Lori Gustafson

326 Ferndale Road W

Wayzata, MN
$ 5,922,000 Beds 5 Baths 6 Sq 12,139 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to 326 Ferndale Road W, this extraordinary home is just minutes from the heart of downtown Wayzata. Set on an exceptional property and offering more than 12,000 finished square feet, 5 bedrooms, 7 bathrooms, and an impressive 7 garage stalls, this one-of-a-kind residence delivers an unparalleled combination of luxury, entertainment, recreation, and resort-style living. Extensively updated in 2015, every level of this remarkable home offers something unexpected. From the moment you enter, the scale and sophistication are unmistakable. The grand living room is framed by oversized windows overlooking the spectacular backyard and features a dramatic slate-surround gas fireplace, architectural beams, and an abundance of natural light. The gourmet chef’s kitchen is equally impressive, showcasing granite countertops, a distinctive copper sink, high-end stainless steel appliances, and beautifully designed cabinetry with exceptional functionality. A striking spiral staircase creates a dramatic architectural focal point at the center of the home. The main level is anchored by a truly exceptional primary suite designed as a private retreat. An updated gas fireplace and remote-controlled blinds create a warm and inviting atmosphere. The spa-inspired primary bath features three shower heads, a separate copper soaking tub, dual vanities, generous cabinetry, and a spectacular walk-in closet with center island and skylight create an indulgent space to unwind. Three additional bedrooms are thoughtfully positioned on this level, each offering generous closet space and convenient bathroom access. The main-level office adds another memorable touch with a 4' x 8' built-in aquarium and direct access to the deck. The lower level is an entertainer’s dream and truly unlike anything else. Step into a private movie theater complete with a concession counter, ticket booth, reclining theater chairs, soundproof walls, dedicated storage, and Hollywood-inspired stars lining the entryway floor. A wine cellar and extensive storage complement the cinematic experience. The exercise room includes hallway access to a cedar closet and an impressive built-in safe. The expansive recreation room features a projector for movie nights, wood-burning fireplace with stone surround, and a fully equipped mini kitchen with bar seating, dishwasher, gas range, microwave, and beverage storage. An additional bedroom and a dedicated wellness space with a built-in hot tub and room for a sauna provide even more opportunities for relaxation and recreation. Outside, the grounds become a private resort of their own. The spectacular backyard oasis features a heated in-ground pool with water slide, a full tennis court, basketball hoop, and dedicated pickleball space, all completely fenced for privacy. Designed for everything from quiet afternoons by the pool to unforgettable summer gatherings, this extraordinary outdoor setting offers an experience rarely found so close to downtown Wayzata. 326 Ferndale Road W is more than a home—it is an extraordinary lifestyle. With remarkable spaces for entertaining, relaxing, recreation, and everyday living, this private estate offers a level of scale, amenities, and versatility that is truly exceptional, all in an enviable location just minutes from downtown Wayzata and the shores of Lake Minnetonka.

Single Family

  • Price
  • $ 5,922,000
  • City
  • Wayzata
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Auditors Sub 184
  • Lot Size
  • 2.01 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 12,139
  • Year Built
  • 1985
  • Taxes
  • $ 55182
  • Style
  • Single Family
  • MLS#
  • 7068317
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 12139
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s),In-Floor Heating
Cooling Central Air
Roof Age Over 8 Years,Wood
Appliances Chandelier,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Freezer,Microwave,Other,Range,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer,Wine Cooler
Garage Spaces 7
Pool Features Below Ground,Heated,Outdoor
Year Built 1985
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility Soaking Tub
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Auditors Sub 184
Other Structures Garage(s),Pool House
Full Baths 3
Directions From downtown Wayzata,go West on Lake Street,turn left onto Ferndale Road S. Take immediately left onto Ferndale Road W. Home will be on your left.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 55182.16
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-9ps6fy
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Hot Tub,Intercom System,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Security Sy
PostalCity Wayzata

Interior Features

Basement Daylight/Lookout Windows,Egress Window(s),Finished,Full,Kitchenette,Storage Space,Sump Pump,Tile Shower,Walkout
Total Fireplaces 5
Fireplace Features Amusement Room,Family Room,Gas,Living Room,Primary Bedroom,Stone,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 6452
Half Baths 2
3/4 Baths 2
Laundry Features Laundry Room,Main Level,Other,Sink
Total Bedrooms 5
Below Grade Finished Area 5687
Total Baths 7
Bath Desc 1/2 Basement,Two Basement Baths,3/4 Basement,3/4 Jack & Jill,Basement,Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Main Floor Full B
Dining Room Description Breakfast Bar,Breakfast Area,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 47x38
Garage Square Feet 2592

Exterior Features

Fencing Full
Parking Features Attached Garage,Detached Garage,Electric Vehicle Charging Station(s),Floor Drain,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Other,Storage
Lot Features Irregular Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 2.01
Building Area Total 14236
Lot Dimensions Irregular
Waterfront Y/N No
Foundation Area 7630
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/28/2026 Listed $5,922,000

Property vs Zip Code Average in 55391

Price
AVG $3.9M
$5.92M
Taxes
AVG $28,548
$55,182
Year Built
AVG 1995
1985
Visits
AVG 163
23
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

326 Ferndale Road W Wayzata, MN is a Single Family Home for sale at $5922000 with 12139 sqft and a lot size of 2.01 Acres Acre(s). 326 Ferndale Road W Wayzata has 5 bedrooms, 5 baths and was built in 1985. The property's zip code is 55391 which is in Wayzata, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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