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  • $820,000

    3890 Wells Lake Way, Faribault, MN 55021

    3beds
    2,680sqft
    Single Family Residence
    Built in 1988
    1.31 Acres Lot
    $821,100 Zestimate®
    $306/sqft
    $2,728 Estimated rent

    Home value

    $821,100

    $657,000 - $1.03M

    $2,728/mo

    Zestimate® history
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    What's special

    Massive center islandSpacious primary suiteCozy gas fireplacePristine shorelineCovered front porchPanoramic south-facing lake viewsElegant paver front entry
    Stunning Lakefront Rambler on Beautiful Wells Lake – A Rare Opportunity! Discover your dream home on the north shore of Wells Lake with this exceptional 3-bedroom, 3-bathroom rambler that perfectly blends comfort, luxury, and functionality. Nestled on a flat, spacious lot with over 200 feet of pristine shoreline, this one-of-a-kind property offers panoramic south-facing lake views, a sandy beach, and a truly remarkable 2,200 sq ft attached shop with 13' RV garage door, in addition to a generous 3-car garage. As you arrive, the grand double driveway and elegant paver front entry welcomes you home, while the covered front porch invites you to relax and take in the serene surroundings and bubbling water feature in the landscaping. Step inside to an open-concept vaulted living, dining, and kitchen area, all oriented to maximize breathtaking views of the lake. The custom-designed kitchen is a chef’s delight, featuring a massive center island with a built-in oven, an oversized breakfast bar, and beautiful oak cabinetry with a built-in hutch. From here, step out onto the expansive, maintenance-free wraparound deck with a motorized awning — perfect for sunny days. Arguably the best feature of the home is the incredible 4-season porch, offering vaulted ceilings, a cozy gas fireplace, and floor-to-ceiling windows that flood the space with natural light and offer unobstructed lake views. Enjoy direct access to the deck for seamless indoor-outdoor living. The main level also features a spacious primary suite with walk-in closet, walkthrough full main bath, and sliding glass door to the 4-season porch, a second bedroom with potential for a home office, offering direct access to the attached shop, and main floor laundry. Downstairs, you’ll find a third bedroom, craft room, a cozy family room with fireplace and wet bar, 3/4 bath, and walkout access to a length of home stamped concrete patio with a dry ceiling system — ideal for enjoying rainy days in comfort. The attached heated shop is a rare and valuable feature, perfect for RV enthusiasts, hobbyists, or small business needs, with its own bathroom and utility sinks. Located just minutes from the historic river town of Faribault, you’ll enjoy the charm of rural lake living with the convenience of nearby shopping, dining, and amenities. This home includes a one-year home warranty for added peace of mind. Don’t miss your chance to own this extraordinary lakeside retreat – homes like this don’t come around often!

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Mergens 507-663-1100,

    Century 21 Atwood

    Bought with:

    Kelly Harbal

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6718205MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Bedroom 2
    • Level: Main
    • Area: 137.5 Square Feet
    • Dimensions: 12.5x11
    Bedroom 3
    • Level: Main
    • Area: 172.62 Square Feet
    • Dimensions: 13.7x12.6
    Deck
    • Level: Main
    • Area: 364 Square Feet
    • Dimensions: 26x14
    Dining room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Family room
    • Level: Lower
    • Area: 588 Square Feet
    • Dimensions: 28x21
    Other
    • Level: Lower
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Kitchen
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Laundry
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Living room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Patio
    • Level: Lower
    • Area: 630 Square Feet
    • Dimensions: 45x14
    Porch
    • Level: Main
    • Area: 385 Square Feet
    • Dimensions: 35x11
    Sun room
    • Level: Main
    • Area: 345.8 Square Feet
    • Dimensions: 24.7x14
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Block,Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas, Living Room
    Interior area
    • Total structure area: 2,680
    • Total interior livable area: 2,680 sqft
    • Finished area above ground: 1,680
    • Finished area below ground: 1,000

    Property

    Parking
    • Total spaces: 14
    • Parking features: Attached, Asphalt, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Tandem Garage
    • Attached garage spaces: 5
    • Carport spaces: 9
    • Has uncovered spaces: Yes
    • Details: Garage Door Height (13)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Awning(s), Composite Decking, Deck, Front Porch, Patio, Wrap Around
    • Pool features: None
    • Fencing: None
    • Waterfront features: Lake Front, Waterfront Elevation(4-10)
    • Frontage length: Water Frontage: 207
    Lot
    • Size: 1.31 Acres
    • Dimensions: 1.31 Acres MOL
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1280
    • Parcel number: 1034226028
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame
    • Roof: Age 8 Years or Less,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: Private Sewer, Tank with Drainage Field
    • Water: Private, Well

    Community & neighborhood

    Location
    • Region: Faribault
    • Subdivision: Dels View

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved, Unimproved

    Price history

    DateEventPrice
    7/18/2025Sold$820,000-1.2%$306/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6718205 Report a problem
    6/18/2025Pending sale$829,900$310/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6718205 Report a problem
    5/9/2025Listed for sale$829,900+107.5%$310/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6718205 Report a problem
    7/8/2005Sold$400,000$149/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,238 +8.5%$661,600 +0.5%
    2024$4,826 +11.4%$658,100 +4.4%
    2023$4,332 -0.7%$630,600 +15.2%
    2022$4,362 +5.1%$547,200 +5.8%
    2021$4,150 +8.7%$517,400 +3.7%
    2020$3,818 $499,000 +3.4%
    2019$3,818 +7%$482,400 +8.9%
    2018$3,568 +8009.1%$442,900 +2.8%
    2017$44 -98.8%$431,000 +4.1%
    2016$3,730 $413,900 +0%
    2015$3,730 +3.6%$413,800 -0.5%
    2014$3,600 -4.8%$416,000
    2013$3,780 +4.9%--
    2012$3,604 --
    2011$3,604 -10.7%--
    2010$4,034 +9.2%--
    2009$3,694 +13.5%--
    2008$3,256 +26.6%--
    2007$2,572 +6.4%--
    2006$2,418 +49.4%--
    2004$1,618 +2.5%--
    2003$1,578 +4.4%--
    2002$1,512 -33.6%--
    2001$2,278 --

    Find assessor info on the county website

    Neighborhood: 55021

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $821,100
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    Estimated market value
    $821,100