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Faye Jacobson, Broker
Broker
REALTOR®, ABR, CRS,GRI
(612) 747-7209
New

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Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 952-473-3000

Shown By

Agent Name: Faye Jacobson, Broker
Agent Phone: (612) 747-7209
Agency Title: Counselor Realty

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Property Description

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.

3141 Fairchild Avenue | MLS# 7038449

This single family home located at 3141 Fairchild Avenue, Wayzata, MN 55391 is currently listed for sale with an asking price of $2,749,000. This property was built in 1975 and has 6 bedrooms and 4 full and 1 partial baths with 5090 sq. ft. Fairchild Avenue is located within the Minnetonka school district. Search Wayzata real estate on fjacobson.counselorrealty.com today.

Upcoming Open Houses

Open House Sunday March 22nd, 1:00pm - 3:00pm
Open House Tuesday March 24th, 12:00pm - 2:00pm

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage/Locker, Storage Space, Walkout
Cooling: Central Air
Fireplaces: 2
Fuel Type: Natural Gas
Garage: 4 car attached
Heating: Forced Air
Lot Size: 2.06 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Stories: 2.0
Taxes: $28,298
Year Built: 1975

Feature Descriptions

Additional Living Info.: 2nd Floor Laundry,4 BR on One Level, Divided Bdr Flr Plan, Primary Bdr Suite, Renovated
Additional Structures: Garage(s), Chicken Coop/Barn, Storage Shed
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
Bath: Basement, Double Sink, Bathroom Ensuite, Full Primary, Full Basement, His and Her Closets , Full Jack & Jill, Private Primary, Main Floor 1/2 Bath, Sauna, Separate Tub & Shower, Upper Level Full Bath, Walk-In Shower Stall
Bathrooms 3/4: 1
Bathrooms Full: 3
Bathrooms Half: 1
Days on Site: 2
Dining: Breakfast Area, Eat In Kitchen, Kitchen/Dining Room, Separate/Formal Dining Room
Exterior: Block, Concrete
Fencing: Invisible
Fireplace: Amusement Room, Family Room, Full Masonry, Gas, Insert
Foundation Size: 1214
Lot: Irregular Lot, Tree Coverage - Medium
Lot Dimensions: 123x847x92x834
Parcel#: 1711722140013
Parking: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage
Sewer: City Sewer/Connected
Special View Info: Lake View
Water: City Water/Connected
Water Features: Deeded Access, Dock, Lake View, Shared

Room Sizes

Amusement Room: 31'3 x 11'2
Dining Room: 27'3 x11.5
Exercise Room: 19'5x16'2
Family Room: 18'9x13'2
Bedroom 5: 15'4x15'7
Bedroom: 15x13.4
Bedroom 4: 11'11x11'4
Kitchen: 15'9 x 17
Laundry: 6'11x6'9
Living Room: 19'6 x 16'4
Office: 17'10x13'10
Screened Porch: 20'11x16'2
Bedroom 2: 13'11x10
Bedroom 3: 10.5x14.9

Local Schools

School District: Minnetonka

Estimate Your Payment

Estimated Payment

$ 17,791.29 per month $14,631.33 Principal & Interest $2,358.17 Property Tax $801.79 Homeowner's Insurance

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Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/21/2026. The listing information on this page last changed on 03/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/21/2026 12:00:19 AM EST) or RMLS-MN MLS (last updated Fri 03/20/2026 11:53:21 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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