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  • $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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    $14,567/mo

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    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#: 6614170MLS Logo

    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

    DateEventPrice
    3/18/2025Sold$2,800,000-19.4%
    Source: NorthstarMLS as distributed by MLS GRID #6614170 Report a problem
    10/12/2024Listed for sale$3,475,000+15.8%
    Source: NorthstarMLS as distributed by MLS GRID #6614170 Report a problem
    3/6/2024Sold$3,000,000+60%
    Source: Public Record Report a problem
    7/8/2005Sold$1,875,000+33.9%
    Source: Public Record Report a problem
    1/12/2004Sold$1,400,000+316%
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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