Listed at
$6,900,000
$961/sqft

Gipson Acres 2nd Add

2462 Lafayette Road, Minnetonka Beach, MN, 55391
6  Bedrooms6  Bathrooms7,181  Square Feet1.2  Acres
Days on market438
Year built1903
Garage spaces4
TypeResidential
Est. $204,000buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

A stunning full renovation where timeless 1900s charm meets 2025 luxury on 150 feet of prime Minnetonka Beach lake shore. Completely reimagined from the studs up, this exquisite home preserves its early 1900s character while being fully modernized to today’s highest standards. Thoughtfully redesigned by acclaimed Lake Minnetonka architect Mike Sharratt, every inch of this 18-month renovation was crafted to maximize breathtaking lake views from as many rooms as possible. Highlights include: An expansive kitchen with a Wolf 48” range, Sub-Zero refrigerator, oversized walk-in pantry, built-in 8-person dining banquette, and a large island with seating for four. Formal dining room includes a dedicated bar area with sink, Sub-Zero 100-bottle wine fridge, and beverage coolers. Other main floor highlights include main floor laundry room with sink and custom cabinetry, 3 bedrooms, 3 bathrooms and a one of a kind 46 foot wide screened in porch with priceless views. The exceptional upper level primary suite spans more than 40+ feet of lake-facing windows for panoramic views of Lafayette Bay, Big Island and walks out to a private 600+ square foot, maintenance free sun deck. Other features of the primary suite include a 225’ walk-in closet with custom cabinetry, an incredibly spacious primary tiled bath with separate vanities, tiled shower, soaking tub and 2nd laundry room. The lower levels are highlighted by a fully finished “man cave” with full bar, massive beverage refrigerator, multiple flat screen TVs, ready for game day or movie night. Custom mudroom with built-in lockers for everyday functionality. Other features of the renovation include: Spray foam insulation for top-tier efficiency, All-new windows throughout, brand new 4 car garage with integrated upper level 1,100 sq ft studio apartment with kitchenette, ideal for guests, in-laws, or creative office/bonus space. Structural steel beam reinforcement for enhanced integrity Brand-new roof, HardiePlank siding, updated electrical and mechanical systems,

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family Residence
Year built1903
LevelsTwo
Living area7,181 sqft
Above-grade finished6,370 sqft
Below-grade finished811 sqft
Lot size1.2 acres (27x151x31x122x30)
Days on market438
ListedJul 11, 2025
MLS #NST6754063
CountyHennepin
SubdivisionGipson Acres 2nd Add
Parcel #1511723340006

Facts & features

Interior

Bedrooms
6
Bathrooms
6
Bath breakdown
2 full / 3 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler

Property

Levels / stories
Two
Garage
4 spaces · 1,031 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Paved
View
Lake, Panoramic
Waterfront
Dock, Lake Front, Lake View
Lot size
1.2 acres

Construction

Property type
Residential
Property subtype
Single Family Residence
Construction materials
Fiber Cement, Shake Siding
Foundation
3,073 sqft
Roof
Age 8 Years or Less, Architectural Shingle, Asphalt
Year built
1903

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected

Community & HOA

Subdivision
Gipson Acres 2nd Add
HOA
No HOA
School district
Orono

Financial & listing details

Annual tax
$52,074 (2025)
Tax with assessments
52074.0000
Listed
Jul 11, 2025
Days on market
438 · 48 cumulative

Interior details

Total bathrooms6
Full baths2
3/4 baths3
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Partially Finished, Storage Space, Sump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces2
AppliancesDishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
AccessibilityOther

Exterior & lot

RoofAge 8 Years or Less, Architectural Shingle, Asphalt
Foundation area3,073 sqft
Lot featuresAccessible Shoreline, Irregular Lot, Sod Included in Price, Many Trees
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage, Paved
Garage spaces4
Garage size1,031 sqft

Financial details

Annual taxes$52,074
Tax year2025
Taxes w/ assessments52074.0000
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number278
District phone952-449-8305
High schoolOrono
SODL flat fee brokerage
$204,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $204,000

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$42,902/mo
Principal & interest$36,262
Property taxes$4,340
Home insurance (est.)$2,300
%
$1,380,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

2462 Lafayette Road, Minnetonka Beach, MN, 55391

Listing information

MLS #NST6754063
StatusActive
Last updatedSep 3, 2025, 2:55 PM
Originally listedJul 17, 2025, 5:00 AM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.