128 Peavey Lane, Wayzata, MN 55391
$1,135,000
Property Type:
Land
Lot Size (sq. ft.):
92,783
Status:
Closed
Current Price:
$1,135,000
List Date:
5/06/2026
Last Modified:
7/14/2026
Overview
Description
Listing Details MLS# 7060837
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- Yes
- Waterfront YN
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Lot Dimensions
- N206x241x440x401
- Acres
- 2.13
- Assessment Pending
- No
- Association Fee
- 0
Property Features
Available Utilities:
Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Water Available
Development Status:
Finished Lot(s)
Financing Terms:
Cash
Improvements:
Paved Streets; Public Road
Land Inclusions:
Easements; Soil Test Available; Survey; Survey Stakes; Torrens
Sellers Terms:
Cash; Conventional
Topography:
Gently Rolling; Walkout
Contract Information
- Off Market Date
- 2026-07-02
- Contingency
- None
- Closed Date
- 2026-07-14
- Original List Price
- 1195000
- Sales Close Price
- 1135000
- ListPrice
- 1195000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 128
- Street Name
- Peavey
- Street Suffix
- Lane
- Postal City
- Wayzata
- County
- Hennepin
- State
- MN
- Zip Code
- 55391
- Complex/Dev/Subdivision
- Ankeny Add
Assessments
- Tax With Assessments
- 14157
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 01
- Township#
- 117
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- LOT 001 BLOCK 001 ANKENY ADDN
- Listing City
- Wayzata
- Map Page
- 104
- Municipality
- Wayzata
- School District
- Wayzata
- School District Phone
- 763-745-5000
- Property ID Number
- 0111723410033
- Tax Year
- 2026
- Tax Amount
- 14157
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Rare building site opportunity on over 2 acres in Wayzata’s most coveted location, just steps from Wayzata Beach on Lake Minnetonka and vibrant shops, restaurants, and entertainment. This property offers a private driveway off Peavey Lane and a build site with beautiful natural views overlooking the wetlands. The site accommodates a home design with walkout access on both the main and lower levels, all within a peaceful and secluded setting. Enjoy convenient access to the Dakota Rail Regional Trail and a connection to the highly desirable Highcroft neighborhood. No builder restrictions.
- Directions
- Wayzata Blvd to south on Ferndale Rd S to west on Peavey Ln to property.
Development Status
- Finished Lot(s)
- Yes
Financing Terms
- Cash
- Yes
Insurance Fee
- Insurance Fee
- 0
Restriction/Covenants
- Easements
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Topography
- Gently Rolling
- Yes
- Walkout
- Yes
Available Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- None Connected
- Yes
- Phone Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Improvements
- Paved Streets
- Yes
- Public Road
- Yes
Land Inclusions
- Easements
- Yes
- Soil Test Available
- Yes
- Survey
- Yes
- Survey Stakes
- Yes
- Torrens
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: July - 14 - 2026
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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.
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