16515 Prospect Place, Wayzata, MN 55391 (MLS# 6700794)


$699,900
16515 Prospect Place
Wayzata, MN 55391
MLS# 6700794
Status: Closed
4 beds  |  3 baths  |  2494 sqft


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Property Description
Relaxed lake-life meets high style and sophistication. Completely updated and remodeled, every detail has been meticulously finished to the highest standards. The open floorplan is filled with natural light and tranquil views. The brand-new kitchen is complete with top-of-the-line stainless steel appliances, professional vent hood, elegant quartz countertops, custom tile backsplash, pot-filler, and beautiful cabinetry that provides thoughtful storage and plenty of space for everything. A separate pantry tops it off perfectly. Don’t miss the built-in coffee station – a custom touch sure to impress the barista in your home! Modern LVP floors flow seamlessly throughout the kitchen, living, and dining areas. The main floor private owner’s suite showcases two separate closets, double vanities, and separate shower. A seated makeup vanity completes the private bath suite. The second bedroom and full bath are also located on the main floor. Enjoy cozy evenings by the wood-burning fireplace located in the main floor living room, perfect for creating memorable moments with family and friends. Two dining options include a large eat-in kitchen with built-in banquette seating or you may prefer the casual dining space adjacent to the living room. The daylight basement offers additional living spaces including 2 bedrooms another ¾ bath, an office and a generous family room with daylight views of the nearly ½ acre yard. The charming wine bar just off the family room is sure to delight. Situated on a large homesite with mature trees, this home also offers a screened gazebo creating a delightful opportunity for entertaining or relaxing. The oversized garage offers plenty of space for your vehicles and storage needs. Location is everything, and this home delivers! Just a short walk to the picturesque trails of Lake Minnetonka and only one block from the charming Libbs Lake. Close to Lake Minnetonka recreation, grocery stores, dining options and world-class schools.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-04-21
Contingency: None
Current Price: 708150
Closed Date: 2025-06-30
Original List Price: 699900
Sales Close Price: 708150
ListPrice: 699900
List Date: 2025-04-10
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 3
Bath Full: 1
Bath Three Quarters: 2
Main Floor Total SqFt: 1247
Above Grd Total SqFt: 1247
Below Grd Total SqFt: 1247
Total SqFt: 2494
Total Finished Sqft: 2482.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1247
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 199x156x233x35
Acres: 0.44
Assessment Pending: No
Location Tax and Other Information
House Number: 16515
Street Name: Prospect
Street Suffix: Place
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Thorpe Bros Groveland Shores
Assessments
Tax With Assessments: 6653
Basement
Foundation Dimensions: 43x29
Building Information
Finished SqFt Above Ground: 1247
Finished SqFt Below Ground: 1235
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: MAAR
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 26x24
Garage Square Feet: 624
Public Survey Info
Range#: 22
Section#: 17
Township#: 117
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Ethernet Wired; Kitchen Window; Main Floor Primary Bedroom; Tile Floors; Walk-In Closet; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Bath Description: Double Sink; His and Her Closets; Main Floor 3/4 Bath; Main Floor Full Bath; Private Primary; 3/4 Basement
Construction Materials: Frame
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room
Electric: 200+ Amp Service
Exterior: Brick/Stone; Cement Board
Family Room Characteristics: Lower Level
Financing Terms: Cash
Fireplace Characteristics: Living Room
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Electric Dryer Hookup; Gas Dryer Hookup; Laundry Room; Lower Level
Lock Box Type: Supra
Lot Description: Corner Lot; Tree Coverage - Medium
Outbuildings: Gazebo
Parking Characteristics: Garage Door Opener
Pool Description: None
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Special Search: Main Floor Bedroom; Main Floor Primary
Stories: One
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Kitchen20x10Main
Second (2nd) Bedroom14x11Main
Living Room18x13Main
Fourth (4th) Bedroom14x13Lower
Office11x9Lower
Laundry5x12Lower
Family Room17x14Lower
First (1st) Bedroom14x14Main
Third (3rd) Bedroom14x13Lower

Listing Office: Coldwell Banker Realty

Last Updated: July - 03 - 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.

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