$6,530,000
Wayzata, MN 55391
MLS# 7023600
Status: Closed
5 beds | 7 baths | 8220 sqft

1 / 4
Property 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 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.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2026-06-01
Contingency: None
Current Price: $6,530,000
Closed Date: 2026-06-01
Original List Price: 6530000
Sales Close Price: 6530000
ListPrice: 6530000
List Date: 2026-06-01
Office/Member Info
Association: MAAR
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
Lot Dimensions: Common
Acres: 0.73
Bath Three Quarters: 1
Bath Half: 2
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
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
Foundation Size: 2238
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 0
Assessment Pending: No
Bedrooms: 5
Baths Total: 7
Bath Full: 4
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 005 RGT MTKA ARLINGTON HGTS-BLKS 63 & 64 THAT PART OF LOT 5 LYING EASTERLY OF A LINE DESCRIBED AS COMMENCING AT THE NORTHEAST CORNER OF SAID LOT 5 THENCE NORTH 87 DEGREES 28 MINUTES 21 SECONDS WEST (THE EAST LINE OF SAID LOT 5 HAVING AN ASSUMED B EARING OF SOUTH 2 DEGREES 31 MINUTES 39 SECONDS WEST) A DISTANCE OF 90.15 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT "A" THENCE NORTH 7 DEGREES 24 MINUTES 13 SECONDS WEST A DISTANCE OF 40.43 FEET TO THE NORTHERLY LINE OF SAID LOT 5 BEING THE P O INT OF BEGIN- NING OF THE LINE TO BE DESCRIBED THENCE SOUTH 7 DEGREES 24 MINUTES 13 SECONDS EAST A DISTANCE OF 40.43 FEET TO SAID POINT "A" THENCE CONTINUING SOUTH 7 DEGREES 24 MINUTES 13 SECONDS EAST A DISTANCE OF 55.13 FEET THENCE SOUTH O DEGREE
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 1830
Property ID Number: 0611722440022
Tax Year: 2026
Tax Amount: 64640.36
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: Take 101 North (then North Bushaway Rd) to Eastman Lane west to East Shady Lane to house.
Accessible
Soaking Tub: 1
Air Conditioning
Central Air: 1
Amenities Unit
Deck: 1
Dock: 1
Exercise Room: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Kitchen Window: 1
Panoramic View: 1
Patio: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Sauna: 1
Tile Floors: 1
Walk-In Closet: 1
Other: 1
Appliances
Air-To-Air Exchanger: 1
Central Vacuum: 1
Chandelier: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 64640.36
Basement
Concrete Block: 1
Drain Tiled: 1
Egress Windows: 1
Full: 1
Sump Pump: 1
Bath Description
Double Sink: 1
His and Her Closets: 1
Primary Walk-Thru: 1
Sauna: 1
Main Floor 1/2 Bath: 1
Upper Level 3/4 Bath: 1
Upper Level Full Bath: 1
Full Primary: 1
Private Primary: 1
1/2 Basement: 1
Full Basement: 1
Two Basement Baths: 1
Bathroom Ensuite: 1
Jetted Tub: 1
Separate Tub & Shower: 1
Building Information
Finished SqFt Above Ground: 5689
Finished SqFt Below Ground: 1836
Construction Status
Previously Owned: 1
Dining Room Description
Eat In Kitchen: 1
Informal Dining Room: 1
Kitchen/Dining Room: 1
Separate/Formal Dining Room: 1
Electric
200+ Amp Service: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 10-15
Elevation Highpoint to Waterfront Slope
Gradual: 1
Exterior
Cement Board: 1
Family Room Characteristics
2 or More: 1
Entertainment/Media Center: 1
Family Room: 1
Great Room: 1
Main Level: 1
Financing Terms
Cash: 1
Fireplace Characteristics
Family Room: 1
Gas Burning: 1
Living Room: 1
Wood Burning: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Forced Air: 1
Humidifier: 1
In-Floor Heating: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Cable: 1
Fiber Optic: 1
Satellite: 1
Lake Details
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Weeds: 1
Laundry
Gas Dryer Hookup: 1
Laundry Room: 1
Lower Level: 1
Main Level: 1
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
Heated Garage: 1
Insulated Garage: 1
Patio, Porch and Deck Features
Deck: 1
Patio: 1
Rear Porch: 1
Screened: 1
Pool Description
None: 1
Public Survey Info
Range#: 22
Section#: 06
Township#: 117
Roof
Age Over 8 Years: 1
Asphalt Shingles: 1
Sewer
City Sewer - In Street: 1
City Sewer/Connected: 1
Special Search
3 BR on One Level: 1
4 BR on One Level: 1
Main Floor Laundry: 1
Primary Bdr Suite: 1
Stories
Two: 1
Water
City Water - In Street: 1
City Water/Connected: 1
Waterfront Type
Lake Front: 1
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
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
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.