
154 Babcock Ln Wayzata, MN 55391
Estimated payment $15,747/month
Highlights
- Wine Cellar
- Heated In Ground Pool
- No HOA
- Gleason Lake Elementary School Rated A
- Great Room
- Game Room
About This Home
Experience the best of Wayzata living in this 2009 custom-built two-story home, thoughtfully designed with hosting in mind. Situated on a nearly half-acre lot—100 feet wide, almost twice the size of many downtown Wayzata lots—this property offers space for everyone to spread out and relax.
Outdoor living shines with a large pool, multiple decks and patios, and a private fenced yard—ideal for summer gatherings. Inside, the open kitchen, dining, and living areas create a warm, welcoming hub, anchored by a wood-burning fireplace. The pocket office off the kitchen easily converts to a butler’s pantry or prep space to keep entertaining seamless. The main floor features a guest suite, office, wine room, and game area with pool views—perfect for visitors or extended stays. Upstairs, a bonus flex room above the garage provides space for media, music, or hobbies. The lower level includes an amusement room with a full bar, half bath, and three storage areas to keep everything organized. Enjoy the quiet location near Lake Street, with the convenience of walking to restaurants, Wayzata Beach, and the city docks (boat slips available by city lottery). Luce Line and Dakota Rail trails are nearby for biking and walking. Served by Wayzata Schools with excellent private school options close by. Only 14 minutes to downtown Minneapolis and 25 minutes to MSP Airport. A rare opportunity to own a home where everyone can gather and make memories—right in the heart of Wayzata.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,008
Year Built
- Built in 2009
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 208x100
- Property is Fully Fenced
- Wood Fence
- Chain Link Fence
Parking
- 3 Car Attached Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wet Bar
- Wood Burning Fireplace
- Brick Fireplace
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Home Office
- Game Room
- Hobby Room
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
- Natural lighting in basement
Pool
- Heated In Ground Pool
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Cable TV Available
Community Details
- No Home Owners Association
- Wayzata Highlands Subdivision
Listing and Financial Details
- Assessor Parcel Number 0111723110013
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $14,008 | $1,180,000 | $300,000 | $880,000 |
2023 | $12,986 | $1,142,700 | $294,000 | $848,700 |
2022 | $11,241 | $1,019,000 | $245,000 | $774,000 |
2021 | $10,934 | $873,000 | $245,000 | $628,000 |
2020 | $11,895 | $854,000 | $245,000 | $609,000 |
2019 | $11,940 | $891,000 | $235,000 | $656,000 |
2018 | $12,136 | $891,000 | $235,000 | $656,000 |
2017 | $12,205 | $890,000 | $235,000 | $655,000 |
2016 | $12,100 | $857,000 | $212,000 | $645,000 |
2015 | $11,756 | $814,000 | $200,000 | $614,000 |
2014 | -- | $745,000 | $170,000 | $575,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/14/2025 07/14/25 | Price Changed | $2,750,000 | -5.1% | $490 / Sq Ft |
05/29/2025 05/29/25 | For Sale | $2,899,000 | -- | $516 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $259,900 | -- |
About the Listing Agent

Pete believes your home is so much more than a place to hang your hat. It's the heart and hub of your lifestyle- providing access to friends, activities, schools, and the communities you love. This is Minnesota! - And yes, Ice is REALY his last name. His family has been in the Lake Minnetonka area since 1871, when his "Great-Great" Grandfather Charles left Bardstown, KY for a better life in the North!
Whether you’re moving up into a two-story family home near the lake, downsizing to a
Pete's Other Listings
Source: NorthstarMLS
MLS Number: 6720790

APN: 01-117-23-11-0013
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