
490 Old Long Lake Rd Wayzata, MN 55391
Estimated payment $13,285/month
Highlights
- Wine Cellar
- Fireplace in Primary Bedroom
- Electric Vehicle Charging Station
- Gleason Lake Elementary School Rated A
- Recreation Room
- 3 Car Attached Garage
About This Home
Discover this beautifully reimagined home at 490 Old Long Lake Road, set on a private, landscaped 0.42-acre lot just minutes from downtown Wayzata. Following a full-scale remodel in 2017/18, the residence blends timeless design with modern function across 6,031 finished square feet.
The main level boasts a soaring great room with 14-foot ceilings and walls of windows, filling the home with natural light. The spacious primary suite features built-ins, a fireplace, spa-like bath, and generous closet space. Also on the main: a chef’s kitchen, formal dining, sunroom, library/office, and convenient laundry center.
Upstairs, two large junior suites provide comfort and privacy. The walkout lower level is designed for entertaining—featuring a family room, wine cellar, 4th bedroom and bath, rec room, sauna, and extensive storage.
Outdoor living is equally impressive with newly designed terraces and patios, gardens, an outdoor fireplace, and serene views backing up to 3.7 acres of HOA woods. Additional highlights include a whole-house sound system and a heated 3-car garage with epoxy floors and EV charging.
A rare opportunity at a newly reduced price in a highly sought-after neighborhood on an Orono Schools Bus Route—just steps to Wayzata Country Club, Luce Line Trail, Wood-Rill Nature Area, Long Lake, beaches, and more.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-747-5863 Listed on: 05/30/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,706
Year Built
- Built in 1989
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 47x223x149x184
- Partially Fenced Property
- Irregular Lot
HOA Fees
- $250 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Heated Garage
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Wine Cellar
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Dining Room
- Library
- Recreation Room
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Drain
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Water Filtration System
- Well
Community Details
- Association Phone (612) 544-9991
- Summit Station Subdivision
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 3611823340010
Map
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 | $18,691 | $1,653,700 | $332,500 | $1,321,200 |
2022 | $16,081 | $1,478,000 | $295,000 | $1,183,000 |
2021 | $15,672 | $1,267,000 | $295,000 | $972,000 |
2020 | $15,931 | $1,235,000 | $280,000 | $955,000 |
2019 | $14,834 | $1,217,000 | $257,000 | $960,000 |
2018 | $14,385 | $1,142,000 | $247,000 | $895,000 |
2017 | $15,120 | $1,149,000 | $247,000 | $902,000 |
2016 | $11,703 | $886,000 | $247,000 | $639,000 |
2015 | $11,823 | $877,000 | $238,000 | $639,000 |
2014 | -- | $762,000 | $181,000 | $581,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/25/2025 08/25/25 | Price Changed | $2,095,000 | -12.2% | $347 / Sq Ft |
06/04/2025 06/04/25 | For Sale | $2,385,000 | -- | $395 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Available | |
Warranty Deed | $1,140,000 | Executive Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $855,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $500,000 | Future Advance Clause Open End Mortgage |
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: 6718491

APN: 36-118-23-34-0010
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