Welcome to an exceptional lakeside residence at 964 Shady Lane E, offering 5 bedrooms, 7 bathrooms, and approximately 7,525 finished square feet of thoughtfully designed living space on 104 feet of south facing shoreline on Wayzata Bay. Tucked at the end of a quiet cul-de-sac, this property delivers a rare sense of privacy while being just one block from downtown Wayzata shops and restaurants. Set on .73 acres of premier lakeshore, the home sits approximately 15 feet above the water, creating an ideal balance of expansive lake views and easy access to the dock. Two nearly 14-foot-wide, 40’ dock slips with canopy were added in 2024, along with lakeshore power and the option to purchase additional boat lifts. Originally designed in 1935, the home underwent a comprehensive to-the-studs remodel and east-wing addition completed in 2001 followed by additional improvements in 2005. These renovations preserved the home’s grandfathered footprint and close lake setback, a combination no longer achievable under current regulations. The remodel included all new plumbing, electrical, insulation, sewer line, hydronic in-floor heat, updated HVAC systems, foundation work, and exterior improvements creating the performance of a modern home with the charm of a classic. The floor plan is flexible and well suited for a variety of living arrangements, including a lower-level second kitchen ideal for guests or extended stays, an upper-level recreation room with lake views, and multiple indoor-outdoor living spaces. Highlights include two screen porches, an open deck, and a stone patio, with the main-level screen porch functioning as a seasonal dining space complete with a built-in gas grill. Enjoy daily views of sailing activity with close proximity to the Wayzata Yacht Club and exceptional water quality consistently ranking among the cleanest bays on Lake Minnetonka. This is a rare opportunity to own a legacy lakeshore property where irreplaceable setting, architectural integrity, and modern systems come together—offering a Wayzata lifestyle that is increasingly difficult to replicate.
Closed
$6,530,000
964 E Shady Ln, Wayzata, MN 55391
5beds
8,220sqft
Single Family
Built in 1935
0.73 Acres Lot
$6,521,200 Zestimate®
$794/sqft
$5,023 Estimated rent
Home value
$6,521,200
$6.06M - $6.98M
$5,023/mo
Zestimate® history
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$5,023/mo
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$42,320/mo
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Est. payment
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List your homeWhat's special
Two screen porchesExpansive lake viewsMultiple indoor-outdoor living spacesOpen deckStone patio
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Cynthia J Redmond 612-850-7015
Bought with:
Melissa Johnson
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7023600
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 4
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
Bedroom
- Level: Upper
- Area: 224 Square Feet
- Dimensions: 16x14
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Upper
- Area: 221 Square Feet
- Dimensions: 13x17
Bedroom 5
- Level: Lower
- Area: 266 Square Feet
- Dimensions: 14x19
Primary bathroom
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 11x16
Other
- Level: Upper
- Area: 304 Square Feet
- Dimensions: 19x16
Bonus room
- Level: Upper
- Area: 441 Square Feet
- Dimensions: 21x21
Dining room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Exercise room
- Level: Lower
- Area: 576 Square Feet
- Dimensions: 24x24
Family room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15x16
Informal dining room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Kitchen
- Level: Main
- Area: 304 Square Feet
- Dimensions: 16x19
Kitchen 2nd
- Level: Lower
- Area: 121 Square Feet
- Dimensions: 11x11
Laundry
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Laundry
- Level: Lower
- Area: 72 Square Feet
- Dimensions: 8x9
Living room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Office
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Office
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 11x9
Sauna
- Level: Lower
- Area: 54 Square Feet
- Dimensions: 6x9
Heating
- Boiler, Forced Air, Fireplace(s), Humidifier, In-Floor Heating
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Central Vacuum, Chandelier, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
- Laundry: Gas Dryer Hookup, Lower Level, Laundry Room, Main Level
Features
- Central Vacuum
- Basement: Block,Crawl Space,Daylight,Drain Tiled,Egress Window(s),Finished,Full,Concrete,Sump Basket,Sump Pump
- Number of fireplaces: 4
- Fireplace features: Family Room, Gas, Living Room, Wood Burning
Interior area
- Total structure area: 8,220
- Total interior livable area: 8,220 sqft
- Finished area above ground: 5,689
- Finished area below ground: 1,836
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Electric, Electric Vehicle Charging Station(s), Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Details: Garage Dimensions (26x33), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: Soaking Tub
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Rear Porch, Screened
- Pool features: None
- Waterfront features: Lake Front, Waterfront Elevation(10-15), Lake Bottom(Sand, Weeds)
Lot
- Size: 0.73 Acres
Details
- Foundation area: 2238
- Parcel number: 0611722440022
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Rgt Mtka Arlington Hgts-Blks 63 & 64
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $6,530,000+383.7%$794/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7023600 Report a problem | ||
| 5/27/1999 | Sold | $1,350,000$164/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $61,484 +11.9% | $4,993,400 +2% |
| 2024 | $54,933 +8.2% | $4,893,400 +7.2% |
| 2023 | $50,761 +6.6% | $4,565,100 -4.9% |
| 2022 | $47,598 +0.6% | $4,799,000 +40.4% |
| 2021 | $47,328 +6.4% | $3,418,000 |
| 2020 | $44,482 -6% | $3,418,000 +10.2% |
| 2019 | $47,328 +6.4% | $3,103,000 +6.3% |
| 2018 | $44,482 +9.9% | $2,918,000 +15.1% |
| 2017 | $40,474 +8.8% | $2,536,000 +3.9% |
| 2016 | $37,199 +0.7% | $2,441,000 +5% |
| 2015 | $36,944 +2.3% | $2,325,000 |
| 2014 | $36,127 -3.9% | $2,325,000 -2.9% |
| 2013 | $37,594 -5.7% | $2,395,000 -8.8% |
| 2012 | $39,872 +5.4% | $2,626,000 |
| 2011 | $37,821 +5.4% | $2,626,000 -2.4% |
| 2010 | $35,868 -10.2% | $2,690,000 -14.5% |
| 2009 | $39,943 +21.4% | $3,146,000 +26.1% |
| 2006 | $32,911 +2.4% | $2,494,000 +3.2% |
| 2005 | $32,127 +8.6% | $2,415,900 +15% |
| 2004 | $29,571 +7.5% | $2,100,800 +139.9% |
| 2002 | $27,520 -14.3% | $875,800 |
| 2001 | $32,125 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 9/10Gleason Lake Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Wayzata West Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.5 mi
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Estimated market value
$6,521,200
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Estimated market value
$6,521,200
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 964 E Shady Ln
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