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Wayzata house sells for $6M, highest-price sale in 5 years

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The Wayzata house of former Alliant Techsystems Inc. CEO Daniel Murphy Jr. has sold for $6.05 million, the highest-priced sale of a single family home on a single lot in the Twin Cities in five years, the Business Journal reports.

The 8,700-square-foot home on Gray's Bay on Lake Minnetonka was listed by Sotheby's International.

Features: four bedrooms, each with its own bathroom, a billiards room, screen room, five-car garage, four fireplaces, and 178 feet of frontage on the lake.

The property was listed a year ago for $7.2 million, but the price was reduced to $6.45 million two months later, the Business Journal reported. More photos here.

The Wayzata house was not the most expensive home on the market in Minnesota – check out the state's pricest properties on Zillow and this luxury real estate blog.

In a deal last year, two wealthy Twin Citians – real estate mogul Ralph Burnet and Cargill Inc. heir Donald McMillan – swapped dream houses. That sale involved an even bigger sale than the Wayzata deal, a $9.1 million home, but it involved multiple lots.

In other luxury real estate news, the 8,600-square-foot waterfront Chanhassen home of departing Vikings star Jared Allen is for sale for $1.75 million.

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