$2,250,000

461 Peavey Ln Wayzata, MN 55391

Estimated payment $13,950/month

Total Views 6,256
2.48 Acres
$907,258 Price per Acre
108,029 Sq Ft Lot

About This Lot

Situated on 2.25 acres in the heart of Wayzata, 461 Peavey Lane offers you a magnificent opportunity to turn your dream home into a beautiful reality. Nestled at the end of the street with amazing marsh views and mature trees, this location provides both a tranquil retreat-like setting plus easy access to all that downtown Wayzata has to offer... shops, dining, Lake Minnetonka, and Dakota Regional Trail are just a short walk/drive away. Open to all builders.

Listing Agent

Beth Ulrich

Compass Listed on: 06/24/2025

Compass

Co-Listing Agent

Chelsey Ulrich

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,982

Lot Details

  • Additional Parcels

Community Details

  • No Home Owners Association
  • Ferndale Woods Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$17,982

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Topography: Other
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels Description: TBD2
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 17982
  • TaxWithAssessments: 17981.8200

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
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

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $2,250,000 -- $477 / Sq Ft
Source: NorthstarMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 Credit Line Revolving
Source: Public Records

Source: NorthstarMLS

MLS Number: 6744233

NorthstarMLS

APN: 01-117-23-31-0011