Opportunities like this are increasingly rare in downtown Wayzata - a quiet, private dead-end street, an unusually large 54x165 lot & a location that puts Lake Minnetonka, restaurants, shops, coffee, parks & everything downtown Wayzata has to offer just outside your door. Add easy highway access & eligibility for Wayzata's resident boat slip lottery, and this is a home that offers an exceptional combination of location, lifestyle & long-term potential. Inside, the 4-bedroom, 3-bath layout offers a variety of ways to live, work & entertain, with comfortable spaces across multiple levels. A main-level bedroom with convenient access to a bath featuring a steam shower provides added versatility, while additional bedrooms, living spaces & abundant storage create plenty of room to spread out. The kitchen features a Viking refrigerator, Electrolux gas range & GE dishwasher. The home has also benefited from substantial investment in its major systems & mechanicals over the years, including the roof with copper dormers, 2 furnaces, 2 A/C units, water heater, water softener, irrigation system & reverse osmosis system by Water Doctors. Outside is where this property becomes especially difficult to replicate downtown. The oversized backyard has been completely reimagined with a flat fenced-in yard, extensive landscaping & patio, creating an incredible setting for outdoor living, entertaining or simply enjoying your own private space. With 4 bedrooms, 3 baths, a 2-car garage, abundant basement storage & considerable investment throughout the property, this is a rare opportunity to own a beautiful home with an exceptional yard in one of Wayzata's most desirable walkable locations, all within the award-winning Wayzata School District.