Seller's Agent in 2025
Aaron Lowe
Compass
(952) 200-4481
4 in this area
141 Total Sales
1615 Locust Hills Trail Wayzata, MN 55391
5
Beds
4.5
Baths
6,961
Sq Ft
0.37
Acres
Highlights
- Dock Facilities
- Beach
- Living Room with Fireplace
- Gleason Lake Elementary School Rated A
- Clubhouse
- Bonus Room
About This Home
As of July 2025Discover unparalleled luxury Streeter-built masterpiece, where timeless coastal architectural detailing meets sleek, modern design. Thoughtfully crafted to embody comfortable elegance, every space in this extraordinary residence invites sophistication and ease, perfectly suited for both grand entertaining and intimate relaxation. Nestled on a secluded site with breathtaking views of protected wetlands, offering tranquility and natural beauty. A short walk to Wayzata’s charming shops, acclaimed restaurants, and Lake Minnetonka’s scenic shores, blending small-town allure with cosmopolitan convenience. Includes a rare 40-foot deeded dock adjacent to Grays Bay on Lake Minnetonka, ideal for boating, fishing, or soaking in lakeside sunsets. This is more than a home—it’s a lifestyle defined by elegance, exclusivity, and effortless convenience.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,419
Year Built
- Built in 2014
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 100x166x100x159
- Irregular Lot
HOA Fees
- $1,362 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Central Vacuum
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Den
- Bonus Room
- Game Room
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Dock Facilities
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0811722210011
Community Details
Overview
- Association fees include beach access, dock, hazard insurance, professional mgmt, trash, shared amenities
- Rowcal Association, Phone Number (651) 233-1307
- Locust Hills Subdivision
Amenities
- Clubhouse
Recreation
- Beach
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2025
Closed on
Jul 14, 2025
Sold by
Wheeler Blake and Wheeler Samantha
Bought by
Seltzer Jonathan and Seltzer Samantha
Seller's Agent
Aaron Lowe
Compass
Buyer's Agent
John Adams
Compass
List Price
$3,995,000
Sold Price
$3,700,000
Premium/Discount to List
-$295,000
-7.38%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.34%
Original Mortgage
$2,960,000
Outstanding Balance
$2,960,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$940,183
Purchase Details
Closed on
Jul 11, 2022
Sold by
Grudnowski and Ashton
Bought by
Wheeler Blake and Wheeler Samantha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,194,500
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2019
Sold by
Homan Matthew J and Homan Janna S
Bought by
Grudnowski Ashton and Grudnowski John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 26, 2015
Sold by
Homan Matthew J and Homan Janna S
Bought by
Janna S Homan Revocable Trust
Purchase Details
Closed on
Nov 25, 2013
Sold by
Locust Hills Development Llc
Bought by
Homan Matthew J and Homan Janna S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,700,000 | Chb Title | |
| Warranty Deed | $3,135,000 | Watermark Title | |
| Deed | $2,600,000 | Burnet Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $790,000 | Title Recording Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,960,000 | New Conventional | |
| Previous Owner | $2,194,500 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Sold | $3,700,000 | -7.4% | $532 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $3,995,000 | -- | $574 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $38,149 | $3,195,700 | $1,468,800 | $1,726,900 |
| 2022 | $32,226 | $2,656,000 | $1,150,000 | $1,506,000 |
| 2021 | $35,972 | $2,342,000 | $1,058,000 | $1,284,000 |
| 2020 | $32,327 | $2,618,000 | $1,310,000 | $1,308,000 |
| 2019 | $28,866 | $2,278,000 | $1,070,000 | $1,208,000 |
| 2018 | $32,693 | $2,036,000 | $950,000 | $1,086,000 |
| 2017 | $28,634 | $1,972,000 | $770,000 | $1,202,000 |
| 2016 | $17,636 | $1,210,000 | $770,000 | $440,000 |
| 2015 | $9,597 | $595,000 | $595,000 | $0 |
| 2014 | -- | $550,000 | $550,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Lowe
-
John Adams
Buyer's Agent in 2025
John Adams
Compass
(612) 269-9438
6 in this area
123 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6706642
APN: 08-117-22-21-0011
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