$2,995,000
OPEN SUN 12PM - 2:30PM

2645 Arcola Ln Wayzata, MN 55391

Estimated payment $19,600/month

Total Views 19,711
5 Beds
7 Baths
6,885 Sq Ft
$435 Price per Sq Ft

Highlights

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

About This Home

Back on the Market with a Fresh New Look and Improved Pricing! Discover an elevated lakeside lifestyle on coveted Lafayette Bay, now beautifully refreshed and ready for you to experience all over again. Offering 122 feet of premier, south-facing shoreline with captivating panoramic views stretching all the way to Excelsior, this timeless custom-built home by Steiner & Koppelman seamlessly blends classic craftsmanship with thoughtful modern updates.Step inside to find freshly neutralized interiors and recent improvements that enhance the home’s sophisticated charm while providing a blank canvas for your personal touch. The light-filled main level features an open-concept kitchen and family room perfectly positioned to soak in the endless lake views, complemented by both formal and casual living spaces, a private office, and convenient main-floor laundry.Upstairs, you’ll find three spacious en-suite bedrooms, including a stunning primary suite with a serene sitting area, dual walk-in closets, a cozy fireplace, and a spa-inspired vaulted bath. The walkout lower level is an entertainer’s dream, offering two additional bedrooms, a large amusement room, fitness space, sauna, and easy access to the lakeside lawn.Outside, a generous deck invites sunset dinners, summer gatherings, or quiet mornings with coffee and the sound of the waves. Recent updates include a newer roof, upgraded mechanicals, some new windows, and refreshed decor.Set in the highly sought-after Minnetonka Beach community, enjoy close proximity to the Lafayette Club, Dakota Trail, award-winning Orono Schools, and the vibrant lakeside scenes of Wayzata and downtown Minneapolis.It’s a perfect time to come back and see what’s new—this premier Lake Minnetonka property feels better than ever and is available for a quick closing!

Listing Agent

Scott Stabeck

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

Coldwell Banker Realty

Co-Listing Agent

Candice Stabeck

Coldwell Banker Realty Brokerage Phone: 612-747-5863

Open House Schedule

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

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning 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
  • Natural lighting in basement

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System

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: 4735
  • 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: OpenHouse
  • 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: 6885
  • Below Grade Finished Sq Ft: 2150
  • 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
  • Lake Acres: 14205
  • LakeChain: N
  • Waterfront Frontage: 122

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Heated Garage
  • Garage Square Feet: 875

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • 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

Map

Range of Values:

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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
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

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $2,995,000 -- $435 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,875,000 --
Warranty Deed $1,695,000 --
Source: Public Records

About the Listing Agent

Scott Stabeck

Coldwell Banker Realty

(651) 382-1137

Section Image

Candi and Scott Stabeck of The Stabeck Group specialize in residential real estate sales on Lake Minnetonka and its surrounding communities. Warmly welcoming clients at all price points, the team’s reputation speaks to their high level of service, confidentiality and integrity: “Our commitment is to you!” Over 1,100 homes SOLD and over 150 SOLD on Lake Minnetonka.

When representing buyers and sellers, The Stabeck Group implements a highly effective marketing strategy based on up-to-date

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Source: NorthstarMLS

MLS Number: 6728237

NorthstarMLS

APN: 16-117-23-41-0029