Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,595,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 4.81 Acres
  • Updated 2 hours ago
See This Home
Save This Home
See This Home
Save This Home
Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rate blend of natural beauty, privacy, and accessibility, this is an exception opportunity to create a truly remarkable home in one of the area's most desirable locations.

Full Property Details for 585 Ferndale Road N

General

  • Price: $2,595,000
  • Taxes: $11,744 (2026)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7089111
  • Updated: 6/26/2026
  • Added to Site: 1 day(s) ago

Location

  • County: Hennepin
  • Township: Orono
  • Driving Directions: From Lake street head North on Ferndale Rd N. From 6 heaad South on Ferndale. Take Ferndale Rd N and turn onto Lydiard Rd. Take Left toward the home.

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

Structural Information

  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 4.81
  • Lot Dimensions: 460 x 471 x 427 x 466
  • Frontage: Private Road, Storm Sewer
  • Development Status: Raw Land
  • Zoning: Residential-Single Family
  • Lot Description: Irregular Lot, Property Adjoins Public Land, Heavy Tree Coverage, Medium Tree Coverage

Financial Considerations

  • Tax Amount: $11,744
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: Unplattted 36 118 23 that part of S 269.6 Ft of Govt Lot 3 Lying W of a Line Running From a Pt in S Line of Said Lot 3 Dist 44.75 Ft E From W Cor Thereof to a Pt 675 Ft S from N Line of Lot 3 and 830
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Survey
  • Property ID: 3611823110033
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agent

Meet the listing agent
— 585 Ferndale Road N —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 585 Ferndale Road N

School District:Wayzata Public School District
NameGradesDistance
Gleason Lake Elementary School
310 County Road 101, Plymouth, MN 55447
K-51.4 mi
Wayzata West Middle School
149 Barry Avenue North, Wayzata, MN 55391
6-81 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-123.9 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 585 Ferndale Road N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2026
Listed
$2,595,000
54.93%
MLS
9/26/2023
Sold
$1,675,000
—
Public Record
Get Price Alerts and Save Property
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 585 Ferndale Road N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,745
11%
$1,004,000
9%
2025
$10,620
9%
$919,200
100%
2023
$9,725
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 585 Ferndale Road N

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Just Listed near 585 Ferndale Road N

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

20600 Carson Rd, Deephaven, MN 55331 - Photo 1 Just Listed
$1,195,000

20600 Carson Rd  Deephaven, MN 55331

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,310
    Sq. Ft.
Listed by Compass
15725 2nd Ave N, Plymouth, MN 55447 - Photo 1 Just Listed
$545,000

15725 2nd Ave N  Plymouth, MN 55447

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,173
    Sq. Ft.
Listed by Missy Vilett (612) 327-8496
10512 8th Ave N, Plymouth, MN 55441 - Photo 1 Just Listed
$320,000

10512 8th Ave N  Plymouth, MN 55441

  • Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,593
    Sq. Ft.
Listed by Scott Hauser (612) 231-5576
415 Magnolia Ln N, Plymouth, MN 55441 - Photo 1 Just Listed
$499,000
Open House

415 Magnolia Ln N  Plymouth, MN 55441

  • Single Family
  • Active
  • Updated 29 minutes ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,523
    Sq. Ft.
Listed by Meredith Butcher (612) 804-5545 and Jessalyn Manville (952) 451-9404

Price Reduced near 585 Ferndale Road N

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3620 James Ave, Deephaven, MN 55391 - Photo 1 Price Reduced
-$40,000 (-2.9%)
$1,339,000
Open House

3620 James Ave  Deephaven, MN 55391

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,580
    Sq. Ft.
Listed by Minnesota Premier Realty, Inc.
4325 Rosewood Ln N, Plymouth, MN 55442 - Photo 1 Price Reduced
-$45,000 (-6.47%)
$650,000
Open House

4325 Rosewood Ln N  Plymouth, MN 55442

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 3,739
    Sq. Ft.
Listed by Charlie Braman (612) 702-8388
14149 43rd Ave N, Plymouth, MN 55446 - Photo 1 Price Reduced
-$5,000 (-1.59%)
$310,000

14149 43rd Ave N  Plymouth, MN 55446

  • Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,618
    Sq. Ft.
Listed by Tracy Severson (612) 920-0909
3225 Lanewood Ln N, Plymouth, MN 55447 - Photo 1 Price Reduced
-$10,000 (-2.02%)
$484,000
Open House

3225 Lanewood Ln N  Plymouth, MN 55447

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,393
    Sq. Ft.
Listed by Complete Management Services

Recent Sales near 585 Ferndale Road N

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

240 Minnetonka Ave S, Wayzata, MN 55391 - Photo 1 Sold
$2,900,000

240 Minnetonka Ave S  #304  Wayzata, MN 55391

  • Single Family
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 2,562
    Sq. Ft.
Listed by David Stickney and George Stickney
Sold by Lakes Sotheby's International Realty
240 Minnetonka Ave S, Wayzata, MN 55391 - Photo 1 Sold
$2,700,000

240 Minnetonka Ave S  #203  Wayzata, MN 55391

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 2,433
    Sq. Ft.
Listed by The Realty House
Sold by Gregg Larsen
638 Gardner St, Wayzata, MN 55391 - Photo 1 Sold
$2,775,500

638 Gardner St  Wayzata, MN 55391

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 5,240
    Sq. Ft.
Listed by Keller Williams Premier Realty Lake Minnetonka
Sold by Non-MLS
875 Lake St N, Wayzata, MN 55391 - Photo 1 Sold
$2,350,000

875 Lake St N  #318  Wayzata, MN 55391

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,730
    Sq. Ft.
Listed by Dwell Realty Partners, LLC
Sold by Compass

585 Ferndale Road N, Wayzata, MN 55391 (MLS# 7089111) is a Lots/Land property with a lot size of 4.81 acres. 585 Ferndale Road N is currently listed for $2,595,000 and was received on June 26, 2026. This property is listed by Kyle Hunt from our Wayzata Office.Want to learn more about 585 Ferndale Road N? 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.

Tour this property