Date
Details
Price
Change
Source
8/07/2026
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/90
$2,295,000 Sale Pending
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Property 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.
Full Property Details
Full Property Details for 3305 Fairchild Ave
General
- Price: $2,295,000
- Taxes: $28,524 (2026)
- Status: Pending
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7114685
- Updated: 8/18/2026
- Added to Site: 18 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Living Room
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 2
- 3/4 Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Breakfast Area, Eat-In Kitchen, Informal Dining Room, Kitchen/Dining Room
- Formal Dining Room: Breakfast Area, Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room
- Laundry: Upper Level, Upper Level
Additional Information
- Amenities: Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Porch, Panoramic View, Boat Slip, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Composite Decking, Covered, Deck, Front Porch, Patio, R
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 38 x 21
- Garage Spaces: 3
- Parking Features: Attached Garage, Asphalt, Garage Door Opener
Location
- County: Hennepin
- Township: Minnetonka
- Subdivision: Tonkaha Shores
- Driving Directions: Minnetonka Boulevard to Fairchild Avenue
School Information
- School District: 276 - Minnetonka
- High School District: Minnetonka
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Egress Window(s), Finished, Full, Storage Space
- Foundation Size: 1255
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 3,914
- Above Ground: 3,276 Sq. Ft.
- Below Ground: 820 Sq. Ft.
- Finished Down/Base.: 4,096 Sq. Ft.
- Year Built: 1966
Additional Structures
- Other Structures: Guest House, Studio, Storage Shed
Lot Features
- Lot Size (Acres): 3.33
- Lot Dimensions: Irregular
- Frontage: City Street, Paved Streets
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline, Irregular Lot, Medium Tree Coverage, Wetlands
Water Features
- Water Front Desc.: Dock, Lakefront
- Water Front Feet: 145
- Lake Front: Yes
Financial Considerations
- Tax Amount: $28,524
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: UNPLATTED 17 117 22 THAT PART OF THE NORTH 150 FEET OF THE SOUTH 600 FEET OF THE NORTHEAST QUARTER OF SECTION 17, TOWNSHIP 117, RANGE 22, HENNEPIN COUNTY, MINNESOTA,
- Property ID: 1711722140033
Listed by Compass
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Schools
Schools serving 3305 Fairchild Ave
School District:Minnetonka Public School District
| Name | Grades | Distance |
|---|---|---|
Groveland Elementary School 17310 Minnetonka Boulevard, Minnetonka, MN 55345 | K-5 | 0.7 mi |
Minnetonka East Middle School 17000 Lake Street Extension, Minnetonka, MN 55345 | 6-8 | 1.1 mi |
Minnetonka Senior High School 18301 Minnesota 7, Minnetonka, MN 55345 | 9-12 | 2.7 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 3305 Fairchild Ave
Tax History
Tax History for 3305 Fairchild Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,524
24%
$1,847,400
19%
2025
$23,062
10%
$1,551,600
4%
2023
$20,994
100%
$1,496,200
100%
2023
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3305 Fairchild Ave
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3305 Fairchild Avenue, Wayzata, MN 55391 (MLS# 7114685) is a Single Family property with 5 bedrooms, 2 full bathrooms and 3 partial bathrooms. 3305 Fairchild Avenue is currently listed for $2,295,000 and was received on August 07, 2026. Want to learn more about 3305 Fairchild Avenue? Do you have questions about finding other Single Family real estate for sale in Wayzata? You can browse all Wayzata real estate or contact a Coldwell Banker agent to request more information.