Rare building site opportunity on over 2 acres in Wayzata’s most coveted location, just steps from Wayzata Beach on Lake Minnetonka and vibrant shops, restaurants, and entertainment. This property offers a private driveway off Peavey Lane and a build site with beautiful natural views overlooking the wetlands. The site accommodates a home design with walkout access on both the main and lower levels, all within a peaceful and secluded setting. Enjoy convenient access to the Dakota Rail Regional Trail and a connection to the highly desirable Highcroft neighborhood. No builder restrictions.
Active
Price increase: $2.5M (8/1)
$1,395,000
128 Peavey Ln, Wayzata, MN 55391
--beds
--baths
2.14Acres
Unimproved Land
Built in ----
2.14 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful natural viewsOverlooking the wetlandsPeaceful and secluded setting
- 1 day
- on Zillow |
- 196 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 07:07pm
Listed by:
Stickney Real Estate – David Stickney 952-250-0122,
Coldwell Banker Realty,
Stickney Real Estate – George Stickney
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6762402

Travel times
Facts & features
Property
Lot
- Size: 2.14 Acres
- Dimensions: N206 x 241 x 440 x 401
- Features: Many Trees
- Topography: Gently Rolling,Walkout
Details
- Parcel number: 0111723410033
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: None Connected, Cable Available, Natural Gas Available, Sewer Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: Ankeny Add
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Tax assessed value: $1,016,300
- Annual tax amount: $12,994
- Date on market: 8/1/2025
- Inclusions: Easements, Soil Test Available, Survey, Survey Stakes, Torrens
- Road surface type: Paved
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