$2,595,000

585 Ferndale Rd N Wayzata, MN 55391

Orono Area

Estimated payment $15,118/month

Total Views 5,319
4.81 Acres
$539,501 Price per Acre
209,524 Sq Ft Lot

Highlights

  • No HOA
  • Property is near a preserve or public land
  • Many Trees
  • Gleason Lake Elementary School Rated A+

About This Lot

Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rare blend of natural beauty, privacy, and accessibility, this is an exceptional opportunity to create a truly remarkable home in one of the area's most desirable locations.

Listing Agent

Kyle Hunt

Coldwell Banker Realty Brokerage Phone: 6123692836 Listed on: 06/26/2026

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,744

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 460x471x427x466
  • Irregular Lot
  • Many Trees

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 3611823110033

Property Details

Property Type

Land

Est. Annual Taxes

$11,744

Year Built

Built in 1900

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Year Built: 1900
  • FractionalOwnershipYN: No
  • Improvements: Paved Streets
  • Attribution Contact: 6123692836
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey
  • Basement YN: No

Exterior Features

  • Fencing: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 7637455000

Lot Info

  • Topography: Gently Rolling,Walkout
  • Waterfront YN: No
  • Lot Size: 460x471x427x466
  • Land Lease: No
  • Lot Features: Irregular Lot, Property Adjoins Public Land, Tree Coverage - Heavy, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3611823110033
  • Tax Annual Amount: 11744
  • TaxWithAssessments: 11744

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $5,932 $581,300 $531,300 $50,000
2022 $5,140 $450,000 $400,000 $50,000
2021 $5,168 $456,000 $406,000 $50,000
2020 $4,975 $456,000 $406,000 $50,000
2019 $4,672 $425,000 $375,000 $50,000
2018 $4,340 $400,000 $350,000 $50,000
2017 $4,297 $365,000 $350,000 $15,000
2016 $4,424 $365,000 $350,000 $15,000
2015 $5,451 $440,000 $425,000 $15,000
2014 -- $427,000 $412,000 $15,000
Source: Public Records

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 Prior Sale
06/26/2026 06/26/26 For Sale $2,595,000 +54.9% --
10/05/2023 10/05/23 Sold $1,675,000 -1.2% $603 / Sq Ft View Prior Sale
09/08/2023 09/08/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,695,000 -15.2% $610 / Sq Ft
05/21/2023 05/21/23 For Sale $1,998,000 -- $719 / Sq Ft
Source: NorthstarMLS

Purchase 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 Type Sale Price Title Company
Deed $1,675,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7089111

NorthstarMLS

APN: 36-118-23-11-0007

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