An exceptional opportunity to remodel or build a new home in historic Minnetonka Beach. Situated in the award-winning Orono School District, this property boasts big water views of Lafayette Bay and includes a 32' association dock slip on Lake Minnetonka, providing endless recreational opportunities. The Lafayette Ridge Homeowners Association offers a private covered dock, beach access, a waterfront gazebo, and athletic courts, all conveniently located near the Dakota Walking Trail, Lafayette Country Club, and nearby local dining and shopping options. Although the value of this property is completely in the land, notable home highlights include vista lake views, practical main floor living with a primary suite, laundry, and both formal and casual dining and entertainment spaces. The upper level offers three additional bedrooms and a den, while the walkout lower level features multiple entertainment spaces, storage, flex space, and a summer kitchen. With a rare combination of lake access, a desirable Minnetonka Beach location, and Orono Schools, this is the ideal setting for your next real estate investment.