An exceptional opportunity in historic Minnetonka Beach including dedicated dockage on Lake Minnetonka's Lafayette Bay. This property offers endless recreational opportunities through The Lafayette Ridge Home Owners Association which features 32' covered boat slips, beach access, a waterfront gazebo, and a tennis court. Home highlights include: A functional main floor with all the right spaces for daily living and entertainment, three large upper-level bedrooms with a primary suite, and an adjacent flex room potentially used as a fourth bedroom, extra closet space, or office. Walk out lower level with wet bar, amusement area, second flex room, and guest bedroom. Located on a quiet cul de sac in an ideal lakeside location, near the Dakota Walking Trail, the Lafayette Country Club, and local restaurants and retail, featuring the award-winning Orono School District.
Closed
$1,188,000
3131 Lafayette Ridge Rd, Wayzata, MN 55391
5beds
3,677sqft
Single Family Residence
Built in 1984
0.4 Acres Lot
$1,362,300 Zestimate®
$323/sqft
$6,059 Estimated rent
Home value
$1,362,300
$1.27M - $1.47M
$6,059/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: October 02, 2024 at 12:02am
Listed by:
Dan Hollerman 952-292-1200,
Compass
Bought with:
Myra R Jensen
BRIX Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6413661
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 15X17
Bedroom 2
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 11X16
Bedroom 3
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 11X15
Bedroom 4
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 5
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 12X11
Other
- Level: Lower
- Area: 112 Square Feet
- Dimensions: 14X8
Dining room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Family room
- Level: Lower
- Area: 364 Square Feet
- Dimensions: 14X26
Flex room
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 15X16
Foyer
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11X9
Great room
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15X19
Kitchen
- Level: Main
- Area: 231 Square Feet
- Dimensions: 11X21
Laundry
- Level: Upper
- Area: 56 Square Feet
- Dimensions: 8X7
Living room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Mud room
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Exhaust Fan, Water Filtration System, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned, Wine Cooler
Features
- Basement: Daylight,Egress Window(s),Finished,Full,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,677
- Total interior livable area: 3,677 sqft
- Finished area above ground: 2,584
- Finished area below ground: 1,093
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
- Details: Garage Dimensions (23X23)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Pool features: None
- Fencing: Chain Link
- Waterfront features: Association Access, Deeded Access, Dock, Road Between Waterfront And Home, Waterfront Num(27013300), Lake Acres(14729), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 0.40 Acres
- Dimensions: W170 x 192 x 74 x 179
Details
- Foundation area: 1229
- Parcel number: 1611723330013
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Wood Siding, Block, Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- Age of Property: 40
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Lafayette Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $3,253 annually
- Amenities included: Beach Access, Boat Dock, Other, Tennis Court(s)
- Services included: Beach Access, Dock, Shared Amenities
- Association name: Lafayette Ridge Homeowners Association
- Association phone: 612-961-2820
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $1,188,000-8.3%$323/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6413661 Report a problem | ||
| 8/30/2023 | Pending sale | $1,295,000$352/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6413661 Report a problem | ||
| 8/19/2023 | Price change | $1,295,000-2.3%$352/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6413661 Report a problem | ||
| 8/7/2023 | Listed for sale | $1,325,000+75.5%$360/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6413661 Report a problem | ||
| 7/15/2015 | Sold | $755,000-2.6%$205/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4566503 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,303 -2.8% | $1,180,100 +2.4% |
| 2024 | $13,688 +7.6% | $1,152,500 -6% |
| 2023 | $12,717 +33.4% | $1,226,600 +8.5% |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Orono Intermediate Elementary SchoolGrades: 3-5Distance: 3.7 mi
- 8/10Orono Middle SchoolGrades: 6-8Distance: 4.1 mi
- 10/10Orono Senior High SchoolGrades: 9-12Distance: 4 mi
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Estimated market value
$1,362,300
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Estimated market value
$1,362,300
- Minnesota
- Hennepin County
- Minnetonka Beach
- 55391
- 3131 Lafayette Ridge Rd
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