New - 1 day on Rocket
$10,000 Closing Credit¹
Listing Office: Coldwell Banker Realty
565 Ferndale Rd W Wayzata, MN 55391
$13,450,000 List price
6 beds
3 full, 2 partial
7,635 sqft
$1,762 / sqft
House
Property details
About 565 Ferndale Rd W
An incredible opportunity to capture the last great estate site in Wayzata! A winding wooded private drive brings you to a large home overlooking a small quiet bay leading into Lake Minnetonka, with a dock for lake access and recreational enjoyment. Existing 1914 house has large rooms for entertaining, high ceilings and beautiful bluestone patios, gardens, and lawns. Panoramic views of open wetlands stretch to the north, while to the south there are seasonal views of Lake Minnetonka from one of the highest wooded bluffs in Wayzata. Twelve unspoiled acres, all tucked discretely on Wayzata's most sought-after address. Main house and caretaker cottage sold as is. Subdivision potential.
Highlights
Home typeSingle Family Residence
HeatingHot Water
StatusActive
CoolingCentral Air
Size7,635 sqft
BasementYes
Year built1914
ParkingDetached
MLS #6600730
Garage3 spaces
WaterfrontDock, Lake Front
FireplaceFamily Room, Living Room, Wood Burning
Summary
- MLS Number: 6600730
- MLS Name: NORTHSTAR
- Office Name: Compass
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$13,450,000
565 Ferndale Rd W
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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 | $4,479,800 | $50,433 |
| 2022 | $4,046,000 | $48,451 |
| 2021 | $3,657,000 | $50,941 |
| 2020 | $3,647,000 | $49,715 |
| 2019 | $3,242,000 | $45,684 |
| 2018 | $3,237,000 | $46,355 |
| 2017 | $3,290,000 | $48,340 |
History based on county public records data.
Nearby schools
7
Gleason Lake Elementary School
Public District KG-5
2.1 mi
•310 County Road 101 N
10
Groveland Elementary
Public District KG-5
2.5 mi
•17310 Minnetonka Blvd
6
Oakwood Elementary School
Public District KG-5
2.8 mi
•17340 County Road 6
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. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
24%
<35k
21%
35k-100k
16%
100k-200k
39%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
4%
Single, with Kids
35%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
11%
12-17 yrs old
11%
18-34 yrs old
41%
35-64 yrs old
27%
65+ yrs old
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
All data provided by Home Junction and Claritas
Similar homes for sale
Listing Office: Coldwell Banker Realty
Video tour
Listing Office: Scates Real Estate, LLC
$10,000 Closing Credit¹
Listing Office: Compass
Frequently asked questions
About 565 Ferndale Rd W
This home is located at 565 Ferndale Rd W in Wayzata, MN and zip code 55391 in the Brown's Bay neighborhood. This 7,635 square foot home was built in 1914. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $13,450,000.
Over 4 listings were sold over their listed price in December 2024 in Wayzata, MN. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price. In December 2024 in Wayzata, MN there were 3.8% less homes for sale than in November. While the average time on the market in December 2024 was 28 days, the median list price was $972,187.
From Rocket Homes Real Estate and based on county public records data.