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Owner is an Agent?: No

Auction?: No

Status: Closed

Off Market Date: 2026-02-26

Contingency: None

Current Price: $2,799,000

Closed Date: 2026-04-03

Original List Price: 2699000

Sales Close Price: 2799000

ListPrice: 2699000

List Date: 2026-02-20

Association: MAAR

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 2

Road Btwn WF & Home?: No

Waterfront Frontage: 120

Waterfront YN: Yes

Year Built: 1993

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Lot Dimensions: Irregular

Acres: 0.54

Bath Three Quarters: 1

Bath Half: 1

Lake/Waterfront Name: Minnetonka

Bath Quarter: 0

Main Floor Total SqFt: 1222

Above Grd Total SqFt: 2465

Below Grd Total SqFt: 1247

Total SqFt: 3712

Total Finished Sqft: 3654.00

FireplaceYN: Yes

Foundation Size: 1247

Style: (SF) Single Family

Garage Stalls: 3

Power Company: Xcel Energy

Association Fee: 0

Bedrooms: 5

Baths Total: 4

Bath Full: 2

AssocFeeYN: No

Legal Description: THORPE BROS GROVELAND SHORES LOTS 28 AND 29 BLK 1 THORPE BROS GROVELAND SHORES AND LOT 26 BLK 2 THORPE BROS REARGT GROVELAND SHORES

Listing City: Minnetonka

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: 2950

Property ID Number: 1711722120063

Tax Year: 2025

Tax Amount: 30154

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: Welcome to lakeside living at its finest on the sought-after shores of Libbs Lake, with access to Lake Minnetonka by boat, where a sandy on-property beach, permanent year-round dock, and covered slip for boats up to 34 feet make every season on the water effortless and inviting. Set within the highly regarded Minnetonka School District and just moments from the neighborhood beach, park, and main lake access, this home blends an exceptional location with thoughtfully designed comfort. ***The sellers have a hail claim in progress so the possibility is there for buyer to select a new exterior color, garage door color, and new garage doors.  Inside, expansive windows fill the home with natural light and showcase sweeping lake views, while the open-concept kitchen—featuring granite countertops, a center island, and walk-in pantry—creates a welcoming space for everyday living and entertaining. Enameled woodwork, a private home office, and convenient upper-level laundry add style and practicality. The serene primary suite offers a walk-in closet and spa-like bath, while the walkout lower level provides remarkable flexibility with a second kitchen, double-sided fireplace, steam shower, sauna, and guest-ready living quarters. The garage includes ample storage with the addition of built-in stainless-steel Cabinetry with full workbench ($30,000).  Outdoors, enjoy beautifully updated landscaping, a maintenance-free deck, terraced yard, and expansive lakeside patio with fireplace—perfect for gathering, relaxing, and making lasting memories by the water.

Directions: 101 to Grays Bay Blvd., east to Lake Shore Blvd., south to home

None: 1

Central Air: 1

Boat Slip: 1

Deck: 1

Dock: 1

Exercise Room: 1

Hardwood Floors: 1

Kitchen Center Island: 1

Kitchen Window: 1

Natural Woodwork: 1

Paneled Doors: 1

Panoramic View: 1

Primary Bedroom Walk-In Closet: 1

Sauna: 1

Security Lights: 1

Security System: 1

Tile Floors: 1

Vaulted Ceiling(s): 1

Walk-In Closet: 1

Walk-Up Attic: 1

Washer/Dryer Hookup: 1

Wet Bar: 1

Cooktop: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Refrigerator: 1

Washer: 1

Assessment Balance: 0

Tax With Assessments: 30154

Drain Tiled: 1

Full: 1

Storage Space: 1

Tile Shower: 1

Double Sink: 1

Sauna: 1

Steam Shower: 1

Main Floor 1/2 Bath: 1

Upper Level Full Bath: 1

Full Primary: 1

Private Primary: 1

3/4 Basement: 1

Basement: 1

Bathroom Ensuite: 1

Jetted Tub: 1

Separate Tub & Shower: 1

Walk-In Shower Stall: 1

Finished SqFt Above Ground: 2465

Finished SqFt Below Ground: 1189

Concrete: 1

Frame: 1

Previously Owned: 1

Eat In Kitchen: 1

Informal Dining Room: 1

Kitchen/Dining Room: 1

Circuit Breakers: 1

Gradual: 1

Cedar: 1

Wood: 1

2 or More: 1

2 Story/High/Vaulted Ceilings: 1

Entertainment/Media Center: 1

Family Room: 1

Great Room: 1

Lower Level: 1

Main Level: 1

Partial: 1

Privacy: 1

Wood: 1

Conventional: 1

2-Sided: 1

Amusement Room: 1

Family Room: 1

Gas Burning: 1

Poured Concrete: 1

Natural Gas: 1

Active Radon Mitigation System: 1

Forced Air: 1

Insurance Fee: 0

Cable: 1

Satellite: 1

Lake Acres: 14205

Lake Depth: 113

Sand: 1

Weeds: 1

Laundry Closet: 1

Laundry Room: 1

Lower Level: 1

Upper Level: 1

Land Leased: Not Applicable

Combo: 1

Accessible Shoreline: 1

Irregular Lot: 1

Tree Coverage - Medium: 1

Underground Utilities: 1

Homestead: Yes

Fractional Ownership: No

Finished Garage: 1

Garage Dimensions: 33x23

Garage Door Height: 7

Garage Door Width: 9

Garage Square Feet: 830

Floor Drain: 1

Garage Door Opener: 1

Heated Garage: 1

Insulated Garage: 1

Storage: 1

Composite Decking: 1

Deck: 1

Front Porch: 1

Patio: 1

None: 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

Pitched: 1

Existing In-Law w/Bath: 1

Existing In-Law w/Kitchen: 1

Cash: 1

Conventional: 1

City Sewer/Connected: 1

2nd Floor Laundry: 1

3 BR on One Level: 1

Primary Bdr Suite: 1

Two: 1

City Water/Connected: 1

Lake: 1

Panoramic: 1

North: 1

East: 1

House Number: 3115

Street Name: Lake Shore

Street Suffix: Boulevard

Postal City: Wayzata

County: Hennepin

State: MN

Zip Code: 55391

Complex/Dev/Subdivision: Thorpe Bros Groveland Shores