Off Market Mar 2025 for $2.8M

—

Est. refi paymentEst. refi $19,158/mo

Land

•

1.99

acres (lot)

308 Ferndale Rd W, Wayzata, MN 55391

About this home

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.

Vacant landProperty Type

1979Year Built

1.99 acresLot Size

$0Price/Acres

2 car garageParking

Listed by Philip Petersen • Coldwell Banker Realty

Listed by Ian Petersen

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6614170

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55391, MN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.5%

0.3% MoM

Median sale price

$923K

$72K MoM

Avg. days on market

44d

7 days MoM

Recently sold homes

105

9 MoM

New listings for sale

COMING SOON
205 Barry Ave S #207, Wayzata, MN 55391
$255,000
2 beds2 baths990 sq ft
205 Barry Ave S #207, Wayzata, MN 55391
COMING SOON
$7,895,000
6 beds7 baths6,385 sq ft
1225 Shoreline Dr, Wayzata, MN 55391
OPEN SUN, 12:30PM TO 2:30PM
$685,000
4 beds3 baths3,937 sq ft
3200 Hazelwood W, Wayzata, MN 55391
COMING SOON
$1,950,000
4 beds4 baths4,065 sq ft
2323 Huntington Point Rd W, Wayzata, MN 55391
$699,000
3 beds4 baths2,358 sq ft
145 Edgewood Ct, Wayzata, MN 55391
3D WALKTHROUGH
$1,765,000
5 beds4 baths4,540 sq ft
2526 Crosby Rd, Wayzata, MN 55391
$2,695,000
4 beds6 baths5,972 sq ft
235 Hollander Rd, Wayzata, MN 55391
OPEN SUN, 12:15PM TO 2PM
$2,175,000
5 beds4 baths4,398 sq ft
3143 Lafayette Ridge Rd, Wayzata, MN 55391
OPEN SUN, 12PM TO 2PM
$1,749,000
2 beds3 baths3,312 sq ft
740 Widsten Cir, Wayzata, MN 55391
FOR SALE BY OWNER
$285,000
2 beds2 baths990 sq ft
205 Barry Ave S, Wayzata, MN 55391
See all

Provided by Redfin

Sale history for 308 Ferndale Rd W

Date

Event

Price

Public Records

Mar 20, 2025

Sold

$2,800,000

NORTHSTARMLS as Distributed by MLS Grid #6614170

Mar 18, 2025

Contingent

—

Mar 18, 2025

Sold

$2,800,000

Mar 15, 2025

Relisted

—

Mar 13, 2025

Contingent

—

Mar 8, 2025

Relisted

—

Mar 8, 2025

Listing Removed

—

Nov 14, 2024

Relisted

—

Oct 11, 2024

Listed

$3,475,000

Public Records

Mar 6, 2024

Sold

$3,000,000

Public Records

Jul 8, 2005

Sold

$1,875,000

NORTHSTARMLS as Distributed by MLS Grid #2363984

Feb 5, 2005

Listing Removed

—

Jan 14, 2005

Listed

$1,895,000

Public Records

Jan 12, 2004

Sold

$1,400,000

NORTHSTARMLS as Distributed by MLS Grid #2181482

Nov 19, 2003

Sold

$1,400,000

Oct 10, 2003

Listing Removed

—

Aug 18, 2003

Listed

$1,495,000

Public Records

Apr 27, 1998

Sold

$181,670

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Year

Property tax

Land + Additions

Assessment*

2026

$28,871 (−7.5%)

$2,192,400

2025

$31,208 (−12.9%)

$1,897,000 + $628,300

$2,525,300

2024

$35,849 (+27.8%)

$2,136,600 + $447,200

$2,583,800

2023

$28,048 (−14.7%)

$1,620,000 + $368,000

$1,988,000

2022

$32,865 (+14.4%)

$1,620,000 + $517,000

$2,137,000

2021

$28,716 (+0.5%)

$1,350,000 + $511,000

$1,861,000

2020

$28,585 (+15.2%)

$1,305,000 + $515,000

$1,820,000

2019

$24,816 (−1.9%)

$1,089,000 + $497,000

$1,586,000

2018

$25,288 (+0.2%)

$1,089,000 + $513,000

$1,602,000

2017

$25,241 (+13.9%)

$1,089,000 + $513,000

$1,602,000

2015

$22,159 (+10.3%)

$1,008,000 + $451,000

$1,459,000

2014

$20,084 (−16.0%)

$855,000 + $450,000

$1,305,000

2013

$23,917 (−4.2%)

$918,000 + $443,000

$1,361,000

2012

$24,965

$1,224,000 + $273,000

$1,497,000

Tax history for 308 Ferndale Rd W

Year

Property tax

Land + Additions

Assessment*

2026

$28,871 (−7.5%)

$2,192,400

2025

$31,208 (−12.9%)

$1,897,000 + $628,300

$2,525,300

2024

$35,849 (+27.8%)

$2,136,600 + $447,200

$2,583,800

2023

$28,048 (−14.7%)

$1,620,000 + $368,000

$1,988,000

2022

$32,865 (+14.4%)

$1,620,000 + $517,000

$2,137,000

2021

$28,716 (+0.5%)

$1,350,000 + $511,000

$1,861,000

2020

$28,585 (+15.2%)

$1,305,000 + $515,000

$1,820,000

2019

$24,816 (−1.9%)

$1,089,000 + $497,000

$1,586,000

2018

$25,288 (+0.2%)

$1,089,000 + $513,000

$1,602,000

2017

$25,241 (+13.9%)

$1,089,000 + $513,000

$1,602,000

2015

$22,159 (+10.3%)

$1,008,000 + $451,000

$1,459,000

2014

$20,084 (−16.0%)

$855,000 + $450,000

$1,305,000

2013

$23,917 (−4.2%)

$918,000 + $443,000

$1,361,000

2012

$24,965

$1,224,000 + $273,000

$1,497,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

1.99 Acres

Year renovated

2000

Sq. Ft.

3,982

Year built

1979

Style

Other

County

Hennepin County

APN

12 117 23 12 0032

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Garage Spaces: 2

Interior

Virtual Tour

Exterior

Waterfront Information
Waterfront Features: Lake View

Property Information
FractionalOwnershipYN: No
Development Status: Finished Lot(s)
Property Type: Land
Has Additional Parcels

Lot Information
Lot Features: Cleared, Irregular Lot, Tree Coverage - Heavy, Tree Coverage - Light, Tree Coverage - Medium, Underground Utilities
Lot Size Area: 1.99
Lot Size Units: Acres
Lot Size Dimensions: irreg
Improvements: Paved Streets

Financial

Assessment Information
Other Annual Assessment Amount: $5,199

Tax Information
Tax Annual Amount: $30,649
Tax Year: 2024
Tax With Assessments: $35,849

Utilities

Utility Information
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Location

School Information
High School District: Wayzata
School District Number: 1280
School District Phone: 7637455000

Location Information
Directions: Ferndale Rd S to Ferndale Rd W, go south on driveway to 308
Map Coordinate: 104-B3
Topography: Rolling

Community Information
Development Amenity Type: No

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 3,982
Stories: 2.0
Lot Size: 1.99 acres
Style: Other
Year Built: 1979
Year Renovated: 2000
County: Hennepin County
APN: 12 117 23 12 0032

Home facts updated by county records on Jul 21, 2026

Other

Documents & Disclosures
Restrictions: Open

Home Information
Living Area Units: Square Feet

Around this home

Schools

Gleason Lake Elementary School

Public K-5 • Assigned • 1.9mi

9/10

Wayzata West Middle School

Public 6-8 • Assigned • 1.0mi

9/10

Wayzata High School

Public 9-12 • Assigned • 5.8mi

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)

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

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New listings for sale in 55391

COMING SOON

$255,000

2 beds2 baths990 sq ft

205 Barry Ave S #207, Wayzata, MN 55391

COMING SOON3D WALKTHROUGH

$7,895,000

6 beds7 baths6,385 sq ft

1225 Shoreline Dr, Wayzata, MN 55391

OPEN SUN, 12:30PM TO 2:30PM

$685,000

4 beds3 baths3,937 sq ft

3200 Hazelwood W, Wayzata, MN 55391

COMING SOON

$1,950,000

4 beds4 baths4,065 sq ft

2323 Huntington Point Rd W, Wayzata, MN 55391

$699,000

3 beds4 baths2,358 sq ft

145 Edgewood Ct, Wayzata, MN 55391

3D WALKTHROUGH

$1,765,000

5 beds4 baths4,540 sq ft

2526 Crosby Rd, Wayzata, MN 55391

$2,695,000

4 beds6 baths5,972 sq ft

235 Hollander Rd, Wayzata, MN 55391

OPEN SUN, 12:15PM TO 2PM

$2,175,000

5 beds4 baths4,398 sq ft

3143 Lafayette Ridge Rd, Wayzata, MN 55391

OPEN SUN, 12PM TO 2PM

$1,749,000

2 beds3 baths3,312 sq ft

740 Widsten Cir, Wayzata, MN 55391

Home values near 308 Ferndale Rd W

Data from public records.

Address	Redfin Estimate
378 Ferndale Road West, Wayzata, MN 4 Beds \| 6 Baths \| - Sq. Ft.	$3,995,843
300 Ferndale Road West, Wayzata, MN 7 Beds \| 9.5 Baths \| 24354 Sq. Ft.	$19,236,119

Address	Redfin Estimate
312 Ferndale Road West, Wayzata, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$9,021,475
374 Ferndale Road West, Wayzata, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$3,124,180

Address	Redfin Estimate
370 Ferndale Road West, Wayzata, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$4,509,399
390 Ferndale Road West, Wayzata, MN 4 Beds \| 5 Baths \| - Sq. Ft.	$2,499,164

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 55391, MN

Sale history for 308 Ferndale Rd W

Tax history for 308 Ferndale Rd W

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55391

Home values near 308 Ferndale Rd W

More real estate resources