Off market mar 2025 for $5M

$5,463,129

Est. refi paymentEst. refi $31,056/mo

•

—

sq ft

16612 Grays Bay Blvd, Wayzata, MN 55391

About this home

Kenwood on Lake Minnetonka! One of a kind storybook home, originally built in 1929 as a summer home and carefully expanded in the 1980s and then meticulously restored and enhanced by the current owners over the last 10 years. This gem offers a once in a lifetime opportunity on the level west facing shoreline of no wake Grays Bay. Walkable to Wayzata with truly remarkable architecture and character details throughout, this 5 bedroom/ 6 bathroom home is a show stopper. Grand gathering spaces combined with cozy spaces all capturing the amazing lakefront views and sunsets. 2 primary suites - one on the main level and one on the upper level with a lakeside balcony along with 3 additional bedrooms - all ensuite. Lakeside sunroom with phantom screen deck to enjoy summer evenings and views along with a lakeside office in lower level that walks out to gorgeous outdoor patios and lawn to the lake. Another truly unique feature is the lakeside pub - hailing from a historic hotel in Scotland. Surely a place to make some Lake Minnetonka memories! 2 car attached plus a 1 car detached carriage house garage offering upper level storage. The lower level also features a family room, sauna, craft/flex room as well as one of the 5 ensuite bedrooms. 8 fireplaces - gas, woodburning and decorative- adorn rooms throughout the house, many imported from England. Stone floors imported from Germany and several light fixtures from England. A perfect combination of craftsmanship and history alongside amenities desired for today's lifestyle. This is so much more than a house on the lake - for the discerning buyer who appreciates homes that have a story to tell....if walls could talk!

Single-familyProperty Type

1931Year Built

0.51 acresLot Size

3 car garageParking

Listed by Lori Schneck • Coldwell Banker Realty

Listed by Elisabeth Lucas

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6640642

Redfin Estimate

$5,463,129

$463K since sold in March 2025$31K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 286.2% higher than the average sale price ($1.41M) of 5 comparable homes.

SOLD AUG 27, 2026
$850,000
A
4 beds4 baths— sq ft
16300 Adeline Ln, Wayzata, MN 55391
SOLD AUG 18, 2026
$1,275,000
B
5 beds6 baths— sq ft
16416 Hidden Valley Rd, Minnetonka, MN 55345
SOLD SEP 10, 2026
$2,395,000
C
5 beds5 baths— sq ft
3305 Fairchild Ave, Wayzata, MN 55391
SOLD AUG 28, 2026
$777,500
D
4 beds3 baths— sq ft
16805 Linden Dr, Minnetonka, MN 55345
SOLD JUL 30, 2026
$1,775,000
E
5 beds5 baths— sq ft
18150 Shavers Ln, Wayzata, MN 55391

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Earn from this home

Sell

$1,250,461

Est. take-home

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Refinance

Est. cash available

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Rent

$4,931/mo

Redfin rental estimate

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Market trends in 55391, MN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced 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

OPEN THU, 4:30PM TO 6PM
$900,000
4 beds3 baths2,957 sq ft
2312 Sheridan Hills Rd, Wayzata, MN 55391
$255,000
2 beds2 baths990 sq ft
205 Barry Ave S #207, Wayzata, MN 55391
COMING SOON
$435,000
4 beds2 baths1,642 sq ft
1316 Holdridge Ter, Wayzata, MN 55391
$1,950,000
4 beds4 baths4,065 sq ft
2323 Huntington Point Rd W, Wayzata, MN 55391
COMING SOON
$7,895,000
6 beds7 baths6,385 sq ft
1225 Shoreline Dr, Wayzata, MN 55391
$685,000
4 beds3 baths3,937 sq ft
3200 Hazelwood W, Wayzata, MN 55391
3D WALKTHROUGH
$1,765,000
5 beds4 baths4,540 sq ft
2526 Crosby Rd, Wayzata, MN 55391
$2,695,000
4 beds6 baths5,972 sq ft
235 Hollander Rd, Wayzata, MN 55391
$2,095,000
5 beds4 baths4,398 sq ft
3143 Lafayette Ridge Rd, Wayzata, MN 55391
$1,749,000
2 beds3 baths3,312 sq ft
740 Widsten Cir, Wayzata, MN 55391
See all

Provided by Redfin

Sale history for 16612 Grays Bay Blvd

Date

Event

Price

Public Records

May 13, 2025

Sold

$5,000,000

NORTHSTARMLS as Distributed by MLS Grid #6640642

Mar 31, 2025

Sold

$5,000,000

Jan 22, 2025

Pending

—

Jan 19, 2025

Contingent

—

Jan 4, 2025

Listed

$5,195,000

Dec 30, 2024

Coming Soon

$5,195,000

Public Records

Jul 12, 2013

Sold

$1,565,000

Public Records

Feb 15, 2013

Sold

$1,565,000

NORTHSTARMLS as Distributed by MLS Grid #4066014

Jan 13, 2013

Sold

$1,565,000

Dec 19, 2012

Listing Removed

—

Jul 8, 2011

Listed

$1,990,000

+13

NORTHSTARMLS as Distributed by MLS Grid #3928930

Jul 7, 2011

Listing Removed

—

May 24, 2010

Listed

$2,399,000

Public Records

May 14, 1993

Sold

$850,000

Year

Property tax

Land + Additions

Assessment*

2026

$57,972 (+19.7%)

$2,535,500 + $1,134,100

$3,669,600

2025

$48,425 (+9.7%)

$2,414,800 + $753,100

$3,167,900

2024

$44,133 (+19.4%)

$2,299,900 + $757,100

$3,057,000

2023

$36,950 (+11.8%)

$1,839,400 + $717,800

$2,557,200

2022

$33,063 (+3.0%)

$1,532,900 + $567,400

$2,100,300

2021

$32,099 (−1.0%)

$1,488,300 + $561,100

$2,049,400

2020

$32,414 (+1.1%)

$1,417,500 + $567,900

$1,985,400

2019

$32,053 (+5.5%)

$1,417,500 + $540,200

$1,957,700

2018

$30,384 (+0.5%)

$1,350,000 + $492,300

$1,842,300

2017

$30,218 (+14.8%)

$1,335,100 + $477,500

$1,812,600

2015

$26,318 (−3.5%)

$1,101,600 + $465,400

$1,567,000

2014

$27,259 (−11.7%)

$1,101,600 + $463,400

$1,565,000

2013

$30,854 (+4.8%)

$1,101,600 + $699,900

$1,801,500

2012

$29,434

$1,101,600 + $699,900

$1,801,500

Tax history for 16612 Grays Bay Blvd

Year

Property tax

Land + Additions

Assessment*

2026

$57,972 (+19.7%)

$2,535,500 + $1,134,100

$3,669,600

2025

$48,425 (+9.7%)

$2,414,800 + $753,100

$3,167,900

2024

$44,133 (+19.4%)

$2,299,900 + $757,100

$3,057,000

2023

$36,950 (+11.8%)

$1,839,400 + $717,800

$2,557,200

2022

$33,063 (+3.0%)

$1,532,900 + $567,400

$2,100,300

2021

$32,099 (−1.0%)

$1,488,300 + $561,100

$2,049,400

2020

$32,414 (+1.1%)

$1,417,500 + $567,900

$1,985,400

2019

$32,053 (+5.5%)

$1,417,500 + $540,200

$1,957,700

2018

$30,384 (+0.5%)

$1,350,000 + $492,300

$1,842,300

2017

$30,218 (+14.8%)

$1,335,100 + $477,500

$1,812,600

2015

$26,318 (−3.5%)

$1,101,600 + $465,400

$1,567,000

2014

$27,259 (−11.7%)

$1,101,600 + $463,400

$1,565,000

2013

$30,854 (+4.8%)

$1,101,600 + $699,900

$1,801,500

2012

$29,434

$1,101,600 + $699,900

$1,801,500

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

Public record

Public record
Permits

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

0.51 Acres

Year renovated

1995

Sq. Ft.

5,683

Year built

1931

Style

Single Family Residential

County

Hennepin County

APN

08 117 22 43 0025

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Electric Vehicle Charging Station(s), Garage Door Opener, Insulated Garage, Tuckunder Garage
Garage Spaces: 3
Garage Dimensions: 25 x 23
Garage Sq. Ft.: 567
Garage Door Height: 7
Garage Door Width: 16

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5

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

Room 1 Information
Room Type: Amusement Room
Room Dimensions: 21 x 15
Room Level: Lower

Room 2 Information
Room Type: Bar/Wet Bar Room
Room Dimensions: 14 x 12
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Dimensions: 14 x 14
Room Level: Main

Room 4 Information
Room Type: Bedroom 5
Room Dimensions: 19 x 12
Room Level: Lower

Room 5 Information
Room Type: Bedroom
Room Dimensions: 17 x 16
Room Level: Main

Room 6 Information
Room Type: Bedroom 4
Room Dimensions: 18 x 9
Room Level: Upper

Room 7 Information
Room Type: Kitchen
Room Dimensions: 19 x 13
Room Level: Main

Room 8 Information
Room Type: Living Room
Room Dimensions: 23 x 15
Room Level: Main

Room 9 Information
Room Type: Screened Porch
Room Dimensions: 11 x 10
Room Level: Main

Room 10 Information
Room Type: Bedroom 2
Room Dimensions: 13 x 11
Room Level: Main

Room 11 Information
Room Type: Sun Room
Room Dimensions: 14 x 11
Room Level: Main

Room 12 Information
Room Type: Bedroom 3
Room Dimensions: 17 x 14
Room Level: Upper

Laundry Room Information
Laundry Features: Gas Dryer Hookup, In Hall, Laundry Room, Main Level, Sink

Basement Information
Has Basement
Basement Features: Egress Window(s), Finished, Partial, Walkout

Dining Room Information
Dining Room Features: Kitchen/Dining Room

Other Rooms Information
Main Floor Primary,Main Floor Bedroom,Main Floor Laundry,Primary Bdr Suite

Fireplace Information
Has Fireplace
# of Fireplaces: 8
Fireplace Features: Decorative, Family Room, Gas, Living Room, Primary Bedroom, Wood Burning

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

Interior Features
Appliances: Double Oven, Exhaust Fan, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Exterior

Building Information
Construction Materials: Concrete
Foundation Area: 2,168
Roof: Shake, Age Over 8 Years

Exterior Features
Patio Porch Type: Composite Decking,Front Porch,Patio,Rear Porch,Screened,Terrace

Waterfront Information
Waterfront Features: Lake Front
Lake Bottom: Sand
Waterfront Elevation: 0-4
Waterfront Feet: 120
Road Between Waterfront And Home Y/N: N

Property Information
Above Ground Total Sq. Ft.: 4,278
Below Ground Total Sq. Ft.: 1,906
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Garage(s)
Above Grade Finished Area: 4,167
Below Grade Finished Area: 1,662
Amenities: Balcony,Dock,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Outdoor Kitchen,Patio,Paneled Doors,Panoramic View,Sauna,Boat Slip,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s)

Lot Information
Lot Features: Tree Coverage - Medium
Lot Size Area: 0.51
Lot Size Units: Acres
Lot Size Dimensions: 116 x 249
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $44,133
Tax Year: 2024
Tax With Assessments: $44,133

Utilities

Utility Information
Water Source: City Water/Connected, Well
Electric: 200+ Amp Service
Power Company Name: Xcel Energy
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Minnetonka
School District Number: 1246
School District Phone: 9524015000

Location Information
Directions: 101 bridge over Grays Bay - left on Grays Bay Blvd - house on the left.
Map Coordinate: 104-C4

Public facts

Beds: 4
Baths: 4.5
Sq. Ft.: 5,683
Stories: 2.0
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1931
Year Renovated: 1995
County: Hennepin County
APN: 08 117 22 43 0025

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 5829
Living Area Units: Square Feet
Main Level Finished Area: 2770
Building Area Total: 6184
Foundation Dimensions: 55 x 65
Levels: One and One Half

Around this home

Schools

Groveland Elementary School

Public K-5 • Assigned • 0.7mi

10/10

Minnetonka East Middle School

Public 6-8 • Assigned • 1.5mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 3.0mi

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

3/10 Fire Factor

0.31% chance of being 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

$5.19M – $6.28M

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Nearby similar homes

OPEN THU, 4:30PM TO 6PM

$900,000

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2312 Sheridan Hills Rd, Wayzata, MN 55391

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4 beds5 baths6,487 sq ft

425 Carpenters Pt, Wayzata, MN 55391

3D WALKTHROUGH

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19055 Ridgewood Rd, Wayzata, MN 55391

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3D WALKTHROUGH

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OPEN SAT, 12PM TO 2PM

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15803 Holdridge Rd E, Wayzata, MN 55391

New listings for sale in 55391

OPEN THU, 4:30PM TO 6PM

$900,000

4 beds3 baths2,957 sq ft

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$255,000

2 beds2 baths990 sq ft

205 Barry Ave S #207, Wayzata, MN 55391

COMING SOON

$435,000

4 beds2 baths1,642 sq ft

1316 Holdridge Ter, Wayzata, MN 55391

$1,950,000

4 beds4 baths4,065 sq ft

2323 Huntington Point Rd W, Wayzata, MN 55391

COMING SOON3D WALKTHROUGH

$7,895,000

6 beds7 baths6,385 sq ft

1225 Shoreline Dr, Wayzata, MN 55391

$685,000

4 beds3 baths3,937 sq ft

3200 Hazelwood W, Wayzata, MN 55391

3D WALKTHROUGH

$1,765,000

5 beds4 baths4,540 sq ft

2526 Crosby Rd, Wayzata, MN 55391

$2,695,000

4 beds6 baths5,972 sq ft

235 Hollander Rd, Wayzata, MN 55391

$2,095,000

5 beds4 baths4,398 sq ft

3143 Lafayette Ridge Rd, Wayzata, MN 55391

Home values near 16612 Grays Bay Blvd

Data from public records.

Address	Redfin Estimate
16560 Grays Bay Boulevard, Wayzata, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$4,944,691
16744 Grays Bay Boulevard, Wayzata, MN 4 Beds \| 5.5 Baths \| 7796 Sq. Ft.	$4,261,784

Address	Redfin Estimate
16700 Grays Bay Boulevard, Wayzata, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$5,177,626
16800 Grays Bay Boulevard, Wayzata, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$5,400,829

Address	Redfin Estimate
16717 Grays Bay Boulevard, Wayzata, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$2,696,514
16551 Grays Bay Boulevard, Wayzata, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$995,210

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. 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 16612 Grays Bay Blvd

Tax history for 16612 Grays Bay Blvd

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 16612 Grays Bay Blvd

More real estate resources