Owner is an Agent?: No

Auction?: No

Status: Active

Contingency: None

Current Price: $1,495,000

Original List Price: 1495000

ListPrice: 1495000

List Date: 2025-11-12

Association: MAAR

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 1

Waterfront Present: No

Year Built: 2007

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Lot Dimensions: 50X200

Acres: 0.23

Bath Three Quarters: 0

Bath Half: 1

Lake/Waterfront Name: Minnetonka

Bath Quarter: 0

Main Floor Total SqFt: 1277

Above Grd Total SqFt: 2554

Below Grd Total SqFt: 772

Total Finished Sqft: 3082.00

FireplaceYN: Yes

Foundation Size: 1277

Style: (SF) Single Family

Garage Stalls: 2

Power Company: Xcel Energy

Association Fee: 0

Assessment Pending: Unknown

Bedrooms: 4

Baths Total: 3

Bath Full: 2

Total SqFt: 3326

AssocFeeYN: No

Legal Description: LOT 003 BLOCK 008 THORPE BROS GROVELAND SHORES

Listing City: Wayzata

Map Page: 104

Municipality: Minnetonka

School District: Minnetonka

School District Phone: 952-401-5000

DNR Lake ID#: 27013300

DNR Lake Classification: General Development

Zip Plus 4: 2926

Property ID Number: 1711722210061

Tax Year: 2025

Tax Amount: 10635

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: An extraordinary and rare offering from renowned Architect Howard Theis, a spacious home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the long commute. With sweeping views of the bay, the residence seamlessly blends striking architectural lines with the peaceful rhythm of lake area living. The interior is a designer-curated masterpiece, featuring vibrant living spaces, thoughtful flow, and high-end materials throughout. The first-floor cedar front balcony is uniquely large and can accommodate many activities including outdoor dining and sitting area comfort. The primary suite opens to a private balcony overlooking the water—perfect for greeting the sunrise or sunset. A tucked-under garage provides discreet functionality while preserving the home’s clean, modern aesthetic. Enjoy the tranquility of this intimate community while being just minutes from major freeway access, making daily commutes and city excursions effortlessly convenient. Located within the top-ranked Minnetonka School District, this home offers not only beauty and privacy but access to some of Minnesota’s most prestigious education. New roof and HVAC in 2024 with meticulous home care are an added benefit to the tasteful interior design. Gray’s Bay public lake access and boat launch across the street; Libbs Lake just 0.7 miles away has opportunities for swimming, fishing, and boating, and offers numerous opportunities to enjoy the lake area to the fullest. Opportunity to renew boat slip lease, located one mile away on Libbs Lake, at time of purchase only via separate transaction. (Owner of home has had lease for 15-years.) This is more than a home—it is a rare chance to live artfully near the water, in a setting that’s both serene and superbly connected. Just four minutes drive to freeway access and minutes to downtown Wayzata or Minnetonka shopping and dining, you can have all facets of social lifestyle and culture while living in a cozy alcove.

Directions: 101 TO GRAYS BAY BLVD EAST TO HOME

None: 1

Central Air: 1

Balcony: 1

Ceiling Fan(s): 1

Deck: 1

Hardwood Floors: 1

Kitchen Center Island: 1

Kitchen Window: 1

Outdoor Kitchen: 1

Panoramic View: 1

Patio: 1

Primary Bedroom Walk-In Closet: 1

Tile Floors: 1

Walk-In Closet: 1

Washer/Dryer Hookup: 1

Cooktop: 1

Dishwasher: 1

Disposal: 1

Double Oven: 1

Microwave: 1

Refrigerator: 1

Assessment Balance: 0

Tax With Assessments: 10635

Egress Windows: 1

Full: 1

Storage Space: 1

Sump Pump: 1

Double Sink: 1

Main Floor 1/2 Bath: 1

Upper Level Full Bath: 1

Full Primary: 1

Private Primary: 1

Finished SqFt Above Ground: 2554

Finished SqFt Below Ground: 528

Block: 1

Frame: 1

Previously Owned: 1

Breakfast Bar: 1

Informal Dining Room: 1

Kitchen/Dining Room: 1

Living/Dining Room: 1

Circuit Breakers: 1

Fiber Board: 1

2 or More: 1

Family Room: 1

Lower Level: 1

Main Level: 1

Full: 1

Wood: 1

Family Room: 1

Wood Burning: 1

Other: 1

Natural Gas: 1

Forced Air: 1

Insurance Fee: 0

Lake Acres: 14205

Lake Depth: 113

Lake View: 1

Main Level: 1

Sink: 1

Washer Hookup: 1

Land Leased: Not Applicable

Public Transit (w/in 6 blks): 1

Tree Coverage - Light: 1

Underground Utilities: 1

Homestead: Yes

Fractional Ownership: No

Garage Dimensions: 28x21

Garage Square Feet: 597

Garage Door Opener: 1

Tuckunder Garage: 1

Deck: 1

Patio: 1

Range#: 22

Section#: 17

Township#: 117

City Street: 1

Curbs: 1

Paved Streets: 1

Storm Sewer: 1

Public Maintained Road: 1

Age 8 Years or Less: 1

Asphalt Shingles: 1

Cash: 1

Conventional: 1

City Sewer/Connected: 1

3 BR on One Level: 1

4 BR on One Level: 1

Main Floor Laundry: 1

Primary Bdr Suite: 1

Two: 1

City Water/Connected: 1

Lake: 1

House Number: 17209

Street Name: Grays Bay

Street Suffix: Boulevard

Postal City: Wayzata

County: Hennepin

State: MN

Zip Code: 55391

Complex/Dev/Subdivision: Thorpe Bros Groveland Shores