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Sean O'Brien
(651) 390-5432sean.obrien@cbrealty.com
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  • 3900 Northwoods Drive
    Shoreview, MN 55112
    (651) 483-1200

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Northstar MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

$1,100,000
For Sale

481 Peavey Lane

Wayzata, MN 55391
2 beds | 1.75 baths | #7014977
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Listing OfficeHale Properties, Inc
481 Peavey Lane
55 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild Opportunity 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.

  • Property Details
      • Parking FeaturesAttached Garage, Driveway - Other Surface, Electric, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Ins
      • AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, W
      • Basement DescriptionBlock, Unfinished, Walkout
      • RoofAge Over 8 Years, Asphalt
      • Property SubtypeSingle Family Residence
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • SubdivisionFerndale Woods
      • Parcel Number0111723310010
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • HeatingForced Air
      • Cost1100000.0
      • Property TypePurchase
      • CountyHennepin
      • School DistrictWayzata
      • Taxes Annual$11,101
      • MLS #7014977
      • MLS #7014977
      • Parking TypeGarage
      • Bathrooms1.75
      • Year Built1981
      • Parking Spaces3.0
      • Days on Market (Cumulative)152
      • Hoa Fees0.0
      • Fireplaces1
      • Bedrooms2
      • Full Baths1
      • 3/4 Baths1
      • Basement1
      • Basement Finished1

Location

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Last Updated: 02/03/2026 at 7:53 PM. Source: NORTHSTAR

Provided By
Listing Agent: Frederick Soberay (#NST502023168)
Listing Office: Hale Properties, Inc (#NST7977)

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