$1,495,000

17209 Grays Bay Blvd Wayzata, MN 55391

Estimated payment $8,726/month

Total Views 75,417
4 Beds
2.5 Baths
3,082 Sq Ft
$485 Price per Sq Ft

Highlights

  • Lake View
  • Recreation Room
  • Built-In Double Oven
  • Groveland Elementary School Rated A
  • No HOA
  • Stainless Steel Appliances

About This Home

An extraordinary and rare offering from renowned Architect Howard Theis, a spacious home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the long commute. With sweeping views of the bay, the residence seamlessly blends striking architectural lines with the peaceful rhythm of lake area living. The interior is a designer-curated masterpiece, featuring vibrant living spaces, thoughtful flow, and high-end materials throughout. The first-floor cedar front balcony is uniquely large and can accommodate many activities including outdoor dining and sitting area comfort. The primary suite opens to a private balcony overlooking the water—perfect for greeting the sunrise or sunset. A tucked-under garage provides discreet functionality while preserving the home’s clean, modern aesthetic. Enjoy the tranquility of this intimate community while being just minutes from major freeway access, making daily commutes and city excursions effortlessly convenient. Located within the top-ranked Minnetonka School District, this home offers not only beauty and privacy but access to some of Minnesota’s most prestigious education. New roof and HVAC in 2024 with meticulous home care are an added benefit to the tasteful interior design. Gray’s Bay public lake access and boat launch across the street; Libbs Lake just 0.7 miles away has opportunities for swimming, fishing, and boating, and offers numerous opportunities to enjoy the lake area to the fullest. Opportunity to renew boat slip lease, located one mile away on Libbs Lake, at time of purchase only via separate transaction. (Owner of home has had lease for 15-years.) This is more than a home—it is a rare chance to live artfully near the water, in a setting that’s both serene and superbly connected. Just four minutes drive to freeway access and minutes to downtown Wayzata or Minnetonka shopping and dining, you can have all facets of social lifestyle and culture while living in a cozy alcove.

Listing Agent

Amber Tyrrell

Listed on: 11/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,635

Year Built

  • Built in 2007

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Property is Fully Fenced
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Tuck Under Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Thorpe Bros Groveland Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1711722210061

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,635

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 2554
  • 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: Egress Window(s), Finished, Full, Storage Space, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Water Softener Owned
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 3082
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 528
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Foyer, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Recreation Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Full, Wood
  • View: Lake
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck,Patio
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener, Tuckunder Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Outdoor Kitchen,Patio,Panoramic View,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 50X200
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1711722210061
  • Tax Annual Amount: 10635
  • TaxWithAssessments: 10635.0000

Multi Family

  • WaterfrontFeatures: Lake View

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2024 $10,635 $759,600 $225,500 $534,100
2023 $10,050 $758,100 $225,500 $532,600
2022 $8,506 $744,400 $225,500 $518,900
2021 $8,271 $600,300 $184,000 $416,300
2020 $8,745 $587,400 $184,000 $403,400
2019 $8,332 $594,000 $184,000 $410,000
2018 $7,546 $567,500 $184,000 $383,500
2017 $6,886 $471,700 $155,000 $316,700
2016 $7,034 $479,500 $155,000 $324,500
2015 $6,884 $466,500 $150,000 $316,500
2014 -- $434,100 $125,000 $309,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $1,495,000 -- $485 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $258,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 6816345

NorthstarMLS

APN: 17-117-22-21-0061