3143 Lafayette Ridge Road

Minnetonka Beach, MN
$ 2,175,000 Beds 5 Baths 3.5 Sq 4,398
Monthly Estimate* How much can I afford?

Exceptional opportunity in coveted Minnetonka Beach offering panoramic views of Lafayette Bay and an incredible Lake Minnetonka lifestyle. This beautifully remodeled 5-bedroom, 4-bathroom home underwent an extensive renovation in 2021–2022 with more than $500,000 in improvements, blending timeless design with modern luxury. The open, light-filled interior showcases expansive lake views, hardwood floors, a stunning new kitchen with quartz countertops, beautifully tiled bathrooms, upgraded lighting and sound systems, updated HVAC, and thoughtful finishes throughout. Additional improvements include new exterior siding and epoxy-finished garage floors. The spacious primary suite captures beautiful views of Lafayette Bay, while the walkout lower level provides exceptional entertaining space with a media room and summer kitchen. Step outside and follow your own path down to your 32-foot deeded dock slip, located directly across from the home and visible from the property. Enjoy having your boat just steps away, along with private association amenities including a sandy beach, waterfront gazebo, firepit, tennis courts, and basketball court. Spend your summers boating Lake Minnetonka, relaxing along the shoreline, or enjoying panoramic views of Lafayette Bay from home. Ideally located near the Dakota Trail, Lafayette Club, downtown Excelsior, restaurants, shopping, and recreation, all within the award-winning Orono School District. A rare opportunity to enjoy the Minnetonka Beach lifestyle with the convenience of your own deeded dock slip and exceptional lake amenities just across the street.

Single Family

  • Price
  • $ 2,175,000
  • City
  • Minnetonka Beach
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Lafayette Ridge
  • Lot Size
  • 0.34 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 4,398
  • Year Built
  • 1988
  • Taxes
  • $ 18238
  • Style
  • Single Family
  • MLS#
  • 7144592
Listed By: RE/MAX Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4398
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Electric Water Heater,Water Osmosis System,Water Softener Owned
HOA Fee 3800
Garage Spaces 3
Association Fee Includes Dock,Shared Amenities
Construction Materials Block,Frame
Year Built 1988
Electric Circuit Breakers
View East,Lake,South
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Association Access,Deeded Access,Dock,Lake View
Accessibility None
Assoc Fee Paid Per Annually
County Hennepin
New Construction No
Property Type Residential
Association Amenities Beach,Boat Slip,Dock
HOA Yes
Contingency None
Subdivision Name Lafayette Ridge
Full Baths 2
Directions Shoreline Drive (Couty Rd 15) West of Wayzata to Old County Rd. North to Lafayette Ridge Rd. South to home.
City Minnetonka Beach
Association Name Lafayette Ridge Homeowners Association
High School District Orono
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 18238.78
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Hardwood Floors,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer
PostalCity Minnetonka Beach

Interior Features

Basement Block,Egress Window(s),Finished,Full,Walkout
Total Fireplaces 1
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3003
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1395
Total Baths 4
Bath Desc 3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 720

Exterior Features

Parking Features Attached Garage,Garage Door Opener,Heated Garage
Water Source City Water/Connected
Lot Size Area 0.34
Building Area Total 4496
Lot Dimensions 56x150x157x150
Waterfront Y/N No
Foundation Area 1493
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/22/2026 Listed $2,175,000

Property vs Zip Code Average in 55391

Price
AVG $3.96M
$2.18M
Taxes
AVG $28,715
$18,238
Year Built
AVG 1995
1988

3143 Lafayette Ridge Road Minnetonka Beach, MN is a Single Family Home for sale at $2175000 with 4398 sqft and a lot size of 0.34 Acres Acre(s). 3143 Lafayette Ridge Road Minnetonka Beach has 5 bedrooms, 3 baths and was built in 1988. The property's zip code is 55391 which is in Minnetonka Beach, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.