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  • Price cut: $75K (7/3)
    $2,675,000

    3141 Fairchild Ave, Wayzata, MN 55391

    6beds
    5,090sqft
    : 
    $17,069/mo
    Get pre-qualified
    Single Family
    Built in 1975
    2.06 Acres Lot
    $2,551,300 Zestimate®
    $526/sqft
    $-- HOA

    What's special

    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.
    66 days
    |
    1,376
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Prudden 612-805-5466,

    Prudden & Company,

    Jessica Prudden 612-875-4675

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7076089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 201 Square Feet
      • Dimensions: 15x13.4
      Bedroom 2
      • Level: Upper
      • Area: 131.1 Square Feet
      • Dimensions: 13.11x10
      Bedroom 3
      • Level: Upper
      • Area: 156.45 Square Feet
      • Dimensions: 10.5x14.9
      Bedroom 4
      • Level: Upper
      • Area: 126.65 Square Feet
      • Dimensions: 11.11x11.4
      Bedroom 5
      • Level: Lower
      • Area: 241.78 Square Feet
      • Dimensions: 15.4x15.7
      Dining room
      • Level: Main
      • Area: 313.95 Square Feet
      • Dimensions: 27.3x11.5
      Exercise room
      • Level: Lower
      • Area: 315.9 Square Feet
      • Dimensions: 19.5x16.2
      Family room
      • Level: Lower
      • Area: 249.48 Square Feet
      • Dimensions: 18.9x13.2
      Kitchen
      • Level: Main
      • Area: 270.3 Square Feet
      • Dimensions: 15.9x17
      Living room
      • Level: Main
      • Area: 321.44 Square Feet
      • Dimensions: 19.6x16.4
      Office
      • Level: Main
      • Area: 224.01 Square Feet
      • Dimensions: 17.10x13.10
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
      Features
      • Basement: Finished,Full,Storage Space,Walk-Out Access
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 5,984
      • Total interior livable area: 5,090 sqft
      • Finished area above ground: 3,252
      • Finished area below ground: 1,838

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Concrete, Garage, Garage Door Opener, Heated Garage
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Waterfront features: Deeded Access
      Lot
      • Size: 2.06 Acres
      • Dimensions: 123 x 847 x 92 x 834
      Details
      • Foundation area: 1838
      • Parcel number: 1711722140013
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • 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: $526/sqft
      • Tax assessed value: $1,833,500
      • Annual tax amount: $23,332
      • Date on market: 5/18/2026
      • Cumulative days on market: 115 days

        Estimated market value

        $2,551,300

        $2.42M - $2.68M

        $6,597/mo

        Price history

        DateEventPrice
        7/3/2026Price change$2,675,000-2.7%$526/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7076089 Report a problem
        5/20/2026Listed for sale$2,750,000+0%$540/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7076089 Report a problem
        5/16/2026Listing removed$2,749,000$540/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7038449 Report a problem
        3/18/2026Listed for sale$2,749,000-1.6%$540/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7038449 Report a problem
        3/18/2026Listing removed$2,795,000$549/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7013395 Report a problem
        2/17/2026Price change$2,795,000-6.7%$549/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7013395 Report a problem
        2/7/2026Listed for sale$2,995,000+234.6%$588/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7013395 Report a problem
        7/18/2019Sold$895,000$176/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5226696 Report a problem
        5/10/2019Pending sale$895,000$176/sqft
        Source: Coldwell Banker Burnet - Wayzata #5226696 Report a problem
        5/10/2019Listed for sale$895,000+164.3%$176/sqft
        Source: Coldwell Banker Burnet - Wayzata #5226696 Report a problem
        6/17/1997Sold$338,650$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$23,332 +9.2%$1,833,500 +16.9%
        2024$21,364 +7.9%$1,568,800 +3.1%
        2023$19,801 +31.7%$1,521,200 +8.1%
        2022$15,033 +22.9%$1,407,200 +40.9%
        2021$12,235 +14.6%$999,000 +20.3%
        2020$10,674 -12.8%$830,600 +17.4%
        2019$12,235 +14.6%$707,400 +1.8%
        2018$10,674 +7.5%$695,200 +6.3%
        2017$9,927 -0.6%$654,000 +3.4%
        2016$9,988 +3.4%$632,500 +19.6%
        2015$9,661 +22.4%$529,000
        2014$7,893 -1%$529,000
        2013$7,974 +1.3%$529,000 -2.9%
        2012$7,872 +10.8%$544,800 +4.8%
        2011$7,105 +6.8%$519,800 -2.3%
        2010$6,653 -0.8%$532,100 -4.6%
        2009$6,710 -2.6%$557,500 +0.1%
        2006$6,891 -0.4%$556,800 +3.8%
        2005$6,917 +8.7%$536,400 +13.4%
        2004$6,362 +4.8%$472,900 +12%
        2002$6,073 -40.4%$422,300
        2001$10,193 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55391

        Getting around

        14 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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