Google street view image for 2478 Lafayette Rd, Wayzata, MN 55391

Off Market Aug 1989 for $635K

$3,368,721

Est. refi paymentEst. refi $2,126/mo

•

3.5 ba

•

4,316

sq ft

2478 Lafayette Rd, Wayzata, MN 55391

About this home

2478 Lafayette Rd is a 4,316 square foot house on a 1.23 acre lot with 4 bedrooms and 3.5 bathrooms. - it last sold on August 28, 1989 for $635,000. Based on Redfin's Wayzata data, we estimate the home's value is $3,368,721.

Single-familyProperty Type

1900Year Built

1.23 acresLot Size

$781Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$3,368,721

$2.7M since sold in August 1989$156K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 37.4% higher than the average sale price ($2.45M) of 6 comparable homes.

SOLD AUG 7, 2026
$5,087,500
A
4 beds6 baths— sq ft
2442 Lafayette Rd, Wayzata, MN 55391
SOLD BY REDFIN JUL 28, 2026
$1,805,000
B
4 beds3 baths— sq ft
3 Crescent St, Wayzata, MN 55391
SOLD AUG 21, 2026
$2,700,000
C
5 beds6 baths— sq ft
3017 Brooks Ln, Wayzata, MN 55391
SOLD JUN 30, 2026
$1,910,000
D
4 beds3 baths— sq ft
2707 Walters Port Ln, Excelsior, MN 55331
SOLD AUG 3, 2026
$1,655,000
E
4 beds4 baths— sq ft
4820 Lodge Ln, Greenwood, MN 55331
SOLD APR 24, 2026
$1,550,000
F
4 beds5 baths— sq ft
55 Interlachen Dr, Excelsior, MN 55331

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Earn from this home

Sell

$3,173,272

Est. take-home

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Est. cash available

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Rent

$4,594/mo

Redfin rental estimate

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Market trends in 55391, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.5%

0.3% MoM

Median sale price

$923K

$72K MoM

Avg. days on market

44d

7 days MoM

Recently sold homes

105

9 MoM

New listings for sale

COMING SOON
$1,200,000
5 beds4 baths2,595 sq ft
3455 Montgomerie Ave, Wayzata, MN 55391
NEW 22 HRS AGO
$5,900,000
5 beds5 baths5,440 sq ft
2412 Lafayette Rd, Wayzata, MN 55391
$1,795,000
2 beds3 baths2,220 sq ft
222 Ferndale Rd S #304, Wayzata, MN 55391
OPEN SAT, 11AM TO 1PM
$950,000
4 beds3 baths2,758 sq ft
15803 Holdridge Rd E, Wayzata, MN 55391
$26,500,000
7 beds10 baths12,420 sq ft
372 Ferndale Rd S, Wayzata, MN 55391
$255,000
2 beds2 baths993 sq ft
215 Barry Ave S #217, Wayzata, MN 55391
COMING SOON
$625,000
6 beds3 baths2,684 sq ft
17323 Bay Cir, Wayzata, MN 55391
$985,000
2 beds2 baths1,330 sq ft
222 Ferndale Rd S #208, Wayzata, MN 55391
OPEN SAT, 1PM TO 3PM
$4,600,000
6 beds8 baths9,858 sq ft
170 Spur Cir, Wayzata, MN 55391
$4,495,000
4 beds6 baths7,959 sq ft
1070 Ferndale Rd W, Wayzata, MN 55391
See all

Provided by Redfin

Sale history for 2478 Lafayette Rd

Year

Property tax

Land + Additions

Assessment*

2026

$41,433 (+10.3%)

$3,155,100 + $181,000

$3,336,100

2025

$37,549 (+1.0%)

$3,076,100 + $20,600

$3,096,700

2024

$37,179 (+9.1%)

$3,076,100 + $108,700

$3,184,800

2023

$34,093 (+8.2%)

$2,675,000 + $212,000

$2,887,000

2022

$31,514 (+0.8%)

$2,211,000 + $167,000

$2,378,000

2021

$31,269

$2,211,000 + $159,000

$2,370,000

2020

$31,274 (+2.6%)

$2,010,000 + $232,000

$2,242,000

2019

$30,468 (−0.5%)

$1,915,000 + $229,000

$2,144,000

2018

$30,617 (+26.4%)

$1,915,000 + $213,000

$2,128,000

2017

$24,219 (+13.0%)

$1,466,000 + $196,000

$1,662,000

2015

$21,424 (+24.4%)

$1,295,000 + $183,000

$1,478,000

2014

$17,221 (−14.5%)

$960,000 + $166,000

$1,126,000

2013

$20,137 (−13.0%)

$1,220,000 + $181,000

$1,401,000

2012

$23,150

$1,515,000 + $188,000

$1,703,000

Tax history for 2478 Lafayette Rd

Year

Property tax

Land + Additions

Assessment*

2026

$41,433 (+10.3%)

$3,155,100 + $181,000

$3,336,100

2025

$37,549 (+1.0%)

$3,076,100 + $20,600

$3,096,700

2024

$37,179 (+9.1%)

$3,076,100 + $108,700

$3,184,800

2023

$34,093 (+8.2%)

$2,675,000 + $212,000

$2,887,000

2022

$31,514 (+0.8%)

$2,211,000 + $167,000

$2,378,000

2021

$31,269

$2,211,000 + $159,000

$2,370,000

2020

$31,274 (+2.6%)

$2,010,000 + $232,000

$2,242,000

2019

$30,468 (−0.5%)

$1,915,000 + $229,000

$2,144,000

2018

$30,617 (+26.4%)

$1,915,000 + $213,000

$2,128,000

2017

$24,219 (+13.0%)

$1,466,000 + $196,000

$1,662,000

2015

$21,424 (+24.4%)

$1,295,000 + $183,000

$1,478,000

2014

$17,221 (−14.5%)

$960,000 + $166,000

$1,126,000

2013

$20,137 (−13.0%)

$1,220,000 + $181,000

$1,401,000

2012

$23,150

$1,515,000 + $188,000

$1,703,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 1,747
Basement Finish: Partially Finished

Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1

Heating & Cooling
Heating Type: Gravity

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 12

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: MINNETONKA BEACH ON LAKE MTKA
Living Sq. Ft: 4,316
Gross Sq. Ft: 5,539
Ground Floor Sq. Ft: 2,184
Building Sq. Ft: 5,539
# of Stories: 2
Stories Type: 2
Legal Description: LOT 034 MINNETONKA BEACH ON LAKE MTKA LOTS 34 AND 35 ALSO LOT 33 IN SUPL PLAT OF MTKA BEACH LAKE MTKA INCL ALL OF ADJ VAC LAFAYETTE RD SUBJECT TO ROAD

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Basement Garage
Garage/Parking Sq. Ft: 560
Garage / Carport Type: Basement

Lot Information
# of Buildings: 1
Land Sq. Ft: 53,579
Legal Lot Number: 34
Municipality Name: MINNETONKA BEACH
Acres: 1.23
Front Footage: 118
County Use Description: RESID. LAKE SHORE

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 4,316
Stories: 2.0
Lot Size: 1.23 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1970
County: Hennepin County
APN: 15 117 23 34 0012

Home facts updated by county records on Jul 21, 2026

Around this home

Schools

Orono Intermediate Elementary School

Public 3-5 • Assigned • 3.8mi

8/10

Orono Middle School

Public 6-8 • Assigned • 4.0mi

9/10

Orono Senior High School

Public 9-12 • Assigned • 4.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Wayzata, MN • 55391

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$3.20M – $3.88M

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New listings for sale in 55391

COMING SOON3D WALKTHROUGH

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NEW 22 HRS AGO

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5 beds5 baths5,440 sq ft

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$1,795,000

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222 Ferndale Rd S #304, Wayzata, MN 55391

OPEN SAT, 11AM TO 1PM

$950,000

4 beds3 baths2,758 sq ft

15803 Holdridge Rd E, Wayzata, MN 55391

$26,500,000

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372 Ferndale Rd S, Wayzata, MN 55391

$255,000

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215 Barry Ave S #217, Wayzata, MN 55391

COMING SOON

$625,000

6 beds3 baths2,684 sq ft

17323 Bay Cir, Wayzata, MN 55391

$985,000

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Home values near 2478 Lafayette Rd

Data from public records.

Address	Redfin Estimate
2468 Lafayette Rd, Wayzata, MN 4 Beds \| 6 Baths \| - Sq. Ft.	$6,715,090
2448 Lafayette Rd, Wayzata, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$2,761,361

Address	Redfin Estimate
2462 Lafayette Rd, Wayzata, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$6,251,770
2442 Lafayette Rd, Wayzata, MN 4 Beds \| 6 Baths \| - Sq. Ft.	$5,631,888

Address	Redfin Estimate
2446 Lafayette Rd, Wayzata, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$3,260,820
2505 Lafayette Rd, Wayzata, MN 5 Beds \| 6 Baths \| - Sq. Ft.	$2,192,746

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GreatSchools Ratings provided by GreatSchools.org.

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