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$13,450,000   Price Analysis
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565 Ferndale Rd W
Wayzata, MN 55391
6 bed 8 bath 7,635 SqFt ($1761/SqFt)
11.87 acre lot. Built 1914
Listed 2022-06-14, Taxes $50,941
Ⓧ USDA Ineligible
due to price & location

near Wayzata

An incredible opportunity to capture the last exceptional estate site in Wayzata!

A winding wooded private drive brings you to a large home overlooking a small quiet bay leading into Lake Minnetonka, with a dock for lake access and recreational enjoyment. Existing 1914 house has large rooms for entertaining, high ceilings and attractive bluestone patios, gardens and lawns.

Panoramic views of open wetlands stretch to the north, while to the south there are seasonal views of Lake Minnetonka from one of the highest wooded bluffs in Wayzata. Twelve unspoiled acres, all tucked discretely on Wayzata's most sought-after address. Main house and caretaker cottage sold as is. Subdvision potential.


Presented by Meredith Howell at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6158960 from NorthstarMLS

Bedrooms: 6

Total Rooms: 14
Basement Features: Full, Walkout
Family Room Features: Lower Level, Main Level

Cooling Features: Central
Fireplace Features: Family Room, Living Room, Wood Burning
Heating Features: Hot Water
Heating Fuel: Natural Gas, Propane
Number of Fireplaces: 4

Full Bathrooms: 3
1/2 Bathrooms: 2
3/4 Bathrooms: 3

Dining Room Features: Separate/Formal Dining Room

Water Body Name: Minnetonka
Lake Front
Dock

Brick/Stone
Stucco
Wood
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Tree Coverage - Heavy
Lot Size Acres: 11.87
Lot Size Dimensions: irregular
Lot Size Square Feet: 517057

Garage Spaces: 3
Parking Features: Detached Garage
Garage Dimensions: 24 x 30
Garage Sqft: 720

Hardwood Floors
Kitchen Center Island
Primary Bedroom Walk-In Closet
Patio
Security System
Sun Room
Tile Floors

Association: No
Calculated Total Monthly Association Fees: 0

School District: 284 - Wayzata

Wayzata West Middle School is a public middle school located approximately 1.2 miles away.
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Gleason Lake Elementary School is a public elementary school located approximately 2.1 miles away.
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Wayzata High School is a public high school located approximately 5.6 miles away.
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Blake Lower School/Highcroft is a private elementary school located approximately 0.4 miles away.
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Annual Tax Amount: 50942.00
Source Listing Status: Active
County: Hennepin
Directions: Ferndale Rd W, located on the west side of Peavey Pond
Tax Year: 2022
Source Property Type: Single Family
Source Neighborhood: Auditors Sub 184
Parcel Number: 0111723330026
Subdivision: Auditors Sub 184
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$426,000 + $3,231,000
$3,657,000
$50,941
2021$416,000 + $3,231,000
$3,647,000
$49,715
2020$415,000 + $2,827,000
$3,242,000
$45,684
2019$409,000 + $2,828,000
$3,237,000
$46,355
2018$462,000 + $2,828,000
$3,290,000
$48,340
2017$406,000 + $2,574,000
$2,980,000
$45,132
2016$386,000 + $2,535,000
$2,921,000
$45,236
2015$367,000 + $2,340,000
$2,707,000
$42,780
2014$367,000 + $2,340,000
$2,707,000
$43,180
2013$385,000 + $2,509,000
$2,894,000
$45,719
2012$436,000 + $3,270,000
$3,706,000
$56,831
2011$436,000 + $3,270,000
$3,706,000
$53,909
2010$487,000 + $3,480,000
$3,967,000
$53,464
2009$493,000 + $3,806,000
$4,299,000
$54,989
2008$486,900 + $3,315,200
$3,802,100
$47,200
2007$452,800 + $2,853,400
$3,306,200
$41,459

Listed 2022-06-14
$13,450,000
NorthstarMLS

Total Square Feet Living: 7635
Above Grade Finished Area: 5918
BelowGradeFinishedArea: 1717
Foundation Area: 3121.00
Property Age: 110
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 5918.00
Total Area Main: 3121.00
Total Below Grade Area: 3121.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.