2412 Lafayette Road
Minnetonka Beach, MN, 55391 $ 5,699,000
Bedrooms5 Baths4.1 Sq 5,001 Monthly Estimate*
$ 39,362
for $5,699,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,001 square foot home was built in 2012 on a lot size of 0.73.
A premier Lake Minnetonka estate in the coveted village of Minnetonka Beach, this exceptional residence offers 61 feet of pristine shoreline on sought-after Smith Bay and a rare opportunity to enjoy one of the lake’s most distinguished communities. Set on 0.73 acres with an east-facing lakeside setting, the property enjoys abundant natural light, beautiful water views, and a sandy-bottom shoreline on Lake Minnetonka’s Lower Lake. Originally custom built in 2012 and extensively renovated by Mikan in 2026 with more than $800,000 invested in recent improvements, the home has been completely reimagined with an exceptional level of craftsmanship and has never been lived in since its transformation. Offering approximately 5,001 finished square feet across three levels, the home combines sophisticated design with comfortable, functional lake living. Wide-plank white oak flooring flows throughout the main living spaces, complemented by Visual Comfort lighting, designer finishes, custom cabinetry, and thoughtfully selected materials. The open-concept main level is designed to take full advantage of the lake setting, with expansive windows framing Smith Bay and creating a seamless connection between the interior and outdoor living spaces. At the heart of the home is a beautifully appointed chef’s kitchen featuring a full Wolf appliance suite, Sub-Zero refrigeration, an expansive center island, V-groove ceiling detail, custom cabinetry, and exquisite stonework. The kitchen opens directly to the dining and great room, creating an ideal setting for everyday living and entertaining. The light-filled great room is anchored by a dramatic floor-to-ceiling Taj Mahal quartz fireplace and surrounded by glass that showcases the lake beyond. The adjacent dining area comfortably accommodates a large gathering while maintaining incredible views of the water. A spacious private study provides a refined work-from-home retreat, while a custom mudroom just off the heated three-car garage features floor-to-ceiling cabinetry for exceptional organization. Main-level laundry is conveniently located nearby, with a second laundry room upstairs providing added everyday convenience. The upper level is highlighted by a private primary suite with sweeping views of Smith Bay and sliding glass doors opening to a lakeside balcony. The spa-inspired primary bath features marble finishes, a furniture-style vanity, rain shower, premium Kallista plumbing fixtures, and a custom dressing room. An additional upper-level bedroom also enjoys beautiful lake views and direct balcony access. The oversized custom bunk room provides an inviting space for family and guests and comfortably sleeps six. Each bedroom features a walk-in closet, and the home offers exceptional storage throughout. Nearly 1,025 square feet of newly finished lower-level living space creates a true recreation and wellness destination. Designed for year-round enjoyment, this level features a spacious media lounge with a big-screen theater wall, dedicated golf simulator bay, beautifully finished fitness studio, sauna, dedicated space for a cold plunge, and a full bath with walk-in shower. The thoughtful layout provides an ideal environment for entertaining, exercise, relaxation, and wellness without ever leaving home. Outdoor living is equally impressive. The east-facing lakeside setting features an expansive stone patio, outdoor kitchen, beautifully landscaped grounds, and a Soake dipping pool that doubles as a hot tub for year-round enjoyment. A heated screened porch overlooking the water features ceiling-mounted infrared heaters, extending the outdoor season well into the cooler months. Mature trees and professional landscaping provide a picturesque backdrop while preserving the open lake views. Just steps from the home, 61 feet of prime Smith Bay shoreline and a private dock provide direct access to everything Lake Minnetonka has to offer. The sandy-bottom shoreline, Class A water on lower lake!
See more
FeaturesGeneralLiving Area 5001
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
View Lake Panoramic
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front Lake View
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Full Baths 1
Directions Shoreline Drive to Lafayette Road.
City Minnetonka Beach
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
Virtual Tour https://www.zillow.com/view-imx/b4ef794a-fafa-49c6-bee8-e1641316d599?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Porch Tile Floors Washer/Dryer Hookup
See more
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 3976
Half Baths 1
1/4 Baths 0
3/4 Baths 3
Total Bedrooms 5
Below Grade Finished Area 1025
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
Waterfront Feet 61
See more
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
See more
* Excluded FeaturesList ByRe/Max Advantage PlusBroker
agentabdel@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $39,362
- 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 Minnetonka Beach, MN
Average List Price $3,897,000
Percent of Sale Price 32%
About Minnetonka Beach, MN 518 Population
4% Since 2002
$ 116,427 Median Income
49.34 Median Age
32% 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 |
|---|
| 10/27/2026 | $5,699,000 | | Listed Price |