Seller's Agent in 2025
Lori Schneck
Coldwell Banker Burnet
(612) 868-4230
85 Total Sales
16612 Grays Bay Blvd Wayzata, MN 55391
5
Beds
5.5
Baths
5,829
Sq Ft
0.51
Acres
Highlights
- 120 Feet of Waterfront
- Fireplace in Primary Bedroom
- No HOA
- Groveland Elementary School Rated A
- Main Floor Primary Bedroom
- Game Room
About This Home
As of March 2025Kenwood on Lake Minnetonka! One of a kind storybook home, originally built in 1929 as a summer home and carefully expanded in the 1980s and then meticulously restored and enhanced by the current owners over the last 10 years. This gem offers a once in a lifetime opportunity on the level west facing shoreline of no wake Grays Bay. Walkable to Wayzata with truly remarkable architecture and character details throughout, this 5 bedroom/ 6 bathroom home is a show stopper. Grand gathering spaces combined with cozy spaces all capturing the amazing lakefront views and sunsets. 2 primary suites - one on the main level and one on the upper level with a lakeside balcony along with 3 additional bedrooms - all ensuite. Lakeside sunroom with phantom screen deck to enjoy summer evenings and views along with a lakeside office in lower level that walks out to gorgeous outdoor patios and lawn to the lake. Another truly unique feature is the lakeside pub - hailing from a historic hotel in Scotland. Surely a place to make some Lake Minnetonka memories! 2 car attached plus a 1 car detached carriage house garage offering upper level storage. The lower level also features a family room, sauna, craft/flex room as well as one of the 5 ensuite bedrooms. 8 fireplaces - gas, woodburning and decorative- adorn rooms throughout the house, many imported from England. Stone floors imported from Germany and several light fixtures from England. A perfect combination of craftsmanship and history alongside amenities desired for today's lifestyle. This is so much more than a house on the lake - for the discerning buyer who appreciates homes that have a story to tell....if walls could talk!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-868-4230 Listed on: 12/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,133
Year Built
- Built in 1931
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 116 x 249
- 120 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Wood Burning Fireplace
- Decorative Fireplace
- Family Room with Fireplace
- 8 Fireplaces
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Game Room
- Screened Porch
Kitchen
- Double Oven
- Range
- Microwave
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
Finished Basement
- Walk-Out Basement
- Partial Basement
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Water Filtration System
- Well
Community Details
- No Home Owners Association
- Intpa Nini Lake Mtka Subdivision
Listing and Financial Details
- Assessor Parcel Number 0811722430025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2024
Closed on
Mar 31, 2025
Sold by
Grunow Randall C and Grunow Amy H
Bought by
Cassens Jonathon and Cassens Jamie
Seller's Agent
Lori Schneck
Coldwell Banker Realty
Buyer's Agent
Nick Welu
Coldwell Banker Realty
List Price
$5,195,000
Sold Price
$5,000,000
Premium/Discount to List
-$195,000
-3.75%
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,660
Avg. Annual Appreciation
-6.60%
Original Mortgage
$3,500,000
Outstanding Balance
$3,496,927
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,345,188
Purchase Details
Closed on
Jul 29, 2014
Sold by
Grunow Randall and Grunow Amy
Bought by
Grunow Randall C and Grunow Amy H
Purchase Details
Closed on
Jun 26, 2013
Sold by
Turner Catherine M and Turner Ronald L
Bought by
Grunow Randy and Grunow Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 14, 2013
Sold by
Turner Ronald L and Turner Catherine Nm
Bought by
Grunow Randy and Grunow Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,500
Interest Rate
3.5%
Mortgage Type
Seller Take Back
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 | $5,000,000 | Burnet Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $1,518,970 | Multiple | |
| Contract Of Sale | $1,565,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,500,000 | New Conventional | |
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $1,408,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $5,000,000 | -3.8% | $858 / Sq Ft |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 01/04/2025 01/04/25 | For Sale | $5,195,000 | -- | $891 / 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 | $44,133 | $3,057,000 | $2,299,900 | $757,100 |
| 2022 | $33,063 | $2,557,200 | $1,839,400 | $717,800 |
| 2021 | $36,950 | $2,100,300 | $1,532,900 | $567,400 |
| 2020 | $32,414 | $2,049,400 | $1,488,300 | $561,100 |
| 2019 | $32,053 | $1,985,400 | $1,417,500 | $567,900 |
| 2018 | $30,385 | $1,957,700 | $1,417,500 | $540,200 |
| 2017 | $30,218 | $1,812,600 | $1,335,100 | $477,500 |
| 2016 | $28,351 | $1,697,200 | $1,202,800 | $494,400 |
| 2015 | $26,318 | $1,567,000 | $1,101,600 | $465,400 |
| 2014 | -- | $1,565,000 | $1,101,600 | $463,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Schneck
-
Elisabeth Lucas
Seller Co-Listing Agent in 2025
Elisabeth Lucas
Coldwell Banker Burnet
(612) 327-5905
107 Total Sales
-
Nick Welu
Buyer's Agent in 2025
Nick Welu
Coldwell Banker Burnet
(612) 616-5179
96 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6640642
APN: 08-117-22-43-0025
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