Johnson Hoiseth Lake Minnetonka Real Estate Logo
Description Open House Details Location Market Trends Schools Recent Sales Virtual Tour
$1,100,000 Est. $4,050 / mo.*

481 Peavey Lane Wayzata , MN 55391

Listing courtesy of Hale Properties, Inc.

Description

2 Beds
2 Baths
1,583 Sqft
112,820 Sqft lot
2.59 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1981
Neighborhood: Ferndale Woods
Days on Website: 53
Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild Opportunity Tucked at the end of a quiet cul-de-sac, this 2.5-acre property offers a rare combination of privacy, space, and potential minutes from downtown Wayzata. The existing all-brick walkout rambler has been well maintained by the current owner and offers a smart layout with main level primary bedroom, and generous room sizes throughout. The lower level is a walkout with high ceilings, ready to be finished to suit your needs. The oversized 3-car garage is extra deep, heated, and fully equipped with hot and cold water, drains, and a built-in air compressor system. The lot is wide and deep, with mature trees and a stream running through the back of the property. Whether you’re considering a remodel, an expansion, or a full rebuild, the site offers flexibility and long-term upside. Blueprints are available.

Open House

Property Details and Features

Appliances & Equipment
Description:
"Cooktop", "Dishwasher", "Disposal", "Dryer", "Microwave", "Refrigerator", "Stainless Steel Appliances", "Trash Compactor", "Wall Oven", "Washer", "Water Softener Owned"
Basement
Description:
"Block", "Unfinished", "Walkout"
Bathrooms
Description:
"3/4 Primary", "Main Floor 3/4 Bath", "Main Floor Full Bath", "Rough In"
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$1,100,000 - 2Br/2Ba - for Sale in Ferndale Woods, Wayzata
Virtual Tour

Contact an Agent

Johnson|Hoiseth

9526416500 9522127103

Location

$1,100,000 -
481 Peavey Lane Wayzata , MN 55391
Subdivision: Ferndale Woods

Street View

Nearby Schools

Recent Sales in the Area

This data is up-to-date as of March 24, 2026 11:15AM. For the most current information, contact Lakes Sotheby's International Realty, , Paul@JohnsonHoiseth.com

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