Lafayette Bay: Lake Minnetonka Real Estate™

Lafayette Bay, located on the southeastern side of Lake Minnetonka, is one of the most desirable locations for lakefront living. Known for its stunning natural beauty, rich history, and easy access to nearby amenities, Lafayette Bay attracts homebuyers, boaters, and outdoor enthusiasts alike. The bay is situated near the charming communities of Minnetonka Beach and Orono, offering residents the perfect blend of lakeside tranquility and modern convenience

Why Choose Lafayette Bay?

Scenic beauty and lifestyle: Lafayette Bay is known for its crystal-clear waters, peaceful setting, and scenic shoreline. It provides an excellent environment for fishing, boating, kayaking, paddleboarding, and other recreational activities. The bay has moderate boat traffic, making it a great place to enjoy a day on the water without the congestion of busier areas.

Prime location and accessibility: Lafayette Bay offers convenient access to major roadways such as County Road 15, making it easy to travel to nearby towns like Wayzata, Long Lake, and Mound. The area is also home to the historic Lafayette Club, a prestigious social and recreational club offering golf, tennis, dining, and social events. This landmark enhances the community feel of Lafayette Bay and provides residents with an exclusive lakeside retreat.

Notable nearby bays, islands, and points: Lafayette Bay is in close proximity to Crystal Bay, Browns Bay, and Wayzata Bay. These adjacent bays provide additional opportunities for boating, dining, and exploring the vibrant Lake Minnetonka lifestyle. Huntington Point, Recreation Point, West Point, and Big Island lie to the South East of Lafayette Bay. The Narrows leading into Old Channel Bay go under a bridge on Shadywood Road.

Water Quality & Clarity

Lafayette Bay is known for its excellent water quality and clarity, making it one of the most desirable bays on Lake Minnetonka for swimming, boating, and fishing. The bay benefits from natural water circulation, which helps maintain its cleanliness throughout the year. Seasonal variations may affect clarity levels, but conservation efforts from local organizations and homeowners contribute to preserving the bay’s pristine condition.

Real Estate on Lafayette Bay – What to Expect

Types of homes: The Lafayette Bay area features a variety of luxury estates, modern lakefront homes, and historic residences. Many properties in this area offer expansive lake frontage, providing breathtaking views and direct water access.

Desirable property features: Homes on Lafayette Bay often include private docks, large lakefront patios, and wooded lots that provide privacy and a natural setting. Architectural styles range from classic lake cottages to contemporary luxury estates with custom amenities designed for high-end lake living.

Real estate market trends: The Lafayette Bay real estate market remains highly competitive, with limited inventory and strong demand. Homes in this area tend to sell quickly, reflecting the desirability of the location. Prices vary depending on factors such as lot size, water frontage, and property features, but Lafayette Bay remains one of the premier areas for lakefront homeownership on Lake Minnetonka.

Schools and School District

Families living in the Lafayette Bay area are served by the highly regarded Orono School District, known for its strong academic programs and community engagement.

  • Orono Intermediate School: Focuses on foundational learning for elementary students.
  • Orono Middle School: Provides a supportive and challenging academic environment.
  • Orono High School: Recognized for its academic excellence, athletic programs, and extracurricular activities.

The district's commitment to small class sizes and individualized learning makes it an excellent choice for families seeking a top-tier education for their children.

Buying or Selling on Lafayette Bay

If you’re considering buying or selling a home on Lafayette Bay, working with a knowledgeable local real estate expert is essential. With deep expertise in the Lake Minnetonka market and a client-focused approach, I am here to help you navigate every step of the process. Contact me today to explore available listings or discuss how to maximize the value of your lakefront property. Let’s make your dream of living on Lafayette Bay a reality.

Latest listings on Lafayette Bay:

$7,495,000
ACTIVE Status ⋅ 5 Beds ⋅ 8 Baths ⋅ 6805814 MLS ⋅ 9,114 SqFt.
Breathtaking remodel by Charlie Simmons + Anderson Reda, this stunning Minnetonka Beach home offers 140’+ of lakeshore on sought-after Crystal Bay! Enjoy the open flowing floorplan with floor-to-ceiling windows showcasing beautiful water views from the entire main-level! Gourmet kitchen with two center islands, high-end appliances and sliding glass doors that open to the outdoor dining area, creating the perfect blend of indoor + outdoor living. Family room with access to the back patio overlooking the pool. Additional main-level features include the spacious office; large laundry room with 2 washers + dryers and ¾ bath off the pool entrance for ease when entertaining. Upper-level offering a loft area and three bedrooms including a junior suite and spacious primary suite with den, two spa-like bathrooms, two walk-in closets and gorgeous water views! The lower-level is the perfect gathering space with family room; wet bar; game area; expansive exercise room and two junior suites! Amenities include an elevator to easily access all three levels; 4-car heated garage; large pool; and guest house with 2 bedrooms; 2 bathrooms; kitchen and family room. Serene 1.56 acre setting landscaped to maximize privacy! Steps away from the Lafayette Club and the Dakota Trail, bike to all the amenities downtown Wayzata has to offer!

2657 Woodbridge Road, Minnetonka Beach

Listing courtesy of Coldwell Banker Realty.

$1,085,000
CLOSED Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7055625 MLS ⋅ 2,615 SqFt.
Prime fully remodeled walkout 3 bedroom, 3 bath, 2 fireplaces, 3 car heated garage, on half acre lot with owner outlot on Lafayette Bay Lake Minnetonka. Power to dock area. See supplement for extensive list of improvements, cherry cabinets, granite counter tops, Anderson windows, deluxe owners bathroom, heated roof installed by seller. Cannot go wrong with this investment. Minnetonka schools, Excelsior Address. Tax is for both lots. two PID.

30 Interlachen Lane, Excelsior

Listing courtesy of Coldwell Banker Realty.

$2,875,000
ACTIVE Status ⋅ 5 Beds ⋅ 6 Baths ⋅ 7032293 MLS ⋅ 4,899 SqFt.
Welcome to an extraordinary opportunity where timeless village charm meets lakeside living. Perfectly positioned on an oversized, south-facing lot, this home enjoys sweeping, sun-drenched water views from almost every room. Nestled on a tree-lined lane and close to the village center, this location perfectly balances community and convenience. Nearby, find a playground, city hall, and post office, while parks, skating rinks, and a sandy beach are just minutes away. Outdoor enthusiasts will love being just one block from the Dakota Rail Trail, while the iconic Lafayette Club is only moments away. Rebuilt in 2015, with a 2023 addition, remodel and new updates throughout, this home is like new, with a fresh, coastal-inspired design, light-filled spaces, and thoughtful finishes. With five bedrooms and multiple flexible living areas, the layout adapts effortlessly to modern living. The upper level offers three bedrooms and two bathrooms, while the walkout lower level provides a private guest retreat with an additional bedroom, bathroom, and a family room with lake views and direct outdoor access—perfect for hosting. On the main level, the serene primary suite offers a sanctuary and the convenience of main floor living. The open-concept great room captivates with panoramic lake views, while separate rooms provide versatile spaces for a home office, music room, den, or formal dining. A beautifully appointed new butler’s pantry, mudroom, and Everything room with laundry, home management center, and ample storage create a central hub for everyone and lake living. An additional large flex room is ideal for a home gym, playroom, or secondary family room—endless possibilities await. Car enthusiasts will appreciate the new, heated three-car garage with epoxy flooring, floor drains, hot and cold running water, and an EV charging outlet. Above, a fully conditioned bonus room offers space for a home office, studio, or additional guest accommodations. A large, fenced yard with perennial gardens and mature trees provides privacy, functionality, and seamless indoor/outdoor living. The property includes 140 feet of Grade A Lake Minnetonka shoreline on Lafayette Bay and a large private dock with boat canopy. Move-in ready and impeccably maintained, this rare property offers luxury, community, and iconic Lake Minnetonka living—all just 25 minutes from downtown Minneapolis.

3017 Brooks Lane, Minnetonka Beach

Listing courtesy of Lakes Sotheby's International.

$1,550,000
CLOSED Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 6794353 MLS ⋅ 3,259 SqFt.
Experience the best of Lake Minnetonka living with this one-of-a-kind Tonka Bay gem, offering over 3,200 finished square feet of thoughtfully designed space in a prime waterfront location. Set on a .75-acre lot with 75 feet of shoreline along a quiet channel leading to Lafayette Bay, this property combines privacy, effortless water access and year-round enjoyment. A rare year-round dock sets this property apart, providing seamless access to boating, kayaking and fishing. Inside, the home showcases a blend of character and unique architecture. The vaulted living room features floor to ceiling windows framing tranquil water views and filling the space with natural light. The main level offers a highly desirable layout with four bedrooms on one floor, including a spacious primary suite with its own private waterside deck, walk-in closet, and ensuite bath. Multiple access points to the main deck make indoor-outdoor living a breeze, whether you’re entertaining or simply enjoying mornings overlooking the waterfront. The walkout lower level is a central gathering space featuring a family room with a cast-iron wood-burning stove on a grand marble hearth, wet bar, and patio access just steps from the water. The lower level also includes a media room, exercise area, and spa room with hot tub and bath. The shower can even be converted into a steam shower for true at-home relaxation. Exceptional functionality completes the home, including a massive 22’ x 23’ Spancrete storage space that doubles as a storm shelter and connects to a heated, lower-level garage/workshop with a new insulated garage door. With five baths, including one conveniently located near the workshop, this home blends a smart design with waterfront living. Built with quality craftsmanship and distinctive architecture, this Lake Minnetonka home offers a balance of comfort, setting, and lifestyle in one of the area's most desirable communities, within the award-winning Minnetonka School District. Welcome to Tonka Bay – where the living is both refined and relaxed, season after season.

55 Interlachen Drive, Tonka Bay

Listing courtesy of RE/MAX Results.

$2,050,000
CLOSED Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 6810631 MLS ⋅ 1,750 SqFt.
Gorgeous Lake Minnetonka build site overlooking 100’+ on Lafayette Bay! Enjoy long water views and “A” grade water quality with sandy lakeshore. Tranquil .47 acre setting at the end of a non-through street offering unparalleled privacy. First time available in 44 years! Located just minutes to all the amenities downtown Excelsior has to offer! Premier Minnetonka School District. Structure on the property is a tear down, value is in the land. Open to all builders. Truly a must-see!

36 Interlachen Court, Excelsior

Listing courtesy of Coldwell Banker Realty.

$1,487,750
CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6747957 MLS ⋅ 3,900 SqFt.
Lake Minnetonka living at its finest on Big Island. Thoughtfully updated, this exceptional retreat offers open-concept living with floor-to-ceiling windows that frame stunning lake views. The interior evokes a clean, coastal feel with timeless nautical touches throughout. Chef’s kitchen features professional-grade appliances and sleek finishes, ideal for entertaining. Three spacious bedrooms with ensuite baths provide comfort and flexibility, including an impressive upper-level suite boasting panoramic views. The lower level offers a large family room, and custom built-in bunks perfect for guests. Enjoy two expansive decks, a hot tub, and a lakeside fire pit, perfect for long summer evenings. With 320 feet of south-facing sandy shoreline, this property is a true playground for swimming, boating, and fishing. Whether you’re seeking a serene summer getaway or a year-round lakeside residence, this is the one.

560 Big Island, Orono

Listing courtesy of Coldwell Banker Realty.

$895,000
CLOSED Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 6676505 MLS ⋅ 2,110 SqFt.
This rare Lake Minnetonka townhome wasn’t just listed—it was presented. Positioned on a private 4-acre peninsula with over 1,100 feet of pristine shoreline, this home offered more than just lakefront—it offered a lifestyle. Featuring a private 32-foot dock slip, expansive water views, and a beautifully updated two-story layout, every detail was highlighted to attract discerning lake buyers. From the rich hardwood floors and vaulted, sun-filled living spaces to the chef’s kitchen with cherry cabinetry and double-oven range, we showcased how this home was designed for both everyday elegance and effortless entertaining. The vaulted primary suite with fireplace and spa bath added the kind of luxurious touch today’s buyers expect. Professional staging, strategic copywriting, and high-impact visuals helped tell the story of refined lakeside living—and the results spoke for themselves. Low-maintenance living, private trails, firepits, and community amenities were all brought to life in a way that connected emotionally with buyers.

22 W Point Place, Tonka Bay

Listing courtesy of RE/MAX Advantage Plus.

$2,120,000
CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6685388 MLS ⋅ 3,199 SqFt.
Extraordinary opportunity to live surrounded by Lake Minnetonka! This property features over 100 feet of quiet water shoreline for a year-round dock and canopy, plus an additional 70 feet of sandy shoreline with a beach area, fire pit, and private swimming hole right off your back deck. The interior was beautifully remodeled in 2021, boasting new Cambria countertops, fresh interior and exterior paint, a refreshed primary bath, new doors and trim, a backup generator, and a hot tub—plus much more. Designed for both living and entertaining, the home includes a lower-level pub with heated floors, four bedrooms upstairs, and an additional living room with stunning lake views. A spacious top-floor bonus room offers even more flexibility. Don’t miss the recently insulated and sheetrocked loft above the garage—ideal for a private office or workout space. Located in the Minnetonka School District, within the sought-after Minnewashta Elementary boundary.

55 Fairhope Avenue, Excelsior

Listing courtesy of Compass.

$6,600,000
CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6562621 MLS ⋅ 6,808 SqFt.
Welcome to your dream home on the stunning shores of Lake Minnetonka! This resort-like 4-bedroom, 4-bathroom residence offers breathtaking views of LaFayette Bay from virtually every room. Start your day with a serene sunrise from your private deck off the primary suite. Experience the best of indoor-outdoor living with a state-of-the-art kitchen, expansive living areas, and seamless access to the outdoors. Stay active and entertained with a full gym and room for a golf simulator. Immerse yourself in the complete Sonos sound system and enjoy the latest technology with all-new electronics. Step outside to your private paradise, featuring a sparkling pool, hot tub, putting green, and 180-feet of beautiful lakeshore. Relax under the pergola or cook up a feast in the outdoor kitchen. Close to all the fun in Wayzata and Excelsior, with Byerly’s conveniently down the road. This home is designed for those who appreciate the finest in lakefront living and modern luxury. Don't miss the opportunity to make this exceptional property your own!

2440 Old Beach Road, Wayzata

Listing courtesy of Coldwell Banker Realty.

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