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.
Closed
$2,800,000
308 Ferndale Rd W, Wayzata, MN 55391
--beds
--baths
1.99Acres
Unimproved Land
Built in 1979
1.99 Acres Lot
$3,055,300 Zestimate®
$--/sqft
$5,959 Estimated rent
Home value
$3,055,300
$2.44M - $3.67M
$5,959/mo
Zestimate® history
Owner options
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$14,567/mo
Est. payment
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$14,567/mo
Est. payment
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List your homeWhat's special
Fabulous sun exposure
Zillow last checked:
Listing updated:
Listed by:
Gary Petersen 952-451-0284,
Coldwell Banker Realty,
Ian J Petersen 612-910-6005
Bought with:
Mimi Bendickson
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6614170
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 1.99 Acres
- Features: Cleared, Irregular Lot, Tree Coverage - Heavy, Tree Coverage - Light, Tree Coverage - Medium
- Topography: Rolling
Details
- Additional parcels included: 1211723120032
- Parcel number: 0
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Broadband Available, Broadband Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Underground Utilities
Community & HOA
Community
- Features: No
- Subdivision: Gabbert Bell Add
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Tax assessed value: $2,192,400
- Annual tax amount: $30,649
- Date on market: 10/12/2024
- Inclusions: Survey
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2025 | Sold | $2,800,000-19.4% |
Source:  NorthstarMLS as distributed by MLS GRID #6614170 Report a problem | ||
| 10/12/2024 | Listed for sale | $3,475,000+15.8% |
Source: NorthstarMLS as distributed by MLS GRID #6614170 Report a problem | ||
| 2/28/2024 | Sold | $3,000,000+60% |
Source: NorthstarMLS as distributed by MLS GRID #6500588 Report a problem | ||
| 7/8/2005 | Sold | $1,875,000+33.9% |
Source: Public Record Report a problem | ||
| 1/12/2004 | Sold | $1,400,000+316% |
Source: Public Record Report a problem | ||
| 11/9/1999 | Sold | $336,500+85.2% |
Source: Public Record Report a problem | ||
| 4/27/1998 | Sold | $181,667 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,208 -12.9% | $2,192,400 -13.2% |
| 2024 | $35,849 +27.8% | $2,525,300 -2.3% |
| 2023 | $28,048 -14.7% | $2,583,800 +13.7% |
| 2022 | $32,865 +14.4% | $2,272,000 +6.3% |
| 2021 | $28,716 +0.5% | $2,137,000 +14.8% |
| 2020 | $28,585 -0.5% | $1,861,000 +2.3% |
| 2019 | $28,716 +0.5% | $1,820,000 +14.8% |
| 2018 | $28,585 +13% | $1,586,000 -1% |
| 2017 | $25,288 +0.2% | $1,602,000 +3.8% |
| 2016 | $25,241 +10.3% | $1,544,000 +5.8% |
| 2015 | $22,874 +3.2% | $1,459,000 +11.8% |
| 2014 | $22,159 -7.4% | $1,305,000 -4.1% |
| 2013 | $23,917 -4.2% | $1,361,000 -9.1% |
| 2012 | $24,966 +18.9% | $1,497,000 |
| 2011 | $21,004 +2% | $1,497,000 -5.3% |
| 2010 | $20,587 -4.3% | $1,581,000 -8.8% |
| 2009 | $21,517 +37.2% | $1,734,000 +40.6% |
| 2006 | $15,685 +15.5% | $1,233,200 +15% |
| 2005 | $13,581 +9.4% | $1,072,400 +15% |
| 2004 | $12,410 +8.4% | $932,600 +12% |
| 2002 | $11,445 -34.8% | $832,700 |
| 2001 | $17,546 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby homes
- $6,000,8006 bd7 ba21k sqft518 Harrington Rd, Wayzata, MN 55391Off Market
- $13,246,3002 bd9 ba38k sqft532 Harrington Rd, Wayzata, MN 55391Off Market
- $9,392,0004 bd5 ba5.9k sqft312 Ferndale Rd W, Wayzata, MN 55391Off Market
- $17,508,80015 bd18 ba56k sqft300 Ferndale Rd W, Wayzata, MN 55391Off Market
- $2,633,0007 bd10 ba6.7k sqft522 Harrington Rd, Wayzata, MN 55391Off Market
- $4,425,0005 bd4 ba13k sqft326 Ferndale Rd W, Wayzata, MN 55391Off Market
- $5,340,7005 bd6 ba12k sqft512 Harrington Rd, Wayzata, MN 55391Off Market
- $--2.8 Acres1160 Mooney Lake, Wayzata, MN 55391Off Market
Nearby schools
GreatSchools rating
- 9/10Gleason Lake Elementary SchoolGrades: K-5Distance: 2 mi
- 9/10Wayzata West Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.8 mi
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 308 Ferndale Rd W
Nearby cities
Nearby zip codes
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