Sold / Closed
$671,000

Sold price · Closed May 28, 2026

$231/sqft

Rivermont Estates

3011 Wells Lake Drive, Faribault, MN, 55021
3  Bedrooms4  Bathrooms2,992  Square Feet0.526  Acres
Days on market3
Year built2001
Garage spaces3
TypeResidential
Est. $17,697buyer credit when you buy with SODL

About this home

Beautifully updated home on just over 1/2 acre of waterfront living! Abundant wildlife on land and water to keep you interested while sitting on the large deck or hanging out in front of a fire down by the water. The exterior of the home is maintenance free with a new architectural roof in 2024! You'll be surrounded by gorgeous shrubs and flowers with something always blooming. Sprinkler system pumps off the lake for the lawn and flowers.. (new pump 9/2025) Inside the home is all freshly painted light and bright with new flooring and lighting in most areas. As you walk in you will be greeted by a large entry and cozy living room. Entering the kitchen you will enjoy it's updates with tons of cabinets, appliances, center island, backsplash, quartz countertops, sink, faucet,reverse osmosis, and new lighting. The dining area easily fits a table for 6 with a patio door to the deck and beautiful views of the water. Next, the main floor family room has a updated gas Fireplace with shiplap surround and mantel along with new carpet and paint plus a beautiful view of the water from here too! Full bath off family room has a new vanity, paint, and flooring. This main level also has an office with atrium doors and a closet {should you need a guest room instead}. Finally on this level is a laundry room/mud room also updated.. Upstairs you will find fresh paint and carpet throughout. The primary bedroom also views the water and the bath has a new shower, vanity and flooring. The second bath has a jet tub and new vanity top. Downstairs in the lower level is a freshly painted and carpeted family/game room with daylight windows. Down a few more steps is a complete flex area including a kitchenette with sink and cabinets, carpeted area and a 3/4 bath. Daylight window in the area too. The best part is the convenient garage access to/from this area! This area has potential for so many things like hobby area, workshop, workout space or even future multi-generational living. The 3 car garage is pleasantly oversized (approx 950 sq ft) with that stairway to the 4th level and storage shed in the back that sits on a 20x28 concrete slab. Lots of room for toys! This truly is a wonderful private oasis!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2001
LevelsModified Two Story
Living area2,992 sqft
Above-grade finished2,013 sqft
Below-grade finished979 sqft
Lot size0.526 acres (110x224x102x208)
Days on market3
ListedFeb 9, 2026
MLS #NST7017836
CountyRice
SubdivisionRivermont Estates
Parcel #1034176002

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Bath breakdown
2 full / 2 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Property

Levels / stories
Modified Two Story
Garage
3 spaces · 961 sqft
Parking features
Attached Garage, Concrete, Garage Door Opener
Patio & porch
Composite Decking, Deck
Exterior features
Stone, Vinyl
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block · 1,352 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
2001

Utilities

Water
Shared System, Well
Sewer
Septic System Compliant - Yes
Fuel
Natural Gas
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision
Rivermont Estates
HOA
No HOA
School district
656 - Faribault
High school district
Faribault

Financial & listing details

Annual tax
$3,878 (2026)
Listed
Feb 9, 2026
Days on market
3
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths2
Half baths0
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Drain Tiled, Finished, Single Tenant Access, Sump Basket, Sump Pump
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
LaundryElectric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level
AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
DiningEat In Kitchen, Kitchen/Dining Room
AmenitiesCeiling Fan(s), Deck, Dock, Exercise Room, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Panoramic View, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry

Exterior & lot

ExteriorStone, Vinyl
RoofAge 8 Years or Less, Asphalt
FoundationBlock
Foundation area1,352 sqft
Patio/porchComposite Decking, Deck
Lot featuresAccessible Shoreline, Irregular Lot, Tree Coverage - Medium
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceShared System, Well
SewerSeptic System Compliant - Yes
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener
Garage spaces3
Garage size961 sqft

Financial details

Annual taxes$3,878
Tax year2026
Taxes w/ assessments3878
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District656 - Faribault
District number656
District phone5073336016
High schoolFaribault
SODL flat fee brokerage
$17,697Estimated buyer credit
SODL platform fee $3,000Your buyer credit $17,697

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,179/mo
Principal & interest$3,626
Property taxes$323
Home insurance (est.)$230
%
$137,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

3011 Wells Lake Drive, Faribault, MN, 55021

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Listing information

MLS #NST7017836
StatusClosed
Last updatedMay 29, 2026, 7:01 PM
Originally listedFeb 15, 2026, 12:00 AM
Listing officeRE/MAX Advantage Plus

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.