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4038 Wells Lake Way, Faribault, MN 55021

New Listing

$499,900

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,454 Lot Size (sq. ft.): 29,185 Status: Coming Soon

Current Price: $499,900 List Date: 7/25/2026 Last Modified: 7/25/2026

Overview

Description

Enjoy beautiful lake views and deeded lake access from this inviting 4 bedroom/ 3 bath home featuring an expansive yard, spacious deck, and charming front porch. The main floor open floor plan is filled with natural light and a gas burning fireplace to cozy up to thru the seasons. The lower levels includes family room/office spaces and 4th bedroom. Relax year-round in the hot tub room! The lowest level features a 3rd stall garage with abundant storage. Boasting fresh paint throughout lower Levels, new LVP flooring lower level, new high capacity covered gutters with lifetime warranty! A wonderful blend of indoor comfort and outdoor living-perfect for entertaining or simply enjoying peaceful evenings under the stars!

Listing Details MLS# 7116060

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1988
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1142
Above Grd Total SqFt: 1142
Below Grd Total SqFt: 1312
Total SqFt: 2454
Total Finished Sqft: 2454.00
FireplaceYN: Yes
Lake/Waterfront Name: Wells
Style: (SF) Single Family
Foundation Size: 1142
Power Company: Steele-Waseca Co-op Electric
Garage Stalls: 3
Lot Dimensions: 126x232
Acres: 0.67
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Kitchen Window; Porch Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Basement: Egress Windows; In-Floor Heat Bath Description: Main Floor 3/4 Bath; Upper Level Full Bath; 1/2 Basement Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Vinyl Family Room Characteristics: 2 or More Fencing: None Fireplace Characteristics: Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level Lock Box Type: Supra Parking Characteristics: Multiple Garages; Carport; Heated Garage; Insulated Garage Pool Description: None Roof: Age 8 Years or Less; Asphalt Shingles Sewer: Mound Septic; Septic System Compliant - Yes Special Search: 3 BR on One Level Stories: Four or More Level Split Water: Shared System; Well Waterfront Type: Deeded Access; Lake View Waterfront View: Lake

Contract Information

Contingency: None
Original List Price: 499900
ListPrice: 499900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4038
Street Name: Wells Lake
Street Suffix: Way
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Complex/Dev/Subdivision: S View Second Add

Assessments

Tax With Assessments: 3120
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1142
Finished SqFt Below Ground: 1312

More Information

Lake Details

Lake Acres: 677
Lake Depth: 4

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 576
Multiple Garages: Yes
Carport: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 21
Section#: 33
Township#: 110

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 5 BLOCK 2 OF DELS VIEW 2ND ADD
Listing City: Faribault
Map Page: 999
Municipality: Wells Twp
School District: Faribault
School District Phone: 507-333-6016
DNR Lake ID#: 66001000
DNR Lake Classification: General Development
Zip Plus 4: 2268
Property ID Number: 1033101013
Tax Year: 2025
Tax Amount: 3120
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Enjoy beautiful lake views and deeded lake access from this inviting 4 bedroom/ 3 bath home featuring an expansive yard, spacious deck, and charming front porch. The main floor open floor plan is filled with natural light and a gas burning fireplace to cozy up to thru the seasons. The lower levels includes family room/office spaces and 4th bedroom. Relax year-round in the hot tub room! The lowest level features a 3rd stall garage with abundant storage. Boasting fresh paint throughout lower Levels, new LVP flooring lower level, new high capacity covered gutters with lifetime warranty! A wonderful blend of indoor comfort and outdoor living-perfect for entertaining or simply enjoying peaceful evenings under the stars!
Directions: Cedar LAke Blvd, Left on Wells Lake Way

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Kitchen Window: Yes
Porch: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Egress Windows: Yes
In-Floor Heat: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Upper Level Full Bath: Yes
1/2 Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes

Exterior

Vinyl: Yes

Family Room Characteristics

2 or More: Yes

Fencing

None: Yes

Fireplace Characteristics

Gas Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Lower Level: Yes

Lock Box Type

Supra: Yes

Patio, Porch and Deck Features

Deck: Yes
Porch: Yes

Pool Description

None: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sewer

Mound Septic: Yes
Septic System Compliant - Yes: Yes

Special Search

3 BR on One Level: Yes

Stories

Four or More Level Split: Yes

Water

Shared System: Yes
Well: Yes

Waterfront Type

Deeded Access: Yes
Lake View: Yes

Waterfront View

Lake: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	10x15	Main
Family Room	23x14	Lower
First (1st) Bedroom	14x12	Upper
Fourth (4th) Bedroom	11x9	Lower
Kitchen	13x13	Main
Living Room	15x12	Main
Recreation Room	23x16	Lower
Second (2nd) Bedroom	12x9	Upper
Third (3rd) Bedroom	13x13	Upper

Listing Office: Keller Williams Select Realty

Last Updated: July - 25 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.