$882,000
$995,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
481 Peavey LN Wayzata, MN 55391
2 Beds
2 Baths
1,583 SqFt
Key Details
Sold Price $882,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,583 sqft
Price per Sqft $557
Subdivision Ferndale Woods
MLS Listing ID 7014977
Sold Date 07/01/26
Bedrooms 2
Full Baths 1
Three Quarter Bath 1
Year Built 1981
Annual Tax Amount $11,101
Tax Year 2025
Contingent None
Lot Size 2.590 Acres
Lot Dimensions Approximately 400 x 280
Property Sub-Type Single Family
Property Description
Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild Opportunity Tucked at the end of a quiet cul-de-sac, this 2.5-acre property offers a rare combination of privacy, space, and potential minutes from downtown Wayzata. The existing all-brick walkout rambler has been well maintained by the current owner and offers a smart layout with main level primary bedroom, and generous room sizes throughout. The lower level is a walkout with high ceilings, ready to be finished to suit your needs. The oversized 3-car garage is extra deep, heated, and fully equipped with hot and cold water, drains, and a built-in air compressor system. The lot is wide and deep, with mature trees and a stream running through the back of the property. Whether you're considering a remodel, an expansion, or a full rebuild, the site offers flexibility and long-term upside. Blueprints are available.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Rooms
Basement Block, Unfinished, Walkout
Dining Room Breakfast Area, Separate/Formal Dining Room
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Family Room, Gas
Fireplace Yes
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, Water Softener Owned
Exterior
Parking Features Attached Garage, Driveway - Other Surface, Electric, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Garage Spaces 3.0
Roof Type Age Over 8 Years,Asphalt
Building
Story One
Foundation 1583
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block,Brick,Frame
New Construction false
Schools
School District Wayzata
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