This is a rare opportunity to enjoy lake life in a newly renovated walk-out with owned out-lot and dock/lift on Lake Minnetonka. Every room in this home has been updated: new Windows, Doors, Furnace, and Roof (with 50 year transferable warranty)! This 3 bedroom, 3 bath home is a Must-See; situated only 3 miles from downtown Excelsior and 1 mile from groceries, restaurants, hardware store, and gas stations in Navarre. This charming neighborhood in coveted City of Tonka Bay, with Minnetonka Schools, is on a dead-end point in Lafayette Bay, with nearby access to walking and biking on Dakota & Luce Line trails. The home is set on a half-acre lot with mature trees and lake views from the kitchen and living room. Open kitchen with cherry cabinets, granite countertops, stainless appliances, heated floors, and breakfast bar. The spacious west facing hardwood deck with natural gas grill overlooks the lake and backyard. The large main-floor master suite features a private sunroom and a luxurious private bathroom with heated floors, a large walk-in shower, 2-person jacuzzi tub, and double vanities. The insulated 3-car garage/shop, with heated floor in the extra-large 3rd stall, gives ample sheltered parking and work space. The large laundry room has a sunny west facing window and extra counter space for projects. The walk-out features: a wet bar, ½ bath, 2 sided wood burning fireplace, and French doors that open to the heated patio slab. The garage entrance mudroom has built in shoe rack, with drawers and closet for additional storage. Every inch of this property, has been meticulously looked after, updated, and remodeled so you can start your next chapter, living and boating on Lake Minnetonka.