585 Ferndale Road NWayzata, MN 55391
$2.595 million
4.81 acre lot
About this home
Build your dream home with westerly views overlooking Lake Lydiard. Tucked away at the end of a private drive minutes from Wayzata, this exceptional 4.81 acre homesite offers a peaceful, secluded setting with beautiful lake views, spectacular sunsets, and direct access to walking trails that wind through the surrounding natural landscape. The generous site provides the perfect canvas for a custom residence designed to embrace both privacy and the outdoors. This homesite provides opportunity to accommodate many lifestyle ideas, such as a pool, sports court, oversized garage, detached garage for car collectors, etc. Enjoy the convenience of downtown Wayzata's renowned restaurants, shops, and Lake Minnetonka amenities while experiencing the tranquility of a setting that feels worlds away. Offering a rare blend of natural beauty, privacy, and accessibility, this is an exceptional opportunity to create a truly remarkable home in one of the area's most desirable locations.
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 4.81 acres
- Property taxes
- $11,744 a year
- Listed
- June 26, 2026
- MLS number
- 7089111
Listing courtesy of Coldwell Banker Realty (Kyle H Hunt). MLS #7089111.
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How it compares
585 Ferndale Road N, Wayzata, MN 55391 is a lot, listed for $2.595 million on June 26, 2026 by Coldwell Banker Realty. That is in the upper quarter of the 11 land and lots for sale in Orono right now (median $2.275 million).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Orono community guideSchools, commutes, parks, home values and local stories.
- Orono housing market, September 2026Homes sold for a median $1,225,000 over 12 months (+4.3%), 76 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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