$499,500
OPEN FRI 11AM - 1PM

3900 Wells Lake Way Faribault, MN 55021

Estimated payment $3,038/month

Total Views 6,896
5 Beds
3 Baths
2,256 Sq Ft
$221 Price per Sq Ft

Highlights

  • 98 Feet of Waterfront
  • 2 Car Attached Garage
  • Storage Room
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

Imagine living on the water, where a soft, pastel sky painted in dreamy swirls of pink, blue, and purple, like a serene watercolor masterpiece, gleams right outside your door! Here’s your chance to embrace the ultimate lake life – fish from your dock, sail away on peaceful boat rides, watch the many eagles soar across your backyard treeline, and soak in all the beauty Wells Lake has to offer, including access to both Cannon Lake and the Cannon River. With 98 feet of lakeshore, a private dock, and a boatlift, this charming 1/2-acre lot is a nature lover’s dream. Step inside to an open, airy main level where vaulted ceilings and exposed beams set the stage for relaxed living. From the kitchen to the living room, you’ll be greeted by panoramic lake views that will make every moment feel special. The spacious primary suite offers a cozy escape, complete with two walk-in closets, a bath, and access to a future deck – your personal retreat. Plus, two additional bedrooms and a laundry room are just steps away. Downstairs, the family room opens to a peaceful patio – perfect for entertaining or just enjoying the outdoors. With two more bedrooms, a full bath, and a second laundry hookup, the lower level is perfect for guests or family. You’ll also love the over 500 sq. ft. of storage space for all your lake gear! Recent updates include a new roof in 2023, A/C in 2015, and new vinyl siding in 2010. With a 700 sq. ft. garage and plenty of parking, there’s room for everything you need. And with Faribault and I-35 just minutes away, you get the best of lakeside serenity and easy access to town. Lake life is calling – come answer!

Listing Agent

Lacie Nelson

eXp Realty

eXp Realty

Co-Listing Agent

Morgan Almendinger

eXp Realty

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1984

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 98x220x112x208
  • 98 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Storage Room
  • Utility Room
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Dels View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1034226024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1456
  • Water Body Name: Wells
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4097
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 2256
  • Fireplace: No
  • Below Grade Finished Sq Ft: 800
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Primary Bathroom, Bedroom 2, Bedroom 3, Bathroom, Family Room, Bedroom 4, Bedroom 5, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: South
  • Lake Acres: 677
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 98

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 98x220x112x208
  • Lot Size Sq Ft: 22433.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1034226024
  • Tax Annual Amount: 3062
  • TaxWithAssessments: 3062.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,110 $413,700 $108,700 $305,000
2023 $2,794 $413,700 $108,700 $305,000
2022 $2,620 $364,300 $98,100 $266,200
2021 $2,496 $317,500 $90,200 $227,300
2020 $2,308 $305,600 $90,200 $215,400
2019 $2,112 $297,400 $90,200 $207,200
2018 $2,046 $270,100 $90,200 $179,900
2017 $2,082 $260,400 $90,200 $170,200
2016 $2,094 $248,400 $90,200 $158,200
2015 $2,012 $242,300 $90,200 $152,100
2014 -- $242,300 $90,200 $152,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $499,500 -- $221 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6698372

NorthstarMLS

APN: 10.34.2.26.024