$1,970,000
SOLD DEC 18, 2024
4 Beds
5 Baths
4,423 Sq Ft
0.66 Acres

Recently Sold

$445 Per Sq Ft

14% Below List Price

102 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fireplace in Primary Bedroom
  • Den
  • Minnewashta Elementary School Rated A
  • Home Gym
  • Built-In Double Oven

About This Home

As of December 2024

Experience the epitome of lakefront living with this exceptional home, offering an unparalleled combination of elegance, comfort, and convenience. Nestled in the coveted Gideons Point neighborhood, this custom-built residence boasts a unique blend of luxurious features and practical amenities, all without the hassle of shoreline maintenance. Enjoy a picturesque lifestyle on the pristine waters of Gideons Bay, Lake Minnetonka, complete with a deeded 32’x14’ boat slip housed at a deep-water dock.
With direct access to the lake, you can indulge in all the joys of waterfront living, including serene views and recreational opportunities, without worrying about the upkeep typically associated with lakefront properties.
The home itself is a masterpiece of design and craftsmanship. It features four spacious bedrooms, including a stunning primary suite located on the main, offering both privacy and convenience. The main level includes a sophisticated open plan living and dining room with fireplace, along with a den which doubles as an office with its own inviting fireplace, perfect for working from home in comfort. The gourmet kitchen is a chef’s dream, showcasing a massive island adorned with custom marble and granite, complemented by top-of-the-line appliances and elegant finishes. Soaring ceilings and architectural details enhance the sense of grandeur, while large windows flood the space with natural light, creating a warm and inviting atmosphere. The lower-level walk-out is designed for relaxation and entertainment, complete with a wet bar and striking stone fireplace. An extra-large workout space provides ample room for fitness activities. Three additional bedrooms offer comfort and privacy for family and guests. The property also includes a heated three-car garage with custom epoxy flooring and ample built-in storage, ensuring that all your vehicles and gear are well-cared for year-round. Set amidst a lush, private landscape adorned with mature trees and vibrant flower gardens, the expansive deck offers a perfect setting for outdoor gatherings and enjoying the tranquility of your surroundings. This home is truly a haven for making cherished memories in a serene and picturesque environment all within the award winning Minnetonka School district.

Last Agent to Sell the Property

Andrea Kerrison

Lakes Area Realty

Last Buyer's Agent

Lisa Endersbe

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,273

Year Built

  • Built in 1991

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 171x170x214x136

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Den
  • Storage Room
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • Water Filtration System
  • Cable TV Available

Community Details

  • Association fees include beach access, dock
  • Gideons Point Homeowners Association, Phone Number (612) 716-0251
  • Gideons Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2711723230111

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,273

Year Built

Built in 1991

Lot Details

0

HOA Fees

$229 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 2438
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Walkout
  • Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Stone
  • Living Area: 4423
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1985
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Kitchen, Den, Bedroom 1, Primary Bathroom, Walk In Closet, Bathroom, Family Room, Exercise Room, Bedroom 2, Bedroom 3, Bedroom 4, Storage

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • PoolFeatures: None
  • View: Panoramic, South
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck,Patio
  • Lake Acres: 14205
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 917
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock
  • Phone: 612-716-0251
  • Association Fee: 2750
  • Association: Yes
  • Amenities Unit: Cable,Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Panoramic View,Security System,Security Lights,Skylight,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Gideons Point Homeowners Association

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 171x170x214x136
  • Lot Size Sq Ft: 28749.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 2711723230111
  • Tax Annual Amount: 16273
  • TaxWithAssessments: 17685.0000

Multi Family

  • WaterfrontFeatures: Deeded Access

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $1,970,000 -1.3% $445 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $1,995,000 -6.3% $451 / Sq Ft
08/23/2024 08/23/24 Price Changed $2,130,000 -7.4% $482 / Sq Ft
08/02/2024 08/02/24 For Sale $2,299,000 +109.0% $520 / Sq Ft
11/16/2015 11/16/15 Sold $1,100,000 -4.3% $493 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $1,150,000 -- $515 / Sq Ft
Source: NorthstarMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $16,273 $1,408,800 $574,200 $834,600
2022 $15,733 $1,412,000 $599,000 $813,000
2021 $15,653 $1,228,000 $529,000 $699,000
2020 $14,777 $1,209,000 $529,000 $680,000
2019 $14,318 $1,093,000 $451,000 $642,000
2018 $14,714 $1,048,000 $432,000 $616,000
2017 $13,004 $950,000 $400,000 $550,000
2016 $10,811 $791,000 $360,000 $431,000
2015 $10,825 $791,000 $360,000 $431,000
2014 -- $727,000 $315,000 $412,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $1,365,000 Credit Line Revolving
Previous Owner $596,000 Adjustable Rate Mortgage/ARM
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,970,000 Burnet Title
Warranty Deed $1,100,000 Burnet Title
Warranty Deed $1,020,000 --
Warranty Deed $629,000 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6533531

NorthstarMLS

APN: 27-117-23-23-0111