Home › 585 Ferndale Road N, Wayzata, MN 55391 (MLS# 6331326)

585 Ferndale Road N, Wayzata, MN 55391 (MLS# 6331326)

$1,695,000
585 Ferndale Road N
Wayzata, MN 55391
MLS# 6331326
Status: Closed
3 beds  |  3 baths  |  3556 sqft
585 Ferndale Road N, Wayzata, MN 55391
  1 / 6  
585 Ferndale Road N, Wayzata, MN 55391 585 Ferndale Road N, Wayzata, MN 55391 585 Ferndale Road N, Wayzata, MN 55391 585 Ferndale Road N, Wayzata, MN 55391 585 Ferndale Road N, Wayzata, MN 55391 585 Ferndale Road N, Wayzata, MN 55391

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.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-09-08
Contingency: None
Current Price: 1675000
Closed Date: 2023-10-05
Original List Price: 1998000
Sales Close Price: 1675000
ListPrice: 1695000
List Date: 2023-05-18
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 3
Bath Full: 2
Bath Half: 1
Main Floor Total SqFt: 2535
Above Grd Total SqFt: 2535
Below Grd Total SqFt: 1021
Total SqFt: 3556
Total Finished Sqft: 2777.00
FireplaceYN: Yes
Lake/Waterfront Name: Lydiard
Style: (SF) Single Family
Foundation Size: 1078
Garage Stalls: 2
Lot Dimensions: 465x471x427x466
Acres: 4.81
Assessment Pending: Unknown
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
Additional Parcels Information
Property ID #2: 3611823110009
Assessments
Tax With Assessments: 5140
Building Information
Finished SqFt Above Ground: 2535
Finished SqFt Below Ground: 242
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 26-40
Lake Details
Lake Acres: 12
Lake Depth: 52
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 558
Public Survey Info
Range#: 23
Section#: 36
Township#: 118
Property Features
Accessible: None
Air Conditioning: None
Amenities Unit: Deck; French Doors; Hardwood Floors; Kitchen Window; Local Area Network; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Porch; Primary Bedroom Walk-In Closet; Walk-In Closet
Appliances: Dishwasher; Dryer; Humidifier; Iron Filter; Range; Refrigerator; Washer; Water Softener Owned
Basement: Brick/Mortar; Stone; Other
Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath; Full Primary
Construction Materials: Block; Brick; Concrete; Log; Stone; Timber/Post & Beam
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Kitchen/Dining Room; Separate/Formal Dining Room
Elevation Highpoint to Waterfront Slope: Gradual
Existing Financing: Free and Clear
Exterior: Brick/Stone; Wood
Family Room Characteristics: Family Room
Fencing: None
Financing Terms: Cash
Fireplace Characteristics: Masonry; 2-Sided; Living Room; Wood Burning; Wood Burning Stove
Fuel: Natural Gas
Heating: Forced Air
Internet Options: DSL
Lake Details: Weeds; Wetland
Laundry: In Basement
Lot Description: Tree Coverage - Heavy; Underground Utilities
Outbuildings: Additional Garage
Parking Characteristics: Detached
Pool Description: None
Property Subtype: Acreage
Road Frontage: Private Road
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash
Sewer: Private Sewer; Septic System Compliant - No; Tank with Drainage Field
Stories: One
Water: Private; Well
Waterfront View: Lake; West
Room Information
Room Name Dimensions Level
Dining Room20x12Main
Second (2nd) Bedroom22x12Main
Family Room14x18Main
First (1st) Bedroom14x20Main
Living Room15x18Main
Kitchen22x17Main

Listing Office: Coldwell Banker Realty

Last Updated: May - 06 - 2025

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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 30th of May 2026 02:58 PM

218-998-4400

Search For Your New Home!
Residential
MultiFamily
Farm
Land
Commercial
Rental
to
to
to
to
More Search Options