308 Ferndale Road W, Wayzata, MN 55391

$2,800,000
Property Type: Land Lot Size (sq. ft.): 86,684 Status: Closed
Current Price: $2,800,000 List Date: 3/08/2025 Last Modified: 3/19/2026

Overview

Description

Welcome to the finest available off lake Wayzata estate site. Nestled among the prime Gold Coast properties of Ferndale, Highcroft and the Harrington Bell property, 308 Ferndale is surrounded by majestic Oaks, Pines and Maples with a sprawling lawn rolling out to the South. With fabulous sun exposure and peekaboo views of Wayzata Bay, you have various options for focal points in your design and layout. Seller and their renowned architect have developed two distinct concept homes. Both concepts capture the beauty of the site while presenting very different layout options, highlighting the beauty and privacy of this rare property. Build from these plans or design your own. One mile to all the charm and fun of Wayzata village. Take advantage of a city dock, available through Wayzata lottery. Please note: the existing grading is different than the concept plans and it is very difficult to envision the site without the aid of a survey and overview of the current design ideas.

Listing Details MLS# 6614170

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
irreg
Acres
1.99
Lake/Waterfront Name
Minnetonka
Association Fee
0

Property Features

Available Utilities: Broadband Available; Broadband Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected Development Status: Finished Lot(s) Financing Terms: Cash Improvements: Paved Streets Land Inclusions: Survey Lot Description: Cleared; Irregular Lot; Tree Coverage - Heavy; Tree Coverage - Light; Tree Coverage - Medium; Underground Utilities Topography: Rolling

Contract Information

Off Market Date
2025-03-18
Contingency
None
Closed Date
2025-03-18
Original List Price
3475000
Sales Close Price
2800000
ListPrice
3475000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
308
Street Name
Ferndale
Street Suffix
Road
Street Direction Suffix
W
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Gabbert Bell Add

Additional Parcels Information

Property ID #2
1211723120032

Assessments

Assessment Balance
5199
Tax With Assessments
35849

More Information

Builder Information

Builder Restrictions
Open

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
12
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 002 BLOCK 001 GABBERT BELL ADDN
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
3421
Property ID Number
No
Tax Year
2024
Tax Amount
30649
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to the finest available off lake Wayzata estate site. Nestled among the prime Gold Coast properties of Ferndale, Highcroft and the Harrington Bell property, 308 Ferndale is surrounded by majestic Oaks, Pines and Maples with a sprawling lawn rolling out to the South. With fabulous sun exposure and peekaboo views of Wayzata Bay, you have various options for focal points in your design and layout. Seller and their renowned architect have developed two distinct concept homes. Both concepts capture the beauty of the site while presenting very different layout options, highlighting the beauty and privacy of this rare property. Build from these plans or design your own. One mile to all the charm and fun of Wayzata village. Take advantage of a city dock, available through Wayzata lottery. Please note: the existing grading is different than the concept plans and it is very difficult to envision the site without the aid of a survey and overview of the current design ideas.
Directions
Ferndale Rd S to Ferndale Rd W, go south on driveway to 308

Development Status

Finished Lot(s)
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Cleared
Yes
Irregular Lot
Yes
Tree Coverage - Heavy
Yes
Tree Coverage - Light
Yes
Tree Coverage - Medium
Yes
Underground Utilities
Yes

Restriction/Covenants

None
Yes

Topography

Rolling
Yes

Available Utilities

Broadband Available
Yes
Broadband Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes

Improvements

Paved Streets
Yes

Land Inclusions

Survey
Yes
IDX
Listing Office: Coldwell Banker Realty
Last Updated: March - 19 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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