$2,975,000
Wayzata, MN 55391
MLS# 7138447
Status: Coming Soon
4 beds | 5 baths | 5506 sqft

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Property Description
Welcome to this beautiful rambler nestled in the sought-after Highcroft neighborhood. Offering effortless main-level living with a walk-out lower level, this home sits on one of the neighborhood’s largest lots, creating a rare sense of space, privacy, and connection to the outdoors. The location is truly hard to beat, with downtown Wayzata and the shores of Lake Minnetonka just a stroll away. Inside, bright, open spaces create an inviting flow throughout the main level, highlighted by a spacious family room framed by a wall of windows. The open kitchen serves as the natural heart of the home, making everyday living and entertaining feel seamless. Generously sized bedrooms provide comfortable retreats for everyone, while the thoughtful layout offers plenty of space to gather or unwind. Outside, the setting takes center stage with multiple places to relax and entertain, including the deck, screened porch, and expansive back patio. Highcroft is a neighborhood with undeniable charm and a rich sense of history: a special place where beautiful surroundings, community, and an exceptional location come together. This is a wonderful opportunity to become part of one of Wayzata’s most desirable neighborhoods.
Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Coming Soon
Contingency: None
Current Price: $2,975,000
Original List Price: 2975000
ListPrice: 2975000
List Date: 2026-09-05
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 3
Waterfront YN: No
Year Built: 1974
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: W 164X515X280X368
Acres: 2.18
Bath Three Quarters: 2
Bath Half: 2
Bath Quarter: 0
Main Floor Total SqFt: 3163
Above Grd Total SqFt: 3163
Below Grd Total SqFt: 2343
Total SqFt: 5506
Total Finished Sqft: 5411.00
FireplaceYN: Yes
Foundation Size: 2343
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 0
Assessment Pending: No
Bedrooms: 4
Baths Total: 5
Bath Full: 1
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 006 BLOCK 001 HIGHCROFT SUBD THAT PART LYING S OF PEAVEY LANE
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
Property ID Number: 0111723410020
Tax Year: 2026
Tax Amount: 32241.24
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to this beautiful rambler nestled in the sought-after Highcroft neighborhood. Offering effortless main-level living with a walk-out lower level, this home sits on one of the neighborhood’s largest lots, creating a rare sense of space, privacy, and connection to the outdoors. The location is truly hard to beat, with downtown Wayzata and the shores of Lake Minnetonka just a stroll away. Inside, bright, open spaces create an inviting flow throughout the main level, highlighted by a spacious family room framed by a wall of windows. The open kitchen serves as the natural heart of the home, making everyday living and entertaining feel seamless.
Generously sized bedrooms provide comfortable retreats for everyone, while the thoughtful layout offers plenty of space to gather or unwind. Outside, the setting takes center stage with multiple places to relax and entertain, including the deck, screened porch, and expansive back patio. Highcroft is a neighborhood with undeniable charm and a rich sense of history: a special place where beautiful surroundings, community, and an exceptional location come together. This is a wonderful opportunity to become part of one of Wayzata’s most desirable neighborhoods.
Directions: Ferndale Road to Highcroft Road to Peavey Road.
Accessible
None: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 32241.24
Assumable Loan
Not Assumable: 1
Basement
Egress Windows: 1
Bath Description
3/4 Jack & Jill: 1
Main Floor 1/2 Bath: 1
Main Floor Full Bath: 1
Full Primary: 1
Private Primary: 1
3/4 Basement: 1
Building Information
Finished SqFt Above Ground: 3163
Finished SqFt Below Ground: 2248
Construction Status
Previously Owned: 1
Dining Room Description
Separate/Formal Dining Room: 1
Existing Financing
Conventional: 1
Exterior
Shakes: 1
Family Room Characteristics
2 or More: 1
Lower Level: 1
Main Level: 1
Fireplace Characteristics
Wood Burning: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Laundry
Lower Level: 1
Main Level: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 21x29
Garage Square Feet: 621
Heated Garage: 1
Patio, Porch and Deck Features
Deck: 1
Porch: 1
Screened: 1
Road Frontage
City Street: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Stories
One: 1
Water
City Water/Connected: 1
Location Tax and Other Information
House Number: 330
Street Name: Peavey Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Property Features
Accessible: None
Air Conditioning: Central Air
Assumable Loan: Not Assumable
Basement: Egress Windows
Bath Description: 3/4 Jack & Jill; Main Floor 1/2 Bath; Main Floor Full Bath; Full Primary; Private Primary; 3/4 Basement
Construction Status: Previously Owned
Dining Room Description: Separate/Formal Dining Room
Existing Financing: Conventional
Exterior: Shakes
Family Room Characteristics: 2 or More; Lower Level; Main Level
Fireplace Characteristics: Wood Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Lower Level; Main Level
Lot Description: Tree Coverage - Medium
Parking Characteristics: Heated Garage
Road Frontage: City Street
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Room Information
| Room Name | Dimensions | Level |
| Dining Room | 15x13 | Main |
| Family Room | 25x23 | Lower |
| First (1st) Bedroom | 18x17 | Main |
| Flex Room | 20x15 | Lower |
| Fourth (4th) Bedroom | 14x14 | Lower |
| Informal Dining Room | 14x20 | Main |
| Kitchen | 15x11 | Main |
| Living Room | 25x24 | Main |
| Office | 11x15 | Main |
| Second (2nd) Bedroom | 19x13 | Lower |
| Third (3rd) Bedroom | 19x15 | Lower |
Listing Office: Compass
Last Updated: September - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
330 Peavey Rd Updates.pdf 