481 Peavey Lane, Wayzata, Minnesota 55391

MN, Wayzata
$1,500,000
  • 2 Beds
  • 2 Bath
  • Residential Property Type
  • 1981 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Private 2.5 Acre Setting in Wayzata: Remodel or Rebuild Opportunity

Tucked 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.

The 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.

The lot is wide and deep, with mature trees and a stream running through the back of the property. Whether you’re considering a remodel, an expansion, or a full rebuild, the site offers flexibility and long-term upside. Blueprints are available.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 6752865
  • Price: $1,500,000
  • Year Built: 1981
  • Listing Status: Active
  • Office Name: Hale Properties, Inc
  • Full Bathrooms: 1
  • Property Sub Type: Single Family Residence
  • Roof: Asphalt,Age Over 8 Years
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Walkout,Block,Unfinished
  • Fireplace Gas
  • Parking Attached Garage,Garage Door Opener,Driveway - Other Surface,Floor Drain,Heated Garage,Insulated Garage,Storage,Finished Garage,Electric
  • Fireplaces Total: 1
  • Sewer City Sewer/Connected
Appliances
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Freezer
  • Refrigerator
  • Washer
  • Water Softener Owned
  • Water Filtration System
  • Gas Water Heater
  • Wall Oven
  • Water Osmosis System
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Wayzata
  • Zipcode 55391
  • Street: Peavey
  • Street Number: 481
  • Street Suffix: Lane
  • Longitude: W94° 27' 46.6''
  • Latitude: N44° 58' 11.3''
  • Directions: Lake St W, South on Peavey Rd, West on Peavey Lane to home at end of cul-de-sac. Up paver driveway.
Neighborhood
  • High School District: Wayzata
MLS Addon
  • Office Name: Hale Properties, Inc
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3166
  • Construction Materials: Brick/Stone
  • Electric: 200+ Amp Service
  • Garage: 3
  • Levels: One
  • Lot Features: Irregular Lot,Many Trees
  • Lot Size Dimensions: Approximately 400 x 280, but unique shape. See Map
Financial
  • Association Fee Frequency: N/A
  • Tax Annual Amount: 11101
Listing Information
  • List Agent Mls Id: 502023168
  • List Office Mls Id: 7977
  • Modification Timestamp: 2025-08-01T15:43:03Z
  • Originating System Name: NorthStar
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