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  • $745,000

    3147 Lafayette Ridge Rd, Wayzata, MN 55391

    4beds
    4,710sqft
    Single Family
    Built in 1980
    0.34 Acres Lot
    $2,873,700 Zestimate®
    $158/sqft
    $6,700 Estimated rent

    Home value

    $2,873,700

    $2.73M - $3.02M

    $6,700/mo

    Zestimate® history
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    What's special

    An exceptional opportunity to remodel or build a new home in historic Minnetonka Beach. Situated in the award-winning Orono School District, this property boasts big water views of Lafayette Bay and includes a 32' association dock slip on Lake Minnetonka, providing endless recreational opportunities. The Lafayette Ridge Homeowners Association offers a private covered dock, beach access, a waterfront gazebo, and athletic courts, all conveniently located near the Dakota Walking Trail, Lafayette Country Club, and nearby local dining and shopping options. Although the value of this property is completely in the land, notable home highlights include vista lake views, practical main floor living with a primary suite, laundry, and both formal and casual dining and entertainment spaces. The upper level offers three additional bedrooms and a den, while the walkout lower level features multiple entertainment spaces, storage, flex space, and a summer kitchen. With a rare combination of lake access, a desirable Minnetonka Beach location, and Orono Schools, this is the ideal setting for your next real estate investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Hollerman 952-292-1200,

    Compass,

    Jaclyn A Gavzy 952-221-5977

    Bought with:

    Dan Hollerman

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6653487MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 2
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 3
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 4
    • Level: Upper
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Other
    • Level: Lower
    • Area: 256 Square Feet
    • Dimensions: 16X16
    Deck
    • Level: Main
    • Area: 686 Square Feet
    • Dimensions: 49X14
    Den
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Dining room
    • Level: Main
    • Area: 289 Square Feet
    • Dimensions: 17X17
    Family room
    • Level: Lower
    • Area: 288 Square Feet
    • Dimensions: 18X16
    Flex room
    • Level: Lower
    • Area: 308 Square Feet
    • Dimensions: 22X14
    Game room
    • Level: Lower
    • Area: 325 Square Feet
    • Dimensions: 25X13
    Informal dining room
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 16X6
    Kitchen
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Laundry
    • Level: Main
    • Area: 56 Square Feet
    • Dimensions: 8X7
    Living room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Storage
    • Level: Lower
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Basement: Daylight,Finished,Full,Storage Space,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 5,123
    • Total interior livable area: 4,710 sqft
    • Finished area above ground: 2,688
    • Finished area below ground: 2,022

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Dimensions (25X24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Wrap Around
    • Pool features: None
    • Has view: Yes
    • View description: Bay, East, Lake, South
    • Has water view: Yes
    • Water view: Bay,Lake
    • Waterfront features: Association Access, Deeded Access, Dock, Lake View, Shared
    Lot
    • Size: 0.34 Acres
    • Dimensions: N56 x 150 x 157 x 150
    Details
    • Foundation area: 2273
    • Parcel number: 1611723330009
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Wood
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Lafayette Ridge
    HOA
    • Has HOA: Yes
    • Services included: Dock, Shared Amenities
    • HOA fee: $3,662 annually
    • HOA name: Lafayette Ridge Home Owners Association
    • HOA phone: 612-961-2820
    Location
    • Region: Wayzata

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $1,017,600
    • Annual tax amount: $10,447
    • Date on market: 3/4/2025
    • Cumulative days on market: 249 days

    Price history

    DateEventPrice
    8/22/2026Listing removed$3,050,000$648/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6776804 Report a problem
    5/5/2026Price change$3,050,000+7%$648/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6776804 Report a problem
    9/8/2025Listed for sale$2,850,000+282.6%$605/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6776804 Report a problem
    7/10/2025Sold$745,000-12.4%$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6653487 Report a problem
    7/8/2025Pending sale$850,000$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6697141 Report a problem
    6/2/2025Price change$850,000-10.5%$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6697141 Report a problem
    4/3/2025Price change$950,000-9.5%$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6697141 Report a problem
    3/4/2025Listed for sale$1,050,000-19.2%$223/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6653487 Report a problem
    1/24/2025Listing removed$1,300,000$276/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6588323 Report a problem
    12/14/2024Price change$1,300,000-18.8%$276/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6588323 Report a problem
    9/23/2024Listed for sale$1,600,000+199.1%$340/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6588323 Report a problem
    12/23/2004Sold$535,000$114/sqft
    Source: Public Record Report a problem
    9/30/2004Sold$535,000$114/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,448 -17.7%$1,017,600 +10.2%
    2024$12,688 +11.4%$923,500 -19.2%
    2023$11,392 +36.7%$1,143,300 +12%
    2022$8,334 -3.4%$1,021,000 +47.5%
    2021$8,625 +6.9%$692,000 -3.2%
    2020$8,066 -6.5%$715,000 +11.5%
    2019$8,625 +6.9%$641,000 +5.3%
    2018$8,066 -3.2%$609,000 -3.8%
    2017$8,331 -1%$633,000 +1.4%
    2016$8,417 +1.4%$624,000 +2.3%
    2015$8,302 +3.1%$610,000 +33.8%
    2014$8,054 +19.8%$456,000 -13.6%
    2013$6,724 +2.1%$528,000 -3.8%
    2012$6,583 -2.3%$549,000 -6.6%
    2011$6,735 +4.1%$588,000 -3.1%
    2010$6,467 -2.3%$607,000 -3.8%
    2009$6,616 +21.3%$631,000 +19.5%
    2006$5,455 -12.9%$528,000 -5%
    2005$6,264 +4.8%$556,000 +11.1%
    2004$5,978 +11.1%$500,300 +12%
    2002$5,381 -41.2%$446,700
    2001$9,152 --
    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,873,700
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    Estimated market value
    $2,873,700