$1,695,000
461 Peavey Lane
Wayzata, MN 55391
MLS# 6780111
4 beds  |  4 baths  |  4948 sqft
Living room with builtins and walk out to the deck with wetland views
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Living room with builtins and walk out to the deck with wetland views Beautiful kitchen with lots of counter and storage space - along with plenty of room to sit around and entertain Welcome to 461 Peavey Lane - large Kitchen with ample counter and cabinet space. Beautiful setting and charming curb appeal. Spacious deck with great views of the private backyard. A gracious front porch area that is ideal for greeting guests or enjoying a cup of coffee Enjoy twilight views from the deck. The deck was re-stained in 2025 Situated on a serene 2.5 acre lot with lots of space to entertain View from the back of the house Spacious 3 car garage with storage space Light-filled living room with floor-to-ceiling windows, serene wetland views, and a cozy wood-burning fireplace Beautiful wood floors and soaring ceilings create a bright, open living space An open, light-filled layout where the living room seamlessly connects to the home office and formal dining area Formal den with fireplace and abundant built-in cabinetry, located just off the living room Plentiful storage and custom built-ins, all overlooking peaceful wetland views Formal dining room conveniently located near the kitchen—ideal for hosting gatherings and special occasions Chef-inspired kitchen featuring a quartz center island, double oven, French door refrigerator/freezer, built-in drawer microwave, and abundant prep space Center island with quartz countertop, gas cooktop, and vent hood. Informal dining space off of the kitchen - great spot to entertain Informal dining space allows an abundance of natural light in Beautiful windows with tons of natural light and views of the marsh Lovely light filled sunroom. Office that is off of the informal dining room Powder bathroom on the main floor Great entryway with high ceilings Primary bedroom with wood burning fireplace and lovely views. Primary bedroom Primary suite with walk-in closet and full bathroom with a separate tub and shower Spacious primary bedroom walk-in closet. Primary full bathroom with private marsh views Double sinks, vanities, tile flooring, and large windows. Large second bedroom. Second bedroom with closet space Full bathroom on the upper level with double sinks, tile flooring, and tub/shower. Third bedroom with closet space Third bedroom Entry from the garage with storage closets Fourth bedroom on the lower level Fourth bedroom on the lower level with closet space Fifth lower level bedroom could be used as an exercise room or additional living room space. Fifth lower level bedroom with ensuite Lower level ensuite bathroom with access to the wine cellar/extra storage Great views of the marsh from the deck Expansive 2.48-acre backyard offering serene woodland marsh views Spacious driveway leading up to the 3-car garage Breathtaking aerial view from the back - showcasing the expansive landscape and lush greenery. View of the back of the house Lovely garden bed for planting Beautiful landscaping throughout Just moments away from the charming town of Wayzata - boutique shopping, lakeside dining, and soaking in the beauty of Lake Minnetonka Explore the charming town of Wayzata - boutique shopping, lakeside dining, and soaking in the beauty of Lake Minnetonka Explore the charming town of Wayzata - boutique shopping, lakeside dining, and soaking in the beauty of Lake Minnetonka

Property Description
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.

Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $1,695,000
Original List Price: 1775000
ListPrice: 1695000
List Date: 2025-09-02
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: 3
Waterfront Present: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Irregular
Acres: 2.48
Bath Three Quarters: 1
Bath Half: 1
Bath Quarter: 0
Main Floor Total SqFt: 3623
Above Grd Total SqFt: 3623
Below Grd Total SqFt: 1325
Total Finished Sqft: 4718.00
Foundation Size: 3591
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 0
Bedrooms: 4
Baths Total: 4
Bath Full: 2
Total SqFt: 4948
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 017 BLOCK 001 FERNDALE WOODS
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
School District: Wayzata
School District Phone: 763-745-5000
Zip Plus 4: 1534
Property ID Number: 0111723310011
Tax Year: 2025
Tax Amount: 19347.56
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: Wayzata Boulevard, south on Ferndale Road, west on Peavey Lane to home.
Accessible
None: 1
Additional Parcels Information
Property ID #2: 0111723310014
Air Conditioning
Central Air: 1
Amenities Unit
Deck: 1
Hardwood Floors: 1
Kitchen Center Island: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Security System: 1
Sun Room: 1
Walk-In Closet: 1
Other: 1
Appliances
Dishwasher: 1
Double Oven: 1
Microwave: 1
Refrigerator: 1
Other: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 19347.56
Basement
Partial: 1
Bath Description
Main Floor 1/2 Bath: 1
Upper Level 3/4 Bath: 1
Upper Level Full Bath: 1
Private Primary: 1
3/4 Basement: 1
Basement: 1
Bathroom Ensuite: 1
Building Information
Finished SqFt Above Ground: 3623
Finished SqFt Below Ground: 1095
Construction Status
Previously Owned: 1
Dining Room Description
Eat In Kitchen: 1
Informal Dining Room: 1
Separate/Formal Dining Room: 1
Exterior
Brick/Stone: 1
Wood: 1
Family Room Characteristics
Family Room: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Laundry
Laundry Room: 1
Main Level: 1
Sink: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 23x35
Garage Square Feet: 800
Garage Door Opener: 1
Patio, Porch and Deck Features
Deck: 1
Public Survey Info
Range#: 23
Section#: 01
Township#: 117
Roof
Age Over 8 Years: 1
Sewer
City Sewer/Connected: 1
Special Search
3 BR on One Level: 1
Main Floor Laundry: 1
Primary Bdr Suite: 1
Stories
Four or More Level Split: 1
Water
City Water/Connected: 1
Location Tax and Other Information
House Number: 461
Street Name: Peavey
Street Suffix: Lane
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Ferndale Woods
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Deck; Hardwood Floors; Kitchen Center Island; Porch; Primary Bedroom Walk-In Closet; Security System; Sun Room; Walk-In Closet; Other
Appliances: Dishwasher; Double Oven; Microwave; Refrigerator; Other
Basement: Partial
Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Private Primary; 3/4 Basement; Bathroom Ensuite
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room; Separate/Formal Dining Room
Exterior: Brick/Stone; Wood
Family Room Characteristics: Family Room
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Laundry Room; Main Level; Sink
Parking Characteristics: Garage Door Opener
Roof: Age Over 8 Years
Sewer: City Sewer/Connected
Special Search: 3 BR on One Level; Main Floor Laundry; Primary Bdr Suite
Stories: Four or More Level Split
Water: City Water/Connected
Room Information
Room Name Dimensions Level
First (1st) Bedroom25x16
Office18x14Main
Family Room21x20Main
Informal Dining Room12x12Main
Fourth (4th) Bedroom12x14Lower
Third (3rd) Bedroom14x14
Second (2nd) Bedroom13x16
Dining Room21x12Main
Living Room20x27Main
IDX
Listing Office: Compass

Last Updated: March - 30 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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