$2,095,000

490 Old Long Lake Rd Wayzata, MN 55391

Estimated payment $13,285/month

Total Views 136,536
4 Beds
6 Baths
6,031 Sq Ft
$347 Price per Sq Ft

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

Scott Stabeck

Coldwell Banker Realty Brokerage Phone: 612-747-5863 Listed on: 05/30/2025

Coldwell Banker Realty

Co-Listing Agent

Candice Stabeck

Coldwell Banker Realty Brokerage Phone: 612-747-5863

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,706

Year Built

Built in 1989

Lot Details

0

HOA Fees

$250 per month

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: Well
  • Fee Frequency: Annually
  • Year Built: 1989
  • Above Grade Finished Sq Ft: 4227
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-747-5863
  • Attribution Contact: 612-747-5863
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Range, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Other, Wood Burning
  • Living Area: 6031
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1804
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sun Room, Informal Dining Room, Library, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Recreation Room, Bedroom 4, Wine Cellar

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • Fencing: Other, Partial
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Patio,Terrace

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Electric Vehicle Charging Station(s), Heated Garage
  • Garage Square Feet: 875

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 612-544-9991
  • Association Fee: 3000
  • Association: Yes

Association/Amenities

  • HOA Management Co: Self Managed

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 47x223x149x184
  • Lot Size Sq Ft: 18295.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3611823340010
  • Tax Annual Amount: 19706
  • TaxWithAssessments: 19706.2800

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 $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
Source: Public Records

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
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Warranty Deed $1,140,000 Executive Title
Source: Public Records

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
Source: Public Records

About the Listing Agent

Scott Stabeck

Coldwell Banker Realty

(651) 301-7706

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: 6718491

NorthstarMLS

APN: 36-118-23-34-0010