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Active NEW!
$50,000,000
/mo Edit
Single Family:  2 Stories
8 br • 18 ba • Built 2024
28,990 sqft • 8 acres
MLS# 6812564
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    Property Description

    Introducing Lake Point Estate in Wayzata, MN. A newly completed lakefront residence that redefines legacy living on Minnesota’s most iconic shoreline. Set upon private, gated grounds with commanding west-facing frontage, this extraordinary property was envisioned as a fully realized compound of architectural distinction and enduring beauty. It represents one of the rarest opportunities in the Midwest and on Lake Minnetonka. The main residence, in close relationship with two guest houses, a pool house, lake porch, and boathouse, form a cohesive lakeside retreat designed for grand entertaining and potential for multi-generational living. Every structure reflects the collective vision of an acclaimed team: John Kraemer & Sons, TEA2 Architects, PKA Architecture, MartinPatrick 3, and Topo Landscape Architecture. The result is an uncompromising expression of craftsmanship and design integrity. Imported stone, custom metalwork, and precision millwork converge with thoughtful modern comfort. Offered fully furnished and curated to the last detail, the estate balances artistry and livability. From its stocked chef’s kitchen to expansive lakeside terraces overlooking 650 feet of shoreline along the lower-lake basin, every element reflects a singular commitment to excellence. More than a residence, Lake Point stands as a landmark offering for discerning collectors of architecture and lifestyle. Without questions, this is a once-in-a-generation opportunity to own one of the most significant estates on Lake Minnetonka.

    Listing

    Contingency: None
    Price per sq ft: $1,725
    City: Wayzata
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55391
    Subdivision Name: Registered Land Surv 1072 A

    Interior

    Living Area: 28,990 ft2
    Common Wall: No
    Appliances Included:
    • Chandelier
    • Cooktop
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Exhaust Fan
    • Freezer
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Washer
    • Water Osmosis System
    • Wine Cooler
    Fireplace Details:
    • Living Room
    • Other
    Basement Details:
    • Concrete
    • Drain Tiled
    • Drainage System
    • Finished
    • Storage Space
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 16
    Garage Size: 5,990 ft2
    Air Conditioning: Dual, Geothermal, Zoned
    Foundation Size: 17,200 ft2
    Fencing: Other
    Handicap Accessible: Accessible Elevator Installed
    Out Buildings: Boat House, Kennel/Dog Run, Guest House, Other, Pool House
    Heating System:
    • Boiler
    • Dual Fuel/Off Peak
    • Forced Air
    • Geothermal
    • Hot Water
    • In-Floor Heating
    • Radiant
    • Zoned
    Parking Features:
    • Attached Garage
    • Driveway - Other Surface
    • Finished Garage
    • Floor Drain
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    • Multiple Garages
    Unit Amenities:
    • Ceiling Fan(s)
    • Dock
    • Exercise Room
    • French Doors
    • Hardwood Floors
    • Hot Tub
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Outdoor Kitchen
    • Paneled Doors
    • Panoramic View
    • Patio
    • Primary Bedroom Walk-In Closet
    • Sauna
    • Security System
    • Tile Floors
    • Vaulted Ceiling(s)
    • Wet Bar
    Pool:
    • Below Ground
    • Heated
    • Outdoor
    Roof Details:
    • Age 8 Years or Less
    • Pitched
    • Slate

    Rooms

    1/4 Baths: None
    Full Baths: 4
    Half Baths: 7
    3/4 Baths: 7
    Bathroom Details:
    • 1/2 Basement
    • Double Sink
    • Full Primary
    • Main Floor 1/2 Bath
    • Main Floor 3/4 Bath
    • Main Floor Full Bath
    • Primary Walk-Thru
    • Private Primary
    • Sauna
    • Separate Tub & Shower
    • Two Primary Baths
    • Upper Level 3/4 Bath
    • Upper Level Full Bath
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Breakfast Bar
    • Informal Dining Room
    • Separate/Formal Dining Room
    Laundry:
    • Laundry Closet
    • Laundry Room
    • Lower Level
    • Main Level
    • Upper Level
    Main Level Size Sq Ft
    Dining Room  16 x 31  496 
    Family Room  22 x 32  704 
    Bedroom  20 x 31  620 
    Foyer  11 x 38  418 
    Great Room  26 x 45  1,170 
    Informal Dining Room  14 x 31  434 
    Kitchen  18 x 31  558 
    Office  18 x 16  288 

    Lake & Waterfront

    WF Frontage: 655
    Waterfront:
    • Lake Front
    • Lake View

    Lot & Land

    Acres: 8
    Geolocation: 44.951847, -93.523034
    Lot Dimensions: 768 x 479 x 715 x 501
    Zoning: Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Heavy
    • Tree Coverage - Medium

    Schools

    School District: 1246
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $288,599
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $288,599
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: Private Sewer
    Water System: Well

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Engel & Volkers Minneapolis Downtown.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.