481 Peavey LN, Wayzata, MN 55391
481 Peavey LN, Wayzata, MN 55391
481 Peavey LN, Wayzata, MN 55391
55
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$882,000
$995,000 11.4%
Est. payment /mo
2 Beds
2 Baths
1,583 SqFt
Sold on 07/01/2026

481 Peavey LN Wayzata, MN 55391

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Andy Barnes
Andy Barnes

Managing Broker | License ID: 40160816

+1(612) 386-7249

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Key Details

Sold Price $882,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,583 sqft

Price per Sqft $557

Subdivision Ferndale Woods

MLS Listing ID 7014977

Sold Date 07/01/26

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

Year Built 1981

Annual Tax Amount $11,101

Tax Year 2025

Contingent None

Lot Size 2.590 Acres

Lot Dimensions Approximately 400 x 280

Property Sub-Type Single Family

Property Description

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.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Block, Unfinished, Walkout

Dining Room Breakfast Area, Separate/Formal Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Family Room, Gas

Fireplace Yes

Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, Water Softener Owned

Exterior

Parking Features Attached Garage, Driveway - Other Surface, Electric, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Garage Spaces 3.0

Roof Type Age Over 8 Years,Asphalt

Building

Story One

Foundation 1583

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block,Brick,Frame

New Construction false

Schools

School District Wayzata

Listed by Frederick Soberay • Hale Properties, Inc

NEARBY SCHOOL & BUSINESS

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Andy Barnes

Andy Barnes

Managing Broker | License ID: 40160816

+1(612) 386-7249

Name
Phone*
Message

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481 Peavey LN