Lori Gustafson

2770 Gale Road

Wayzata, MN
$ 50,000,000 Beds 8 Baths 14.5 Sq 28,990
Monthly Estimate* How much can I afford?

Introducing Lake Point Estate in Wayzata, MN. A newly completed lakefront residence that redefines legacy living on Minnesota’s most iconic shoreline. Set upon private, gated grounds with commanding west-facing frontage, this extraordinary property was envisioned as a fully realized compound of architectural distinction and enduring beauty. It represents one of the rarest opportunities in the Midwest and on Lake Minnetonka. The main residence, in close relationship with two guest houses, a pool house, lake porch, and boathouse, form a cohesive lakeside retreat designed for grand entertaining and potential for multi-generational living. Every structure reflects the collective vision of an acclaimed team: John Kraemer & Sons, TEA2 Architects, PKA Architecture, MartinPatrick 3, and Topo Landscape Architecture. The result is an uncompromising expression of craftsmanship and design integrity. Imported stone, custom metalwork, and precision millwork converge with thoughtful modern comfort. Offered fully furnished and curated to the last detail, the estate balances artistry and livability. From its stocked chef’s kitchen to expansive lakeside terraces overlooking 650 feet of shoreline along the lower-lake basin, every element reflects a singular commitment to excellence. More than a residence, Lake Point stands as a landmark offering for discerning collectors of architecture and lifestyle. Without question, this is a once-in-a-generation opportunity to own one of the most significant estates on Lake Minnetonka.

Single Family

  • Price
  • $ 50,000,000
  • City
  • Wayzata
  • Bedrooms
  • 8
  • Full Bathrooms
  • 11
  • County
  • HENNEPIN
  • Half Bathrooms
  • 7
  • Area
  • Registered Land Surv 1072 A
  • Lot Size
  • 8 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 28,990
  • Year Built
  • 2024
  • Taxes
  • $ 320880
  • Style
  • Single Family
  • MLS#
  • 6812564
Listed By: Engel & Volkers Minneapolis Downtown
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 28990
Sewer Private Sewer
Heating Boiler,Dual Fuel/Off Peak,Forced Air,Geothermal,Hot Water,In-Floor Heating,Radiant,Zoned
Cooling Dual,Geothermal,Zoned
Roof Age 8 Years or Less,Pitched,Slate
Appliances Chandelier,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Freezer,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer,Wine Cooler
Garage Spaces 16
Pool Features Below Ground,Heated,Outdoor
Year Built 2024
View Bay,Lake,Panoramic,West
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front,Lake View
Accessibility Accessible Elevator Installed
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Registered Land Surv 1072 A
Other Structures Boat House,Kennel/Dog Run,Guest House,Other,Pool House
Full Baths 4
Directions 394 W to Wayzata,take County Rd 101 S,turn right on Breezy Pt Rd. Turn right on Maplewood Rd and left on Gale Rd - the gate to the estate is on the right.
City Wayzata
High School District Minnetonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 320880
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Dock,Exercise Room,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Outdoor Kitchen,Patio,Paneled D
PostalCity Wayzata

Interior Features

Basement Drain Tiled,Drainage System,Finished,Concrete,Storage Space,Walkout
Total Fireplaces 2
Fireplace Features Living Room,Other
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 18800
Half Baths 7
3/4 Baths 7
Laundry Features Laundry Closet,Lower Level,Laundry Room,Main Level,Upper Level
Total Bedrooms 8
Below Grade Finished Area 10190
Total Baths 18
Bath Desc 1/2 Basement,Two Primary Baths,Double Sink,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Main Floor Full Bath,Sauna,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full
Dining Room Description Breakfast Bar,Informal Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 5990
Waterfront Feet 655

Exterior Features

Fencing Other
Parking Features Attached Garage,Driveway - Other Surface,Floor Drain,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Multiple Garages
Lot Features Accessible Shoreline,Tree Coverage - Heavy,Tree Coverage - Medium
Water Source Well
Lot Size Area 8
Building Area Total 36350
Lot Dimensions 768 x 479 x 715 x 501
Waterfront Y/N Yes
Foundation Area 17200

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
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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

1/23/2026 Listed $50,000,000

Property vs Zip Code Average in 55391

Price
AVG $4.02M
$50M
Taxes
AVG $29,094
$320,880
Year Built
AVG 1996
2024
Visits
AVG 172
2056
Data Provided by Inside Real Estate®

Areas That We Cover

2770 Gale Road Wayzata, MN is a Single Family Home for sale at $50000000 with 28990 sqft and a lot size of 8 Acres Acre(s). 2770 Gale Road Wayzata has 8 bedrooms, 11 baths and was built in 2024. The property's zip code is 55391 which is in Wayzata, 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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