358 Ferndale Road SWayzata, MN 55391
$16.45 million
4 bedrooms · 8 bathrooms · 9,921 finished sq ft · 1.61 acre lot
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
Listing courtesy of Coldwell Banker Realty (Elizabeth P Vogt). MLS #7060616.
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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.
The location
- Wayzata community guideSchools, commutes, parks, home values and local stories.
- Lake MinnetonkaLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Wayzata housing market, September 2026Homes sold for a median $1,137,000 over 12 months (+3.4%), 99 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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