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For sale
  • $50,000,000

    2770 Gale Rd, Wayzata, MN 55391

    8beds
    28,990sqft
    : 
    $327,890/mo
    Get pre-qualified
    SingleFamily
    Built in 2024
    8 Acres Lot
    $-- Zestimate®
    $1,725/sqft
    $-- HOA

    What's special

    Introducing Lake Point Estate in Wayzata, MN. A newly completed lakefront residence that redefines legacy living on Minnesota’s most iconic shoreline. Set upon private, gated grounds with commanding west-facing frontage, this extraordinary property was envisioned as a fully realized compound of architectural distinction and enduring beauty. It represents one of the rarest opportunities in the Midwest and on Lake Minnetonka. The main residence, in close relationship with two guest houses, a pool house, lake porch, and boathouse, form a cohesive lakeside retreat designed for grand entertaining and potential for multi-generational living. Every structure reflects the collective vision of an acclaimed team: John Kraemer & Sons, TEA2 Architects, PKA Architecture, MartinPatrick 3, and Topo Landscape Architecture. The result is an uncompromising expression of craftsmanship and design integrity. Imported stone, custom metalwork, and precision millwork converge with thoughtful modern comfort. Offered fully furnished and curated to the last detail, the estate balances artistry and livability. From its stocked chef’s kitchen to expansive lakeside terraces overlooking 650 feet of shoreline along the lower-lake basin, every element reflects a singular commitment to excellence. More than a residence, Lake Point stands as a landmark offering for discerning collectors of architecture and lifestyle. Without question, this is a once-in-a-generation opportunity to own one of the most significant estates on Lake Minnetonka.
    277 days
    14,906
    596

    Zillow last checked:

    Listed by:

    Lindsay Bacigalupo,

    Engel & Völkers Minneapolis

    Source: Engel & Volkers,MLS#: 6812564MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 18
      • Full bathrooms: 4
      • 3/4 bathrooms: 7
      • 1/2 bathrooms: 7
      Heating
      • Radiant
      Cooling
      • Geothermal
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
      Features
      • Wet Bar, Vaulted Ceiling(s), Walk-In Closet(s), Elevator, Disabled Access, Elevator, Sauna
      • Flooring: Hardwood
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 28,990
      • Total interior livable area: 28,990 sqft

      Property

      Parking
      • Parking features: Garage Door Opener, Heated Garage, Attached, Driveway, Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: Disabled Access: Yes
      Features
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 8 Acres
      Details
      • Parcel number: 1211723440006

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Slate
      Condition
      • Year built: 2024

      Community & HOA

      Community
      • Subdivision: Registered Land Surv 1072 A
      Location
      • Region: Wayzata

      Financial & listing details

      • Price per square foot: $1,725/sqft
      • Tax assessed value: $2,590,000
      • Annual tax amount: $31,855
      • Date on market: 1/28/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/28/2026Listed for sale$50,000,000-9.1%$1,725/sqft
        Source: Engel & Volkers #6812564 Report a problem
        11/1/2025Listing removed$55,000,000$1,897/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6722109 Report a problem
        5/27/2025Listed for sale$55,000,000+572.2%$1,897/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6722109 Report a problem
        8/20/2015Sold$8,182,663+118.2%$282/sqft
        Source: Agent Provided Report a problem
        7/18/2013Listing removed$3,750,000$129/sqft
        Source: Lakes Sotheby's International Realty #4046661 Report a problem
        5/19/2011Listed for sale$3,750,000$129/sqft
        Source: Lakes Sotheby's International Realty #4046661 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2020$31,855 $2,590,000 +7.9%
        2019$31,855 $2,400,000 -4.3%
        2018$31,855 -5.2%$2,507,000 +2.3%
        2017$33,618 +1.2%$2,450,000 -0.3%
        2016$33,216 -2.2%$2,458,000 +11.1%
        2015$33,975 +10.4%$2,212,000 +4.3%
        2014$30,771 +4.1%$2,121,000
        2013$29,554 +1.1%$2,121,000 -3.9%
        2012$29,223 -1.3%$2,207,000 -5.9%
        2011$29,607 +7.7%$2,345,000 -1.6%
        2010$27,497 +10.4%$2,384,000 +5.2%
        2009$24,916 +49.1%$2,265,900 +52.7%
        2006$16,716 +12.1%$1,484,100 +17.9%
        2005$14,908 +11.1%$1,258,500 +17.7%
        2004$13,414 +8.9%$1,069,000 +16.2%
        2002$12,322 -43.6%$919,600
        2001$21,847 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55391

        Getting around

        4 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 276 - Minnetonka

        Source: Engel & Volkers. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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