Property details
About 461 Peavey Ln
Situated on 2.25 acres in the heart of Wayzata, 461 Peavey Lane offers you a magnificent opportunity to turn your dream home into a beautiful reality. Nestled at the end of the street with amazing marsh views and mature trees, this location provides both a tranquil retreat-like setting plus easy access to all that downtown Wayzata has to offer... shops, dining, Lake Minnetonka, and Dakota Regional Trail are just a short walk/drive away. Open to all builders.
Highlights
Summary
- List Price: $2,250,000
- HOA Amount: $0
- Annual Tax Amount: $15,938
- Tax Year: 2023
- Directions: Wayzata Boulevard, south on Ferndale Road, west on Peavey Lane to home.
- MLS Number: 6744233
- MLS Name: NORTHSTAR
- Office Name: Compass
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
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, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 7:37:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,383,600 | $15,938 |
| 2022 | $1,188,000 | $13,938 |
| 2021 | $1,071,000 | $14,069 |
| 2020 | $975,000 | $12,652 |
| 2019 | $972,000 | $13,087 |
| 2018 | $895,000 | $11,999 |
| 2017 | $902,000 | $12,316 |
History based on county public records data.
Nearby schools
7
Gleason Lake Elementary School
Public District KG-5
1.9 mi
•310 County Road 101 N
6
Oakwood Elementary School
Public District KG-5
2.6 mi
•17340 County Road 6
10
Groveland Elementary
Public District KG-5
2.6 mi
•17310 Minnetonka Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $113,362. Typical income of Wayzata, MN residents is $200k+ annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
GameStop
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
Frequently asked questions
About 461 Peavey Ln
The listing price of 461 Peavey Ln property is $2,250,000.
The property 461 Peavey Ln is land located in Wayzata, Minnesota, 55391.
Active Listing: 461 Peavey Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 461 Peavey Ln are: Gleason Lake Elementary School (GreatSchools Rating 7/10), Oakwood Elementary School (GreatSchools Rating 6/10), Groveland Elementary (GreatSchools Rating 10/10), West Middle School (GreatSchools Rating 8/10), Central Middle School (GreatSchools Rating 7/10), Orono Middle School (GreatSchools Rating 7/10), Orono High School (GreatSchools Rating 9/10), Minnetonka High School (GreatSchools Rating 10/10), Tier Two (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $15,938 (source: MLS/based on county public records data).
This home is located at 461 Peavey Ln in Wayzata, MN and zip code 55391. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $2,250,000.
Wayzata, MN housing market in June 2025 saw over 10 listings sold above listed price, more than 9 sold at listed price and over 18 sold below. The number of listings in Wayzata, MN increased by 0.6% between May and June 2025. Listings spent 24 days on the market in June 2025, and had a median list price of $982,500 during the same period.