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3305 Fairchild Ave , Wayzata, MN 55391
$2,295,000
Est. Payment: $11,857.05/mo
5 Bed
5 Bath
3914 Sqft
Status: Pending | Days on site: 30
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49293 - 502041702,502050562
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Introducing 3305 Fairchild Avenue in beautiful Wayzata, Minnesota. Set on 3.33 private acres with 145 feet of shoreline on Libbs Lake, offering navigable access to Lake Minnetonka, this exceptional estate combines privacy, luxury, and waterfront lifestyle. The two-story residence features four bedrooms, four bathrooms, and 3,355 finished square feet designed for comfortable everyday living and effortless entertaining. The charming front porch welcomes you inside, where an inviting foyer leads to the inviting family room anchored by a fireplace and hardwood floors. The gourmet eat-in kitchen is beautifully appointed with a center island, quartz countertops, custom enameled and stained cabinetry, and a Wolf gas range. Adjacent to the kitchen, the dining room is surrounded by walls of windows that frame picturesque views of the wraparound deck and expansive backyard. A private office, mudroom, and powder room complete the main level. Upstairs, the luxurious primary suite offers a private office with sliding doors, oversized walk-in closet with laundry, and spa-inspired bathroom featuring a soaking tub and walk-in shower. Three additional bedrooms and two bathrooms provide ample space for family and guests. The lower level expands the home's living space with a spacious family room and game area. Outdoor living is equally impressive, with a wraparound deck overlooking lush landscaping and peaceful natural surroundings. Across the street, enjoy the lakeside lot with 145 feet of Libbs Lake shoreline and a 2024 built accessory dwelling unit (ADU). Perfect as a lakeside guest house, private studio, or home office, the ADU includes a full kitchen, living room, bedroom, three-quarter bathroom, laundry, lakeside patio, and spectacular sunset views. The property also includes a private dock with two boat slips. From Libbs Lake, enjoy convenient boating access through Grays Bay to Wayzata Bay and the open waters of Lake Minnetonka. Whether kayaking and fishing during the summer months or snowshoeing and skating throughout the winter, Libbs Lake offers a peaceful, year-round recreational lifestyle. Just minutes from Downtown Wayzata's boutique shopping, lakeside dining, and Lake Minnetonka amenities. Easy access to highways and Downtown Minneapolis. Located within the award-winning Minnetonka School District, this remarkable property presents a rare opportunity to experience the very best of luxury lake living.
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Highlights

Listed by Sarah E Polovitz , 612-743-6801 and Al Anderson , 651-802-0271 Compass , 952-283-0644. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Residential
Lot/Acreage
3.33

Year Built

1966

County

Hennepin

 Neighborhood

Tonkaha Shores

 School District

Minnetonka

Listing ID

7114685

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:2
  • ▪ 3/4 Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Air Cond:Central Air
Fireplaces:Gas,Living Room
Above Ground Sq Ft:3276
Below Ground Sq Ft:638
Basement:Block,Egress Window(s),Finished,Full,Storage Space
Other:
  • ▪ Additional:Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Porch, Panoramic View, Boat Slip, Washer/Dryer Hookup, Double Sink, Bathroom Ensuite, Full Primary, Private Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level 3/4 Bath, Upper Level Full Bath, Walk-In Shower Stall, Breakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, 2nd Floor Laundry, 3 BR on One Level, 4 BR on One Level, Primary Bdr Suite, Renovated
Water:City Water/Connected

Exterior Features

Lot:Dock,Lake Front,Accessible Shoreline,Irregular Lot,Tree Coverage - Medium,Wetlands,Waterfront
Lot Dimensions:Irregular
Zoning:Residential-Single Family
Roof:Age 8 Years or Less,Asphalt
Sewer:City Sewer/Connected
Parking Features:Attached Garage,Asphalt,Garage Door Opener
Principal Interest
$11,857
Taxes
$2,377

Home Price

$2,295,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$459,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,857.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,857.05 $2,377.00 $0.00 $14,234.05
Yearly $142,284.58 $28,524.00 $0.00 $170,808.58
Total $4,268,537.36 $855,720.00 $0.00 $5,124,257.36
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Wayzata, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T06:58:06.000Z

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