A Detailed Look Both Inside and Outside of Lake Minnetonka’s 55 Million Dollar Home (Video Included)
The Woodland home was originally priced at 68 million
We’ve all heard about the 68 million dollar home here on the lake, well this is it. The price has been reduced to 55 million. I know a lot of you are thinking, “what are the taxes?” I can tell you that. 25k per month. 300k a year.
Before we get to the video of this absolutely stunning piece of property, let me run down some basics.
Property Overview
Location
Address: 2770 Gale Road, Woodland, MN 55391.
On approximately 8 acres of land with ~655 feet of west-facing shoreline on Lake Minnetonka.
In the “premium west-facing lakeshore” zone of Lake Minnetonka.
Size & Construction
Total size: Approximately 28,000–29,000 square feet of living space.
Bedrooms: 8 (or “8 beds”) plus additional guest accommodations and bunk-room in some references.
Baths: 11.5+ (or similar “18 bathrooms” in one article) depending on how you count guest houses.
Built: Completed in 2024 after 2 years design + 5 years construction.
Not previously lived in (owner passed away before occupancy).
Features & Amenities (Highlights)
Two guest houses, a pool-house, and a boathouse. Mansion Global+1
High end finishes: e.g., ~$4 million of Italian bullet-proof windows/doors, $3.5 million of field-stone from Connecticut, $500,000 of Egyptian lime on exterior patios. Mansion Global
Entertainment/wellness areas: bowling alley, golf simulator, movie theatre, salt-cave spa, wellness suite. Mansion Global+1
Price
Asking price: $55,000,000 (reduced from earlier ~$68 million) as of May 2025.
Why This Listing Stands Out
Rare land size & frontage: 8 acres + ~655 ft of premium west-facing shoreline is exceptional for Lake Minnetonka.
New ultra-luxury construction: Many homes on the lake are older; this is newly built with top‐tier materials.
Lifestyle amenity value: The location offers year-round lake lifestyle, not just seasonal—one reason the area is increasingly desirable.
Considerations & Questions You Should Ask
Before proceeding further you’ll want to confirm or investigate:
Property taxes / carrying cost: One article estimates taxes ~$25,000/month; mortgage etc. would also be substantial.
Occupancy / zoning / permits: Since the owner died before occupancy, verify all certifications (CO, occupancy), guest-house uses, boathouse/shoreline permits.
Return on investment / resale: At $55m, the market for comparable sales in the region is extremely limited. The risk and liquidity profile differ from more typical high-end homes.
Maintenance / upkeep of large compound: 8 acre estate with multiple buildings, boathouse + shoreline access → high maintenance cost and specialized management.
Environmental / shoreline regulation: Waterfront properties may be subject to specific state/county regulations (shoreland, boathouse, vegetation, lake access) which may affect future changes or costs.
Market comparables: Article notes the previous record sale in Minnesota was under $20 m, so this is well above regional precedent.
Location specifics & privacy: Although the estate is large and well‐appointed, verify access (road, driveways), privacy, neighboring parcels, etc. The listing calls it “double-gated”.
Now, let’s get on with what you came here to see. Hope you have a little bit of time, it’s a 55 minute 27 second video.