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$499,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,454 Sq. Ft.
  • 3 Car Garage
  • Updated 4 days ago
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Enjoy beautiful lake views and deeded lake access from this inviting 4 bedroom/ 3 bath home featuring an expansive yard, spacious deck, and charming front porch. The main floor open floor plan is filled with natural light and a gas burning fireplace to cozy up to thru the seasons. The lower levels includes family room/office spaces and 4th bedroom. Relax year-round in the hot tub room! The lowest level features a 3rd stall garage with abundant storage. Boasting fresh paint throughout lower Levels, new LVP flooring lower level, new high capacity covered gutters with lifetime warranty! A wonderful blend of indoor comfort and outdoor living-perfect for entertaining or simply enjoying peaceful evenings under the stars!

Full Property Details for 4038 Wells Lake Way

General

  • Price: $499,900
  • Taxes: $3,120 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7116060
  • Updated: 7/31/2026
  • Added to Site: 11 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Lower Level, Lower Level

Additional Information

  • Amenities: Deck, Kitchen Window, Porch

Exterior

  • Porch/Patio/Deck: Deck, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Carport, Concrete, Heated Garage, Insulated Garage, Multiple Garages

Location

  • County: Rice
  • Township: Wells Twp
  • Subdivision: S View Second Add
  • Driving Directions: Cedar LAke Blvd, Left on Wells Lake Way

School Information

  • School District: 656 - Faribault
  • High School District: Faribault

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Mound Septic, Septic System Compliant - Yes
  • Water: Shared System, Well

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Drain Tiles, Egress Window(s), Finished, Walk-Out
  • Foundation Size: 1142
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 2,454
  • Above Ground: 1,142 Sq. Ft.
  • Below Ground: 1,312 Sq. Ft.
  • Finished Down/Base.: 2,454 Sq. Ft.
  • Year Built: 1988

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.67
  • Lot Dimensions: 126 x 232
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Deeded Access, Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $3,120
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 5 BLOCK 2 OF DELS VIEW 2ND ADD
  • Property ID: 1033101013

Listed by Keller Williams Select Realty

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Listing agents

— 4038 Wells Lake Way —

  • Keller Williams Select Realty

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NMLS#: 1598647

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Schools serving 4038 Wells Lake Way

School District:Faribault Public School District
NameGradesDistance
Lincoln Elementary School, Faribault, MN
510 Lincoln Avenue Northwest, Faribault, MN 55021
K-52.8 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-83.7 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4038 Wells Lake Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$499,900
21.93%
MLS
3/07/2023
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4038 Wells Lake Way

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,240
—
$439,900
2%
2026
$3,240
6%
$432,400
5%
2024
$3,062
27%
$413,500
—
2023
$2,414
—
$413,500
31%
2021
$2,414
-17%
$316,100
-16%
2023
$2,918
29%
$375,300
34%
2020
$2,260
27%
$280,600
27%
2019
$1,778
4%
$220,100
8%
2018
$1,702
-9%
$203,100
5%
2017
$1,876
-1%
$193,100
2%
2016
$1,904
13%
$188,900
—
2015
$1,692
-15%
$188,800
-3%
2014
$1,992
-4%
$194,700
-13%
2013
$2,070
—
$222,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Select Realty

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4038 Wells Lake Way, Faribault, MN 55021 (MLS# 7116060) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 4038 Wells Lake Way is currently listed for $499,900 and was received on July 25, 2026. Want to learn more about 4038 Wells Lake Way? Do you have questions about finding other Single Family real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.

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