Source of water? Fancy that! (4)
I believe the answer is:
well
I believe this is a double definition.
'source of water?' is the first definition.
(water may come from a well)
'fancy that' is the second definition.
(both are exclamations of surprise)
(Other definitions for well that I've seen before include "Healthy - water supply" , "Very much; plentiful source or supply" , "Blooming" , "Spring serving as source of water" , "The - at the World's End (William Morris)" .)