Dream location in Libbs Lake neighborhood with Minnetonka School District access. On 2.9 acres, currently backing up to City of Minnetonka Land. Well loved home for many years ready for next owner. The home is in need of updates and TLC. Deeded access across the street to Lake Minnetonka through Libbs Lake with a $50/year dock lease in place until 2077. Remodel or Rebuild your dream home- the possibilities are endless. Before listing, the owners obtained an independent appraisal valuing the home for 1 million dollars.
Closed
$918,000
3133 Fairchild Ave, Wayzata, MN 55391
4beds
2,993sqft
Single Family Residence
Built in 1954
2.91 Acres Lot
$920,300 Zestimate®
$307/sqft
$5,196 Estimated rent
Home value
$920,300
$847,000 - $994,000
$5,196/mo
Zestimate® history
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$5,823/mo
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Zillow last checked:
Listing updated:
Listed by:
Laura Bernard 515-720-7227,
eXp Realty,
Matthew Bernard 952-457-6605
Bought with:
Christine K Lips
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6822093
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 217.5 Square Feet
- Dimensions: 14.5x15
Bedroom 2
- Level: Main
- Area: 209 Square Feet
- Dimensions: 19x11
Bedroom 3
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Bedroom 4
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Dining room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Family room
- Level: Main
- Area: 324 Square Feet
- Dimensions: 24x13.5
Kitchen
- Level: Main
- Area: 155.25 Square Feet
- Dimensions: 13.5x11.5
Laundry
- Level: Basement
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17x11
Recreation room
- Level: Basement
- Area: 768 Square Feet
- Dimensions: 32x24
Heating
- Boiler
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Lower Level, Laundry Room
Features
- Basement: Block,Daylight,Egress Window(s),Storage Space,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Living Room, Primary Bedroom
Interior area
- Total structure area: 2,993
- Total interior livable area: 2,993 sqft
- Finished area above ground: 2,145
- Finished area below ground: 848
Property
Parking
- Total spaces: 2
- Parking features: Attached, Tuckunder Garage
- Attached garage spaces: 2
- Details: Garage Dimensions (21x24.5)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Deeded Access, Lake View
Lot
- Size: 2.91 Acres
- Dimensions: 125 x 907 x 879 x 125
Details
- Additional structures: Storage Shed
- Foundation area: 848
- Parcel number: 1711722140021
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Registered Land Surv 1353 Trac
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $756,800
- Annual tax amount: $10,348
- Date on market: 1/1/2026
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $918,000+8%$307/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6822093 Report a problem | ||
| 1/5/2026 | Pending sale | $850,000$284/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6822093 Report a problem | ||
| 1/1/2026 | Listed for sale | $850,000+6.3%$284/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6822093 Report a problem | ||
| 11/30/2020 | Sold | $800,000$267/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,348 +5.8% | $756,800 +2.1% |
| 2024 | $9,780 +3.5% | $741,300 +0.2% |
| 2023 | $9,447 +25.2% | $739,800 +3.8% |
| 2022 | $7,543 +2.4% | $712,800 +31.6% |
| 2021 | $7,368 -3.4% | $541,500 +1.8% |
| 2020 | $7,629 +3.5% | $532,000 +0.7% |
| 2019 | $7,368 -3.4% | $528,400 +2% |
| 2018 | $7,629 +9.6% | $517,800 +15.9% |
| 2017 | $6,958 +6.7% | $446,900 +6.6% |
| 2016 | $6,524 +6% | $419,400 +29.1% |
| 2015 | $6,153 +31% | $324,900 -3.6% |
| 2014 | $4,698 +2.1% | $337,200 +6.7% |
| 2013 | $4,600 +6.9% | $315,900 +1.7% |
| 2012 | $4,304 +2.6% | $310,700 -1.6% |
| 2011 | $4,194 -6% | $315,800 -13.5% |
| 2010 | $4,464 +2.4% | $365,000 -2.1% |
| 2009 | $4,358 -3.7% | $372,800 -0.9% |
| 2006 | $4,527 +3.1% | $376,300 +7.6% |
| 2005 | $4,391 +7.6% | $349,800 +12.8% |
| 2004 | $4,080 -4.2% | $310,200 +2.3% |
| 2002 | $4,259 -40.8% | $303,100 |
| 2001 | $7,199 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Groveland Elementary SchoolGrades: K-5Distance: 0.7 mi
- 9/10Minnetonka East Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$920,300
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Estimated market value
$920,300
- Minnesota
- Hennepin County
- Minnetonka
- 55391
- 3133 Fairchild Ave
Nearby cities
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