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- Description
- Property Details
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- Facts & Features
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$1,675,000
3 Beds
- 3 Baths
2 full baths + 1 half bath
2,777sqft
585 Ferndale Rd N, Wayzata, MN 55391
$1,675,000
Single Family Residence
Built in 1900
$-- HOA
4.81 acres lot
$603/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: May 6, 2025 at 8:44 am
- Listing Provided by: Ellen D DeHaven (952) 473-3000 | Coldwell Banker Realty (952) 473-3000
- Bought with: Coldwell Banker Realty
- Source: Northstar MLS-MN as distributed by MLS GRID | MLS#: 6331326

Property Details
Status
Closed
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,777 sqft
Lot Size
4.81 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
6331326
Cumulative Days on Market
110

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Living Room
Level: Main
Area: 270.00 Square Feet
Dimensions: 15x18
Kitchen
Level: Main
Area: 374.00 Square Feet
Dimensions: 22x17
Family Room
Level: Main
Area: 252.00 Square Feet
Dimensions: 14x18
Bedroom 1
Level: Main
Area: 280.00 Square Feet
Dimensions: 14x20
Dining Room
Level: Main
Area: 240.00 Square Feet
Dimensions: 20x12
Bedroom 2
Level: Main
Area: 264.00 Square Feet
Dimensions: 22x12
Unfinished
Level: Lower
Area: 288.00 Square Feet
Dimensions: 16x18
Interior
Heating
Forced Air
Appliances
Dishwasher, Dryer, Electric Water Heater, Humidifier, Iron Filter, Range, Refrigerator, Washer, Water Softener Owned
Sewer
Private Sewer, Septic System Compliant No, Tank With Drainage Field
Cooling
None
Construction
Year Built
Year Built: 1900
Home type
Single Family Residence
Construction Materials
Brick/stone, Wood Siding
Roof
Age Over 8 Years, Asphalt
Utilities & Energy
Basement
Brick/mortar, Other, Stone/rock
Fireplace Features
Two Sided, Full Masonry, Living Room, Wood Burning, Wood Burning Stove
Water Source
Private, Well
Pool Features
None
Parking Features
Detached
Other Features
Lot Features
Many Trees, Underground Utilities
Price History
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: | Listed for Sale | $2,595,000 +54.93% $0/sqft |
05/06/2025 Source: | Sold | $1,675,000 $0/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 31, 2026, 10:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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