Closed
$2,800,000
308 Ferndale Rd W, Wayzata, MN 55391
--beds
--baths
1.99Acres
Unimproved Land
Built in ----
1.99 Acres Lot
$2,573,000 Zestimate®
$--/sqft
$5,959 Estimated rent
Home value
$2,573,000
$2.08M - $3.06M
$5,959/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Welcome to the finest available off lake Wayzata estate site. Nestled among the prime Gold Coast properties of Ferndale, Highcroft and the Harrington Bell property, 308 Ferndale is surrounded by majestic Oaks, Pines and Maples with a sprawling lawn rolling out to the South. With fabulous sun exposure and peekaboo views of Wayzata Bay, you have various options for focal points in your design and layout. Seller and their renowned architect have developed two distinct concept homes. Both concepts capture the beauty of the site while presenting very different layout options, highlighting the beauty and privacy of this rare property. Build from these plans or design your own. One mile to all the charm and fun of Wayzata village. Take advantage of a city dock, available through Wayzata lottery. Please note: the existing grading is different than the concept plans and it is very difficult to envision the site without the aid of a survey and overview of the current design ideas.
Zillow last checked: 8 hours ago
Listing updated: March 18, 2025 at 09:53am
Listed by:
Gary Petersen 952-451-0284,
Coldwell Banker Realty,
Ian J Petersen 612-910-6005
Bought with:
Mimi Bendickson
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6614170
Facts & features
Property
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 1.99 Acres
- Features: Cleared, Irregular Lot
- Topography: Rolling
Details
- Additional parcels included: 1211723120032
- Parcel number: 0
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Natural Gas Available, Underground Utilities
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Gabbert Bell Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2025 | Sold | $2,800,000-19.4% |
Source: | ||
| 10/12/2024 | Listed for sale | $3,475,000+15.8% |
Source: | ||
| 3/6/2024 | Sold | $3,000,000+60% |
Source: Public Record Report a problem | ||
| 7/8/2005 | Sold | $1,875,000+33.9% |
Source: Public Record Report a problem | ||
| 1/12/2004 | Sold | $1,400,000+316% |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,208 -12.9% | $2,192,400 -13.2% |
| 2024 | $35,849 +27.8% | $2,525,300 -2.3% |
| 2023 | $28,048 -14.7% | $2,583,800 +13.7% |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Gleason Lake Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Wayzata West Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.8 mi