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$1,195,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 2.135 Acres
  • Updated 9 hours ago
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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.

Full Property Details for 128 Peavey Ln

General

  • Price: $1,195,000
  • Taxes: $14,157 (2026)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7060837
  • Updated: 5/6/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Hennepin
  • Township: Wayzata
  • Subdivision: Ankeny Add
  • Driving Directions: Wayzata Blvd to south on Ferndale Rd S to west on Peavey Ln to property.

School Information

  • School District: 284 - Wayzata
  • High School District: Wayzata

Utilities

  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available

Lot Features

  • Lot Size (Acres): 2.135
  • Lot Dimensions: N206 x 241 x 440 x 401
  • Development Status: Finished Lot(s)
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $14,157
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 001 ANKENY ADDN
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Easements, Soil Test Available, Survey, Survey Stakes, Torrens
  • Property ID: 111723410033
Buyer's Brokerage Compensation: 2.7%
Not binding unless confirmed by separate agreement among applicable parties.

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— 128 Peavey Ln —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 128 Peavey Ln

School District:Wayzata Public School District
NameGradesDistance
Gleason Lake Elementary School
310 County Road 101, Plymouth, MN 55447
K-51.5 mi
Wayzata West Middle School
149 Barry Avenue North, Wayzata, MN 55391
6-80.6 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-125.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 128 Peavey Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$1,195,000
21.01%
MLS
6/16/2023
Sold
$987,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 128 Peavey Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,994
25%
$1,016,300
20%
2023
$10,418
3%
$850,000
6%
2023
$10,124
—
$801,000
30%
2023
$10,124
—
$614,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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128 Peavey Lane, Wayzata, MN 55391 (MLS# 7060837) is a Lots/Land property with a lot size of 2.135 acres. 128 Peavey Lane is currently listed for $1,195,000 and was received on May 06, 2026. This property is listed by David Stickney from our Wayzata Office.Want to learn more about 128 Peavey Lane? Do you have questions about finding other Lots/Land real estate for sale in Wayzata? You can browse all Wayzata real estate or contact a Coldwell Banker agent to request more information.

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