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$1,350,000
Listing Price2beds
2baths
1,602sqft
112,820sqft lot
481 Peavey Ln, Wayzata, MN 55391
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Home type
Price / sqft
Year built
Home Details
Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild OpportunitynnTucked at the end of a quiet cul-de-sac, this 2.5-acre property offers a rare combination of privacy, space, and potential minutes from downtown Wayzata. The existing all-brick walkout rambler has been well maintained by the current owner and offers a smart layout with main level primary bedroom, and generous room sizes throughout.nnThe lower level is a walkout with high ceilings, ready to be finished to suit your needs. The oversized 3-car garage is extra deep, heated, and fully equipped with water, drains, and a built-in air compressor system.nnThe lot is wide and deep, with mature trees and a stream running through the back of the property. Whether youre considering a remodel, an expansion, or a full rebuild, the site offers flexibility and long-term upside. Blueprints are available.
Interior Details
1602
2
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
Package
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
112820
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
3
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Ranch
Brick
N/A
Hip
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$7,269
$312,000
$265,000
--%
$577,000
2019
$6,485
$260,000
$262,000
--%
$522,000
2018
$6,253
$260,000
$239,000
--%
$499,000
2017
$6,031
$260,000
$220,000
--%
$480,000
2016
$6,688
$298,000
$214,000
--%
$512,000
2014
$5,948
$238,000
$198,000
--%
$436,000
2013
$6,223
$255,000
$207,000
--%
$462,000
2011
$7,289
$340,000
$211,000
--%
$551,000
Average Home Price in 55391
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,350,000
$1,350,000
2 Beds
2 Baths
1,602 Sqft
112,820 Lot (sqft)
Sold 09/29/2026






