128 Peavey Lane, Wayzata, MN 55391

New Listing
$3,195,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,513 Lot Size (sq. ft.): 92,783 Status: Active
Current Price: $3,195,000 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

Description

Incredible to-be-built home by Charles Cudd Co. on over 2 acres in Wayzata’s most coveted location, just steps from Wayzata Beach on Lake Minnetonka and vibrant shops, restaurants, and entertainment. This property offers a private driveway off Peavey Lane and a build site with beautiful natural views overlooking the wetlands. The site accommodates a home design with walkout access on both the main and lower levels, all within a peaceful and secluded setting. Enjoy convenient access to the Dakota Rail Regional Trail and a connection to the highly desirable Highcroft neighborhood. Open to all builders.

Listing Details MLS# 7061065

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
2375
Above Grd Total SqFt
2375
Below Grd Total SqFt
2138
Total SqFt
4513
Total Finished Sqft
4338.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
2138
Garage Stalls
3
Lot Dimensions
N206x241x440x401
Acres
2.13
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Main Floor Primary Bedroom; Natural Woodwork; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Drain Tiled; Sump Pump Bath Description: Main Floor 1/2 Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower Builder Information: Builders Association of the Twin Cities Construction Status: To Be Built/Floor Plan Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Exterior: Shakes Family Room Characteristics: Entertainment/Media Center; Family Room; Lower Level; Main Level Fireplace Characteristics: Family Room; Gas Burning Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Special Search: 3 BR on One Level; All Living Facilities on One Level; Primary Bdr Suite Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
3195000
ListPrice
3195000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
128
Street Name
Peavey
Street Suffix
Lane
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Ankeny Add

Assessments

Tax With Assessments
14156.76
Assessment Balance
0

Builder Information

Builder ID
CHARLES CUDD CO LLC
Builder License Number
635245
Builder Name
CHARLES CUDD CO LLC
Builders Association of the Twin Cities
Yes

More Information

Building Information

Finished SqFt Above Ground
2375
Finished SqFt Below Ground
1963

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
922
Garage Door Opener
Yes

Public Survey Info

Range#
23
Section#
01
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 001 BLOCK 001 ANKENY ADDN
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
Property ID Number
0111723410033
Tax Year
2026
Tax Amount
14156.76
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible to-be-built home by Charles Cudd Co. on over 2 acres in Wayzata’s most coveted location, just steps from Wayzata Beach on Lake Minnetonka and vibrant shops, restaurants, and entertainment. This property offers a private driveway off Peavey Lane and a build site with beautiful natural views overlooking the wetlands. The site accommodates a home design with walkout access on both the main and lower levels, all within a peaceful and secluded setting. Enjoy convenient access to the Dakota Rail Regional Trail and a connection to the highly desirable Highcroft neighborhood. Open to all builders.
Directions
Wayzata Blvd to south on Ferndale Rd S to west on Peavey Ln to property.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Drain Tiled
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

To Be Built/Floor Plan
Yes

Dining Room Description

Eat In Kitchen
Yes
Kitchen/Dining Room
Yes

Exterior

Shakes
Yes

Family Room Characteristics

Entertainment/Media Center
Yes
Family Room
Yes
Lower Level
Yes
Main Level
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes

Lot Description

Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Primary Bdr Suite
Yes

Stories

One
Yes

Water

City Water/Connected
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: May - 06 - 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.