Business Journal: Wayzata Home Sells for Highest Sale Price in 5 Years

In Blog, Community News, Real Estate on June 18, 2014 by Community Expert Team
Business Journal: Wayzata Home Sells for Highest Sale Price in 5 Years

The home of former Alliant Techsystems Inc. CEO Daniel Murphy Jr. sold for $6.05 million this month, which is deemed the highest sale price of a single-family home on one lot in at least five years, according to the Minneapolis-St. Paul Business JournalThe home is located in Wayzata on Lake Minnetonka.

According to the journal, the 8,754-square-foot home has four bedrooms, each with their own bathroom, and sits on 0.82 acres with 178 feet of frontage on the lake’s Gray’s Bay. The property was listed more than a year ago for $7.2 million, but the price was adjusted to $6.45 million last August, the journal reported.

Read the full Business Journal story here.

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This local update courtesy of your Wayzata Community Expert.

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