964 E Shady Lane Wayzata, MN 55391

$6,530,000
Sold
estimated monthly payment
5 Beds  |  7 Baths  |  7,525 Sq Ft  |  Single Family  |  MLS # 7023600
  • Welcome to 964 Shady Lane
    Welcome to 964 Shady Lane

About The Listing

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 courtesy of Elizabeth C Ulrich, Compass
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
Ask a Question
Your message has been sent.
Oops! that doesn't seem right.
SEND
Sign Up for a Free Monthly Market Report
Never miss out on the latest stats trends and homes in your community.
Get It Now

Property Details

Features

 
 
 
Property Type: Single Family
Status: Sold
Contingency Type: None
Year Built: 1935
MLS #: 7023600
Bedrooms: 5
Square Feet: 7,525
Bathrooms (Full): 4
Price Per Square Foot: $868
Bathrooms (Half) : 2
Bathrooms (Three Quarters) : 1
Garage Spaces: 3
Parking Description: Attached Garage, Asphalt, Electric, Electric Vehicle Charging Station(s), Heated Garage, Insulated Garage
Sewer Description: City Sewer/Connected, City Sewer - In Street
Air Conditioning Type: Central Air
Water: City Water/Connected, City Water - In Street
Heat Type: Boiler, Forced Air, Fireplace(s), Humidifier, In-Floor Heating
Basement: Block, Crawl Space, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Sump Basket, Sump Pump
Foundation Type: Block, 8 ft+ Pour
Roof Description: Age Over 8 Years, Asphalt
Days On Market (Continuous): 0
Disability Features: Soaking Tub
Latest Update: 06/01/2026
List Date: 06/01/2026
Listing Agent ID: 502039827
Listing Office: Compass
Listing Office ID: 49293
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Air-To-Air Exchanger, Central Vacuum, Chandelier, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Fireplace Features: Family Room, Gas, Living Room, Wood Burning
Laundry Features: Gas Dryer Hookup, Lower Level, Laundry Room, Main Level
Number of Fireplaces: 4
Exterior Features: Cement Board
Lot Size: 0.73 Acres
Pool Description: None
Waterfront: Lake Front
School District: Wayzata
Tax Year: 2026
Estimated Taxes: $64,640
Contingency Type: None
City: Wayzata
Zip: 55391
County: Hennepin
Subdivision: Rgt Mtka Arlington Hgts-Blks 63 & 64
State: MN

Similar Homes

Listing last updated: 06/01/26

® Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Information Deemed Reliable but not guaranteed.