3141 Fairchild Avenue Wayzata, MN 55391

$2,749,000
Active
estimated monthly payment
6 Beds  |  5 Baths  |  5,090 Sq Ft  |   |  MLS # 7038449
Open House(s)
Sun, Mar. 22 1:00pm to 3:00pm
Tue, Mar. 24 12:00pm to 2:00pm
Tue, Mar. 24 12:00pm to 2:00pm
  • Once Upon A Time.....There was a beautiful home in the perfect location with walking trails amazing towns nearby, award winning school district and access to vibrant lakes and all at an amazing price!
    Once Upon A Time.....There was a beautiful home in the perfect location with walking trails amazing towns nearby, award winning school district and access to vibrant lakes and all at an amazing price!
  • Great Location, Impeccable Condition, Price all in one
    Great Location, Impeccable Condition, Price all in one
  • Beautiful setting on 2.08A in Minnetonka Schools, Libbs Lakeshore access leads to Lake Minnetonka
    Beautiful setting on 2.08A in Minnetonka Schools, Libbs Lakeshore access leads to Lake Minnetonka
  • New decking system, pergola, screened in porch outdoor living spaces galore!
    New decking system, pergola, screened in porch outdoor living spaces galore!
  • New Permanent Dock Rules apply see agent
    New Permanent Dock Rules apply see agent
  • Backyard oasis large 2+ acre lot with wetland in the distance.
    Backyard oasis large 2+ acre lot with wetland in the distance.
  • Gorgeous sprawling backyard with endless views of private wetland.
    Gorgeous sprawling backyard with endless views of private wetland.
  • View of the sprawling backyard from the Firepit Area.jpg
    View of the sprawling backyard from the Firepit Area.jpg
  • Spacious great room off the kitchen ~ perfect for entertaining.jpg
    Spacious great room off the kitchen ~ perfect for entertaining.jpg
  • Open Concept Kitchen:Great Room with Surrounding Windows and Sliders.jpg
    Open Concept Kitchen:Great Room with Surrounding Windows and Sliders.jpg
  • Stunning Chef's Kitchen with High End appliances.jpg
    Stunning Chef's Kitchen with High End appliances.jpg
  • Custom designed kitchen with open concept great room and Dining Room.jpg
    Custom designed kitchen with open concept great room and Dining Room.jpg
  • Wood Beams and High End Modern Finishes.jpg
    Wood Beams and High End Modern Finishes.jpg
  • Grand Center Island and High End Appliances.jpg
    Grand Center Island and High End Appliances.jpg
  • Entire home designed for modern lifestyle..jpg
    Entire home designed for modern lifestyle..jpg
  • Amazing Chef's kitchen with pull up seating for seven..jpg
    Amazing Chef's kitchen with pull up seating for seven..jpg
  • Well designed open concept Kitchen and Dining Room.jpg
    Well designed open concept Kitchen and Dining Room.jpg
  • Meile coffee machine and open pantry
    Meile coffee machine and open pantry
  • Main Level Great Room off the Kitchen with Cozy Gas Fireplace.jpg
    Main Level Great Room off the Kitchen with Cozy Gas Fireplace.jpg
  • Custom designed kitchen + great room and convenient for family gatherings.jpg
    Custom designed kitchen + great room and convenient for family gatherings.jpg
  • Main Level Great Room with Gas Fireplace.jpg
    Main Level Great Room with Gas Fireplace.jpg
  • Generous dining area with picturesque views of the lush backyard..jpg
    Generous dining area with picturesque views of the lush backyard..jpg
  • Dedicated main-level office.
    Dedicated main-level office.
  • Spacious main level office with views of the lake.
    Spacious main level office with views of the lake.
  • Beautifully situated main-level office, offering an ideal work-from-home retreat.
    Beautifully situated main-level office, offering an ideal work-from-home retreat.
  • Well-designed mudroom with a convenient dog shower and custom built-in cubbies for coats and shoes.
    Well-designed mudroom with a convenient dog shower and custom built-in cubbies for coats and shoes.
  • Stylized front entry area with custom doors and views outside
    Stylized front entry area with custom doors and views outside
  • Front Entry provides immediate gorgeous views of the backyard
    Front Entry provides immediate gorgeous views of the backyard
  • Primary Ensuite with Spectacular Views of the Private Wetlands.jpg
    Primary Ensuite with Spectacular Views of the Private Wetlands.jpg
  • Primary Bedroom with Spectacular Views of the Private Wetlands.jpg
    Primary Bedroom with Spectacular Views of the Private Wetlands.jpg
  • Primary Ensuite with Serene Views of the Private Wetlands.jpg
    Primary Ensuite with Serene Views of the Private Wetlands.jpg
  • Spa-like bath featuring a French-style soaking tub and stunning glass-framed shower.
    Spa-like bath featuring a French-style soaking tub and stunning glass-framed shower.
  • Beautifully designed glass-framed shower.
    Beautifully designed glass-framed shower.
  • Beautifully designed glass-framed shower.
    Beautifully designed glass-framed shower.
  • Beautiful sunlit bathroom filled with natural light.
    Beautiful sunlit bathroom filled with natural light.
  • Relax in the soaking tub while enjoying peaceful views of the backyard and surrounding wetlands.
    Relax in the soaking tub while enjoying peaceful views of the backyard and surrounding wetlands.
  • Dual vanities offering ample storage and thoughtfully designed lighting.
    Dual vanities offering ample storage and thoughtfully designed lighting.
  • Dual vanities offering ample storage and thoughtfully designed lighting.
    Dual vanities offering ample storage and thoughtfully designed lighting.
  • Bedroom 2 on upper level
    Bedroom 2 on upper level
  • Bedroom 2 on upper level
    Bedroom 2 on upper level
  • Bedroom 3 on upper level
    Bedroom 3 on upper level
  • Bedroom 3 on upper level
    Bedroom 3 on upper level
  • Bedroom 4 on upper level
    Bedroom 4 on upper level
  • New Jack-and-Jill bath with designer faucets and hardware.
    New Jack-and-Jill bath with designer faucets and hardware.
  • Bedroom 5 on upper level
    Bedroom 5 on upper level
  • 3rd full bath on upper level
    3rd full bath on upper level
  • Convenient upper-level laundry room offering both style and convenience.
    Convenient upper-level laundry room offering both style and convenience.
  • Expansive lower level with a living area, gym, and theater room—ideal for relaxing, entertaining, and everyday family life.
    Expansive lower level with a living area, gym, and theater room—ideal for relaxing, entertaining, and everyday family life.
  • LL Amusement Room with adjacent home gym:walkout to backyard.jpg
    LL Amusement Room with adjacent home gym:walkout to backyard.jpg
  • Spacious Amusement Room + Media Room .jpg
    Spacious Amusement Room + Media Room .jpg
  • Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
    Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
  • LL Entertainment Room.jpg
    LL Entertainment Room.jpg
  • LL Media Room .jpg
    LL Media Room .jpg
  • Oversized Amusement Room plus Theatre Room .jpg
    Oversized Amusement Room plus Theatre Room .jpg
  • Media Room with Sliding Barn Doors leading to your Home Gym.jpg
    Media Room with Sliding Barn Doors leading to your Home Gym.jpg
  • Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
    Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
  • Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
    Generous lower-level fitness room with walkout access to the backyard and an adjoining sunroom.
  • LL Flex Room - Guest Room:Office:Studio.jpg
    LL Flex Room - Guest Room:Office:Studio.jpg
  • LL Bonus Room.jpg
    LL Bonus Room.jpg
  • Well designed lower level full bath.
    Well designed lower level full bath.
  • Dreamy lower-level sunroom with walkout access to the backyard, offering the perfect setting for relaxing or entertaining.
    Dreamy lower-level sunroom with walkout access to the backyard, offering the perfect setting for relaxing or entertaining.
  • Dreamy lower-level sunroom with walkout access to the backyard, offering the perfect setting for relaxing or entertaining.
    Dreamy lower-level sunroom with walkout access to the backyard, offering the perfect setting for relaxing or entertaining.
  • Backyard paver patio with Custom Pergola
    Backyard paver patio with Custom Pergola
  • Expansive Flat Back Yard w pergola
    Expansive Flat Back Yard w pergola
  • Proximity View Wetland-Libbs-Lake Minnetonka.jpg
    Proximity View Wetland-Libbs-Lake Minnetonka.jpg
  • Drone Front and Back Yard Expansive Views.jpg
    Drone Front and Back Yard Expansive Views.jpg
  • Summertime on Libbs Lake, a quaint little Bay that provides big fun for all.
    Summertime on Libbs Lake, a quaint little Bay that provides big fun for all.
  • A setting that feels miles away from the hustle and bustle of everyday life.
    A setting that feels miles away from the hustle and bustle of everyday life.
  • Sunrise from the back deck.
    Sunrise from the back deck.
  • Charming raised garden beds ideal for growing flowers, herbs, or fresh vegetables.
    Charming raised garden beds ideal for growing flowers, herbs, or fresh vegetables.
  • Minz from I-494-Major retail, schools
    Minz from I-494-Major retail, schools
  • 3141 Fairchild Avenue Floorplan
    3141 Fairchild Avenue Floorplan
  • 3141 Fairchild Avenue Floorplan
    3141 Fairchild Avenue Floorplan
  • 3141 Fairchild Avenue Floorplan
    3141 Fairchild Avenue Floorplan

About The Listing

Comprehensively rebuilt and expanded in 2020, this 5,000+ square foot home sits on 2.06 acres backing to protected natural wetlands in the Libbs Lake area. The property was reimagined from the studs up, with high-quality finishes, several thoughtful additions, and updated systems that live like new construction. The main level features a great room with floor-to-ceiling windows, an open chef’s kitchen with professional appliances, formal dining, and a dedicated, spacious main-level office. These spaces open to a large deck overlooking the private acreage and wetlands beyond. The primary suite includes a spa-inspired bath with a French soaking tub and frameless glass shower. The home includes six bedrooms, five bathrooms, a gym, media room, expansive screened lower-level porch, and substantial flex space suitable for offices, studio use, guest accommodations, or entertainment areas. The 2.06-acre site also includes a large, detached garage, raised garden beds and offers potential space for a pool, or studio structure (buyer to verify local approvals). Additional features include a heated 4-car attached garage and deeded dock access to Libbs Lake shoreline, which accesses Lake Minnetonka. Located minutes from downtown Wayzata, downtown Excelsior, regional trails, dining, and assigned to the Minnetonka School District.


Listing courtesy of Cynthia J Redmond, Coldwell Banker Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
Ask a Question
Your message has been sent.
Oops! that doesn't seem right.
SEND
Sign Up for a Free Monthly Market Report
Never miss out on the latest stats trends and homes in your community.
Get It Now

Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1975
MLS #: 7038449
Bedrooms: 6
Square Feet: 5,090
Bathrooms (Full): 3
Price Per Square Foot: $540
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 4
Parking Description: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage/Locker, Storage Space, Walkout
Construction Description: Block, Concrete
Roof Description: Age Over 8 Years, Asphalt, Pitched
Days On Market (Continuous): 36
Disability Features: None
Latest Update: 03/19/2026
List Date: 03/18/2026
Listing Agent ID: 502030432
Listing Office: Coldwell Banker Realty
Listing Office ID: 5141
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Indoor Grill, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Fireplace Features: Amusement Room, Family Room, Full Masonry, Gas, Insert
Laundry Features: In Hall, Laundry Room, Sink, Upper Level
Number of Fireplaces: 2
Fence: Invisible
Lot Dimensions: 123x847x92x834
Lot Size: 2.06 Acres
Lot Features: Irregular Lot, Tree Coverage - Medium
View Description: Bay, Lake, North, Panoramic, See Remarks, South, West
Waterfront: Deeded Access, Dock, Lake View, Shared
School District: Minnetonka
Tax Year: 2026
Estimated Taxes: $28,299
Contingency Type: None
City: Wayzata
Zip: 55391
County: Hennepin
State: MN

Similar Homes

Listing last updated: 03/19/26

® Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Information Deemed Reliable but not guaranteed.