The Collaborative International Dictionary of English v.0.48:

Faerie \Fa"["e]r*ie\, n.
   1. A fairy. [Archaic]
      [PJC]

   2. The land of the fairies, in fables; fairyland.
      [PJC]

WordNet (r) 3.0 (2006):

faerie
    n 1: a small being, human in form, playful and having magical
         powers [syn: fairy, faery, faerie, fay, sprite]
    2: the enchanted realm of fairies [syn: fairyland, faerie,
       faery]

Moby Thesaurus II by Grady Ward, 1.0:

70 Moby Thesaurus words for "faerie":
   Agapemone, Arcadia, Big Rock-Candy Mountain, Canaan,
   Cloudcuckooland, Cockaigne, Eden, Eldorado, Erewhon,
   Garden of Eden, Goshen, Happy Valley, Land of Youth, Laputa,
   Never-Never-land, Neverland, New Atlantis, Pandemonium, Quivira,
   Shangri-la, Utopia, cloudland, dreamland, dystopia, eeriness,
   elfdom, elfenfolk, fairyfolk, fairyland, heaven, kakotopia,
   kingdom come, land of dreams, land of enchantment, land of faerie,
   land of plenty, land of promise, lotus land, millennium,
   miraculousness, mysteriousness, mystery, numinousness,
   otherworldliness, paradise, preternaturalism, promised land, shee,
   sidhe, superhumanity, supernaturalism, supernaturality,
   supernaturalness, supernature, supernormalness, superphysicalness,
   supersensibleness, supranaturalism, supranature, the good folk,
   the little people, the occult, the supernatural, the supersensible,
   transcendentalism, unearthliness, unworldliness, utopia, witchery,
   wonderland