Listed at
$16,450,000
$1,658/sqft

358 Ferndale Road

358 Ferndale Road, Wayzata, MN, 55391
4  Bedrooms8  Bathrooms9,921  Square Feet1.61  Acres
Days on market158
Year built2010
Garage spaces3
TypeResidential
Est. $490,500buyer credit when you buy with SODL
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About this home

Buyers’ opportunity. Re-positioned to $16.450M. Representing extraordinary value on Lake Minnetonka’s coveted “Gold Coast’! No need to build. Ready for your enjoyment now! Check out the new AI photos showing how one can easily transform the exterior of the home and the rooms into a lighter, more current decor without any structural changes by painting and lightening up the hardwood floors and beams. Experience the pinnacle of Lake Minnetonka living on Wayzata Bay. Tucked away on a sprawling 1.6-acre private property, this Sharratt-designed and Robert Craig-built masterpiece encompasses 216 feet of premium, east-facing shoreline. The expansive manicured grounds offer a sanctuary of quietude opening up to breathtaking vistas of Wayzata Bay and downtown Wayzata. Extensive stonework, a Ludowici clay tile roof, and a cobblestone circular driveway with portico sets a tone of timeless elegance. The heart of the home is the soaring octagonal Great Room, where massive, beamed ceilings and panoramic sweep of windows frame the glistening waters of Lake Minnetonka. The focal point of the chef’s kitchen is a 20-foot walnut and natural stone island, equipped with Wolf and Sub- Zero appliances, and enhanced by a full caterer’s kitchen for effortless hosting. The adjoining breakfast room and inviting hearth room create a warm gathering space, while the formal dining and living room offer refined settings for both everyday living and gracious entertaining. The floor plan offers rare flexibility with elegant, primary suites on the main and upper level. Each includes a fireplace, sitting area and luxurious spa-like bathroom with unparalleled views of the lake. The second level is completed by a cozy reading nook and a guest wing, which includes two additional lake-facing ensuites. The elevator provides convenient service to all floors. The walk-out lower level, with its comfortable and spacious rooms, transition seamlessly to a lakeside paradise. A natural flagstone terrace and infinity edge pool provide the ultimate stage for large scale entertaining or quiet reflection. A charming pool house and lush, professional gardens add ambiance to this idyllic setting. Just a stroll away to Wayzata’s world-class dining and many boutique shops, this exceptional property represents the very finest in Lake Minnetonka living!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2010
LevelsTwo
Living area9,921 sqft
Above-grade finished7,973 sqft
Below-grade finished1,948 sqft
Lot size1.61 acres (irregular)
Days on market158
ListedApr 23, 2026
MLS #NST7060616
CountyHennepin
Parcel #0611722320022

Facts & features

Interior

Bedrooms
4
Bathrooms
8
Bath breakdown
3 full / 3 3/4 / 2 half
Heating
Forced Air, Fireplace(s), In-Floor Heating, Radiant
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned, Wine Cooler

Property

Levels / stories
Two
Garage
3 spaces
Parking features
Attached Garage, Asphalt, Driveway - Other Surface, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Patio & porch
Covered, Deck, Patio, Rear Porch, Screened
Exterior features
Stone, Stucco
Pool
Below Ground, Heated, Outdoor

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Poured Concrete · 4,822 sqft
Roof
Shake, Age Over 8 Years, Pitched, Tile
Year built
2010

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

HOA
No HOA
School district
284 - Wayzata
High school district
Wayzata

Financial & listing details

Annual tax
$176,458.2 (2026)
Listed
Apr 23, 2026
Days on market
158
Manufactured home
Yes

Interior details

Total bathrooms8
Full baths3
3/4 baths3
Half baths2
1/4 baths0
BasementDrain Tiled, Finished, Full, Storage Space, Sump Basket, Sump Pump, Walkout
HeatingForced Air, Fireplace(s), In-Floor Heating, Radiant
CoolingCentral Air
Fireplaces7
LaundryGas Dryer Hookup, Laundry Room, Main Level, Upper Level, Washer Hookup
AppliancesAir-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned, Wine Cooler
DiningBreakfast Bar, Breakfast Area, Separate/Formal Dining Room
AmenitiesCable, Deck, Exercise Room, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, Porch, Panoramic View, Security System, Skylight, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet
AccessibilityAccessible Elevator Installed, Grab Bars In Bathroom, Soaking Tub
Special features2nd Floor Laundry, 3 BR on One Level, All Living Facilities on One Level, Main Floor Primary, Main Floor Laundry

Exterior & lot

ExteriorStone, Stucco
RoofShake, Age Over 8 Years, Pitched, Tile
FoundationPoured Concrete
Foundation area4,822 sqft
Patio/porchCovered, Deck, Patio, Rear Porch, Screened
Lot featuresAccessible Shoreline, Irregular Lot, Tree Coverage - Medium, Underground Utilities
Road frontageCity Street, Curbs, Paved Streets
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Driveway - Other Surface, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Garage spaces3
Garage size0 sqft

Financial details

Annual taxes$176,458.2
Tax year2026
Taxes w/ assessments176458.2
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District284 - Wayzata
District number284
District phone7637455000
High schoolWayzata
SODL flat fee brokerage
$490,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $490,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$106,640/mo
Principal & interest$86,452
Property taxes$14,705
Home insurance (est.)$5,483
%
$3,290,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

358 Ferndale Road, Wayzata, MN, 55391

Listing information

MLS #NST7060616
StatusActive
Last updatedSep 14, 2026, 5:20 PM
Originally listedApr 23, 2026, 1:26 PM
Listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.