3305 Fairchild Avenue, Wayzata, MN

$2,295,000 - Libbs Lake

5

Beds

5

Baths

4,096

Square feet

3.33

Acres

About 3305 Fairchild Avenue

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.

Features of 3305 Fairchild Avenue

MLS® # 7114685
Price $2,295,000
Bedrooms 5
Bathrooms 5.00
Full Baths 2
Half Baths 1
Square Footage 4,096
Finished SQFT 3,914
Acres 3.33
Year Built 1966
Type Single Family
Sub-Type Residential
Status Pending
Contingency Type None
Lake Name Libbs Lake

Community Information

Address 3305 Fairchild Avenue
Subdivision Tonkaha Shores
City Wayzata
County Hennepin
State MN
Zip Code 55391

Amenities

Parking Attached Garage, Asphalt, Garage Door Opener
# of Garages 3
View Lake, Panoramic, West
Is Waterfront Yes
Waterfront Dock, Lake Front
Has Pool No

Interior

Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Heating Forced Air
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Has Basement Yes
Basement Block, Egress Window(s), Finished, Full, Storage Space

Exterior

Exterior Features Wood
Lot Description Accessible Shoreline, Irregular Lot, Tree Coverage - Medium, Wetlands
Roof Age 8 Years or Less, Asphalt

School Information

District Minnetonka

Additional Information

Zoning Residential-Single Family
Foreclosure No
Short Sale No
Taxes $28,524
Tax Year 2026
Office Compass

Listing Details

OfficeCompass

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