D
Seller's Agent in 2025
Daniel Hollerman
Compass
3147 Lafayette Ridge Rd Wayzata, MN 55391
0.34
Acre
$2,191,176
Price per Acre
14,810
Sq Ft Lot
Highlights
- Deeded Waterfront Access Rights
- Lake View
- Shared Waterfront
- Schumann Elementary School Rated A-
About This Lot
As of July 2025An exceptional opportunity to build a new home in historic Minnetonka Beach. Situated in the award-winning Orono School District, this property boasts big water views of Lafayette Bay and includes a 32' association dock slip on Lake Minnetonka, providing endless recreational opportunities. The Lafayette Ridge Homeowners Association offers a private covered dock, beach access, a waterfront gazebo, and athletic courts, all conveniently located near the Dakota Walking Trail, Lafayette Country Club, and nearby local dining and shopping options. With a rare combination of lake access, a desirable Minnetonka Beach location, and award-winning Orono Schools, this is the ideal setting for your next real estate investment.
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,447
HOA Fees
- $305 Monthly HOA Fees
Additional Features
- Finished Lot(s)
- Lake Views
Community Details
Overview
- Association fees include dock, shared amenities
- Lafayette Ridge Home Owners Association, Phone Number (612) 961-2820
- Lafayette Ridge Community
- Lafayette Ridge Subdivision
Recreation
- Deeded Waterfront Access Rights
- Shared Waterfront
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2004
Sold by
Jones Charles R
Bought by
Johnson Byron E and Johnson Mary Lou
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $535,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,000 | Credit Line Revolving | |
| Closed | $50,000 | Future Advance Clause Open End Mortgage | |
| Closed | $202,500 | Adjustable Rate Mortgage/ARM | |
| Closed | $170,000 | Credit Line Revolving | |
| Closed | $100,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $745,000 | -12.4% | $274 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $850,000 | -10.5% | $313 / Sq Ft |
| 04/03/2025 04/03/25 | For Sale | $950,000 | -- | $350 / 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 | $12,688 | $1,143,300 | $710,900 | $432,400 |
| 2022 | $8,334 | $1,021,000 | $646,000 | $375,000 |
| 2021 | $8,625 | $692,000 | $385,000 | $307,000 |
| 2020 | $8,066 | $715,000 | $412,000 | $303,000 |
| 2019 | $7,758 | $641,000 | $374,000 | $267,000 |
| 2018 | $8,331 | $609,000 | $345,000 | $264,000 |
| 2017 | $8,417 | $633,000 | $384,000 | $249,000 |
| 2016 | $8,302 | $624,000 | $384,000 | $240,000 |
| 2015 | $8,054 | $610,000 | $366,000 | $244,000 |
| 2014 | -- | $456,000 | $221,000 | $235,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2025
Jaclyn Gavzy
Compass
Map
Source: NorthstarMLS
MLS Number: 6697141
APN: 16-117-23-33-0009
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