461 Peavey Ln

4,718 Sq. Ft.
$376 / Sq. Ft.
4,718
Sq. Ft.
$376
per Sq. Ft.

Description

Welcome to 461 Peavey Lane, nestled in the serene Highcroft neighborhood of Wayzata. This home offers a rare opportunity in a quiet cul d sac with room to grow on a sprawling 2.5-acre lot. This residence boasts 4 spacious bedrooms and 4
bathrooms, including a private Jack and Jill bedroom wing across an expansive 4,718 square feet. As you enter, you are greeted by a grand main floor with soaring 16ft foot ceilings, capped w crown molding, floor to ceiling windows overlooking the woodland marsh. The
...Welcome to 461 Peavey Lane, nestled in the serene Highcroft neighborhood of Wayzata. This home offers a rare opportunity in a quiet cul d sac with room to grow on a sprawling 2.5-acre lot. This residence boasts 4 spacious bedrooms and 4
bathrooms, including a private Jack and Jill bedroom wing across an expansive 4,718 square feet. As you enter, you are greeted by a grand main floor with soaring 16ft foot ceilings, capped w crown molding, floor to ceiling windows overlooking the woodland marsh. The custom library shares the amazing view. The kitchen and family room area is perfect for entertaining or family gatherings. The primary suite is a sanctuary of comfort with its own fireplace (1 of 3 wood-burning fireplaces), walk-in closet, and luxurious ensuite bathroom. The upper-level
features two additional well-appointed bedrooms, while the fourth bedroom on the lower level provides privacy and versatility. The property also includes a partial lower level, offering additional living space and functionality. For wine-lovers, including a bonus segregated temp controlled wine cellar. The attached 3-car garage ensures ample space for vehicles and storage. Enjoy the beauty of nature
from the deck. This home is ideally situated just a short distance from downtown Wayzata, where you can enjoy a variety of dining options, charming shops, sandy beach, an ADA equipped playground. Additionally, outdoor enthusiasts will appreciate easy access to the new lakeside boardwalk and the Dakota Trail, perfect for walking, running, and biking.

Listing Agents

  1. Beth Ulrich

    Beth Ulrich

    Listing Agent

    Compass

    beth.ulrich@compass.com

    P: (612)-964-7184

  2. Chelsey Danielson

    Chelsey Danielson

    Alternative Listing Agent

    Compass

Property Details for 461 Peavey Lane

Subdivision Name
Ferndale Woods
Zoning Jurisdiction
Residential-Single Family

Open Houses

Sunday, Feb 22nd

11:00 AM - 1:00 PM

Public

LISTING UPDATED: 02/21/2026 04:33 PM

Property Details for 461 Peavey Lane

StatusActive
MLS #6780111
Days on Compass16
Taxes$17,982 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size2.48 AC / 108,028 SF
CountyHennepin County
Add your commute

Building Information for 461 Peavey Lane

Stories-Year Built1984Building Size-Lot Size2.48 AC / 108,028 SF

Payment Calculator

$10,150 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,651

Property Taxes

$1,499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 461 Peavey Lane

Summary
Location and General Information
  • City Name: Wayzata
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Wayzata Boulevard, south on Ferndale Road, west on Peavey Lane to home.
  • Latitude: 44.969451
  • Longitude: -93.535748
  • Map Coordinate: 104-A3
  • City and Location: Wayzata
  • City and Location Text: Wayzata(MN)
  • Postal Code: 55391
  • State Or Province: MN
  • Public Survey Township: 117
Taxes and HOA Information
  • Additional Parcels Description: 0111723310014
  • Additional Parcels: Yes
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 0111723310011
  • Tax Annual Amount: $17,981.82
  • Tax Legal Description: LOT 017 BLOCK 001 FERNDALE WOODS
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 17981.82
School Information
  • High School District: 1280 - Wayzata
  • School District Number: 1280
  • School District Phone: 7637455000
Property
Lot Information
  • Above Grade Fin SQFT: 3623.0
  • Below Grade Fin SQFT: 1095.0
  • SQFT Total: 4718.0
  • Living Area Units: Square Feet
  • Lot Size Area: 2.48
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 3623
  • Above Grade SqFt Total: 3623
  • Below Grade SqFt Total: 1325
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 3591.0
  • Fuel: Natural Gas
  • Roof: Age Over 8 Years
  • Patio Porch Type: Deck
Interior Features
  • Appliances: Dishwasher, Double Oven, Microwave, Other, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Basement Type: Partial
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Other,Porch,Security System,Sun Room,Walk-In Closet
  • Bath Desc: 3/4 Basement,Basement,Bathroom Ensuite,Private Primary,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 4
  • Bedrooms Total: 4
  • Fireplaces Total: 3
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Informal Dining Room,Separate/Formal Dining Room
  • Garage Dimensions: 23x35
  • Garage Square Feet: 800
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Main Level, Sink
  • Levels: Four or More Level Split
  • Room List: Dining Room, Family Room, Bedroom, Bedroom 4, Informal Dining Room, Living Room, Office, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 21x12
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 21x20
  • Room Level: Main
  • Room Type: Family Room
Room 3
  • Room Dimensions: 25x16
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 12x14
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 5
  • Room Dimensions: 12x12
  • Room Level: Main
  • Room Type: Informal Dining Room
Room 6
  • Room Dimensions: 20x27
  • Room Level: Main
  • Room Type: Living Room
Room 7
  • Room Dimensions: 18x14
  • Room Level: Main
  • Room Type: Office
Room 8
  • Room Dimensions: 13x16
  • Room Type: Bedroom 2
Room 9
  • Room Dimensions: 14x14
  • Room Type: Bedroom 3

Property History for 461 Peavey Lane

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Off Market

NorthStar #6780104

—
Sep 22, 2025

Listed (Active)

NorthStar #6780104

—
Sep 22, 2025

Listed (Active)

NorthStar #6780111

—
Sep 18, 2025

Off Market

NorthStar #6780111

—
Sep 18, 2025

Off Market

NorthStar #6780104

—
Sep 2, 2025

Price Change

NorthStar #6780111

$1,775,000—
Sep 2, 2025

Listed (Active)

NorthStar #6780111

—
Sep 2, 2025

Price Change

NorthStar #6780104

$1,775,000—
Sep 2, 2025

Listed (Active)

NorthStar #6780104

—
Sep 2, 2025

Off Market

NorthStar #6744233

—
Sep 2, 2025

Off Market

NorthStar #6697199

—
Jun 24, 2025

Price Change

NorthStar #6744233

$2,250,000—
Jun 24, 2025

Listed (Active)

NorthStar #6744233

—
Jun 16, 2025

Listed (Active)

NorthStar #6697199

—
Jan 15, 2001

Off Market

NorthStar #1544382

—
Jan 14, 2001

Off Market

NorthStar #1544382

—
Jan 14, 2001

Off Market

NorthStar #1544382

—
Nov 20, 2000

Listed (Active)

NorthStar #1544382

$995,000—
DateEvent & SourcePrice
09/30/2025

Off Market

NorthStar #6780104

—
09/22/2025

Listed (Active)

NorthStar #6780104

—
09/22/2025

Listed (Active)

NorthStar #6780111

—
09/18/2025

Off Market

NorthStar #6780111

—
09/18/2025

Off Market

NorthStar #6780104

—
09/02/2025

Price Change

NorthStar #6780111

$1,775,000
09/02/2025

Listed (Active)

NorthStar #6780111

—
09/02/2025

Price Change

NorthStar #6780104

$1,775,000
09/02/2025

Listed (Active)

NorthStar #6780104

—
09/02/2025

Off Market

NorthStar #6744233

—
09/02/2025

Off Market

NorthStar #6697199

—
06/24/2025

Price Change

NorthStar #6744233

$2,250,000
06/24/2025

Listed (Active)

NorthStar #6744233

—
06/16/2025

Listed (Active)

NorthStar #6697199

—
01/15/2001

Off Market

NorthStar #1544382

—
01/14/2001

Off Market

NorthStar #1544382

—
01/14/2001

Off Market

NorthStar #1544382

—
11/20/2000

Listed (Active)

NorthStar #1544382

$995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 461 Peavey Lane

Taxable ValueLand$677,500Additions$799,700Total$1,477,200
Tax Record2025$17,808 ($1,484 / month)
Home Facts
Beds11Baths3.5Total Finished SqFt5,587 SqFtAbove Grade Finished SqFt5,587 SqFtUnfinished Basement SqFt620 SqFtStories2Lot Size98,010 SqFtStyleSingle Family ResidenceYear Built1984Year Renovated2005CountyHENNEPINAPN01-117-23-31-0011Fireplace TypeHas Fireplace

Schools near 461 Peavey Lane

This home is within Wayzata Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Gleason Lake Elementary School
PublicK to 5

Wayzata West Middle School
Public6 to 8

Wayzata High School
Public9 to 12

Central Middle Alternative (Cmap)
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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461 Peavey Lane is a single family home for sale in Wayzata, MN 55391. This property was listed for sale on September 2, 2025 by Compass, it's currently listed at $1,775,000. This listing's school district is Wayzata Public School District. Nearby schools include Gleason Lake Elementary School, Wayzata West Middle School and Wayzata High School. 461 Peavey Lane is a 4-bed, 4-bath, 4,718 sqft single family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 02/21/2026 04:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.