Wayzata, MN 55391 481 Peavey Lane

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Presented By: Hale Properties, Inc
  • MLS# 6752865
  • 07/31/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,583
  • Garage • 3

Home Details

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 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.
Presented By: Hale Properties, Inc

Interior Features for 481 Peavey Lane

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths1
Bath Desc3/4 Primary, Private Primary, Main Floor Full Bath, Rough In
Half Baths
Total Baths2

Other Interior Features

Above Grade Finished Area1583
BasementBlock, Unfinished, Walkout
Basement (Y/N)Yes
Below Grade Finished Area0
Fireplace FeaturesGas
Fireplace Y/NYes
Foundation Dimensions52 x 30
FuelNatural Gas
Garage Dimensions31.5 x 30.5
Garage Door Width7
Garage Square Feet960
Total Fireplaces1

Other Rooms

Dining Room DescriptionBreakfast Area, Separate/Formal Dining Room

General for 481 Peavey Lane

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCable, Deck, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Panoramic View, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup
AppliancesCooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Refrigerator, Wall Oven, Washer, Water Softener Owned
Assoc Fee Paid PerN/A
Carport Spaces
CityWayzata
Construction MaterialsBrick/Stone
ContingencyNone
CoolingCentral Air
CountyHennepin
DirectionsLake St W, South on Peavey Rd, West on Peavey Lane to home at end of cul-de-sac. Up paver driveway.
Electric200+ Amp Service
Full Baths1
Garage Spaces3
HOANo
HOA Fee$
HeatingForced Air
High School DistrictWayzata
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area1583
Lot Size Square Feet112820.4
Lot Size UnitsAcres
New ConstructionNo
Pool FeaturesNone
PostalCityWayzata
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameFerndale Woods
Tax Annual Amount11101
Tax Year2025
Virtual TourClick here
Year Built1981
Zoning DescriptionResidential-Single Family

Exterior for 481 Peavey Lane

Building Area Total3166
Foundation Area1583
Lot DimensionsApproximately 400 x 280, but unique shape. See Map
Lot FeaturesIrregular Lot, Many Trees
Lot Size Area2.59
Parking FeaturesAttached Garage, Driveway - Other Surface, Electric, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Road Frontage TypeCity Street, Cul De Sac
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $1,350,000
MLS#6752865
List Date 07/31/2025
Property Type Single Family
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