2645 Arcola Ln Wayzata, MN 55391
Estimated payment $17,752/month
Total Views
87,371
5
Beds
7
Baths
6,207
Sq Ft
$434
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
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!
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-747-5863 Listed on: 05/29/2025
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
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
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
Scott's Other Listings
Source: NorthstarMLS
MLS Number: 6728237
APN: 16-117-23-41-0029
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