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    222 Ferndale Rd S, Unit 203 Wayzata, MN 55391

    For Sale
    $1,950,000

    Stunning condo in Wayzata near Lake Minnetonka.

    Lot size:
    0.99 Acres

    Property Features for 222 Ferndale Rd S

    General Information

    Interior features
    Interior Feature 1, : "Fireplace", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Central Air", "Interior Feature 4": "Dryer", "Interior Feature 5": "Washer", "Interior Feature 6": "Microwave", "Interior Feature 7": "Dishwasher", "Interior Feature 8": "Disposal", "Interior Feature 9": "Range", "Interior Feature 10": "Stainless Steel Appliances", "Interior Feature 11": "Refrigerator", "Interior Feature 12": "Exhaust Fan"
    Exterior features
    exterior_features, : ["Deck"]
    Lot size
    0.99 Acres

    Building Details

    Year built
    2019

    Source: Compass Agent Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Corner Unit in Wayzata

    Located in the lakeside village of Wayzata, this corner unit offers an open-concept layout filled with natural light. The condo features expansive living and dining areas, along with a sunroom. The gourmet kitchen includes top-of-the-line appliances, a large center island, and a walk-in pantry. A flexible den can serve as a home office or creative studio. The primary suite offers spa-inspired amenities such as heated floors, dual vanities, a soaking tub, a separate walk-in shower, and a walk-in closet. The secondary bedroom includes an en-suite full bath. Additional features include a large laundry room, in-unit storage room, and a covered balcony. Meyer Place offers amenities including a guest suite, a fitness center, and a club room. The unit includes two heated garage stalls and a private storage locker. Situated at the west end of Lake Street, the property is near boutique shops, dining options, scenic trails, and Lake Minnetonka.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayzata
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.5222108
    Latitude
    44.9720134

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      Wayzata Office Building: Prime Location

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    FAQs

    What type of property is this?
    Apartment building - Stunning condo in Wayzata near Lake Minnetonka.
    Where is this apartment building located?
    The property is located at 222 Ferndale Rd S, Unit 203 Wayzata, MN.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime location in Wayzata, steps from shops, dining, trails, and Lake Minnetonka.; - Luxurious primary suite with spa-inspired amenities: **heated floors, dual vanities, soaking tub, walk-in shower, and walk-in closet.**; - Gourmet kitchen with **top-of-the-line appliances, large center island, and walk-in pantry.**
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 Ferndale Rd S, Unit 203 Wayzata, MN 55391
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