585 Ferndale Road N, Wayzata, MN 55391 (MLS# 7089111)

585 Ferndale Road N, Wayzata, MN 55391

$2,595,000
Property Type: Land Lot Size (sq. ft.): 209,524 Status: Active
Current Price: $2,595,000 List Date: 6/26/2026 Last Modified: 7/06/2026

Overview

Description

Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rare blend of natural beauty, privacy, and accessibility, this is an exceptional opportunity to create a truly remarkable home in one of the area's most desirable locations.

Listing Details MLS# 7089111

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
460x471x427x466
Acres
4.81
Assessment Pending
No

Property Features

Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available Development Status: Raw Land Fencing: None Improvements: Paved Streets Land Inclusions: Survey Lot Description: Irregular Lot; Property Adjoins Public Land; Tree Coverage - Heavy; Tree Coverage - Medium Road Frontage: Private Road; Storm Sewer Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Topography: Gently Rolling; Walkout

Contract Information

Contingency
None
Original List Price
2595000
ListPrice
2595000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
585
Street Name
Ferndale
Street Suffix
Road
Street Direction Suffix
N
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Assessments

Tax With Assessments
11744

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
36
Township#
118
IDX
Listing Office: Coldwell Banker Realty
Last Updated: July - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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