$3,999,500
NEW CONSTRUCTION

1038 Lake St E Wayzata, MN 55391

Estimated payment $23,627/month

Total Views 3,081
5 Beds
5.5 Baths
5,402 Sq Ft
$740 Price per Sq Ft

Highlights

  • New Construction
  • Lake View
  • No HOA
  • Gleason Lake Elementary School Rated A
  • Recreation Room
  • Home Gym

About This Home

Downtown Wayzata luxury with lake views, walkability, and flawless design.
Crafted by the acclaimed Black Dog Homes and designed by Alexander Design Group in collaboration with Vivid Home, this stunning new construction captures the essence of elevated living—where form meets function and every detail is intentional.
Enjoy views of Wayzata Bay in an unbeatable location just steps from the lake, shops, and restaurants.
The open-concept main level flows effortlessly between the gourmet kitchen, scullery, dining area, and a sophisticated living room centered around a custom fireplace. A sun-filled four-season room opens to an elegantly landscaped patio—perfect for entertaining or relaxing in privacy.
Upstairs, four bedrooms each feature en suite baths and walk-in closets. The primary suite is a true retreat, offering serene lake views, a spa-inspired bath, and a custom-designed walk-in closet. A dedicated laundry room on this level adds daily convenience.
The lower level delivers exceptional lifestyle amenities, including a large family room, private exercise studio, and a cutting-edge golf simulator—heated by in-floor radiant warmth.
An elevator services all three levels, providing seamless access throughout the home.
Discover the difference in design, quality, and execution that defines every Black Dog Homes experience.

Listing Agent

Donald Edam

Engel & Volkers Lake Minnetonka Listed on: 06/20/2025

Engel & Volkers Lake Minnetonka

Co-Listing Agent

Jeff Engel

Engel & Volkers Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,461

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x146x100x147
  • Partially Fenced Property

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • Home Gym
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by BLACK DOG HOMES CO

Listing and Financial Details

  • Assessor Parcel Number 0611722440030

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,461

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 3804
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 3
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 5402
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1598
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sun Room, Exercise Room, Recreation Room, Primary Bathroom, Mud Room, Pantry (Walk-In)

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Architectural Shingle
  • Fencing: Partial, Split Rail
  • PatioPorchType: Covered,Front Porch,Patio
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 920

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Porch,In-Ground Sprinkler,Sun Room,Tile Floors,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 100x146x100x147
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 594831
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0611722440030
  • Tax Annual Amount: 18461
  • TaxWithAssessments: 18461.0000

Multi Family

  • WaterfrontFeatures: Lake View

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,359 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $3,999,500 -- $740 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6742016

NorthstarMLS