BEDS2
BATHS2 full
SQUARE FEET1,583
MLS#7014977
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONFerndale Woods
SCHOOLWayzata
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.
Property Features
Property Type: Residential - Single Family
Basement: Block, Unfinished, Walkout
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Fuel Type: Natural Gas
Garage: 3 car attached
Heating: Forced Air
Lot Size: 2.59 Acres
Roof Type: Age Over 8 Years, Asphalt
Stories: 1.0
Taxes: $11,101
Year Built: 1981
Feature Descriptions
Additional Living Info.: Main Floor Primary, Main Floor Bedroom
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, Water Softener Owned
Bath: 3/4 Primary, Main Floor 3/4 Bath, Main Floor Full Bath, Rough In
Bathrooms 3/4: 1
Bathrooms Full: 1
Days on Site: 62
Dining: Breakfast Area, Separate/Formal Dining Room
Exterior: Block, Brick, Frame
Fireplace: Family Room, Gas
Foundation Size: 1583
Lot Dimensions: Approximately 400 x 280
Parcel#: 0111723310010
Parking: Attached Garage, Driveway - Other Surface, Electric, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Sewer: City Sewer/Connected
Water: City Water/Connected
Local Schools
School District: Wayzata
Listed By / Shown By
Listed By
Agency Name: Hale Properties, Inc
Agency Phone: 612-567-9530
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimate Your Payment
Estimated Payment
$ 3,694.04 per month $2,448.12 Principal & Interest $925.08 Property Tax $320.83 Homeowner's Insurance
481 Peavey Lane | MLS# 7014977
This single family home located at 481 Peavey Lane, Wayzata, MN 55391 is currently listed for sale with an asking price of $1,100,000. This property was built in 1981 and has 2 bedrooms and 2 full baths with 1583 sq. ft. Peavey Lane is located in the Ferndale Woods subdivision within the Wayzata school district. Search Ferndale Woods real estate on www.homesbyjoel.com today.