585 Ferndale Rd N

209,523 / 4.81
Lot Size / Acres

Description

Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate...Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rate blend of natural beauty, privacy, and accessibility, this is an exceptional opportunity to create a truly remarkable home in one of the area's most desirable locations.
  1. Listed by Coldwell Banker Realty

Property Details for 585 Ferndale Road North

Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 07/02/2026 12:36 PM

Property Details for 585 Ferndale Road North

StatusActive
MLS #7089111
Days on Compass1
Taxes$11,744 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built1900
Lot Size4.81 AC
CountyHennepin County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 585 Ferndale Road North

Lot Size4.81 AC

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$13,910 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,931

Property Taxes

$979

HOA Dues

$0

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Property Information for 585 Ferndale Road North

Summary
Location and General Information
  • City Name: Wayzata
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: From Lake street head North on Ferndale Rd N. From 6 heaad South on Ferndale. Take Ferndale Rd N and turn onto Lydiard Rd. Take Left toward the home.
  • Latitude: 44.988942
  • Longitude: -93.526769
  • Map Coordinate: 104-B2
  • City and Location: Wayzata
  • City and Location Text: Wayzata(MN)
  • Postal Code: 55391
  • State Or Province: MN
  • Public Survey Township: 118
  • Topography: Gently Rolling,Walkout
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3611823110033
  • Tax Annual Amount: $11,744.00
  • Tax Legal Description: Unplattted 36 118 23 that part of S 269.6 Ft of Govt Lot 3 Lying W of a Line Running From a Pt in S Line of Said Lot 3 Dist 44.75 Ft E From W Cor Thereof to a Pt 675 Ft S from N Line of Lot 3 and 830
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 11744
School Information
  • High School District: 284 - Wayzata
  • School District Number: 284
  • School District Phone: 7637455000
Property
Lot Information
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot, Property Adjoins Public Land, Tree Coverage - Heavy, Tree Coverage - Medium
  • Lot Size Area: 4.81
  • Lot Size Dimensions: 460x471x427x466
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Road Frontage Type: Private Road, Storm Sewer
  • Road Responsibility: Public Maintained Road
Interior Features
  • Basement YN: No

Property History for 585 Ferndale Road North

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Price Change

NorthStar #7089111

$2,595,000
Jun 26, 2026

Listed (Active)

NorthStar #7089111

Sep 26, 2023

Sold (Public Record)

Public Record #1520879932

$1,675,000
DateEvent & SourcePrice
06/26/2026

Price Change

NorthStar #7089111

$2,595,000
06/26/2026

Listed (Active)

NorthStar #7089111

09/26/2023

Sold (Public Record)

Public Record #1520879932

$1,675,000

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

Public Records for 585 Ferndale Road North

Taxable ValueLand$954,000Additions$50,000Total$1,004,000
Tax Record2026$11,745 ($979 / month)
Home Facts
Beds3Total Finished SqFt2,380 SqFtAbove Grade Finished SqFt2,380 SqFtStories1Lot Size209,524 SqFtStyleSingle Family ResidenceYear Built1900CountyHENNEPINAPN36-118-23-11-0033

Schools near 585 Ferndale Road North

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.

Similar Homes

585 Ferndale Road North is a 4.81 ac of land for sale in Wayzata, MN 55391. This property was listed for sale on June 26, 2026 by Coldwell Banker Realty, it's currently listed at $2,595,000. It has been on the market for a total of 1 days and was last sold on September 26, 2023. 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. 585 Ferndale Road North is a 0-bed, 0-bath, 4.81 ac of land built in 1900 on a 209,523 sq. ft. / 4.81 acres lot.

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.

Listing Courtesy of Coldwell Banker Realty

Based on information submitted to the MLS GRID as of 07/02/2026 12:36 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.