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6466403 Report a problem
        12/6/2023Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6452997 Report a problem
        10/29/2023Listed for sale$4,195,000+424.4%$839/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6452997 Report a problem
        11/8/2011Sold$800,000$160/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$46,419 +20%$4,173,600 +12%
        2025$38,681 +21.5%$3,727,100 +16.9%
        2024$31,833 +16.8%$3,187,500 +16.4%
        2023$27,256 +9.2%$2,739,200 +17.8%
        2022$24,956 -0.7%$2,325,000 +22.3%
        2021$25,139 +0.9%$1,901,000 -1.1%
        2020$24,910 -0.9%$1,922,000 +6.6%
        2019$25,139 +0.9%$1,803,000 +3.2%
        2018$24,910 +1.5%$1,747,000 +18.8%
        2017$24,532 +15.3%$1,470,000 +7.5%
        2016$21,271 +7.5%$1,368,000 +3.2%
        2015$19,793 +3.7%$1,326,000 +21.2%
        2014$19,082 +79.8%$1,094,000 +40.1%
        2013$10,611 -7%$781,000 -11.8%
        2012$11,406 +5.4%$885,000 -0.4%
        2011$10,818 +1.9%$889,000 -5.2%
        2010$10,612 +1.2%$938,000 -1.1%
        2009$10,487 +66.1%$948,100 +58.8%
        2006$6,315 +10.8%$597,000 +16.1%
        2005$5,697 +6.7%$514,000 +15%
        2004$5,340 +12.6%$447,000 +13.1%
        2002$4,743 -39.7%$395,100
        2001$7,863 --
        Find assessor info on the county website

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        Climate risks

        Neighborhood: 55391

        Getting around

        1 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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