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358 Ferndale Road SWayzata, MN 55391

$16.45 million

4 bedrooms · 8 bathrooms · 9,921 finished sq ft · 1.61 acre lot

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About this home

Buyers’ opportunity. Re-positioned to $16.450M. Representing extraordinary value on Lake Minnetonka’s coveted “Gold Coast’! No need to build. Ready for your enjoyment now! Check out the new AI photos showing how one can easily transform the exterior of the home and the rooms into a lighter, more current decor without any structural changes by painting and lightening up the hardwood floors and beams. Experience the pinnacle of Lake Minnetonka living on Wayzata Bay. Tucked away on a sprawling 1.6-acre private property, this Sharratt-designed and Robert Craig-built masterpiece encompasses 216 feet of premium, east-facing shoreline. The expansive manicured grounds offer a sanctuary of quietude opening up to breathtaking vistas of Wayzata Bay and downtown Wayzata. Extensive stonework, a Ludowici clay tile roof, and a cobblestone circular driveway with portico sets a tone of timeless elegance. The heart of the home is the soaring octagonal Great Room, where massive, beamed ceilings and panoramic sweep of windows frame the glistening waters of Lake Minnetonka. The focal point of the chef’s kitchen is a 20-foot walnut and natural stone island, equipped with Wolf and Sub- Zero appliances, and enhanced by a full caterer’s kitchen for effortless hosting. The adjoining breakfast room and inviting hearth room create a warm gathering space, while the formal dining and living room offer refined settings for both everyday living and gracious entertaining. The floor plan offers rare flexibility with elegant, primary suites on the main and upper level. Each includes a fireplace, sitting area and luxurious spa-like bathroom with unparalleled views of the lake. The second level is completed by a cozy reading nook and a guest wing, which includes two additional lake-facing ensuites. The elevator provides convenient service to all floors. The walk-out lower level, with its comfortable and spacious rooms, transition seamlessly to a lakeside paradise. A natural flagstone terrace and infinity edge pool provide the ultimate stage for large scale entertaining or quiet reflection. A charming pool house and lush, professional gardens add ambiance to this idyllic setting. Just a stroll away to Wayzata’s world-class dining and many boutique shops, this exceptional property represents the very finest in Lake Minnetonka living!

Home facts

Home type
Single-family home
Style
Single Family Residence
Year built
2010
Bedrooms
4
Bathrooms
8
Finished sq ft
9,921
Lot
1.61 acres
Garage
3 stalls
Basement
Walk-Out Access, Finished, Full, Storage Space, Sump Pump
Heating
Natural Gas, Forced Air, Fireplace(s), Radiant
Cooling
Central Air
Property taxes
$176,458 a year
Listed
April 23, 2026
MLS number
7060616

Broker ReciprocityListing courtesy of Coldwell Banker Realty (Elizabeth P Vogt). MLS #7060616.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

358 Ferndale Road S, Wayzata, MN 55391 is a 4-bedroom single-family home built in 2010 on Lake Minnetonka, listed for $16.45 million on April 23, 2026 by Coldwell Banker Realty. That is in the upper quarter of the 22 single-family homes for sale in Wayzata right now (median $2.5725 million; $1,658 per square foot here against $509 for the group). That works out to $1,658 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

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