3305 Fairchild Avenue, Wayzata, MN 55391

$2,395,000

Introducing 3305 Fairchild Avenue in beautiful Wayzata, Minnesota. Set on 3.33 private acres with 145 feet of shoreline on Libbs Lake and offering navigable access to Lake Minnetonka.

Virtual Tour

https://tours.spacecrafting.com/n-8s6jxw

Across the street, enjoy the lakeside lot with 145 feet of Libbs Lake shoreline and a 2024 built accessory dwelling unit (ADU).

Located within the award-winning Minnetonka School District, this remarkable property presents a rare opportunity to experience the very best of luxury lake living.

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.

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.

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,096 Lot Size (sq. ft.): 145,055 Status: Closed

Current Price: $2,395,000 List Date: 8/07/2026 Last Modified: 9/10/2026

Overview

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 ... (Read more) 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.

Listing Details MLS# 7114685

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 145
Waterfront YN: Yes
Year Built: 1966
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1814
Above Grd Total SqFt: 3276
Below Grd Total SqFt: 820
Total SqFt: 4096
Total Finished Sqft: 3914.00
FireplaceYN: Yes
Lake/Waterfront Name: Libbs
Style: (SF) Single Family
Foundation Size: 1255
Garage Stalls: 3
Lot Dimensions: Irregular
Acres: 3.33
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Deck; Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System Basement: Concrete Block; Egress Windows; Full; Storage Space Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room Elevation Highpoint to Waterfront Slope: Gradual Exterior: Wood Family Room Characteristics: 2 or More; Family Room; Lower Level; Main Level Financing Terms: Conventional Fireplace Characteristics: Gas Burning; Living Room Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Upper Level Lock Box Type: Supra Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium; Wetlands Outbuildings: Guest House; Studio Parking Characteristics: Garage Door Opener Property Subtype: Acreage Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level; Primary Bdr Suite; Renovated Stories: Two Water: City Water/Connected Waterfront Type: Lake Front; Dock Waterfront View: Lake; Panoramic; West

Contract Information

Off Market Date: 2026-08-13
Contingency: None
Closed Date: 2026-09-10
Original List Price: 2295000
Sales Close Price: 2395000
ListPrice: 2295000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3305
Street Name: Fairchild
Street Suffix: Avenue
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Tonkaha Shores

Assessments

Tax With Assessments: 28524

Building Information

Finished SqFt Above Ground: 3276
Finished SqFt Below Ground: 638

More Information

Lake Details

Lake Acres: 22
Lake Depth: 8

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 38x21
Garage Square Feet: 798

Public Survey Info

Range#: 22
Section#: 17
Township#: 117

Room Information

Room Name	Dimensions	Level
Deck	30x16
Deck	20x12
Dining Room	12.5x10	Main
Family Room	24x11.5	Lower
Fifth (5th) Bedroom	9.5x8.5
First (1st) Bedroom	23.5x13	Upper
Fourth (4th) Bedroom	12x10	Upper
Foyer	14x12	Main
Game Room	16x11.5	Lower
Kitchen	13x12	Main
Kitchen	16x9
Living Room	25x13	Main
Living Room	12x10
Primary Bath	12x11	Upper
Mud Room	8x6	Main
Office	12x8.5	Main
Office	12x10.5	Upper
Patio	12x9
Second (2nd) Bedroom	12.5x12	Upper
Third (3rd) Bedroom	12x11	Upper

Listing Office: Compass

Last Updated: September - 10 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

3305 Fairchild Avenue, Wayzata, MN 55391 (MLS# 7114685)