3141 Fairchild Avenue, Wayzata, MN 55391

New Listing
$2,750,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,984 Lot Size (sq. ft.): 89,734 Status: Coming Soon
Current Price: $2,750,000 List Date: 5/18/2026 Last Modified: 5/18/2026

Overview

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.

Listing Details MLS# 7076089

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
Waterfront Present
No
Year Built
1975
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Three Quarters
Yes
Bath Half
Yes
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
Lake/Waterfront Name
Libbs
Style
(SF) Single Family
Foundation Size
1838
Garage Stalls
4
Lot Dimensions
123x847x92x834
Acres
2.06
Assessment Pending
No
Bath Quarter
0
Association Fee
0

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

Contract Information

Contingency
None
Original List Price
2750000
ListPrice
2750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3141
Street Name
Fairchild
Street Suffix
Avenue
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Assessments

Tax With Assessments
23332
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3252
Finished SqFt Below Ground
1838

More Information

Lake Details

Lake Acres
22
Lake Depth
8

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
1032
Finished Garage
Yes
Garage Door Opener
Yes
Heated Garage
Yes

Public Survey Info

Range#
22
Section#
17
Township#
117

Office/Member Info

Association
SPAAR

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
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
Dock
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Sauna
Yes
Security System
Yes
Sun Room
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Energy Star Appliances
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Water Osmosis System
Yes

Basement

Full
Yes
Storage Space
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Cedar
Yes
Cement Board
Yes
Metal
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Deeded Access
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 27.3x11.5 Level: Main Exercise Room Dimensions: 19.5x16.2 Level: Lower Family Room Dimensions: 18.9x13.2 Level: Lower Fifth (5th) Bedroom Dimensions: 15.4x15.7 Level: Lower First (1st) Bedroom Dimensions: 15x13.4 Level: Upper Fourth (4th) Bedroom Dimensions: 11.11x11.4 Level: Upper Kitchen Dimensions: 15.9x17 Level: Main Living Room Dimensions: 19.6x16.4 Level: Main Office Dimensions: 17.10x13.10 Level: Main Second (2nd) Bedroom Dimensions: 13.11x10 Level: Upper Third (3rd) Bedroom Dimensions: 10.5x14.9 Level: Upper
Listing Office: Prudden & Company
IDX
Last Updated: May - 18 - 2026
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