A Bruce Schmitt-Designed Minnesota Estate Asking $7.895 Million

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Set along 100 feet of coveted shoreline on Lake Minnetonka, 2505 Cedar Point Dr represents a rare convergence of architectural pedigree, privacy, and refined lakeside living. Listed at $7,895,000, the four-bedroom, six-bathroom estate spans 9,683 square feet on nearly two acres in one of the most prestigious enclaves within Wayzata. Built in 1991 and extensively reimagined by its current owner, the residence captures the essence of high-caliber Wayzata Real Estate while preserving timeless craftsmanship.

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Designed by acclaimed architect Bruce Schmitt and constructed by respected builder Potter, the home was conceived with an emphasis on natural light, proportion, and enduring materials. Grand entertaining spaces unfold across the main level, where expansive windows frame serene water views and mature landscaping. According to listing agent Meredith A. Howell of Coldwell Banker Realty, “This is one of those homes where the scale is impressive, yet it never feels overwhelming. Every room was designed with intention.” She shared with Luxury Houses Magazine that the current owner invested significantly in thoughtful updates, blending classic detailing with modern functionality.

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SEE MORE: Exquisite Minnesota Estate by James Co. Homes and Alexander Design Group Lists for $7.5 Million

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Timeless Architecture Meets Modern Comfort

Inside 2505 Cedar Point Dr, craftsmanship is evident in every transition. A gracious living room anchored by a fireplace opens toward formal and informal dining spaces, creating a seamless flow ideal for both intimate gatherings and large-scale entertaining. The chef’s kitchen, outfitted with premium appliances and custom cabinetry, connects effortlessly to a sunroom that captures soft lake breezes during warmer months.

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Upstairs, four well-proportioned bedrooms offer privacy and comfort, including a serene primary suite with elevated views of Lake Minnetonka. The lower level extends the home’s entertaining capabilities with additional recreation areas and walk-out access to the grounds. Five fireplaces throughout the residence reinforce the home’s warm yet stately character. Drew Hueler, co-listing agent, told Luxury Houses, “Buyers at this level are seeking authenticity. They want architectural integrity, and this property delivers that in a way that’s increasingly rare in Minnesota Real Estate.”

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SEE MORE: 3.18-Acre Minnesota Valley Gem: Luxurious Residence Set Amidst Picturesque Rolling Hills Listed for $4.1 Million

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A Premier Address in Wayzata Real Estate

Wayzata has long been synonymous with waterfront prestige. Located just minutes from downtown Minneapolis via U.S. Route 12 and I-494, the city offers a rare balance between tranquil lake living and metropolitan accessibility. The vibrant downtown district features boutique shopping, fine dining, yacht clubs, and seasonal lakeside events that enhance the community’s appeal.

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Within the broader Minnesota Real Estate landscape, lakefront estates in the 55391 ZIP code consistently command premium valuations due to limited inventory and enduring demand. Properties along Cedar Point, in particular, are tightly held, often remaining in families for decades. One local market expert noted to Luxury Houses Magazine, “When a property on Cedar Point becomes available, it draws attention immediately because buyers understand the scarcity.”

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SEE MORE: An Architectural Masterpiece by Studio M Offers Resort-Style Living in Minnesota for $10.9 Million

Transaction History and Market Context

Public records show the property was originally completed in 1991, reflecting a period when custom lake estates emphasized permanence and classical design. The current tax-assessed value stands at approximately $5,083,700, with annual property taxes of $61,616. Over the years, luxury properties surrounding Lake Minnetonka have demonstrated resilience, supported by steady demand from executives, entrepreneurs, and legacy homeowners seeking privacy within reach of the Twin Cities.

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At $815 per square foot, 2505 Cedar Point Dr is positioned competitively among upper-tier waterfront offerings, particularly given its nearly two-acre lot and 100 feet of private frontage. “It’s the combination of land, architecture, and setting that makes this offering so compelling,” Howell added in a separate conversation with Luxury Houses.

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An Enduring Lake Minnetonka Legacy

Beyond its square footage and architectural lineage, 2505 Cedar Point Dr offers something less tangible but equally valuable: a sense of permanence. From summer mornings on the water to winter evenings beside one of five fireplaces, the home embodies the four-season lifestyle that defines lakeside Minnesota living. Its blend of grandeur and warmth reflects the evolving expectations of discerning buyers who value both heritage and modern convenience.

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For prospective purchasers seeking additional details, the listing is available on Zillow, and further information can be found through the official website of Coldwell Banker Realty. As Luxury Houses Magazine continues to follow notable listings across Lake Minnetonka, this residence stands out as a singular opportunity within the upper echelon of Wayzata Real Estate.

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* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*

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