$3,700,000
SOLD JUL 14, 2025

1615 Locust Hills Trail Wayzata, MN 55391

5 Beds
4.5 Baths
6,961 Sq Ft
0.37 Acres

Recently Sold

$532 Per Sq Ft

7% Below List Price

36 Days on Market

Highlights

  • Dock Facilities
  • Beach
  • Living Room with Fireplace
  • Gleason Lake Elementary School Rated A
  • Clubhouse
  • Bonus Room

About This Home

As of July 2025

Discover 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.

Last Agent to Sell the Property

Aaron Lowe

Compass Listed on: 04/24/2025

Compass

Last Buyer's Agent

John Adams

Compass

Compass

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,419

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,362 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water - In Street
  • Association Amenities: Beach, Deck, Dock, Patio
  • Fee Frequency: Monthly
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 5115
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Tankless Water Heater, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 6961
  • Below Grade Finished Sq Ft: 1846
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Game Room, Den, Mud Room
  • Shared Rooms: Club House

Beds/Baths

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

Exterior Features

  • Roof: Shake
  • PoolFeatures: Shared
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 3929

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Hazard Insurance, Professional Mgmt, Trash, Shared Amenities
  • Phone: 651-233-1307
  • Association Fee: 1362
  • Association: Yes
  • Amenities Unit: Deck,Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,Skylight,Sun Room,Tile Floors,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Rowcal

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 100x166x100x159
  • Lot Size Sq Ft: 16117.2
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0811722210011
  • Tax Annual Amount: 38419
  • TaxWithAssessments: 38149.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock

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
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.86%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: NorthstarMLS

MLS Number: 6706642

NorthstarMLS

APN: 08-117-22-21-0011