Listing Courtesy of: 
NORTHSTAR MLS / Hale Properties, Inc
NORTHSTAR MLS / Hale Properties, Inc 481 Peavey Lane Wayzata, MN 55391
Active (30 Days)
$1,500,000
Description
MLS #:
6752865
6752865
Taxes
$11,101(2025)
$11,101(2025)
Lot Size
2.59 acres
2.59 acres
Type
Single-Family Home
Single-Family Home
Year Built
1981
1981
Style
One
One
School District
Wayzata
Wayzata
County
Hennepin County
Hennepin County
Listed By
Fritz, Hale Properties, Inc
Source
NORTHSTAR MLS
Last checked Aug 31 2025 at 1:09 AM GMT+0000
NORTHSTAR MLS
Last checked Aug 31 2025 at 1:09 AM GMT+0000
Bathroom Details
- Full Bathroom: 1
- 3/4 Bathroom: 1
Interior Features
- Dishwasher
- Cooktop
- Refrigerator
- Washer
- Dryer
- Water Softener Owned
- Gas Water Heater
- Disposal
- Wall Oven
- Freezer
- Water Filtration System
- Water Osmosis System
Subdivision
- Ferndale Woods
Lot Information
- Irregular Lot
- Many Trees
Property Features
- Fireplace: 1
- Fireplace: Gas
Heating and Cooling
- Forced Air
- Central Air
Basement Information
- Walkout
- Unfinished
- Block
Pool Information
- None
Exterior Features
- Roof: Age Over 8 Years
- Roof: Asphalt
Utility Information
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Parking
- Attached Garage
- Insulated Garage
- Heated Garage
- Garage Door Opener
- Driveway - Other Surface
- Storage
- Floor Drain
- Electric
- Finished Garage
Stories
- 1
Living Area
- 1,583 sqft
Location
Disclaimer: 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. Real estate listings held by brokerage firms other than Minnesota Metro are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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.