Older homes are an endangered species on red-hot real estate like Lake Minnetonka.
Rick and Jeanne Carter knew that their 1970s split-level in Excelsior was a tempting teardown target when they bought it in 2014.
"It was in rough shape," Jeanne recalled. "Very '80s."
The 2,800-square-foot home had yellowing popcorn ceilings throughout, and the kitchen was a relic from the Reagan era.
But the house had an irresistible location — on Lafayette Bay, less than 30 minutes from Rick's office in Minneapolis' North Loop.
"I loved the openness out to the lake," said Jeanne of the home's level backyard.
Rick had been yearning for lakeshore ever since his parents sold the family cabin.
"I grew up being on a lake," he said. "Most of my life there was a cabin to go to."