NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,720,612

4 Beds
3.5 Baths
4,718 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2026

Last sale price $1,450,000 $307 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,981 / mo

242 Days on Market

Highlights

  • Deck
  • 3 Fireplaces
  • Built-In Double Oven
  • Gleason Lake Elementary School Rated A+
  • No HOA
  • Stainless Steel Appliances

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Beth Ulrich

Compass Listed on: 09/02/2025

Compass

Co-Listed By

Chelsey Ulrich

Compass

Last Buyer's Agent

Sarah Polovitz

Compass

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,348

Year Built

  • Built in 1984

Lot Details

  • 2.48

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Block Foundation
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Crown Molding
  • 3 Fireplaces
  • Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry

Additional Features

  • Deck
  • Additional Parcels
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ferndale Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723310011

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,348

Year Built

Built in 1984

Lot Details

2.48 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stone, Wood
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 3623
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Double Oven, Microwave, Other, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Living Area: 4718
  • Below Grade Finished Sq Ft: 1095
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Foundation Details: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Main Level, Sink
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Other, Porch, Security System, Sun Room, Walk-In Closet

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 7637455000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 0111723310011
  • Tax Annual Amount: 19347.56
  • TaxWithAssessments: 19347.56

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 Sold $1,450,000 -14.5% $307 / Sq Ft
05/02/2026 05/02/26 Pending -- -- --
03/14/2026 03/14/26 Price Changed $1,695,000 -4.5% $359 / Sq Ft
09/22/2025 09/22/25 For Sale $1,775,000 +22.4% $376 / Sq Ft
09/18/2025 09/18/25 Off Market $1,450,000 -- --
09/02/2025 09/02/25 For Sale $1,775,000 -- $376 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,348 $1,554,000 $783,000 $771,000
2024 $17,808 $1,477,200 $677,500 $799,700
2023 $15,939 $1,383,600 $593,500 $790,100
2022 $14,070 $1,188,000 $450,000 $738,000
2021 $12,652 $1,071,000 $477,000 $594,000
2020 $13,088 $975,000 $398,000 $577,000
2019 $12,000 $972,000 $384,000 $588,000
2018 $12,316 $895,000 $321,000 $574,000
2017 $10,914 $805,000 $321,000 $484,000
2016 $12,428 $878,000 $375,000 $503,000
2015 $12,788 $878,000 $353,000 $525,000
2014 -- $787,000 $299,000 $488,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6780111

NorthstarMLS

APN: 01-117-23-31-0011

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