$16,450,000
 $88,307 est/mo Sourced by Back At You

358 Ferndale Road S,Wayzata, MN 55391

Wayzata, MN 55391

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Description

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!

Details

MLS #7060616
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2010
Days On Site184
Listing Provided ByColdwell Banker Realty | Elizabeth P Vogt

Features

Bed(s)4
Bath(s) 8 Total
SQ Feet9,921
Garage3
BasementY
PoolYes
Story(s)2
ZoningResidential-Single Family
Acreage1.61
Water FrontYes
Property ViewEast, Lake, Panoramic

Interior

CoolingCentral Air
HeatingForced Air, Fireplace(s), In-Floor Heating, Radiant
AppliancesAir-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned, Wine Cooler

Exterior

RoofShake, Age Over 8 Years, Pitched, Tile
Lot FeaturesAccessible Shoreline, Irregular Lot, Tree Coverage - Medium, Underground Utilities

Parking

Parking FeaturesAttached Garage, Asphalt, Driveway - Other Surface, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage

Taxes

Property176458

Area Information

StateMN
CountyHennepin
CityWayzata
Zip Code55391
School District284
High SchoolWayzata
Listing VS Median (in 55391)
Price:
$16,450,000
low | high
Med:
$1,970,000
100% of Average
sqft:
9,921
low | high
Med:
5,425
95.323052111682% of Average
$ / sqft:
$1,658
low | high
Med:
$387
100% of Average
On site:
184
low | high
Med:
41
100% of Average
Sourced by Back At You

Market Activity 55391

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 24, 2026 at 11:55:17 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityWayzata
Zip Code55391
School District284
High SchoolWayzata
Listing VS Median (in 55391)
Price:
$16,450,000
low | high
Med:
$1,970,000
100% of Average
sqft:
9,921
low | high
Med:
5,425
95.323052111682% of Average
$ / sqft:
$1,658
low | high
Med:
$387
100% of Average
On site:
184
low | high
Med:
41
100% of Average
Sourced by Back At You
Listing Updated: October 22, 2026 at 1:58:40 PM PDT