Prime Ferndale lakeshore opportunity close to downtown Wayzata. 345 feet of south facing, level and sandy lakeshore on Browns Bay. A large, almost 1-acre flat lot creates a park-like setting with panoramic views of Lake Minnetonka. Many options for the existing structure: keep, remodel or tear down. Do not miss this rare offering!
Single-familyProperty Type
1976Year Built
0.84 acresLot Size
$1,156Est. Price/Sq.Ft.
3 car garageParking
Listed by Ellen DeHaven• Coldwell Banker Realty
Source:NORTHSTARMLS as Distributed by MLS Grid #5232190
Redfin Estimate
$6,135,902
$2.5M since sold in January 2025$375K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 190.5% higher than the average sale price ($2.11M) of 5 comparable homes.
Prime Ferndale lakeshore opportunity close to downtown Wayzata. 345 feet of south facing, level and sandy lakeshore on Browns Bay. A large, almost 1-acre flat lot creates a park-like setting with panoramic views of Lake Minnetonka. Many options for the existing structure: keep, remodel or tear down. Do not miss this rare offering!
Public Records
Nov 13, 2018
Sold
$4,350,000
$820/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4772688
Sep 28, 2018
Sold
$4,350,000
$820/sq ft
Jul 23, 2018
Pending
—
May 23, 2018
Price Changed
$4,295,000
$809/sq ft
Sep 26, 2017
Price Changed
$4,595,000
$866/sq ft
Jun 23, 2017
Relisted
—
May 30, 2017
Listing Removed
—
Mar 22, 2017
Price Changed
$4,900,000
$923/sq ft
Oct 24, 2016
Listed
$5,400,000
$1,018/sq ft
+12
The water is clear, the bay is quiet, and the view is incredible! Rarely available Lake Minnetonka shoreline. Here's your opportunity to own 345 feet of intimate level sandy Browns Bay lakeshore. Walk or bike to DT Wayzata, this 0.94 acre park like setting faces south and showcases the sight of Lake Minnetonka from every vantage point. Build me up, tear me down or move right in as-is.
Public Records
Sep 8, 1997
Sold
$192,500
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$56,338 (+2.7%)
$4,534,400 + $330,000
$4,864,400
2025
$54,849 (+4.0%)
$4,318,400 + $385,000
$4,703,400
2024
$52,751 (+14.3%)
$4,318,200 + $379,000
$4,697,200
2023
$46,144 (−2.3%)
$3,572,000 + $476,000
$4,048,000
2022
$47,217 (+3.6%)
$3,432,000 + $285,000
$3,717,000
2021
$45,582 (−17.1%)
$3,332,000 + $271,000
$3,603,000
2020
$54,996 (+3.1%)
$3,443,000 + $703,000
$4,146,000
2019
$53,357 (+0.5%)
$3,443,000 + $519,000
$3,962,000
2018
$53,096 (+17.0%)
$2,754,000 + $1,128,000
$3,882,000
2017
$45,387 (+6.1%)
$2,410,000 + $868,000
$3,278,000
2015
$42,792 (−2.8%)
$2,363,000 + $731,000
$3,094,000
2014
$44,030 (−3.3%)
$2,363,000 + $713,000
$3,076,000
2013
$45,536 (+1.1%)
$2,599,000 + $711,000
$3,310,000
2012
$45,055
$2,756,000 + $716,000
$3,472,000
Tax history for 1055 Ferndale Rd W
Year
Property tax
Land + Additions
Assessment*
2026
$56,338 (+2.7%)
$4,534,400 + $330,000
$4,864,400
2025
$54,849 (+4.0%)
$4,318,400 + $385,000
$4,703,400
2024
$52,751 (+14.3%)
$4,318,200 + $379,000
$4,697,200
2023
$46,144 (−2.3%)
$3,572,000 + $476,000
$4,048,000
2022
$47,217 (+3.6%)
$3,432,000 + $285,000
$3,717,000
2021
$45,582 (−17.1%)
$3,332,000 + $271,000
$3,603,000
2020
$54,996 (+3.1%)
$3,443,000 + $703,000
$4,146,000
2019
$53,357 (+0.5%)
$3,443,000 + $519,000
$3,962,000
2018
$53,096 (+17.0%)
$2,754,000 + $1,128,000
$3,882,000
2017
$45,387 (+6.1%)
$2,410,000 + $868,000
$3,278,000
2015
$42,792 (−2.8%)
$2,363,000 + $731,000
$3,094,000
2014
$44,030 (−3.3%)
$2,363,000 + $713,000
$3,076,000
2013
$45,536 (+1.1%)
$2,599,000 + $711,000
$3,310,000
2012
$45,055
$2,756,000 + $716,000
$3,472,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Feb 28, 2019 • Final
Mechanical
Remove and replace an existing electric boiler.
Plumbing
Water heater
Jun 8, 2012 • Final
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 2,085
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 2
# of 3/4 Baths: 1
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
Has Fireplace
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Excellent
Foundation Type: Concrete Block
Exterior Wall: Brick
Roof Framing Type: Wood
Roof Shape Type: Hip
Property Information
Subdivision Name: NORTH SHORE COTTAGE ACRES LAKE M
Living Sq. Ft: 5,306
Adjusted Gross Sq. Ft: 5,306
Ground Floor Sq. Ft: 4,169
Building Sq. Ft: 8,159
# of Stories: 2
Stories Type: 1 3/4
Legal Description: REG. LAND SURVEY NO. 1372 TRACT B REG LAND SURVEY NO 1372 ALSO THAT PART OF LOT 11 NORTH SHORE COTTAGE ACRES DESC AS BEG AT THE SE COR OF SAID LOT 11 TH WLY 100 FT ALONG THE S SHORE LINE THOF TO THE ELY LINE OF SAID TRACT B TH NLY ALONG SAID ELY LINE TO THE N LINE OF SAID LOT 11 TH SELY 95 FT ALONG SAID N LINE TO THE NE COR OF SAID LOT 11 TH SLY ALONG THE E LINE THOF TO THE PT OF BEG
Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 768
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 36,590
Legal Lot Number: 11
Municipality Name: ORONO
Acres: 0.84
Depth Footage: 200
Front Footage: 250
County Use Description: RESID. LAKE SHORE
Location Information
Parcel Location Influence: Lake
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 5.0
Sq. Ft.: 5,306
Stories: 2.0
Lot Size: 0.84 acres
Style: Single Family Residential
Year Built: 1976
Year Renovated: 1985
County: Hennepin County
APN: 02 117 23 43 0029
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Orono Intermediate Elementary School
Public 3-5 • Assigned • 2.8mi
8/10
Orono Middle School
Public 6-8 • Assigned • 2.9mi
9/10
Orono Senior High School
Public 9-12 • Assigned • 3.0mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wayzata, MN • 55391
Average low and high temperatures (°F)
21
5
29
13
48
28
56
38
69
49
77
60
83
66
78
63
77
59
64
46
44
31
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 3.6 hours in December, which is comparable to the
U.S. average for solar exposure.
10.5 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$5.83M – $7.06M
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