Lori Gustafson

14717 Minnehaha Place

Wayzata, MN
$ 699,900 Beds 4 Baths 3 Sq 4,191
Monthly Estimate* How much can I afford?

Welcome home to Minnehaha Place! Tucked away on a quiet, tree-lined street in a highly coveted Wayzata-area neighborhood, this beautifully maintained and extensively updated home combines timeless character with major recent improvements, exceptional indoor living spaces, and a private backyard designed for entertaining. Over the past five years, the home has undergone significant updates inside and out. All four bathrooms have been beautifully remodeled, and the home features separate heating and central air-conditioning systems serving the upper and lower levels, with both heating units and both A/C units replaced within the past five years—providing enhanced comfort and independent climate control throughout the home. The upper-level laundry room has also been completely remodeled with appliances less than five years old. Interior ceilings were updated throughout with the removal of popcorn ceilings and the addition of new recessed lighting, while newer windows throughout the home were installed in 2023. The lower level was upgraded with new durable flooring, creating a completely carpet-free home that is easy to maintain and ideal for modern living. The front and rear landscapes were professionally redesigned and installed by The Garden By The Woods of Chanhassen, including integrated landscape lighting throughout the front and backyard and a full irrigation system. The result is a thoughtfully designed outdoor setting that complements the home while adding beauty, privacy, and ease of maintenance. In front, an inviting courtyard with a built-in fire pit offers a welcoming gathering space. In back, mature trees surround a private outdoor retreat centered around an in-ground swimming pool and newer pool equipment, both approximately five years old. A large screened-in porch extends the living space outdoors and makes it easy to enjoy the backyard rain or shine. Inside, hardwood floors extend throughout the main living areas, while the updated lower-level flooring continues the home's clean, carpet-free design. The spacious kitchen offers abundant cabinetry, generous counter space, and double ovens, making it ideal for everyday cooking as well as larger gatherings and holidays. A highly desirable upper-level layout features four spacious bedrooms, including a primary retreat with a walk-in closet and beautifully remodeled private bath. All four bathrooms throughout the home have been renovated within the past five years, providing a fresh, updated feel throughout the house. Beyond the private backyard and pool, homeowners enjoy access to an exclusive neighborhood recreation area located right on Minnehaha Place and shared by just 18 contributing households. The recreation area was extensively renovated in 2022 and includes tennis, basketball, and pickleball courts as well as a children's playground. The current owners have already paid the capital contribution associated with the 2022 improvements, allowing the new owner to enjoy the upgraded facilities without an additional entry or capital contribution. Annual maintenance is approximately $250. Enjoy a peaceful neighborhood setting just minutes from Downtown Wayzata, Lake Minnetonka, shopping, dining, and major freeway connections to the Twin Cities. With more than 4,100 finished square feet, four upper-level bedrooms, four recently remodeled bathrooms, separate newer heating and central air-conditioning systems for the upper and lower levels, newer windows, professionally designed landscaping by The Garden By The Woods of Chanhassen, an updated upper-level laundry room, newer lower-level flooring, a completely carpet-free interior, private pool, screened porch, and neighborhood recreation amenities, this home offers a rare combination of space, substantial recent improvements, privacy, comfort, and lifestyle.

Single Family

  • Price
  • $ 699,900
  • City
  • Wayzata
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Minnehaha Place
  • Lot Size
  • 0.44 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 4,191
  • Year Built
  • 1976
  • Taxes
  • $ 6935
  • Style
  • Single Family
  • MLS#
  • 7096238
Listed By: Mauzy Properties
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4191
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air,Dual
Roof Age Over 8 Years
Appliances Central Vacuum,Dishwasher,Double Oven,Dryer,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Pool Features Heated,Outdoor
Year Built 1976
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Minnehaha Place
Full Baths 2
Directions Minnetonka Blvd to W McGinty Rd,north to Minnehaha Pl,left to home situated up on a private side-road.
City Minnetonka
High School District Hopkins
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6935
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Tennis Court,Vaulted Ceiling(s),Walk-In Closet
PostalCity Wayzata

Interior Features

Basement Finished,Full,Walkout
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3371
Half Baths 2
Laundry Features Upper Level
Total Bedrooms 4
Below Grade Finished Area 820
Total Baths 4
Foundation Dimensions Irregular
Fuel Natural Gas
Garage Square Feet 576

Exterior Features

Fencing Wood
Parking Features Attached Garage,Tuckunder Garage
Water Source City Water/Connected
Lot Size Area 0.44
Building Area Total 3371
Lot Dimensions irregular
Waterfront Y/N No
Foundation Area 1299

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

7/6/2026 Listed $799,900
8/12/2026 7% - $749,900
9/8/2026 7% - $699,900

Property vs Zip Code Average in 55391

Price
AVG $3.9M
$700K
Taxes
AVG $28,548
$6,935
Year Built
AVG 1995
1976
Visits
AVG 163
156
Data Provided by Inside Real Estate®

Areas That We Cover

14717 Minnehaha Place Wayzata, MN is a Single Family Home for sale at $699900 with 4191 sqft and a lot size of 0.44 Acres Acre(s). 14717 Minnehaha Place Wayzata has 4 bedrooms, 2 baths and was built in 1976. 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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