Minneapolis · Home sale
520 Ferndale Rd W in Wayzata sells for $6.4 million
A single-family home at 520 Ferndale Rd W, Wayzata sold for $6,400,000 on September 8, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $6,400,000
- Sold
- September 8, 2026
- Property type
- Single-family home
- Lot size
- 17,424 sq ft
- Year built
- 2014
A lakefront home in Wayzata sold for $6,400,000 on September 8, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The price represents a 42% jump over the property's $4,500,000 sale in 2021.
The single-family home at 520 Ferndale Rd W sits directly on a lake with a dock, according to an aerial photo of the property. Around it are other houses. The 17,424-square-foot lot was assessed at a market value of $6,009,900.
Built in 2014, the home has 4 bedrooms and 4 bathrooms, according to listing data.
520 Ferndale Road, LLC sold the property to Keith Tomlinson and Tracy Tomlinson.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $21,760 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $12,175 for the owner's title insurance policy. With a 5% commission, the seller's estimated net is $5,997,208 before any mortgage payoff. A buyer putting 20% down would need about $1,366,566 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1919146. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
