Jeffrey D. and Olivia K. Hornig sell 101 Peavey Lane, Wayzata

The home at 101 Peavey Lane, Wayzata, was sold on June 5 by Jeffrey D. and Olivia K. Hornig for $1.55 million.

Highcroft Wayzata LLC was listed as the buyer.

Property taxes on the home totaled $75,906 in 2024, or 4.9% of the sale price.

This property is one of five sales in Wayzata, Hennepin County, between May 5 and June 5.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.