585 Ferndale Road N, Wayzata, MN 55391

$1,675,000
3
BD
3
BA
2,777
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,675,000
List Price
$1,695,000
Days on Market
140
Closing Date
Oct 05, 2023
MLS#
6331326
Status
CLOSED
Type
Single Family Residential
Style
(SF) Single Family
Bedrooms
3
Bathrooms
3
Living Area
2,777
Acres
4.81
Year Built
1900

Property Description

Once in a lifetime gem! This is a truly rare opportunity to own a nearly 5-acre private building site overlooking Lake Lydiard in walking distance of Wayzata! If you love nature, privacy, and convenience, this is where your new dream home can be built! This home and site are tucked away in a wonderful neighborhood at the end of a nearly hidden driveway. The property has never been offered for sale in the last 50 years, and as such it is really an extraordinarily rare opportunity. The existing cottage house is loaded with charm but is likely a tear down as the value is in the land. There are historic elements of the home that could be repurposed. There is a wonderful trail that meanders around this private lake and of course the lake is known for its great quality fishing. There is wildlife galore, and this peaceful setting enjoys spectacular sunsets. You can bring your own builder.

Additional Information

School District
Wayzata
Amenities Unit
Deck, French Doors, Hardwood Floors, Kitchen Window, Local Area Network, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Walk-In Closet
Appliances
Dishwasher, Dryer, Electric Water Heater, Humidifier, Iron Filter, Range, Refrigerator, Washer, Water Softener Owned
Tax Year
2022
Waterfront Features
Lake View
Fencing
None
Fuel
Natural Gas
Lot Description
Tree Coverage - Heavy, Underground Utilities
Water Body Name
Lydiard
Sewer
Private Sewer, Septic System Compliant - No, Tank with Drainage Field
Roof
Age Over 8 Years, Asphalt
Air Conditioning
None
Heating
Forced Air
Water
Private, Well
Out Buildings
Garage(s)
Basement
Brick/Mortar, Other, Stone/Rock
Parking
Detached Garage
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.