Jimmy Jam’s Former Lake Mtka. Home On Auction BlockThe view of Lake Minnetonka from the house that Jimmy Jam built is breathtaking. This 22,000-square-foot property sits on 3.5 acres, complete with 300 feet of Lake Minnetonka shoreline. WCCO was the first to show viewers inside the home before it went up for sale last summer. Scott Stabeck of the Stabeck Group at Lakes Sotheby's Realty in Wayzata is the listing agent.