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$1,050,000
/mo Edit
Single Family:  2 Stories
4 br • 4 ba • Built 1980
4,710 sqft • 0.34 acres
Orono schools
MLS# 6653487
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    Property Description

    An exceptional opportunity to remodel or build a new home in historic Minnetonka Beach. Situated in the award-winning Orono School District, this property boasts big water views of Lafayette Bay and includes a 32' association dock slip on Lake Minnetonka, providing endless recreational opportunities. The Lafayette Ridge Homeowners Association offers a private covered dock, beach access, a waterfront gazebo, and athletic courts, all conveniently located near the Dakota Walking Trail, Lafayette Country Club, and nearby local dining and shopping options. Although the value of this property is completely in the land, notable home highlights include vista lake views, practical main floor living with a primary suite, laundry, and both formal and casual dining and entertainment spaces. The upper level offers three additional bedrooms and a den, while the walkout lower level features multiple entertainment spaces, storage, flex space, and a summer kitchen. With a rare combination of lake access, a desirable Minnetonka Beach location, and Orono Schools, this is the ideal setting for your next real estate investment.

    Listing

    Contingency: None
    Price per sq ft: $223
    City: Minnetonka Beach
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55391
    Subdivision Name: Lafayette Ridge

    Interior

    Living Area: 4,710 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Fireplace Details:
    • Gas
    • Wood Burning
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full
    • Storage Space
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 25X24
    Garage Size: 598 ft2
    Air Conditioning: Central Air
    Foundation Size: 2,273 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Attached Garage
    Unit Amenities:
    • Boat Slip
    • Deck
    • Dock
    • Kitchen Center Island
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Walk-In Closet
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Other
    Pool: None
    Roof Details: Wood

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Bathroom Ensuite
    • Double Sink
    • Full Primary
    • Jetted Tub
    • Main Floor 1/2 Bath
    • Private Primary
    • Upper Level Full Bath
    Dining/Kitchen:
    • Breakfast Bar
    • Informal Dining Room
    • Separate/Formal Dining Room
    Upper Level Size Sq Ft
    Bedroom 2  14 x 14  196 
    Bedroom 3  14 x 14  196 
    Bedroom 4  17 x 14  238 
    Den  10 x 10  100 
    Main Level Size Sq Ft
    Living Room  15 x 13  195 
    Informal Dining Room  16 x 6  96 
    Kitchen  17 x 11  187 
    Dining Room  17 x 17  289 
    Bedroom 1  14 x 14  196 
    Laundry  8 x 7  56 
    Deck  49 x 14  686 
    Lower Level Size Sq Ft
    Family Room  18 x 16  288 
    Amusement Room  16 x 16  256 
    Game Room  25 x 13  325 
    Flex Room  22 x 14  308 
    Storage  —  — 

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Minnetonka
    Waterfront View: Bay, East, Lake, South
    DNR Lake ID#: 27013300
    Lake Chain Name: N
    Lake Acres: 14205
    Lake Depth: 113
    Waterfront:
    • Association Access
    • Deeded Access
    • Dock
    • Lake View
    • Shared

    Lot & Land

    Acres: 0.34
    Geolocation: 44.936837, -93.603095
    Lot Dimensions: N56X150X157X150
    Zoning: Residential-Single Family

    Schools

    School District: 278
    District Phone: 952-449-8305

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,447
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,447
    Association Fee Required: Yes
    Association Fee: $3,662
    Association Fee Frequency: Annually
    Association Fee Includes:
    • Dock
    • Shared Amenities
    Association Company: Lafayette Ridge Home Owners Association
    Association Company Number: 612-961-2820

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.