Imagine living on the water, where a soft, pastel sky painted in dreamy swirls of pink, blue, and purple, like a serene watercolor masterpiece, gleams right outside your door! Here’s your chance to embrace the ultimate lake life – fish from your dock, sail away on peaceful boat rides, watch the many eagles soar across your backyard treeline, and soak in all the beauty Wells Lake has to offer, including access to both Cannon Lake and the Cannon River. With 98 feet of lakeshore, a private dock, and a boatlift, this charming 1/2-acre lot is a nature lover’s dream. Step inside to an open, airy main level where vaulted ceilings and exposed beams set the stage for relaxed living. From the kitchen to the living room, you’ll be greeted by panoramic lake views that will make every moment feel special. The spacious primary suite offers a cozy escape, complete with two walk-in closets, a ¾ bath, and access to a future deck – your personal retreat. Plus, two additional bedrooms and a laundry room are just steps away. Downstairs, the family room opens to a peaceful patio – perfect for entertaining or just enjoying the outdoors. With two more bedrooms, a full bath, and a second laundry hookup, the lower level is perfect for guests or family. You’ll also love the over 500 sq. ft. of storage space for all your lake gear! Recent updates include a new roof in 2023, A/C in 2015, and new vinyl siding in 2010. With a 700 sq. ft. garage and plenty of parking, there’s room for everything you need. And with Faribault and I-35 just minutes away, you get the best of lakeside serenity and easy access to town. Lake life is calling – come answer!
Closed
$480,000
3900 Wells Lake Way, Faribault, MN 55021
5beds
2,912sqft
Single Family
Built in 1984
0.52 Acres Lot
$481,200 Zestimate®
$165/sqft
$2,854 Estimated rent
Home value
$481,200
$380,000 - $606,000
$2,854/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lacie Nelson 952-873-9333,
eXp Realty,
Morgan Almendinger 507-649-4010
Bought with:
Camille Hanson
Counselor Realty of Rochester
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6698372
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 4
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 5
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Primary bathroom
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Bathroom
- Level: Main
- Area: 45 Square Feet
- Dimensions: 5x9
Bathroom
- Level: Lower
- Area: 45 Square Feet
- Dimensions: 5x9
Dining room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Family room
- Level: Lower
- Area: 496 Square Feet
- Dimensions: 31x16
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 8x13
Living room
- Level: Main
- Area: 338 Square Feet
- Dimensions: 26x13
Storage
- Level: Lower
- Area: 525 Square Feet
- Dimensions: 21x25
Utility room
- Level: Lower
- Area: 153 Square Feet
- Dimensions: 17x9
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
- Finished area above ground: 1,456
- Finished area below ground: 800
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: South
- Waterfront features: Lake Front, Waterfront Elevation(15-26), Lake Bottom(Soft)
- Frontage length: Water Frontage: 98
Lot
- Size: 0.52 Acres
- Dimensions: 98 x 220 x 112 x 208
Details
- Foundation area: 1456
- Parcel number: 1034226024
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Gas: Natural Gas
- Sewer: Septic System Compliant - No
- Water: Well
Community & neighborhood
Location
- Region: Faribault
- Subdivision: Dels View
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2025 | Pending sale | $499,500+4.1%$172/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6698372 Report a problem | ||
| 6/13/2025 | Sold | $480,000-3.9%$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6698372 Report a problem | ||
| 4/12/2025 | Listed for sale | $499,500$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6698372 Report a problem | ||
| 11/4/2024 | Listing removed | $499,500$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6620078 Report a problem | ||
| 10/18/2024 | Listed for sale | $499,500-7.4%$172/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6620078 Report a problem | ||
| 10/18/2024 | Listing removed | $539,500$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6581591 Report a problem | ||
| 8/29/2024 | Price change | $539,500-1.9%$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6581591 Report a problem | ||
| 8/8/2024 | Listed for sale | $549,900$189/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6581591 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,110 +1.6% | $418,300 +1.2% |
| 2024 | $3,062 +9.6% | $413,200 -0.1% |
| 2023 | $2,794 +6.6% | $413,700 +14.8% |
| 2022 | $2,620 +5% | $360,300 +13.5% |
| 2021 | $2,496 +8.1% | $317,500 +3.9% |
| 2020 | $2,308 | $305,600 +2.8% |
| 2019 | $2,308 +9.3% | $297,400 +10.1% |
| 2018 | $2,112 +3.2% | $270,100 +3.7% |
| 2017 | $2,046 -2.3% | $260,400 +4.8% |
| 2016 | $2,094 | $248,400 +2.5% |
| 2015 | $2,094 +4.1% | $242,300 |
| 2014 | $2,012 -5.4% | $242,300 |
| 2013 | $2,126 +4.3% | -- |
| 2012 | $2,038 | -- |
| 2011 | $2,038 -6.9% | -- |
| 2010 | $2,188 +5.2% | -- |
| 2009 | $2,080 -3.3% | -- |
| 2008 | $2,150 +3.7% | -- |
| 2007 | $2,074 +4% | -- |
| 2006 | $1,994 +11.8% | -- |
| 2004 | $1,784 +1.2% | -- |
| 2003 | $1,762 +1.3% | -- |
| 2002 | $1,740 -20.2% | -- |
| 2001 | $2,180 | -- |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 2.6 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 3.5 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$481,200
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Estimated market value
$481,200
- Minnesota
- Rice County
- Faribault
- 55021
- 3900 Wells Lake Way
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