Last Sold Price
6 beds8,404 sqft$607/sqft
498 Bovey Rd, Wayzata, MN 55391

Description

Incredible location with easy walkability into downtown Wayzata. Spectacular custom-built East Coast Hamptons style home in the sought-after Highcroft neighborhood amongst the Gold Coast of Lake Minnetonka. Enjoy a 1.41 ac private setting on the corner of Ferndale Road (just 1 block to the shores of Lake Minnetonka) with lush gardens, mature canopy, multiple patios and a quintessential front porch. This home was thoughtfully designed with classic East Coast shingle aesthetic and a side loading 3...Incredible location with easy walkability into downtown Wayzata. Spectacular custom-built East Coast Hamptons style home in the sought-after Highcroft neighborhood amongst the Gold Coast of Lake Minnetonka. Enjoy a 1.41 ac private setting on the corner of Ferndale Road (just 1 block to the shores of Lake Minnetonka) with lush gardens, mature canopy, multiple patios and a quintessential front porch. This home was thoughtfully designed with classic East Coast shingle aesthetic and a side loading 3 car garage + a 2 car detached garage that mirrors the house. The floorplan lends itself to easy entertaining as well as casual everyday life and boasts layered millwork, hardwoods throughout the main, expansive walls of windows and a gourmet kitchen with marble tops. Additional highlights include a main level office, 5 BRs upstairs and a lower level with a theater room, family room with walkout access to lawn, 6th BR suite, huge athletic court and backyard that could easily accommodate a pool.
LISTING CLOSED: 08/03/2022 12:00 AM

Listing Agent

  1. John C. Adams

    John C. Adams

    Listing Agent

    Compass

    P: (612) 269-9438

    M: (612) 269-9438

Property Details for 498 Bovey Road

Status
MLS #
6184747
Days on Compass
18
Taxes
$37,584 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2011
Lot Size
1.41 AC / 61,419 SF
Buyer's Agent Compensation
2.7%
Subdivision Name
Highcroft
Zoning Jurisdiction
Residential-Single Family

Recent comparable sales

Median sold price

$3,621,575

Avg days on market

78

Sale-to-list ratio

94.2%

Wayzata, MN

9 comparable properties found

$4,350,000 | 621 Ferndale Road West, Wayzata, MN 55391
1/96
1

$4,350,000

Sold 06/23/25

6
Bedrooms
8,063
Square Feet
4.99
Acres
$4,162,151 | 415 Highcroft Road, Wayzata, MN 55391
1/2
2

$4,162,151

Sold 07/22/25

6
Bedrooms
6,091
Square Feet
1.56
Acres
$2,195,000 | 280 Wakefield Road, Wayzata, MN 55391
1/2
3

$2,195,000

Sold 02/27/25

5
Bedrooms
8,221
Square Feet
2.56
Acres
$3,543,150 | 314 Bushaway Road, Wayzata, MN 55391
1/74
4

$3,543,150

Sold 09/19/25

5
Bedrooms
7,186
Square Feet
1.89
Acres
$1,613,000 | 251 Glenbrook Road North, Wayzata, MN 55391
5

$1,613,000

Sold 06/30/25

6
Bedrooms
5,605
Square Feet
0.53
Acres
$3,700,000 | 1615 Locust Hls Trail, Wayzata, MN 55391
1/97
6

$3,700,000

Sold 07/14/25

5
Bedrooms
6,961
Square Feet
0.37
Acres
$5,000,000 | 16612 Grays Bay Boulevard, Wayzata, MN 55391
1/2
7

$5,000,000

Sold 03/31/25

5
Bedrooms
5,829
Square Feet
0.51
Acres
$6,530,000 | 964 Shady Lane East, Wayzata, MN 55391
1/5
8

$6,530,000

Sold 06/01/26

5
Bedrooms
7,525
Square Feet
0.73
Acres
$3,700,000 | 1038 Lake Street East, Wayzata, MN 55391
9

$3,700,000

Sold 11/18/25

5
Bedrooms
5,402
Square Feet
0.34
Acres

Location

Sold By Lakes Sotheby's International

Add your commute

Building Information for 498 Bovey Road

Stories-Year Built2011Building Size-Lot Size1.41 AC / 61,419 SF

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$29,055 per month

30 year fixed, 6.55% Interest

Principal and Interest

$25,923

Property Taxes

$3,132

HOA Dues

$0

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Property Information for 498 Bovey Road

Summary
Location and General Information
  • City Name: Wayzata
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Wayzata Boulevard to Ferndale Road South to Ferndale Road West, right on Bovey Road.
  • Latitude: 44.9641404099
  • Longitude: -93.5321676457
  • Map Coordinate: 104-B3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Wayzata
  • City and Location Text: Wayzata(MN)
  • Postal Code: 55391
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 0111723430011
  • Tax Annual Amount: $37,584.00
  • Tax Legal Description: LOT 001 BLOCK 005 HIGHCROFT SUBD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 37584.0600
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 763-745-5000
Property
Lot Information
  • Above Grade Fin SQFT: 5166.0
  • Below Grade Fin SQFT: 3238.0
  • SQFT Total: 8404.0
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 1.41
  • Lot Size Dimensions: W304X190X293X210
  • Lot Size Square Feet: 61419.6
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Invisible
  • Foundation Area: 3440.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets
  • Roof: Shake
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Basement Type: Finished, Full, Concrete, Walkout
  • Amenities Unit: Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Master Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet
  • Bath Desc: 3/4 Basement,Basement,Bathroom Ensuite,Full Master,Full Jack & Jill,Private Master,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath,Walk-In Shower Stall
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 6
  • Bedrooms Total: 6
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Fireplaces Total: 3
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Breakfast Area,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Separate/Formal Dining Room
  • Garage Square Feet: 0
  • Heating: Forced Air, Radiant Floor
  • Levels: Two
  • Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Game Room, Media Room, Exercise Room, Great Room
  • Room List: Dining Room, Exercise Room, Family Room, Bedroom 5, Bedroom 1, Bedroom 4, Game Room, Great Room, Kitchen, Living Room, Media Room, Bedroom 2, Bedroom 6, Bedroom 3
Room Information
Room 1
  • Room Dimensions: 16x12
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 14x9
  • Room Level: Lower
  • Room Type: Exercise Room
Room 3
  • Room Dimensions: 19x16
  • Room Level: Lower
  • Room Type: Family Room
Room 4
  • Room Level: Upper
  • Room Type: Bedroom 5
Room 5
  • Room Dimensions: 21x17
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 15x12
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 7
  • Room Dimensions: 18x12
  • Room Level: Lower
  • Room Type: Game Room
Room 8
  • Room Dimensions: 19x18
  • Room Level: Main
  • Room Type: Great Room
Room 9
  • Room Dimensions: 22x15
  • Room Level: Main
  • Room Type: Kitchen
Room 10
  • Room Dimensions: 14x14
  • Room Level: Main
  • Room Type: Living Room
Room 11
  • Room Dimensions: 19x16
  • Room Level: Lower
  • Room Type: Media Room
Room 12
  • Room Dimensions: 14x12
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 13
  • Room Level: Lower
  • Room Type: Bedroom 6
Room 14
  • Room Dimensions: 15x12
  • Room Level: Upper
  • Room Type: Bedroom 3

Property History for 498 Bovey Road

DateEvent & SourcePriceAppreciation
Aug 3, 2022

Sold (Public Record)

Public Record #1495662523

$5,100,000

+7.0% / yr

Aug 3, 2022

Sold

NorthStar #6184747

$5,100,000
Jun 7, 2022

Pending

NorthStar #6184747

DateEvent & SourcePrice
08/03/2022

Sold (Public Record)

Public Record #1495662523

$5,100,000

+7.0% / yr

08/03/2022

Sold

NorthStar #6184747

$5,100,000
06/07/2022

Pending

NorthStar #6184747

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

Public Records for 498 Bovey Road

Taxable ValueLand$1,722,600Additions$2,543,400Total$4,266,000
Tax Record2025$55,061 ($4,588 / month)
Home Facts
Beds5Baths4.5Total Finished SqFt5,312 SqFtAbove Grade Finished SqFt5,312 SqFtStories2Lot Size61,420 SqFtStyleSingle Family ResidenceYear Built2011Year Renovated2015CountyHENNEPINAPN01-117-23-43-0011

Schools near 498 Bovey Road

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 498 Bovey Road, Wayzata, MN 55391
$5,100,000
6
8,404
61,419
3
3
3,553
52,272
$2,050,000
5
6,713
39,639
$2,029,000
5
5,307
66,211
$320,000
65,340
$2,700,000
7
6
11,296
130,244

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 08/04/2022 09:04 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.