$2,500,000
SOLD OCT 1, 2025

2645 Arcola Ln Wayzata, MN 55391

5 Beds
7 Baths
6,207 Sq Ft
0.56 Acres

Recently Sold

$403 Per Sq Ft

17% Below List Price

103 Days on Market

Highlights

  • 122 Feet of Waterfront
  • Lake View
  • Family Room with Fireplace
  • Schumann Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2025

An incredible opportunity to own 122 feet of prime, south-facing shoreline on sought-after Lafayette Bay ready to accommodate the dock system you desire. Custom-built by Steiner & Koppelman, this timeless residence blends enduring craftsmanship with thoughtful updates and panoramic lake views stretching all the way to Excelsior.

The light-filled main level features an open-concept kitchen and family room designed to maximize sweeping lake views, alongside formal and casual living areas, a private office, and convenient main-floor laundry.

Upstairs, three generous en-suite bedrooms include a serene primary suite with dual walk-in closets, a sitting area with fireplace, and a spa-like vaulted bath. The walkout lower level is built for entertaining with two additional bedrooms, a spacious amusement room, fitness area, sauna, and easy lakeside access.

Enjoy outdoor living on the expansive deck — perfect for sunset dinners and gatherings. Recent improvements include a newer roof, updated mechanicals, select new windows, and refreshed decor awaiting you finishing touches.

Located in highly desirable Minnetonka Beach, just steps from the Lafayette Club, Dakota Trail, Orono Schools, and minutes to Wayzata and Downtown Minneapolis.

This is a rare chance to secure a legacy Lake Minnetonka address at a value — quick closing available. Come take a look!

Last Agent to Sell the Property

Scott Stabeck

Coldwell Banker Realty Brokerage Phone: 612-747-5863 Listed on: 05/29/2025

Coldwell Banker Realty

Co-Listed By

Candice Stabeck

Coldwell Banker Realty Brokerage Phone: 612-747-5863

Last Buyer's Agent

Rebecca Quinby

Reside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,415

Year Built

  • Built in 1986

Lot Details

  • 0.56 Acre Lot
  • 122 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Driveway

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Lake Views

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • Natural lighting in basement

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Water Filtration System
  • Gas Water Heater
  • Water Softener Leased

Community Details

  • No Home Owners Association
  • Minnetonka Beach On Lake Mtka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1611723410029

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,415

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 4296
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-747-5863
  • Attribution Contact: 612-747-5863
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Wood Burning
  • Living Area: 6207
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1911
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Dining Room, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Office, Amusement Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Shake, Age 8 Years or Less, Pitched
  • PoolFeatures: None
  • View: Lake, South
  • ConstructionMaterialsDesc: Block,Brick,Concrete,Frame
  • PatioPorchType: Deck
  • LakeChain: N
  • Waterfront Frontage: 122

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 122Lx207x117x215
  • Lot Size Sq Ft: 24393.6
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1611723410029
  • Tax Annual Amount: 34415
  • TaxWithAssessments: 34415.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Matterport 3D Tour

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Sep 25, 2025
Sold by
Davis Elizabeth A
Bought by
Boisclair Lori
Seller's Agent
Scott Stabeck
Coldwell Banker Realty
Buyer's Agent
Rebecca Quinby
Reside
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%
Views
2484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.15%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Porter James T and Porter Deborah L
Bought by
Davis Elizabeth A

Purchase Details

Closed on
Jul 2, 2001
Sold by
Monroe Richard D and Monroe Cheryl W
Bought by
Porter James T and Porter Deborah L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $2,500,000 Watermark Title
Warranty Deed $1,875,000 --
Warranty Deed $1,695,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Sold $2,500,000 0.0% $403 / Sq Ft
09/09/2025 09/09/25 Pending -- -- --
08/29/2025 08/29/25 Off Market $2,500,000 -- --
06/17/2025 06/17/25 Price Changed $2,695,000 -10.0% $434 / Sq Ft
05/29/2025 05/29/25 For Sale $2,995,000 -- $483 / 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
2024 $36,603 $3,020,900 $1,479,700 $1,541,200
2023 $34,415 $2,954,400 $1,479,700 $1,474,700
2022 $28,599 $2,535,000 $1,287,000 $1,248,000
2021 $29,134 $2,166,000 $1,128,000 $1,038,000
2020 $30,172 $2,214,000 $1,175,000 $1,039,000
2019 $29,033 $2,166,000 $1,125,000 $1,041,000
2018 $28,594 $2,047,000 $1,081,000 $966,000
2017 $28,351 $1,931,000 $1,040,000 $891,000
2016 $27,267 $1,852,000 $1,040,000 $812,000
2015 $26,876 $1,832,000 $1,020,000 $812,000
2014 -- $1,485,000 $667,000 $818,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6728237

NorthstarMLS

APN: 16-117-23-41-0029