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!
Closed
$2,500,000
2645 Arcola Ln, Wayzata, MN 55391
5beds
6,207sqft
Single Family Residence
Built in 1986
0.56 Acres Lot
$2,507,000 Zestimate®
$403/sqft
$7,969 Estimated rent
Home value
$2,507,000
$2.31M - $2.73M
$7,969/mo
Zestimate® history
Owner options
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$7,969/mo
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$7,969/mo
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$16,326/mo
Est. payment
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$16,326/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Scott Stabeck 612-747-5863,
Coldwell Banker Realty,
Candice W Stabeck 612-987-4801
Bought with:
Becky Quinby
Reside
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6728237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
Bedroom
- Level: Upper
- Area: 285 Square Feet
- Dimensions: 19X15
Bedroom 2
- Level: Upper
- Area: 240 Square Feet
- Dimensions: 16X15
Bedroom 3
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14X13
Bedroom 4
- Level: Lower
- Area: 285 Square Feet
- Dimensions: 19X15
Bedroom 5
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12X12
Other
- Level: Lower
- Area: 720 Square Feet
- Dimensions: 36X20
Dining room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17X13
Family room
- Level: Main
- Area: 440 Square Feet
- Dimensions: 22X20
Informal dining room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Kitchen
- Level: Main
- Area: 340 Square Feet
- Dimensions: 20X17
Living room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24X15
Office
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Rented
- Laundry: Main Level
Features
- Basement: Block,Daylight,Finished,Walk-Out Access
- Number of fireplaces: 4
- Fireplace features: Amusement Room, Family Room, Gas, Living Room, Wood Burning
Interior area
- Total structure area: 6,207
- Total interior livable area: 6,207 sqft
- Finished area above ground: 4,296
- Finished area below ground: 1,911
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway - Other Surface, Heated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Pool features: None
- Has view: Yes
- View description: Lake, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View
- Frontage length: Water Frontage: 122
Lot
- Size: 0.56 Acres
- Dimensions: 122L x 207 x 117 x 215
- Features: Tree Coverage - Light
Details
- Foundation area: 2357
- Parcel number: 1611723410029
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Brick, Concrete, Frame
- Roof: Shake,Age 8 Years or Less,Pitched
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Minnetonka Beach On Lake Mtka
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $2,500,000-7.2%$403/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6728237 Report a problem | ||
| 9/9/2025 | Pending sale | $2,695,000$434/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6728237 Report a problem | ||
| 8/29/2025 | Listing removed | $2,695,000$434/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6728237 Report a problem | ||
| 6/17/2025 | Price change | $2,695,000-10%$434/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6728237 Report a problem | ||
| 5/29/2025 | Listed for sale | $2,995,000$483/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6728237 Report a problem | ||
| 5/28/2025 | Listing removed | $2,995,000$483/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700056 Report a problem | ||
| 4/24/2025 | Price change | $2,995,000-9.1%$483/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700056 Report a problem | ||
| 4/10/2025 | Listed for sale | $3,295,000-8.4%$531/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700056 Report a problem | ||
| 4/9/2025 | Listing removed | $3,599,000$580/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6679352 Report a problem | ||
| 3/10/2025 | Listed for sale | $3,599,000+91.9%$580/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6679352 Report a problem | ||
| 12/15/2003 | Sold | $1,875,000+10.6%$302/sqft |
Source: Public Record Report a problem | ||
| 8/1/2001 | Sold | $1,695,000$273/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,603 +6.4% | $3,476,600 +15.1% |
| 2024 | $34,415 +15.4% | $3,020,900 +2.3% |
| 2023 | $29,811 +4.2% | $2,954,400 +16.5% |
| 2022 | $28,599 -1.8% | $2,535,000 +17% |
| 2021 | $29,134 -3.4% | $2,166,000 -2.2% |
| 2020 | $30,172 +3.6% | $2,214,000 +2.2% |
| 2019 | $29,134 -3.4% | $2,166,000 +5.8% |
| 2018 | $30,172 +5.5% | $2,047,000 +6% |
| 2017 | $28,594 +0.9% | $1,931,000 +4.3% |
| 2016 | $28,351 +4% | $1,852,000 +1.1% |
| 2015 | $27,267 +1.5% | $1,832,000 +23.4% |
| 2014 | $26,876 +11.6% | $1,485,000 -10.4% |
| 2013 | $24,086 -5% | $1,658,000 -10.7% |
| 2012 | $25,346 +5.9% | $1,856,000 |
| 2011 | $23,934 -0.6% | $1,856,000 -7.8% |
| 2010 | $24,076 +1.7% | $2,013,000 -0.7% |
| 2009 | $23,672 +7.9% | $2,028,000 +9.6% |
| 2006 | $21,929 +4.1% | $1,851,000 +12% |
| 2005 | $21,065 +7.1% | $1,652,700 +15% |
| 2004 | $19,676 +12% | $1,437,200 +12% |
| 2002 | $17,568 -36.5% | $1,283,300 |
| 2001 | $27,669 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Orono Intermediate Elementary SchoolGrades: 3-5Distance: 3.5 mi
- 9/10Orono Middle SchoolGrades: 6-8Distance: 3.8 mi
- 10/10Orono Senior High SchoolGrades: 9-12Distance: 3.8 mi
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Estimated market value
$2,507,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,507,000
- Minnesota
- Hennepin County
- Minnetonka Beach
- 55391
- 2645 Arcola Ln
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