22 days on rocket

3121 Fairchild Ave, Minnetonka, MN, 55391

$1,195,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,324 SqFt
$903/SqFt
House
Schools Nearby

Location

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3121 Fairchild Ave, Minnetonka$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage1 space
Year Built1980
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontDeeded Access, Dock, Lake Front
FireplaceDecorative
MLS #6488898
StatusActive

About 3121 Fairchild Ave

You will LOVE the private 36 foot, maintenance free, year round dock on the serene waters of Libbs Bay on Lake Minnetonka. Bring your imagination and dreams to this unique property featuring a tranquil, private 2.48 acre lot with panoramic views of the stunning wetlands of Minnehaha Creek. The current home has a cottage feel with rough hewn cedar walls, soaring vaulted ceiling and a lofted bedroom. The spacious walk out lower level features another full bath and unfinished space for unlimited possibilities. Whether you are looking for an in town cabin or a place to create your dream home, you must experience this property to appreciate all it truly offers. A survey was just completed, including wetland delineations and is available in supplements . Convenience, beauty and lake lifestyle rolled into one!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access, Dock, Lake Front

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Gravel

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Minnetonka High School, Public District Grades 9-12
  • Minnetonka Middle School East, Public District Grades 6-8
  • Groveland Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Minnetonka Blvd west of 494 east of 101 to Fairchild Avenue, North on Fairchild to home on left side. Hidden driveway so look for sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $903/SqFt
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Housing Market Comparison

See how this home compares to others in Minnetonka, MN.

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Minnetonka, MN

City

Med. Sold Price

$471.6K

Med. Price/SqFt

$214

Avg. Days On Market

31

# of Sold Homes

64

3121 Fairchild Ave vs Minnetonka

22 DAYS ON ROCKET

-9 Days

$1,195,000

+$723.3K More

$903/SqFt

+$689 More

KEY TAKEAWAY

This property is $723.3K more than the Median Sold Price and $689/SqFt more than other homes in Minnetonka, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6488898

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2526802
10
/10

  • Groveland Elementary

  • 17310 Minnetonka Blvd

  • 0.67 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2526803
9
/10

  • Minnetonka Middle School East

  • 17000 Lake Street Ext

  • 1.27 miles

  • Public District Grades 6-8

High School

school-card-donut-2526804
10
/10

  • Minnetonka High School

  • 18301 Highway 7

  • 2.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,647. Most Minnetonka, MN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3121 Fairchild Ave

What is the listing price of this property?

The listing price of 3121 Fairchild Ave property is $1,195,000.

What type of property is this?

The property 3121 Fairchild Ave is a house located in Minnetonka, Minnesota, 55391.

Is this property for sale now?

Active Listing: 3121 Fairchild Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3121 Fairchild Ave are:
Groveland Elementary: GreatSchools Rating 10/10
Minnetonka Middle School East: GreatSchools Rating 9/10
Minnetonka High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 3121 Fairchild Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3121 Fairchild Ave is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3121 Fairchild Ave is 1980.

Rocket Homes›Minnesota›Hennepin County›Minnetonka›55391›3121 Fairchild Ave

This home is located at 3121 Fairchild Ave in Minnetonka, MN and zip code 55391 in the Libbs Lake neighborhood. This 1,324 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,195,000.

While more than 27 listings in Minnetonka, MN in May 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Minnetonka, MN increased by 21.4% between April 2024 and May 2024. The median list price of listings available in May 2024 was $471,625, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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