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Back 461 Peavey Lane
Off Market

461 Peavey Lane

Wayzata MN 55391

4
4
3
4948 sq. ft.
2.48 ac.
Single-Family
Last sold for $1,450,000
Elizabeth UlrichElizabeth Ulrich, last sold this property on 01 June 2026 after 350 days on market.

Overview

Welcome to 461 Peavey Lane, nestled in the serene Highcroft neighborhood of Wayzata. This home offers a rare opportunity in a quiet cul d sac with room to grow on a sprawling 2.5-acre lot. This residence boasts 4 spacious bedrooms and 4 bathrooms, including a private Jack and Jill bedroom wing across an expansive 4,718 square feet. As you enter, you are greeted by a grand main floor with soaring 16ft foot ceilings, capped w crown molding, floor to ceiling windows overlooking the woodland marsh. The custom library shares the amazing view. The kitchen and family room area is perfect for entertaining or family gatherings. The primary suite is a sanctuary of comfort with its own fireplace (1 of 3 wood-burning fireplaces), walk-in closet, and luxurious ensuite bathroom. The upper-level features two additional well-appointed bedrooms, while the fourth bedroom on the lower level provides privacy and versatility. The property also includes a partial lower level, offering additional living space and functionality. For wine-lovers, including a bonus segregated temp controlled wine cellar. The attached 3-car garage ensures ample space for vehicles and storage. Enjoy the beauty of nature from the deck. This home is ideally situated just a short distance from downtown Wayzata, where you can enjoy a variety of dining options, charming shops, sandy beach, an ADA equipped playground. Additionally, outdoor enthusiasts will appreciate easy access to the new lakeside boardwalk and the Dakota Trail, perfect for walking, running, and biking.

Features

4 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
4948 sq. ft. floor area
2.48 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Wayzata over the last 12 months, the estimated median property value of 461 Peavey Lane is $1.23m.

Median value
$1.23m
Estimated value range
$428.4k - $4.75m
Median days on market
29
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wayzata. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 461 Peavey Lane

2026
Sold
$1,450,000
01 Jun 2026 by Elizabeth Ulrich, of Compass

Happy sellers in Wayzata

87%
87% of sellers in Wayzata reported that their sale price either exceeded or met their price expectations.

Wayzata stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Wayzata over the last 12 months.

Local market activity for 4 bedroom single-family properties in Wayzata

In the last 12 months, 76 four-bedroom single-family properties similar to 461 Peavey Lane, have been sold.

This represents a 25% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wayzata

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Christy Kimbrel

Sellers who recommend Christy Kimbrel have praised them for being local expert, clear communication, supportive, responsive, great negotiation, dedicated, and patient

  •   5   (72 reviews)
  •  1 Review in Wayzata
  •  2 Sales in Wayzata
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Jacob Milton

Jacob Milton is a recommended agent for Wayzata.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (92 reviews)
  •  1 Review in Wayzata
  •  1 Sale in Wayzata
View profile
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Gaye Christofersen

Sellers who recommend Gaye Christofersen have praised them for being local expert, clear communication, friendly, hard-working, responsive, supportive, and stress-free process

  •   5   (46 reviews)
  •  1 Review in Wayzata
  •  1 Sale in Wayzata
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Elizabeth Ulrich

Sellers who recommend Elizabeth Ulrich have praised them for being local expert and responsive

  •   5   (11 reviews)
  •  16 Sales in Wayzata
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