Lori Gustafson

425 Carpenters Point

Wayzata, MN
$ 3,550,000 Beds 4 Baths 4.5 Sq 6,487 Virtual Tour
Monthly Estimate* How much can I afford?

Perfectly situated in high-demand Wayzata/Lake Minnetonka, this is a rare opportunity to experience luxury living paired with unparalleled neighborhood amenities including private 36ft Dock & Pool/Clubhouse. Lower level golf simulator. Discover a masterclass in craftsmanship at 425 Carpenters Point, a stunning residence in the coveted Locust Hills neighborhood, just steps from vibrant downtown Wayzata and the serene shores of Lake Minnetonka. Built by renowned builder Charles Cudd, known for landmark projects and timeless design, this property epitomizes main-level living with thoughtful design at every turn. Enjoy a main level spa-like owner’s suite and curated, high-end finishes throughout, including vaulted coffered ceilings, a chef-inspired kitchen with walk-in pantry, and beautifully integrated main-level spaces including an office, formal dining room, and laundry. A charming three-season porch with a wood-burning fireplace offers year-round enjoyment and seamless indoor-outdoor living. Designed by award-winning architect James McNeal, every detail reflects enduring quality and sophistication. The home is further enhanced by exceptional lower-level amenities, including a private golf simulator and a fully equipped exercise room—perfect for year-round recreation and wellness without ever leaving home. As part of an exclusive private community, residents enjoy an exceptional suite of amenities including a private neighborhood pool, clubhouse, and walking trails, all maintained by a full-service HOA for true turnkey living. This property also includes a dedicated 36-foot dock on Lake Minnetonka—an exclusive upgrade that is not shared, offering dedicated space for your boat and immediate access to the lake lifestyle.

Single Family

  • Price
  • $ 3,550,000
  • City
  • Wayzata
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Locust Hills
  • Lot Size
  • 0.33 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 6,487
  • Year Built
  • 2013
  • Taxes
  • $ 44168
  • Style
  • Single Family
  • MLS#
  • 7138332
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 6487
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years,Architectural Shingle
Appliances Air-To-Air Exchanger,Dishwasher,Disposal,Double Oven,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 1582
Garage Spaces 3
Association Fee Includes Dock,Lawn Care,Professional Mgmt,Sanitation,Shared Amenities,Snow Removal
Pool Features Below Ground,Shared
Year Built 2013
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Deeded Access,Dock
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Locust Hills
Full Baths 2
Directions Bushaway to Locust Hills Trail,North on Carpenters Point
City Wayzata
Association Name Locust Hills HOA
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 44168
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-383pcr
Standard Status Active
Lender Owned No
PostalCity Wayzata

Interior Features

Basement Daylight/Lookout Windows,Finished,Full,Storage Space
Total Fireplaces 3
Fireplace Features Family Room,Gas,Living Room,Other,Stone,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 4332
Half Baths 1
3/4 Baths 2
Laundry Features Laundry Closet,Laundry Room,Main Level,Sink,Upper Level,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 2155
Total Baths 5
Bath Desc 3/4 Basement,Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Walk-In Shower Stall
Dining Room Description Breakfast Bar,Breakfast Area,Informal Dining Room,Living/Dining Room
Foundation Dimensions 28x80
Fuel Natural Gas
Garage Dimensions 34x28
Garage Square Feet 891

Exterior Features

Fencing Invisible
Parking Features Attached Garage,Concrete,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage
Lot Features Irregular Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.33
Building Area Total 6696
Lot Dimensions 126x116x175x130
Waterfront Y/N No
Foundation Area 2364

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

9/10/2026 Listed $3,550,000

Property vs Zip Code Average in 55391

Price
AVG $3.9M
$3.55M
Taxes
AVG $28,548
$44,168
Year Built
AVG 1995
2013
Visits
AVG 163
28
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

425 Carpenters Point Wayzata, MN is a Single Family Home for sale at $3550000 with 6487 sqft and a lot size of 0.33 Acres Acre(s). 425 Carpenters Point Wayzata has 4 bedrooms, 4 baths and was built in 2013. 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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