964 E Shady Lane, Wayzata, MN 55391

$6,530,000

Virtual Tour

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Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 8,220 Lot Size (sq. ft.): 31,799 Status: Closed

Current Price: $6,530,000 List Date: 6/01/2026 Last Modified: 6/26/2026

Overview

Description

Welcome to an exceptional lakeside residence at 964 Shady Lane E, offering 5 bedrooms, 7 bathrooms, and approximately 7,525 finished square feet of thoughtfully designed living space on 104 feet of south facing shoreline on Wayzata Bay. Tucked at the end of a quiet cul-de-sac, this property delivers a rare sense of privacy while being just one block from downtown Wayzata shops and restaurants. Set on .73 acres of premier lakeshore, the home sits approximately 15 feet above the water, creating an ideal balance of expansive lake views and easy access to the dock. Two nearly 14-foot-wide, 40’ dock slips with canopy were added in 2024, along with lakeshore power and the option to purchase additional boat lifts. Originally designed in 1935, the home underwent a comprehensive to-the-studs remodel and east-wing addition completed in 2001 followed by additional improvements in 2005. These renovations preserved the home’s grandfathered footprint and close lake setback, a combination no long ... (Read more) Welcome to an exceptional lakeside residence at 964 Shady Lane E, offering 5 bedrooms, 7 bathrooms, and approximately 7,525 finished square feet of thoughtfully designed living space on 104 feet of south facing shoreline on Wayzata Bay. Tucked at the end of a quiet cul-de-sac, this property delivers a rare sense of privacy while being just one block from downtown Wayzata shops and restaurants. Set on .73 acres of premier lakeshore, the home sits approximately 15 feet above the water, creating an ideal balance of expansive lake views and easy access to the dock. Two nearly 14-foot-wide, 40’ dock slips with canopy were added in 2024, along with lakeshore power and the option to purchase additional boat lifts. Originally designed in 1935, the home underwent a comprehensive to-the-studs remodel and east-wing addition completed in 2001 followed by additional improvements in 2005. These renovations preserved the home’s grandfathered footprint and close lake setback, a combination no longer achievable under current regulations. The remodel included all new plumbing, electrical, insulation, sewer line, hydronic in-floor heat, updated HVAC systems, foundation work, and exterior improvements creating the performance of a modern home with the charm of a classic. The floor plan is flexible and well suited for a variety of living arrangements, including a lower-level second kitchen ideal for guests or extended stays, an upper-level recreation room with lake views, and multiple indoor-outdoor living spaces. Highlights include two screen porches, an open deck, and a stone patio, with the main-level screen porch functioning as a seasonal dining space complete with a built-in gas grill. Enjoy daily views of sailing activity with close proximity to the Wayzata Yacht Club and exceptional water quality consistently ranking among the cleanest bays on Lake Minnetonka. This is a rare opportunity to own a legacy lakeshore property where irreplaceable setting, architectural integrity, and modern systems come together—offering a Wayzata lifestyle that is increasingly difficult to replicate.

Listing Details MLS# 7023600

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 4
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1935
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 4
Bath Three Quarters: Yes
Bath Half: 2
Main Floor Total SqFt: 2673
Above Grd Total SqFt: 6036
Below Grd Total SqFt: 2184
Total SqFt: 8220
Total Finished Sqft: 7525.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2238
Garage Stalls: 3
Lot Dimensions: Common
Acres: 0.73
Assessment Pending: No

Property Features

Accessible: Soaking Tub Air Conditioning: Central Air Amenities Unit: Deck; Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Sauna; Tile Floors; Walk-In Closet; Other Appliances: Air-To-Air Exchanger; Central Vacuum; Chandelier; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Basement: Concrete Block; Drain Tiled; Egress Windows; Full; Sump Pump Bath Description: Double Sink; His and Her Closets; Primary Walk-Thru; Sauna; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 1/2 Basement; Full Basement; Two Basement Baths; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Separate/Formal Dining Room Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Gradual Exterior: Cement Board Family Room Characteristics: 2 or More; Entertainment/Media Center; Family Room; Great Room; Main Level Financing Terms: Cash Fireplace Characteristics: Family Room; Gas Burning; Living Room; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air; Humidifier; In-Floor Heating Internet Options: Cable; Fiber Optic; Satellite Lake Details: Sand; Weeds Laundry: Gas Dryer Hookup; Laundry Room; Lower Level; Main Level Parking Characteristics: Heated Garage; Insulated Garage Pool Description: None Roof: Age Over 8 Years; Asphalt Shingles Sewer: City Sewer - In Street; City Sewer/Connected Special Search: 3 BR on One Level; 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water - In Street; City Water/Connected Waterfront Type: Lake Front

Contract Information

Off Market Date: 2026-06-01
Contingency: None
Closed Date: 2026-06-01
Original List Price: 6530000
Sales Close Price: 6530000
ListPrice: 6530000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 964
Street Direction Prefix: E
Street Name: Shady
Street Suffix: Lane
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Rgt Mtka Arlington Hgts-Blks 63 & 64

Assessments

Tax With Assessments: 64640.36

Building Information

Finished SqFt Above Ground: 5689
Finished SqFt Below Ground: 1836

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 10-15

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 26x33
Garage Door Height: 7
Garage Door Width: 9
Garage Square Feet: 1081

Public Survey Info

Range#: 22
Section#: 06
Township#: 117

Room Information

Room Name	Dimensions	Level
Billiard Room	19x16	Upper
Bonus Room	21x21	Upper
Dining Room	16x14	Main
Exercise Room	24x24	Lower
Family Room	15x16	Main
Fifth (5th) Bedroom	14x19	Lower
First (1st) Bedroom	16x14	Upper
Fourth (4th) Bedroom	13x17	Upper
Informal Dining Room	11x11	Main
Kitchen	16x19	Main
Second Kitchen	11x11	Lower
Laundry	8x8	Main
Laundry	8x9	Lower
Living Room	17x14	Main
Primary Bath	11x16	Upper
Office	15x15	Main
Office	11x9	Upper
Second (2nd) Bedroom	13x12	Upper
Third (3rd) Bedroom	14x12	Upper

Listing Office: Compass

Last Updated: June - 26 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

964 E Shady Lane, Wayzata, MN 55391 (MLS# 7023600)