481 Peavey LN Open House

Wayzata,MN 55391

$ 1500000

2 Beds

2 Baths

1583 SqFt


OPEN HOUSE

Sun Aug 10, 10:00am - 11:30am 

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,583 sqft

Price per Sqft $947

Subdivision Ferndale Woods

MLS Listing ID 6752865

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

Year Built 1981

Annual Tax Amount $11,101

Tax Year 2025

Contingent None

Lot Size 2.590 Acres

Acres 2.59

Lot Dimensions Approximately 400 x 280, but unique shape. See Map

Property Sub-Type Single Family Residence

Property Description

Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild Opportunity

Tucked at the end of a quiet cul-de-sac, this 2.5-acre property offers a rare combination of privacy, space, and potential minutes from downtown Wayzata. The existing all-brick walkout rambler has been well maintained by the current owner and offers a smart layout with main level primary bedroom, and generous room sizes throughout.

The lower level is a walkout with high ceilings, ready to be finished to suit your needs. The oversized 3-car garage is extra deep, heated, and fully equipped with water, drains, and a built-in air compressor system.

The lot is wide and deep, with mature trees and a stream running through the back of the property. Whether you're considering a remodel, an expansion, or a full rebuild, the site offers flexibility and long-term upside. Blueprints are available.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Block,Unfinished,Walkout

Dining Room Breakfast Area,Separate/Formal Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Gas

Fireplace Yes

Appliance Cooktop,Dishwasher,Disposal,Dryer,Freezer,Gas Water Heater,Water Filtration System,Water Osmosis System,Refrigerator,Wall Oven,Washer,Water Softener Owned

Exterior

Parking Features Attached Garage,Driveway - Other Surface,Electric,Floor Drain,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Storage

Garage Spaces 3.0

Pool None

Roof Type Age Over 8 Years,Asphalt

Building

Lot Description Irregular Lot,Many Trees

Story One

Foundation 1583

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick/Stone

New Construction false

Schools

School District Wayzata

Others

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