$2,750,000
3141 Fairchild Avenue
Wayzata, MN 55391
MLS# 7076089
6 beds  |  5 baths  |  5984 sqft


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Property Description
Tucked within one of the most charming pockets near Lake Minnetonka, this thoughtfully reimagined residence by City Homes blends timeless design with an effortless lake lifestyle. Set on a breathtaking 2+ acre homesite, the property offers an exceptionally rare combination of wide-open usable green space and the serenity of protected wetlands beyond — creating a private backdrop that feels worlds away. The expansive flat backyard is ideal for entertaining, recreation, future pool potential, or simply enjoying peaceful evenings surrounded by nature. Adding to the allure, the home includes a deeded boat slip on Libbs Lake, which feeds into Lake Minnetonka, just steps from the front door, delivering seamless access to lake days all summer long. The neighborhood evokes the feel of a quiet, tucked-away lake community with picturesque streets perfect for morning walks, evening bike rides, and an unmatched sense of tranquility. Despite the peaceful setting, you are only a short bike ride from the boutiques, restaurants, and lakeside charm of Wayzata’s vibrant downtown. A truly special opportunity to enjoy refined living, privacy, and the very best of the Lake Minnetonka lifestyle.

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $2,750,000
Original List Price: 2750000
ListPrice: 2750000
List Date: 2026-05-18
Office/Member Info
Association: SPAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: Yes
Year Built: 1975
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 123x847x92x834
Acres: 2.06
Bath Three Quarters: 1
Bath Half: 1
Lake/Waterfront Name: Libbs
Bath Quarter: 0
Main Floor Total SqFt: 1582
Above Grd Total SqFt: 3848
Below Grd Total SqFt: 2136
Total SqFt: 5984
Total Finished Sqft: 5090.00
FireplaceYN: Yes
Foundation Size: 1838
Style: (SF) Single Family
Garage Stalls: 4
Association Fee: 0
Assessment Pending: No
Bedrooms: 6
Baths Total: 5
Bath Full: 3
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: REG. LAND SURVEY NO. 1353 TRACT H EX ROAD
Listing City: Minnetonka
Map Page: 118
Municipality: Minnetonka
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27008500
DNR Lake Classification: General Development
Zip Plus 4: 2909
Property ID Number: 1711722140013
Tax Year: 2025
Tax Amount: 23332
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Tucked within one of the most charming pockets near Lake Minnetonka, this thoughtfully reimagined residence by City Homes blends timeless design with an effortless lake lifestyle. Set on a breathtaking 2+ acre homesite, the property offers an exceptionally rare combination of wide-open usable green space and the serenity of protected wetlands beyond — creating a private backdrop that feels worlds away. The expansive flat backyard is ideal for entertaining, recreation, future pool potential, or simply enjoying peaceful evenings surrounded by nature. Adding to the allure, the home includes a deeded boat slip on Libbs Lake, which feeds into Lake Minnetonka, just steps from the front door, delivering seamless access to lake days all summer long. The neighborhood evokes the feel of a quiet, tucked-away lake community with picturesque streets perfect for morning walks, evening bike rides, and an unmatched sense of tranquility. Despite the peaceful setting, you are only a short bike ride from the boutiques, restaurants, and lakeside charm of Wayzata’s vibrant downtown. A truly special opportunity to enjoy refined living, privacy, and the very best of the Lake Minnetonka lifestyle.
Directions: I-494 to west on Minnetonka Blvd to north on Fairchild Ave to home on right.
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Deck: 1
Dock: 1
Exercise Room: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Kitchen Window: 1
Natural Woodwork: 1
Paneled Doors: 1
Panoramic View: 1
Patio: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Sauna: 1
Security System: 1
Sun Room: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Energy Star Appliances: 1
Freezer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Filtration System: 1
Water Osmosis System: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 23332
Basement
Full: 1
Storage Space: 1
Building Information
Finished SqFt Above Ground: 3252
Finished SqFt Below Ground: 1838
Construction Status
Previously Owned: 1
Exterior
Block: 1
Cedar: 1
Cement Board: 1
Metal: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 22
Lake Depth: 8
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Finished Garage: 1
Garage Square Feet: 1032
Garage Door Opener: 1
Heated Garage: 1
Public Survey Info
Range#: 22
Section#: 17
Township#: 117
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Water
City Water/Connected: 1
Location Tax and Other Information
House Number: 3141
Street Name: Fairchild
Street Suffix: Avenue
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Deck; Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Sauna; Security System; Sun Room
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Energy Star Appliances; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Water Osmosis System
Basement: Full; Storage Space
Construction Status: Previously Owned
Exterior: Block; Cedar; Cement Board; Metal
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Parking Characteristics: Finished Garage; Garage Door Opener; Heated Garage
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Dining Room27.3x11.5Main
Exercise Room19.5x16.2Lower
Family Room18.9x13.2Lower
Fifth (5th) Bedroom15.4x15.7Lower
First (1st) Bedroom15x13.4Upper
Fourth (4th) Bedroom11.11x11.4Upper
Kitchen15.9x17Main
Living Room19.6x16.4Main
Office17.10x13.10Main
Second (2nd) Bedroom13.11x10Upper
Third (3rd) Bedroom10.5x14.9Upper

IDX
Listing Office: Prudden & Company

Last Updated: June - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.