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.
Closed
$1,135,000
128 Peavey Ln, Wayzata, MN 55391
--beds
--baths
2.14Acres
Unimproved Land
Built in ----
2.14 Acres Lot
$-- Zestimate®
$--/sqft
$1,705 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,705/mo
Zestimate® history
Owner options
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$7,356/mo
Est. payment
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Est. payment
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List your homeWhat's special
Peaceful and secluded setting
Zillow last checked:
Listing updated:
Listed by:
Stickney Real Estate – David Stickney 952-250-0122,
Coldwell Banker Realty,
Stickney Real Estate – George Stickney
Bought with:
Elizabeth C Ulrich
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7060837
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 2.14 Acres
- Dimensions: N206 x 241 x 440 x 401
- Topography: Gently Rolling,Walkout
Details
- Parcel number: 0111723410033
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available
Community & HOA
Community
- Features: No
- Subdivision: Ankeny Add
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Tax assessed value: $1,075,000
- Annual tax amount: $14,157
- Date on market: 5/6/2026
- Inclusions: Easements, Soil Test Available, Survey, Survey Stakes, Torrens
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Sold | $1,135,000-5% |
Source:  NorthstarMLS as distributed by MLS GRID #7060837 Report a problem | ||
| 7/2/2026 | Pending sale | $1,195,000-62.6% |
Source: NorthstarMLS as distributed by MLS GRID #7060837 Report a problem | ||
| 5/6/2026 | Price change | $3,195,000+167.4% |
Source: NorthstarMLS as distributed by MLS GRID #7061065 Report a problem | ||
| 5/6/2026 | Listed for sale | $1,195,000-7.7% |
Source: NorthstarMLS as distributed by MLS GRID #7060837 Report a problem | ||
| 2/5/2026 | Listing removed | $1,295,000-60.7% |
Source: NorthstarMLS as distributed by MLS GRID #6762402 Report a problem | ||
| 12/17/2025 | Price change | $3,295,000-12.8% |
Source: NorthstarMLS as distributed by MLS GRID #7000395 Report a problem | ||
| 9/25/2025 | Price change | $3,779,000+191.8% |
Source: NorthstarMLS as distributed by MLS GRID #6765368 Report a problem | ||
| 9/25/2025 | Price change | $1,295,000-66.6% |
Source: NorthstarMLS as distributed by MLS GRID #6762402 Report a problem | ||
| 8/1/2025 | Price change | $3,879,000+178.1% |
Source: NorthstarMLS as distributed by MLS GRID #6765368 Report a problem | ||
| 8/1/2025 | Listed for sale | $1,395,000+41.3% |
Source: NorthstarMLS as distributed by MLS GRID #6762402 Report a problem | ||
| 6/16/2023 | Sold | $987,500-8.1% |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 5/31/2023 | Pending sale | $1,075,000 |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 9/23/2022 | Listed for sale | $1,075,000 |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 8/13/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 7/24/2022 | Listed for sale | $1,075,000 |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 7/22/2022 | Pending sale | $1,075,000 |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 3/24/2022 | Listed for sale | $1,075,000-10.4% |
Source: NorthstarMLS as distributed by MLS GRID #6159413 Report a problem | ||
| 3/1/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5278257 Report a problem | ||
| 1/25/2022 | Listed for sale | $1,200,000 |
Source: NorthstarMLS as distributed by MLS GRID #5278257 Report a problem | ||
| 11/12/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5278257 Report a problem | ||
| 4/8/2021 | Listed for sale | $1,200,000 |
Source: NorthstarMLS as distributed by MLS GRID #5278257 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,994 +24.7% | $1,075,000 +5.8% |
| 2024 | $10,418 +2.9% | $1,016,300 +19.6% |
| 2023 | $10,124 +15.4% | $850,000 +6.1% |
| 2022 | $8,771 +45.1% | $801,000 -43.5% |
| 2021 | $6,047 +72.5% | $1,417,000 +232.6% |
| 2020 | $3,506 -42% | $426,000 |
| 2019 | $6,047 | -- |
Find assessor info on the county website
Neighborhood: 55391
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Nearby schools
GreatSchools rating
- 9/10Gleason Lake Elementary SchoolGrades: K-5Distance: 1.5 mi
- 9/10Wayzata West Middle SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.2 mi
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 128 Peavey Ln
Nearby cities
Nearby zip codes
Other Wayzata Topics
