#6653326, Listing Office: Compass
$13,450,000 List price
565 Ferndale Rd W Wayzata, MN 55391
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
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Basement: Yes
- Fireplace: Family Room, Living Room, Wood Burning
- Total Bedroom Count: 6
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Detached
- Waterfront: Dock, Lake Front
- Heating: Hot Water
- Cooling: Central Air
- List Price: $13,450,000
- Price/SqFt: $1,761
- Annual Tax Amount: $50,433
- Tax Year: 2023
- Lot: Many Trees
- Directions: Ferndale Rd W, located on the west side of Peavey Pond
- Year Built: 1914
- Living Area: 7,635 SqFt
- MLS Number: 6600730
- 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: 4/28/2025, 8:22:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$13,450,000
565 Ferndale Rd W
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Wayzata, MN residents have annual incomes $200k+. Typical family type is single, no kids. 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
Frequently asked questions
About 565 Ferndale Rd W
The listing price of 565 Ferndale Rd W property is $13,450,000.
The property 565 Ferndale Rd W is a house located in Wayzata, Minnesota, 55391.
Active Listing: 565 Ferndale Rd W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 565 Ferndale Rd W are: Gleason Lake Elementary School (GreatSchools Rating 7/10), Groveland Elementary (GreatSchools Rating 10/10), Oakwood Elementary School (GreatSchools Rating 6/10), West Middle School (GreatSchools Rating 8/10), Central Middle School (GreatSchools Rating 7/10), Minnetonka Middle School East (GreatSchools Rating 9/10), Orono High School (GreatSchools Rating 9/10), Minnetonka High School (GreatSchools Rating 10/10), Hopkins West Junior High (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $50,433 (source: MLS/based on county public records data).
The property at 565 Ferndale Rd W has 6 bedrooms and 3 full and 2 half bathrooms.
The property 565 Ferndale Rd W is 7,635 SqFt (source: MLS/tax record).
The year of construction for 565 Ferndale Rd W is 1914.
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.
While more than 3 listings in Wayzata, MN in March 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Wayzata, MN increased by 25.7% between February and March 2025. Listings spent 49 days on the market in March 2025, and had a median list price of $976,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.