2412 Lafayette Road
Wayzata, MN, 55391 $ 5,900,000
Bedrooms5 Baths4.1 Sq 5,731 Monthly Estimate*
$ 40,750
for $5,900,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,731 square foot home was built in 2012 on a lot size of 0.73.
Completely reimagined from top to bottom, this custom-built 2012 residence on Smith Bay lives like a brand-new home — renovated in 2026 with no expense spared, and never lived in since. New wide-plank white-oak floors, a chef's kitchen with full Wolf and Sub-Zero suite, a dramatic Taj Mahal quartz fireplace, and a large private study anchor the main level. Upstairs, the primary suite and a second bedroom both capture sweeping lake views and open to a balcony over the water — the primary with marble bath and custom dressing room — plus a huge bunk room that sleeps six. Every bedroom has a walk-in closet, with generous storage throughout. Nearly 1,450 sq ft of newly finished lower level adds a media lounge, golf simulator, fitness studio, sauna with cold-plunge space, and full bath — a year-round wellness retreat. Outside, 0.73 acres in the storybook village of Minnetonka Beach: a heated screened porch, expanded stone patio, Soake plunge pool, outdoor kitchen, and all-new professional landscaping. Your private dock and pristine shoreline on Lake Minnetonka's Lower Lake sit just steps from the front door, across a lightly traveled lane fewer than a dozen homes use as their primary access — the classic Minnetonka Beach arrangement that keeps the water in view from nearly every room. Whole-house generator, monitored security, smart water protection, and whole-home audio make this truly turnkey lake living. Five bedrooms, 4.5 baths, heated 3-car garage, Orono schools.
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FeaturesGeneralLiving Area 5731
Sewer City Sewer/Connected
Heating Forced Air In-Floor Heating
Cooling Central Air
Roof Asphalt
Appliances Air-To-Air Exchanger Chandelier Dishwasher Disposal Double Oven Dryer Humidifier Water Filtration System Water Osmosis System Microwave Range Refrigerator Stainless Steel Appliances Washer Water Soft
HOA Fee 0
Garage Spaces 3
Pool Features Below Ground Heated Outdoor
Year Built 2012
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Full Baths 1
Directions Shoreline Drive to Lafayette Road.
City Wayzata
High School District Orono
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 46419.26
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Porch Tile Floors Washer/Dryer Hookup
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InteriorBasement Drain Tiled Egress Window(s) Finished Full Other Storage Space Sump Pump Tile Shower
Total Fireplaces 1
Fireplace Features Family Room Stone
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 4193
Half Baths 1
1/4 Baths 0
3/4 Baths 3
Total Bedrooms 5
Below Grade Finished Area 1538
Total Baths 5
Bath Desc Full Primary Private Primary
Dining Room Description Eat In Kitchen Living/Dining Room Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 906
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ExteriorParking Features Attached Garage Floor Drain Heated Garage
Water Source City Water/Connected
Lot Size Area 0.73
Building Area Total 6084
Lot Dimensions irregular
Waterfront Y/N Y
Foundation Area 2112
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* Excluded FeaturesList ByHome Avenue Flat Fee RealtyBroker
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Affordability Calculator
- Monthly Principal & Interest
- $40,750
- Monthly Property Taxes
- $3,868
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Wayzata, MN
Average List Price $3,720,037
Percent of Sale Price 37%
About Wayzata, MN 4,305 Population
7% Since 2002
$ 73,787 Median Income
48.7 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048611 Elementary School
3048682 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2026 | $5,900,000 | | Listed Price |