#6690554, Listing Office: Coldwell Banker Realty
$4,650,000 List price
1038 Lake St E Wayzata, MN 55391
5 beds
2 full, 1 partial
5,402 sqft
$861 / sqft
House
Property details
About 1038 Lake St E
Luxury new construction set in the heart of Downtown Wayzata. Expertly built by Black Dog Homes, this home features exquisite finishes, a highly functional floorplan and views of Wayzata Bay. Open concept main level includes gourmet kitchen and scullery area, dining area and living room with fireplace. Sun room walks out to stunning patio. Upper level features 4 bedrooms, all with ensuite baths and walk-in closets. Beautiful primary suite with lake views, luxurious bath and spacious walk-in closet. Dedicated upper level laundry for added convenience. Lower level family room provides the perfect entertaining space. Separate exercise room and golf simulator. In-floor radiant heat throughout lower level and garage. Elevator provides access to all three levels of home, providing convenience and accessibility. Enhanced landscaping package. Incredible location just down the street from all of Wayzata's premier amenities. Home designed by Alexander Design Group and Vivid Home.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Radiant Floor
StatusActive
CoolingCentral Air
Size5,402 sqft
BasementYes
Year builtNew Const., 2024
ParkingAttached Garage, Garage Door Opener, Heated Garage, Insulated Garage
MLS #6657206
Attached garage3 spaces
FireplaceGas, Living Room
Summary
- MLS Number: 6657206
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$4,650,000
1038 Lake St E
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $- | $12,358 |
History based on county public records data.
Nearby schools
7
Gleason Lake Elementary School
Public District KG-5
1.0 mi
•310 County Road 101 N
4
Birchview Elementary School
Public District KG-5
1.7 mi
•425 Ranchview Ln N
10
Groveland Elementary
Public District KG-5
1.7 mi
•17310 Minnetonka Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,932. Typical income of Wayzata, MN residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
45%
35k-100k
13%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
65%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Symphony or Opera
Figure Skating
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Cracker Barrel
Boston Market
What do the neighbors drive?
Lincoln
Cadillac
Buick
What do the neighbors listen to?
Classical
Soft Adult Contemporary
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1038 Lake St E
This home is located at 1038 Lake St E in Wayzata, MN and zip code 55391. This 5,402 square foot home was built in 2024. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $4,650,000.
In March 2025 more than 3 listings in Wayzata, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Wayzata, MN between February and March 2025 increased by 25.7%. Listings spent 49 days on the market in March 2025, and had a median list price of $976,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.