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Land with Home for Sale in Wayzata, Minnesota

3305 Fairchild Ave, Wayzata, MN 55391

$2,295,000
3.33 acres
Pending sale
Under contract

Introducing 3305 Fairchild Avenue in beautiful Wayzata, Minnesota. Set on 3.33 private acres with 145 feet of shoreline on Libbs Lake, offering navigable access to Lake Minnetonka, this exceptional estate combines privacy, luxury, and waterfront lifestyle. The two-story residence features four bedrooms, four bathrooms, and 3,355 finished square feet designed for comfortable everyday living and effortless entertaining. The charming front porch welcomes you inside, where an inviting foyer leads to the inviting family room anchored by a fireplace and hardwood floors. The gourmet eat-in kitchen is beautifully appointed with a center island, quartz countertops, custom enameled and stained cabinetry, and a Wolf gas range. Adjacent to the kitchen, the dining room is surrounded by walls of windows that frame picturesque views of the wraparound deck and expansive backyard. A private office, mudroom, and powder room complete the main level. Upstairs, the luxurious primary suite offers a private office with sliding doors, oversized walk-in closet with laundry, and spa-inspired bathroom featuring a soaking tub and walk-in shower. Three additional bedrooms and two bathrooms provide ample space for family and guests. The lower level expands the home's living space with a spacious family room and game area. Outdoor living is equally impressive, with a wraparound deck overlooking lush landscaping and peaceful natural surroundings. Across the street, enjoy the lakeside lot with 145 feet of Libbs Lake shoreline and a 2024 built accessory dwelling unit (ADU). Perfect as a lakeside guest house, private studio, or home office, the ADU includes a full kitchen, living room, bedroom, three-quarter bathroom, laundry, lakeside patio, and spectacular sunset views. The property also includes a private dock with two boat slips. From Libbs Lake, enjoy convenient boating access through Grays Bay to Wayzata Bay and the open waters of Lake Minnetonka. Whether kayaking and fishing during the summer months or snowshoeing and skating throughout the winter, Libbs Lake offers a peaceful, year-round recreational lifestyle. Just minutes from Downtown Wayzata's boutique shopping, lakeside dining, and Lake Minnetonka amenities. Easy access to highways and Downtown Minneapolis. Located within the award-winning Minnetonka School District, this remarkable property presents a rare opportunity to experience the very best of luxury lake living.

3,914
Sq feet
5
Beds
2
Full baths
2
3/4 baths
1
1/2 bath
1966
Built

Location

Street address
3305 Fairchild Ave
Zip code
55391
Community
Tonkaha Shores
School district
Minnetonka
Elevation
928 feet
Coordinates
44.9432, -93.4837

Directions

Minnetonka Boulevard to Fairchild Avenue

Property details

Acreage
3.33 acres
Zoning
Residential-Single Family
MLS #
RMLS 7114685
Posted

Property taxes

2026
$28,524

Parcels

  • 1711722140033

Details and features

Listing

Type
Residential

Lot

Waterfront
Lake
Features
Accessible Shoreline, Irregular Lot, Tree Coverage-Medium, Wetlands

Exterior

Parking
Driveway, Garage-Attached, Open
Features
Wood

Structure

Heating
Forced Air
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 5
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Furnace Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Filtration System, Water Softener-Owned

Listing history

DateEventPriceChangeSource
Aug 18, 2026New listing$2,295,000RMLS
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This 3.33-acre property is located at 3305 Fairchild Ave in Wayzata, MN 55391. The property is pending sale. It has a 3,914 square foot 5-bedroom, 4.5-bath house built in 1966.

Listed by Compass, (952) 213-1631

Checked 1 hour agoUpdated Source

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