Back 964 Shady Lane East
Off Market

964 Shady Lane East

Wayzata MN 55391

5
7
3
8220 sq. ft.
0.73 ac.
Single-Family
Last sold for $6,530,000
Elizabeth UlrichElizabeth Ulrich, last sold this property on 01 June 2026 after -1 days on market.

Overview

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.

Features

5 bedrooms
7 bathrooms
3 carspaces
3 garage spaces
8220 sq. ft. floor area
0.73 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Wayzata over the last 12 months, the estimated median property value of 964 Shady Lane East is $1.77m.

Median value
$1.77m
Estimated value range
$575k - $8.5m
Median days on market
35
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wayzata. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 964 Shady Lane East

2026
Sold
$6,530,000
01 Jun 2026 by Elizabeth Ulrich, of Compass

Happy sellers in Wayzata

90%
90% of sellers in Wayzata reported that their sale price either exceeded or met their price expectations.

Wayzata stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Wayzata over the last 12 months.

Local market activity for 5 bedroom single-family properties in Wayzata

In the last 12 months, 43 five-bedroom single-family properties similar to 964 Shady Lane East, have been sold.

This represents a 25% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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