481 PEAVEY LANE
481 Peavey Lane, Wayzata, 55391, MN
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Price: $1,500,000
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Status type: For Sale
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City: Wayzata
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Neighborhood: Ferndale Woods
Bedrooms: 2
Property Size :1583
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Listing Agent: NST18091,NST60967
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Property type : Single Family Residence
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Zip code: 55391
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Street: 481 Peavey Lane
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Street: 481 Peavey Lane
Bathrooms: 2
Year: 1981
Listing Brokerage: Hale Properties, Inc
FEATURES
- Refrigerator
- Washer
- Dryer
- Dishwasher
- Water Softener Owned
- Disposal
- Freezer
- Cooktop
- Wall Oven
- Water Osmosis System
- Water Filtration System
- Gas Water Heater
DETAILS
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 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.
INTERIOR
Bedrooms: 2
Fin ft² / Living Area: 1583 ft²
Below Ground Living: N/A
Bathrooms: 2
Above Ground Living: 1583ft²
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Basement Details: Block, Unfinished, Walkout,
Appliances Included:
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- Refrigerator
- Washer
- Dryer
- Dishwasher
- Water Softener Owned
- Disposal
- Freezer
- Cooktop
- Wall Oven
- Water Osmosis System
- Water Filtration System
- Gas Water Heater
EXTERIOR
Air Conditioning: Central Air
Garage Spaces: 3
Construction Materials: N/A
Foundation Size: 1583ft²
Unit Amenities:
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- Deck
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
- In-Ground Sprinkler
- Panoramic View
- Cable
- Tile Floors
- Main Floor Primary Bedroom
- Primary Bedroom Walk-In Closet
Heating System:
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- Forced Air
LOT
Acres: N/A
Lot Size Dim.: Approximately 400 x 280, but unique shape. See Map
Longitude: 44.9698
Latitude: -93.537
Zoning: Residential-Single Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $11,101
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7771103
Listing Brokerage: Hale Properties, Inc
ID: 3951531
Published: July 31, 2025
Last Update: July 31, 2025
Views: 3
