Active

$2,595,000

585 Ferndale Rd N, Wayzata, MN 55391

--beds

--baths

4.81Acres

Unimproved Land

Built in 1900

4.81 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Spectacular sunsetsGenerous siteSurrounding natural landscapeBeautiful lake viewsPeaceful secluded setting

Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rare blend of natural beauty, privacy, and accessibility, this is an exceptional opportunity to create a truly remarkable home in one of the area's most desirable locations.

75 days
198
4

Facts & features

Interior

Features

Has basement: No

Property

Features

Fencing: None

Lot

Size: 4.81 Acres
Dimensions: 460 x 471 x 427 x 466
Features: Irregular Lot, Property Adjoins Public Land, Tree Coverage - Heavy, Tree Coverage - Medium
Topography: Gently Rolling,Walkout

Details

Parcel number: 3611823110033
Zoning description: Residential-Single Family

Utilities & green energy

Utilities for property: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available

Community & HOA

Community

Features: No

HOA

Has HOA: No

Location

Region: Wayzata

Financial & listing details

Tax assessed value: $581,300
Annual tax amount: $11,744
Date on market: 6/26/2026
Inclusions: Survey

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/26/2026	Listed for sale	$2,595,000+54.9%
Source: NorthstarMLS as distributed by MLS GRID #7089111 Report a problem
10/5/2023	Sold	$1,675,000-1.2%
Source: NorthstarMLS as distributed by MLS GRID #6331326 Report a problem
9/8/2023	Pending sale	$1,695,000
Source: NorthstarMLS as distributed by MLS GRID #6331326 Report a problem
8/7/2023	Price change	$1,695,000-15.2%
Source: NorthstarMLS as distributed by MLS GRID #6331326 Report a problem
5/21/2023	Listed for sale	$1,998,000
Source: NorthstarMLS as distributed by MLS GRID #6331326 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$4,551 -11.5%	$581,300 +29.2%
2022	$5,140 -0.6%	$450,000 -1.3%
2021	$5,168 +3.9%	$456,000
2020	$4,975 -3.7%	$456,000 +7.3%
2019	$5,168 +3.9%	$425,000 +6.3%
2018	$4,975 +14.6%	$400,000 +9.6%
2017	$4,340 +1%	$365,000
2016	$4,297 -2.9%	$365,000 -17%
2015	$4,424 -18.9%	$440,000 +3%
2014	$5,451 +11.3%	$427,000 +8.1%
2013	$4,898 -10.4%	$395,000 -14.1%
2012	$5,468 -0.6%	$460,000 -6.1%
2011	$5,502 +1.7%	$490,000 -4.9%
2010	$5,412 -6%	$515,000 -8.8%
2009	$5,759 +33.3%	$565,000 +35.1%
2006	$4,320 +16.4%	$418,300 +15%
2005	$3,712 +8.1%	$363,800 +15%
2004	$3,435 +6.7%	$316,400 +12%
2002	$3,221 -36.5%	$282,500
2001	$5,070	--