481 Peavey Lane, Wayzata, MN 55391
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
481 Peavey Lane,Wayzata, MN 55391
$1,350,000
- 2 Beds
- 2 Baths
- 1,583 sq. ft.
- Single family
- Active
Listed by:fritz
Office:hale properties, inc
MLS#:6752865
Source:NSMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$426.41
About this home
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.
Contact an agent
Home facts
- Year built:1981
- Listing ID #:6752865
- Added:59 day(s) ago
- Updated:September 29, 2025 at 01:43 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Living area:1,583 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Age Over 8 Years, Asphalt
- Year built:1981
- Building area:1,583 sq. ft.
- Lot area:2.59 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$426.41
- Tax amount:$11,101 (2025)
New listings near 481 Peavey Lane
- New$1,000,000Active2 beds 2 baths1,175 sq. ft.
875 Lake Street N #216, Wayzata, MN 55391
MLS# 6792316Listed by: COLDWELL BANKER REALTY - Coming Soon$1,000,000Coming Soon2 beds 2 baths
875 Lake Street N #216, Wayzata, MN 55391
MLS# 6792316Listed by: COLDWELL BANKER REALTY - New$849,900Active3 beds 4 baths3,660 sq. ft.
1912 Highcrest Drive, Wayzata, MN 55391
MLS# 6793022Listed by: CENTURY 21 ATWOOD - New$1,565,000Active4 beds 3 baths3,323 sq. ft.
4059 Heathcote Road, Wayzata, MN 55391
MLS# 6792592Listed by: COLDWELL BANKER REALTY - New$2,495,000Active4 beds 5 baths4,502 sq. ft.
141 Benton Avenue, Wayzata, MN 55391
MLS# 6791587Listed by: COMPASS - New$4,495,000Active4 beds 5 baths5,751 sq. ft.
1595 Locust Hills Circle, Wayzata, MN 55391
MLS# 6792417Listed by: COLDWELL BANKER REALTY - New$2,995,000Active2 beds 1 baths2,350 sq. ft.
150 Broadway Avenue S #3C, Wayzata, MN 55391
MLS# 6792012Listed by: COLDWELL BANKER REALTY - New$2,995,000Active2 beds 1 baths2,350 sq. ft.
150 Broadway Avenue S #3C, Wayzata, MN 55391
MLS# 6792012Listed by: COLDWELL BANKER REALTY - New$2,600,000Active5 beds 5 baths5,818 sq. ft.
1426 Holdridge Circle, Wayzata, MN 55391
MLS# 6791229Listed by: EDINA REALTY, INC. - New$2,895,000Active2 beds 3 baths2,246 sq. ft.
150 Broadway Avenue S #2A, Wayzata, MN 55391
MLS# 6790929Listed by: COLDWELL BANKER REALTY