Sold / Closed
$1,450,000

Sold price · Closed Jun 1, 2026

461 Peavey Lane, Wayzata, MN, 55391

4  Bedrooms4  Bathrooms4,718  Square Feet2.48  Acres
Days on market238
Year built1984
Garage spaces3
Potential $47,850buyer credit when you buy with SODL

About this home

Welcome to 461 Peavey Lane, nestled in the serene Highcroft neighborhood of Wayzata. This home offers a rare opportunity in a quiet cul d sac with room to grow on a sprawling 2.5-acre lot. This residence boasts 4 spacious bedrooms and 4 bathrooms, including a private Jack and Jill bedroom wing across an expansive 4,718 square feet. As you enter, you are greeted by a grand main floor with soaring 16ft foot ceilings, capped w crown molding, floor to ceiling windows overlooking the woodland marsh. The custom library shares the amazing view. The kitchen and family room area is perfect for entertaining or family gatherings. The primary suite is a sanctuary of comfort with its own fireplace (1 of 3 wood-burning fireplaces), walk-in closet, and luxurious ensuite bathroom. The upper-level features two additional well-appointed bedrooms, while the fourth bedroom on the lower level provides privacy and versatility. The property also includes a partial lower level, offering additional living space and functionality. For wine-lovers, including a bonus segregated temp controlled wine cellar. The attached 3-car garage ensures ample space for vehicles and storage. Enjoy the beauty of nature from the deck. This home is ideally situated just a short distance from downtown Wayzata, where you can enjoy a variety of dining options, charming shops, sandy beach, an ADA equipped playground. Additionally, outdoor enthusiasts will appreciate easy access to the new lakeside boardwalk and the Dakota Trail, perfect for walking, running, and biking.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1984
LevelsFour or More Level Split
Living area4,718 sqft
Above-grade finished3,623 sqft
Below-grade finished1,095 sqft
Lot size2.48 acres (Irregular)
Days on market238
ListedSep 2, 2025
MLS #NST6780111
CountyHennepin
SubdivisionFerndale Woods
Parcel #0111723310011

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Double Oven, Microwave, Other, Refrigerator, Stainless Steel Appliances, Wall Oven

Property

Levels / stories
Four or More Level Split
Garage
3 spaces · 23x35 · 800 sqft
Parking features
Attached Garage, Garage Door Opener
Patio & porch
Deck
Exterior features
Stone, Wood
Lot size
2.48 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 3,591 sqft
Roof
Age Over 8 Years
Year built
1984

Utilities

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

Community & HOA

Subdivision
Ferndale Woods
HOA
No HOA
School district
284 - Wayzata
High school district
Wayzata

Financial & listing details

Annual tax
$19,347.56 (2026)
Listed
Sep 2, 2025
Days on market
238 · 316 cumulative
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementPartial
HeatingForced Air
CoolingCentral Air
Fireplaces3
LaundryLaundry Room, Main Level, Sink
AppliancesDishwasher, Double Oven, Microwave, Other, Refrigerator, Stainless Steel Appliances, Wall Oven
DiningEat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
AmenitiesDeck, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Other, Porch, Security System, Sun Room, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone, Wood
RoofAge Over 8 Years
FoundationBlock
Foundation area3,591 sqft
Patio/porchDeck
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Garage Door Opener
Garage spaces3
Garage size800 sqft

Financial details

Annual taxes$19,347.56
Tax year2026
Taxes w/ assessments19347.56
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District284 - Wayzata
District number284
District phone7637455000
High schoolWayzata
SODL flat fee brokerage
$47,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $47,850

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

$11,085/mo
Principal & interest$8,908
Property taxes$1,612
Home insurance (est.)$565
%
$339,000
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

461 Peavey Lane, Wayzata, MN, 55391

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Listing information

MLS #NST6780111
Last reported MLS statusClosed
MLS record updatedJun 1, 2026, 5:06 PM
Originally listedSep 2, 2025, 3:05 PM
Listing officeCompass
Co-listing officeCompass

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. 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.