2 months on rocket

370 Ferndale Rd W, Wayzata, MN, 55391

$5,499,000

4 Bedrooms
1 Full Bath, 1 Partial
5,516 SqFt
$997/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage4 spaces
Year Built2008
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room, Primary Bedroom, Stone, Wood Burning
MLS #6570253
StatusActive

About 370 Ferndale Rd W

Experience the epitome of upscale living in this stunning prairie-style home designed by SKD Architects along Wayzata’s Gold Coast in the coveted Highcroft neighborhood. Relish the recently remodeled main level, boasting a state-of-the-art gourmet kitchen that opens to a welcoming hearth room and informal dining space. Seamlessly expand your living space to the outdoors with a tranquil porch equipped with phantom screens, a vaulted ceiling, and a cozy wood-burning fireplace. The main level owner's suite is a true sanctuary, featuring a luxurious new spa-like bathroom. The main level also includes a light-filled living room with a gas fireplace and bar area, a spacious office/den with custom built-ins, and a stunning formal dining room with a built-in buffet and Plyboo accent wall. The walkout lower level is an entertainer’s dream, offering a family room, billiards and game room, wet bar, wine cellar, pool bath and laundry, along with three guest bedrooms. Set on 1.12 acres of meticulously landscaped grounds, the outdoor space is equally impressive, featuring a pool/spa, waterfall, pergola, gas fire feature, grilling/bar area, paver patios and driveway, and a fenced-in yard with a dedicated dog area. The home also includes a 4-car heated garage and a slate roof. Located within a short walk to downtown Wayzata, Lake Minnetonka, and an array of fine restaurants and shops, this property combines luxury and convenience.

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Living Area: 5,516 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room, Primary Bedroom, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wayzata High School, Public District Grades 9-12
  • Wayzata West Middle School, Public District Grades 6-8
  • Gleason Lake Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Wayzata Blvd to south on Ferndale Rd S to Ferndale Rd W to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,499,000
  • Price Per SqFt: $997/SqFt

Tax Information:

  • Annual Amount: $34,525
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wayzata, MN.

Med. Sold Price

$969.1K

Med. Price/SqFt

$326

Avg. Days On Market

46

# of Sold Homes

26

370 Ferndale Rd W vs Wayzata

70 DAYS ON ROCKET

+24 Days

$5,499,000

+$4.5M More

$997/SqFt

+$671 More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $671/SqFt more than other homes in Wayzata, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6570253

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

Listing History

Jul 25, 2018Home Sold
$3,200,000
Jan 31, 2007Home Sold
$1,249,400
Jan 31, 2007Home Sold
$730,000

Tax History

YEARPROP. TAXASSESSMENT
2020$34,525$2,516,000
2019$35,141$2,469,000
2018$33,773$2,368,000
2017$26,884$1,870,000

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-21967
7
/10
  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 1.89 miles

  • Public District Grades KG-5

Middle School

school-card-donut-21968
8
/10
  • Wayzata West Middle School

  • 149 Barry Ave N

  • 1.03 miles

  • Public District Grades 6-8

High School

school-card-donut-21969
10
/10
  • Wayzata High School

  • 4955 Peony Ln N

  • 5.73 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,362. Most Wayzata, MN residents have annual incomes $200k+. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 370 Ferndale Rd W

What is the listing price of this property?

The listing price of 370 Ferndale Rd W property is $5,499,000.

What type of property is this?

The property 370 Ferndale Rd W is a house located in Wayzata, Minnesota, 55391.

Is this property for sale now?

Active Listing: 370 Ferndale Rd W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 370 Ferndale Rd W are:
Gleason Lake Elementary School: GreatSchools Rating 7/10
Wayzata West Middle School: GreatSchools Rating 8/10
Wayzata High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $34,525 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 25, 2018 for $3,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 370 Ferndale Rd W has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 370 Ferndale Rd W is 5,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 370 Ferndale Rd W is 2008.
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Rocket HomesMinnesotaHennepin CountyWayzata55391370 Ferndale Rd W

This home is located at 370 Ferndale Rd W in Wayzata, MN and zip code 55391 in the Wayzata Bay neighborhood. This 5,516 square foot home was built in 2008. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $5,499,000.

In October 2024, from all listings sold in Wayzata, MN there were more than 6 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price. The number of listings in Wayzata, MN increased by 10.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $969,166, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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