2770 Gale Road, Wayzata
Listing courtesy of Engel & Volkers Minneapolis Downtown.
(952) 473-1000
Real Estate Company
On the western shore of Lake Minnetonka — where legacy, land, and craftsmanship converge — a singular estate has come to market at $50 million, making it the most expensive residential property ever listed on the MLS in Minnesota. Located at 2770 Gale Road in Woodland, this eight-acre compound is more than a landmark. It is the final, painstaking vision of Bob Lothenbach — a man whose name carries weight in business, in racing, and now, in the architectural story of the lake itself.
Lothenbach didn’t live in the shadows. He may have moved quietly across Lake Minnetonka, but in the horse racing world, he was a national force — a thoroughbred owner and breeder whose stables were known coast to coast. In Minnesota business circles, he was equally respected: the founder of Imagine! Print Solutions, one of the largest commercial printing companies in North America. Across these worlds, one thing was consistent: Bob Lothenbach was a man who made things happen — deliberately, elegantly, and often at scale.

Born in 1959 in Bloomington, Minnesota, Lothenbach graduated from Bloomington Kennedy High School and entered the workforce with a printer’s mindset and a start-up spirit. In 1988, he founded a small company called Bob’s Printing, launching it with $1,800, a single press, and a drive to outperform his competition in quality and turnaround. That company evolved into Imagine! Print Solutions, headquartered in Shakopee, Minnesota.
Imagine! grew into a full-service commercial printing and marketing execution powerhouse, producing everything from retail displays and packaging to large-format graphics and direct mail for national brands. At its peak, the company employed over 1,200 people and operated out of a million-square-foot facility, serving some of the biggest names in retail and consumer goods. Lothenbach’s leadership was hands-on, strategic, and growth-focused — combining Midwestern work ethic with national reach. The company earned accolades for innovation, speed, and scale, and Bob was named Executive of the Year by Printing Impressions magazine.
In 2016, he sold Imagine! to private equity firm Oak Hill Capital Partners and its platform company, Midnight Oil. But Bob wasn’t finished. He later re-entered the industry under the name Imagine Express, a digital and on-demand print operation that allowed him to stay close to the work he loved while embracing evolving technologies. Whether running a billion-dollar print operation or walking a pressroom floor, Bob approached business with humility, precision, and a relentless pursuit of quality.
But it was on the racetrack where his name became truly iconic. Through Lothenbach Stables, Bob built one of the most respected racing operations in the country. His horses competed — and won — at the highest levels, with graded stakes victories at Saratoga, Keeneland, Churchill Downs, and his home track, Canterbury Park. In 2023, he was inducted into the Canterbury Park Hall of Fame, a testament to decades of success, investment, and love for the sport.
More than 793 career wins. Over $30 million in purse earnings. And an unwavering commitment to the horses, trainers, and communities that made it possible.
His impact extended well beyond the finish line. Lothenbach was a philanthropist who gave generously through the Lothenbach Family Foundation, supporting children’s literacy programs, mental health initiatives, and backstretch communities across the country. He championed organizations like Horses for Mental Health and Abijah’s on the Backside, demonstrating that even in a sport defined by competition, there’s room — and need — for compassion.
The estate at 2770 Gale Road reflects this same blend of ambition and heart.
Designed over two years and constructed over five, the project brought together Minnesota’s finest: John Kraemer & Sons for construction, TEA2 Architects for exterior design, PKA Architecture for interiors, MartinPatrick3 for styling and finishes, and Scott Ritter of TOPO for landscape architecture. The property includes a 28,980-square-foot main house, two guest residences, a pool house, lake porch, and one of the few new boathouses on the lake — built precisely at the water’s edge.
No detail was overlooked. Italian-imported, bulletproof windows. A hand-carved marble bathtub valued at over $700,000. Custom furnishings, fireplaces, ironwork, and millwork sourced globally and installed locally. Lothenbach personally traveled to vet artisans, approve materials, and shape the feel of each room — not just as a home, but as a future heirloom.
Tragically, Bob passed away in November 2023, before receiving the Certificate of Occupancy. The home, now complete, was never lived in — a rare and poignant artifact of a life spent building legacies rather than just residences.
For those searching for information on Bob Lothenbach and his connection to Lake Minnetonka today, they won’t just find a property. They’ll find a story. One of vision, values, and unmatched execution.
2770 Gale Road now enters the market not as a flip or a marketing project — but as a once-in-a-generation opportunity to inhabit a place born from passion, precision, and permanence. It is a place where sunset views meet handcrafted stone. Where architecture meets ambition. Where Lake Minnetonka history --and celebrity, gains a new chapter.
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