513 Ferndale Road W, Wayzata, MN 55391

$3,500,000

Virtual Tour

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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: 7/12/2026

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 YN: 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

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 Waterfront Type: Lake Front; Lake View; Dock

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

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

Room Information

Room Name	Dimensions	Level
Kitchen	19x14	Main
Dining Room	14x11	Main
Living Room	23x21	Main
Mud Room	08x07	Main
Deck	12x07	Main
Deck	22x08	Main
Third (3rd) Bedroom	24x13	Lower
Second (2nd) Bedroom	14x13	Main
First (1st) Bedroom	21x18	Main
Second Kitchen	13x08	Lower
Laundry	13x07	Lower
Exercise Room	21x10	Lower

Listing Office: Lakes Sotheby's International

Last Updated: July - 12 - 2026

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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

513 Ferndale Road W, Wayzata, MN 55391 (MLS# 6695378)