513 Ferndale Road W, Wayzata, MN 55391

$3,500,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 4,707 Lot Size (sq. ft.): 49,658 Status: Closed
Current Price: $3,500,000 List Date: 4/14/2025 Last Modified: 8/08/2025

Overview

Description

This property features every wonderful aspect of lake living that one can dream of. A short walk to the village of Wayzata, a cozy yet sophisticated cottage that has been impeccably maintained. Hidden by enchanting landscaping, stunning gardens and river rock walls, the interior spaces are relaxed, timeless and focused entirely by magical views of Peavey Pond. If you seek privacy, serenity and astounding views, all within this amazing location, this home is for you. Please note that the third bedroom doubles as a family room and the Murphy bed is easily accessible.

Listing Details MLS# 6695378

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
235
Waterfront Present
Yes
Year Built
1966
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
2750
Above Grd Total SqFt
2750
Below Grd Total SqFt
1957
Total SqFt
4707
Total Finished Sqft
4188.00
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2750
Garage Stalls
3
Lot Dimensions
259x228x143x250
Acres
1.14
Assessment Pending
Unknown
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Security System; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Wine Cooler Basement: Drain Tiled; Sump Pump Bath Description: Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Wood Family Room Characteristics: Great Room; Main Level Financing Terms: Conventional Fireplace Characteristics: Gas Burning; Living Room; Primary Bedroom; Wood Burning Foundation: Permanent Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Lower Level Lot Description: Irregular Lot; Tree Coverage - Heavy Parking Characteristics: Garage Door Opener; Heated Garage; Tuckunder Garage Pool Description: Below Ground; Heated Road Frontage: City Street Roof: Age 8 Years or Less; Shake; Wood Shingles Sewer: City Sewer/Connected Special Search: Main Floor Bedroom Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2025-05-22
Contingency
None
Closed Date
2025-07-11
Original List Price
4250000
Sales Close Price
3500000
ListPrice
3845000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
513
Street Name
Ferndale
Street Suffix
Road
Street Direction Suffix
W
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Assessments

Tax With Assessments
34309.24
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2750
Finished SqFt Below Ground
1438

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
0-4

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
29x25
Garage Square Feet
1037
Garage Door Opener
Yes
Heated Garage
Yes
Tuckunder Garage
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
REG. LAND SURVEY NO. 1443 TRACT A
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Country
US
Property ID Number
0111723340011
Tax Year
2025
Tax Amount
34309.24
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This property features every wonderful aspect of lake living that one can dream of. A short walk to the village of Wayzata, a cozy yet sophisticated cottage that has been impeccably maintained. Hidden by enchanting landscaping, stunning gardens and river rock walls, the interior spaces are relaxed, timeless and focused entirely by magical views of Peavey Pond. If you seek privacy, serenity and astounding views, all within this amazing location, this home is for you. Please note that the third bedroom doubles as a family room and the Murphy bed is easily accessible.
Directions
Wayzata Blvd to South on Ferndale Rd W to home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Patio
Yes
Security System
Yes
Sun Room
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
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
Wine Cooler
Yes

Basement

Drain Tiled
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Family Room Characteristics

Great Room
Yes
Main Level
Yes

Financing Terms

Conventional
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes
Primary Bedroom
Yes
Wood Burning
Yes

Foundation

Permanent
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Laundry Room
Yes
Lower Level
Yes

Lot Description

Irregular Lot
Yes
Tree Coverage - Heavy
Yes

Patio, Porch and Deck Features

Awning(s)
Yes
Deck
Yes
Patio
Yes

Pool Description

Below Ground
Yes
Heated
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes
Shake
Yes
Wood Shingles
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Bedroom
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Kitchen Dimensions: 19x14 Level: Main Dining Room Dimensions: 14x11 Level: Main Living Room Dimensions: 23x21 Level: Main Mud Room Dimensions: 08x07 Level: Main Deck Dimensions: 12x07 Level: Main Deck Dimensions: 22x08 Level: Main Third (3rd) Bedroom Dimensions: 24x13 Level: Lower Second (2nd) Bedroom Dimensions: 14x13 Level: Main First (1st) Bedroom Dimensions: 21x18 Level: Main Second Kitchen Dimensions: 13x08 Level: Lower Laundry Dimensions: 13x07 Level: Lower Exercise Room Dimensions: 21x10 Level: Lower
Listing Office: Lakes Sotheby's International
IDX
Last Updated: August - 08 - 2025
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.