Why sit in cabin traffic...When you can vacation at home! Enjoy the Lake Minnetonka lifestyle and stunning panoramic views of the Minnehaha Creek wetlands. This stunning cottage is a 5 minute cruise by boat or car to picturesque Wayzata's charming restaurants and boutique shopping. This perfect in town retreat is the ideal cabin or sanctuary year-round home! Just steps to your private lake front and dock. This incredible opportunity to own such a magnificent piece of real estate, at this price, happens once in a generation. Your ship has come in...don't miss it!
Closed
$950,000
3121 Fairchild Ave, Wayzata, MN 55391
2beds
2,288sqft
Single Family
Built in 1980
2.48 Acres Lot
$966,400 Zestimate®
$415/sqft
$4,020 Estimated rent
Home value
$966,400
$879,000 - $1.06M
$4,020/mo
Zestimate® history
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$6,025/mo
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Stunning cottage
Zillow last checked:
Listing updated:
Listed by:
Mark A Geier 763-670-8100,
Coldwell Banker Realty
Bought with:
Jennifer M Gardner
Regency Real Estate Services
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6591998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Deck
- Level: Main
- Area: 336 Square Feet
- Dimensions: 28x12
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Family room
- Level: Lower
- Area: 442 Square Feet
- Dimensions: 26x17
Great room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Basement: Block,Daylight,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
- Finished area above ground: 1,244
- Finished area below ground: 80
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20x16)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Panoramic
- Waterfront features: Dock, Lake Front, Waterfront Elevation(4-10)
- Frontage length: Water Frontage: 25
Lot
- Size: 2.48 Acres
- Features: Tree Coverage - Medium
Details
- Foundation area: 1008
- Parcel number: 1711722140025
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $1,069,000
- Annual tax amount: $13,814
- Date on market: 9/3/2024
- Cumulative days on market: 199 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $950,000-1.6%$415/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6591998 Report a problem | ||
| 12/19/2024 | Pending sale | $965,000$422/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6591998 Report a problem | ||
| 9/3/2024 | Listed for sale | $965,000+1.6%$422/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6591998 Report a problem | ||
| 8/22/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6488898 Report a problem | ||
| 7/1/2024 | Price change | $950,000-11.6%$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488898 Report a problem | ||
| 6/11/2024 | Price change | $1,075,000-10%$470/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488898 Report a problem | ||
| 5/22/2024 | Listed for sale | $1,195,000+671%$522/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6488898 Report a problem | ||
| 6/8/1999 | Sold | $155,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,421 +11.6% | $1,069,000 +0.4% |
| 2024 | $13,814 +16.4% | $1,064,600 +5.2% |
| 2023 | $11,866 +18.3% | $1,011,900 +15.6% |
| 2022 | $10,033 +13.6% | $875,000 +26.2% |
| 2021 | $8,832 +14.6% | $693,600 +11.5% |
| 2020 | $7,708 -12.7% | $621,800 +16.7% |
| 2019 | $8,832 +14.6% | $533,000 +7.7% |
| 2018 | $7,708 +8.3% | $495,100 +6% |
| 2017 | $7,120 +4.4% | $467,100 +9.5% |
| 2016 | $6,819 +9% | $426,500 +8.4% |
| 2015 | $6,257 +8.2% | $393,400 +5.3% |
| 2014 | $5,783 +4.7% | $373,700 |
| 2013 | $5,526 -10.3% | $373,700 -13.8% |
| 2012 | $6,158 +4.8% | $433,500 |
| 2011 | $5,879 -9.7% | $433,500 -17% |
| 2010 | $6,507 -4.1% | $522,300 -7.2% |
| 2009 | $6,789 +44.4% | $563,100 +44.5% |
| 2006 | $4,700 +13.1% | $389,600 +17.2% |
| 2005 | $4,155 +10% | $332,400 +15% |
| 2004 | $3,777 +11.5% | $289,100 +17.5% |
| 2002 | $3,387 -37.6% | $246,000 |
| 2001 | $5,425 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby homes
- $1,112,9003 bd2 ba1.6k sqft3117 Fairchild Ave, Wayzata, MN 55391Off Market
- $918,0004 bd3 ba2.9k sqft3133 Fairchild Ave, Wayzata, MN 55391Sold
- $2,088,5004 bd3 ba2.7k sqft3125 Fairchild Ave, Wayzata, MN 55391Off Market
- $1,860,7003 bd4 ba2.2k sqft3109 Fairchild Ave, Wayzata, MN 55391Off Market
- $2,889,4004 bd3 ba3.7k sqft3130 Fairchild Ave, Wayzata, MN 55391Off Market
- $2,675,0006 bd5 ba5k sqft3141 Fairchild Ave, Wayzata, MN 55391For Sale
- $1,913,6004 bd3 ba3k sqft3101 Fairchild Ave, Wayzata, MN 55391Off Market
- $1,764,7003 bd4 ba2k sqft3194 Fairchild Ave, Wayzata, MN 55391Off Market
Nearby schools
GreatSchools rating
- 10/10Groveland Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$966,400
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Estimated market value
$966,400
- Minnesota
- Hennepin County
- Minnetonka
- 55391
- 3121 Fairchild Ave
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