Peavy Lake Lake Minnetonka Real Estate

Peavy Lake - Lake MinnetonkaThis choice body of water is named after and was part of the Frank H. Peavey(Highcroft) Estate, an entrepreneur in farming in the late 1800s.  Peavy Lake was not part of Lake Minnetonka, but a channel was dredged that now connects it to Browns Bay.  Boat traffic is limited due to the canal’s width and the height of the Ferndale Road Bridge, which runs over the canal.  Peavy Lake lies within the city of Wayzata and is a closed throttle/minimum wake body of water.

Peavy Lake Real Estate Market StatsApril 13, 2021
1
Listed
36
Avg. DOM
$274.47
Avg. $ / Sq.Ft.
$2,675,000
Med. List Price
1 Property
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