OFF MARKET

Off Market Sep 2023 for $1.1M

$1,550,962

Est. refi paymentEst. refi $6,095/mo

•

—

sq ft

3131 Lafayette Ridge Rd, Wayzata, MN 55391

About this home

An exceptional opportunity in historic Minnetonka Beach including dedicated dockage on Lake Minnetonka's Lafayette Bay. This property offers endless recreational opportunities through The Lafayette Ridge Home Owners Association which features 32' covered boat slips, beach access, a waterfront gazebo, and a tennis court. Home highlights include: A functional main floor with all the right spaces for daily living and entertainment, three large upper-level bedrooms with a primary suite, and an adjacent flex room potentially used as a fourth bedroom, extra closet space, or office. Walk out lower level with wet bar, amusement area, second flex room, and guest bedroom. Located on a quiet cul de sac in an ideal lakeside location, near the Dakota Walking Trail, the Lafayette Country Club, and local restaurants and retail, featuring the award-winning Orono School District.

Single-familyProperty Type

1984Year Built

0.4 acresLot Size

2 car garageParking

Listed by Daniel Hollerman • Compass

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6413661

Redfin Estimate

$1,550,962

$363K since sold in September 2023$25K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.5% lower than the average sale price ($1.83M) of 6 comparable homes.

SOLD JUL 1, 2026
$825,000
A
5 beds4 baths— sq ft
2650 Kelly Ave, Excelsior, MN 55331
SOLD JUL 8, 2026
$2,800,000
B
5 beds4 baths— sq ft
2665 Casco Point Rd, Wayzata, MN 55391
SOLD JUN 30, 2026
$1,910,000
C
4 beds3 baths— sq ft
2707 Walters Port Ln, Excelsior, MN 55331
SOLD MAY 13, 2026
$2,400,000
D
5 beds6 baths— sq ft
3890 Sunset Dr, Spring Park, MN 55384
SOLD BY REDFIN JUL 28, 2026
$1,805,000
E
4 beds3 baths— sq ft
3 Crescent St, Wayzata, MN 55391
SOLD JUL 14, 2026
$1,270,000
F
3 beds3 baths— sq ft
4372 Channel Rd, Spring Park, MN 55384

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Earn from this home

Sell

$559,852

Est. take-home

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Refinance

Est. cash available

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Rent

$4,411/mo

Redfin rental estimate

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Market trends in 55391, MN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

0.0% MoM

Median sale price

$1.0M

$343K MoM

Avg. days on market

25d

0 days MoM

Recently sold homes

31 MoM

New listings for sale

$725,000
3 beds3 baths2,851 sq ft
3213 County Road 101 S, Wayzata, MN 55391
NEW 23 HRS AGO
$750,000
5 beds3 baths5,288 sq ft
18160 Berry Ln, Wayzata, MN 55391
COMING SOON
$397,000
3 beds2 baths1,250 sq ft
3593 Crystal Pl, Wayzata, MN 55391
OPEN TODAY, 11AM TO 1PM
$799,000
2 beds2 baths1,810 sq ft
2800 Center Rd, Wayzata, MN 55391
$260,000
2 beds2 baths1,020 sq ft
205 Barry Ave S #103, Wayzata, MN 55391
$399,000
3 beds2 baths1,796 sq ft
2930 Bay St, Wayzata, MN 55391
$699,000
5 beds3 baths2,340 sq ft
290 Ridgeview Dr E, Wayzata, MN 55391
$2,795,000
4 beds6 baths5,972 sq ft
235 Hollander Rd, Wayzata, MN 55391
$13,495,000
6 beds9 baths9,541 sq ft
1535 Bohns Point Rd, Wayzata, MN 55391
COMING SOON
$309,900
2 beds2 baths1,000 sq ft
205 Barry Ave S #306, Wayzata, MN 55391
See all

Provided by Redfin

Sale history for 3131 Lafayette Ridge Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6413661

Sep 29, 2023

Sold

$1,188,000

Aug 30, 2023

Pending

—

Aug 19, 2023

Price Changed

$1,295,000

Aug 7, 2023

Listed

$1,325,000

NORTHSTARMLS as Distributed by MLS Grid #4566503

Jul 15, 2015

Sold

$755,000

Jun 10, 2015

Pending

—

Apr 25, 2015

Price Changed

$774,900

Feb 27, 2015

Listed

$799,000

+13

NORTHSTARMLS as Distributed by MLS Grid #3807012

Dec 24, 2009

Listing Removed

—

Jul 2, 2009

Listed

$869,000

NORTHSTARMLS as Distributed by MLS Grid #3635102

Jun 18, 2009

Listing Removed

—

Jan 12, 2009

Listed

$895,000

NORTHSTARMLS as Distributed by MLS Grid #1501434

Sep 15, 2000

Sold

$385,000

Jul 27, 2000

Listing Removed

—

May 18, 2000

Listed

$399,900

NORTHSTARMLS as Distributed by MLS Grid #1345492

Aug 5, 1998

Listing Removed

—

May 4, 1998

Listed

$384,900

Public Records

May 1, 1984

Sold

$241,224

Year

Property tax

Land + Additions

Assessment*

2026

$13,939 (+4.8%)

$640,000 + $540,100

$1,180,100

2025

$13,303 (−2.8%)

$635,300 + $517,200

$1,152,500

2024

$13,688 (+7.6%)

$710,900 + $515,700

$1,226,600

2023

$12,717 (+33.4%)

$646,000 + $484,000

$1,130,000

2022

$9,530 (−0.8%)

$368,000 + $411,000

$779,000

2021

$9,610 (+5.0%)

$383,000 + $404,000

$787,000

2020

$9,153 (+3.4%)

$348,000 + $368,000

$716,000

2019

$8,853 (−3.9%)

$321,000 + $362,000

$683,000

2018

$9,214 (−2.1%)

$357,000 + $343,000

$700,000

2017

$9,414 (+5.4%)

$357,000 + $341,000

$698,000

2015

$8,933 (+23.6%)

$340,000 + $327,000

$667,000

2014

$7,227 (−6.0%)

$205,000 + $319,000

$524,000

2013

$7,692 (+0.6%)

$260,000 + $331,000

$591,000

2012

$7,645

$290,000 + $333,000

$623,000

Tax history for 3131 Lafayette Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2026

$13,939 (+4.8%)

$640,000 + $540,100

$1,180,100

2025

$13,303 (−2.8%)

$635,300 + $517,200

$1,152,500

2024

$13,688 (+7.6%)

$710,900 + $515,700

$1,226,600

2023

$12,717 (+33.4%)

$646,000 + $484,000

$1,130,000

2022

$9,530 (−0.8%)

$368,000 + $411,000

$779,000

2021

$9,610 (+5.0%)

$383,000 + $404,000

$787,000

2020

$9,153 (+3.4%)

$348,000 + $368,000

$716,000

2019

$8,853 (−3.9%)

$321,000 + $362,000

$683,000

2018

$9,214 (−2.1%)

$357,000 + $343,000

$700,000

2017

$9,414 (+5.4%)

$357,000 + $341,000

$698,000

2015

$8,933 (+23.6%)

$340,000 + $327,000

$667,000

2014

$7,227 (−6.0%)

$205,000 + $319,000

$524,000

2013

$7,692 (+0.6%)

$260,000 + $331,000

$591,000

2012

$7,645

$290,000 + $333,000

$623,000

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

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

192 ft.

Lot size

0.4 Acres

Year renovated

2005

Sq. Ft.

3,433

Year built

1984

Style

Single Family Residential

County

Hennepin County

APN

16 117 23 33 0013

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Asphalt
Garage Spaces: 2
Garage Dimensions: 23X23
Garage Sq. Ft.: 544
Carport Spaces: 0

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 2
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
Description: 3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 13X13
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 13X13
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 11X21
Room Level: Main

Room 4 Information
Room Dimensions: 10X7
Room Level: Main

Room 5 Information
Room Dimensions: 11X9
Room Level: Main

Room 6 Information
Room Type: Bedroom 1
Room Dimensions: 15X17
Room Level: Upper

Room 7 Information
Room Type: Bedroom 2
Room Dimensions: 11X16
Room Level: Upper

Room 8 Information
Room Type: Bedroom 3
Room Dimensions: 11X15
Room Level: Upper

Room 9 Information
Room Type: Bedroom 4
Room Dimensions: 13X11
Room Level: Upper

Room 10 Information
Room Type: Bedroom 5
Room Dimensions: 12X11
Room Level: Lower

Room 11 Information
Room Type: Laundry
Room Dimensions: 8X7
Room Level: Upper

Room 12 Information
Room Type: Family Room
Room Dimensions: 14X26
Room Level: Lower

Room 13 Information
Room Type: Great Room
Room Dimensions: 15X19
Room Level: Main

Room 14 Information
Room Dimensions: 15X16
Room Level: Lower

Room 15 Information
Room Dimensions: 14X8
Room Level: Lower

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout

Dining Room Information
Dining Room Features: Breakfast Bar,Eat In Kitchen,Separate/Formal Dining Room

Other Rooms Information
2nd Floor Laundry,4 BR on One Level,Primary Bdr Suite

Fireplace Information
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Gas, Wood Burning

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Mud Room, Foyer, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Family Room, Great Room, Flex Room, Bar/Wet Bar Room
Appliances: Dishwasher, Double Oven, Dryer, Exhaust Fan, Water Filtration System, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler

Exterior

Building Information
Construction Materials: Brick/Stone, Wood Siding
Foundation Area: 1,229
Roof: Age Over 8 Years, Asphalt

Exterior Features
Patio Porch Type: Deck,Patio
Fencing: Chain Link

Pool Information
Pool Features: None

Waterfront Information
Waterfront Features: Association Access, Deeded Access, Dock
Water Body Name: Minnetonka
Waterfront Num: 27013300
Lake Acres: 14,729
Lake Classification: General Development
Lake Depth: 113
Road Between Waterfront And Home Y/N: Yes

Property Information
Total Sq. Ft.: 3,813
Above Ground Total Sq. Ft.: 2,584
Below Ground Total Sq. Ft.: 1,229
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 2,584
Below Grade Finished Area: 1,093
Amenities: Dock,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Boat Slip,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Lot Information
Lot Size Area: 0.4
Lot Size Units: Acres
Lot Size Dimensions: W170X192X74X179
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $12,717
Tax Year: 2023
Tax With Assessments: $12,717.28

Lease / Rent Details
RentalLicense Y/N: No

Financial Information
Conventional

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Power Company Name: Xcel Energy
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

HOA Information
Association Name: Lafayette Ridge Homeowners Association
Has HOA
Association Amenities: Beach, Dock, Other, Tennis Court(s)
Association Fee: $3,253
Association Fee Frequency: Annually
Association Fee Includes: Beach Access, Dock, Shared Amenities

School Information
High School District: Orono
School District Number: 278
School District Phone: 952-449-8305

Location Information
Directions: Take Shoreline Dr. West from Wayzata, Turn right onto Old County Rd, and turn left onto Lafayette Ridge Rd.
Map Coordinate: 117-C1

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 3,433
Stories: 2.0
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 2005
County: Hennepin County
APN: 16 117 23 33 0013

Home facts updated by county records on Jul 21, 2026

Other

Documents & Disclosures
Restrictions: Mandatory Owners Assoc

Home Information
Living Area: 3677
Main Level Finished Area: 1296.0000
Age Of Property: 40
Levels: Two

Around this home

Schools

Orono Intermediate Elementary School

Public 3-5 • Assigned • 3.7mi

8/10

Orono Middle School

Public 6-8 • Assigned • 4.0mi

9/10

Orono Senior High School

Public 9-12 • Assigned • 3.9mi

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

$1.47M – $1.78M

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Home values near 3131 Lafayette Ridge Rd

Data from public records.

Address	Redfin Estimate
3155 Lafayette Ridge Road, Wayzata, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$1,563,449
3215 Lafayette Ridge Court, Wayzata, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$744,254

Address	Redfin Estimate
3151 Lafayette Ridge Road, Wayzata, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$892,978
3159 Lafayette Ridge Road, Wayzata, MN 4 Beds \| 3.5 Baths \| 3915 Sq. Ft.	$1,602,194

Address	Redfin Estimate
3167 Lafayette Ridge Road, Wayzata, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$1,670,570
3163 Lafayette Ridge Road, Wayzata, MN 4 Beds \| 3.5 Baths \| 4376 Sq. Ft.	$1,527,359

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55391, MN

Sale history for 3131 Lafayette Ridge Rd

Tax history for 3131 Lafayette Ridge Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55391

Home values near 3131 Lafayette Ridge Rd

More real estate resources