$3,600,000
Wayzata, MN 55391
MLS# 7018367
Status: Closed
3 beds | 3 baths | 4387 sqft

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Property Description
Welcome to the exclusive Fagerness Point in Orono on Lake Minnetonka! Embrace a home that offers stunning lakeside views in a calm, park-inspired neighborhood. This cottage-style home is nestled on a serene peninsula with a west-facing shore on West Arm Bay, offering spectacular sunsets and expansive views, within walking distance to parks, bike trails, and Lord Fletchers. The property features 124 feet of firm sand shore and a gentle approach to the lake. Built in 2023, this home boasts an open-concept main floor, perfect for entertaining. Every room offers stunning views, including the patios and the screened porch which features a second gas fireplace. The main floor is designed to maximize natural light, with an abundance of windows and a harmonious balance of enameled and stained woodwork, as well as solid oak floors. The kitchen is equipped with Thermador Professional appliances, custom cabinetry, quartz countertops with an expansive center island, and a hidden walk-in pantry. The owner's suite includes a full bath with soaking tub and separate shower, along with a walk-in closet which connects to the large laundry room. An office with relaxing lake views, a mudroom with plenty of storage, and a half bath round out the main floor. The walk-out lower level features a theater/rec room with Sonance architectural speakers, a wet bar, and a spacious workout room that could be converted into a bunk room or future guest suite. It also includes 2 additional bedrooms and a 3/4 bathroom and has been roughed in with in-floor radiant heat throughout the lower level. The outdoor enthusiast will love the meticulously maintained yard and oversized heated 4-car garage. This home is a true gem on Lake Minnetonka! Don’t miss the 3D tour + floor plan.
Details
Maps
Documents
Contract Information
Exclusions: Boat slip
Owner is an Agent?: Yes
Auction?: No
Status: Closed
Off Market Date: 2026-02-27
Contingency: None
Current Price: $3,600,000
Closed Date: 2026-04-07
Original List Price: 3600000
Sales Close Price: 3600000
ListPrice: 3600000
List Date: 2026-02-09
Office/Member Info
Association: MAAR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 124
Waterfront YN: Yes
Year Built: 2023
Yearly/Seasonal: Yearly
Zoning: Shoreline, Residential-Single Family
Lot Dimensions: 123 x 199 x 124 x 218
Acres: 0.62
Bath Three Quarters: 1
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 2093
Above Grd Total SqFt: 2294
Below Grd Total SqFt: 2093
Total SqFt: 4387
Total Finished Sqft: 3794.00
FireplaceYN: Yes
Foundation Size: 2093
Style: (SF) Single Family
Garage Stalls: 4
Association Fee: 0
Assessment Pending: No
Bedrooms: 3
Baths Total: 3
Bath Full: 1
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 002 BLOCK 001 FAGERNESS WOODS
Listing City: Orono
Map Page: 103
Municipality: Orono
School District: Westonka
School District Phone: 952-491-8001
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 9319
Property ID Number: 1711723220038
Tax Year: 2025
Tax Amount: 22974.9
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to the exclusive Fagerness Point in Orono on Lake Minnetonka! Embrace a home that offers stunning lakeside views in a calm, park-inspired neighborhood. This cottage-style home is nestled on a serene peninsula with a west-facing shore on West Arm Bay, offering spectacular sunsets and expansive views, within walking distance to parks, bike trails, and Lord Fletchers. The property features 124 feet of firm sand shore and a gentle approach to the lake. Built in 2023, this home boasts an open-concept main floor, perfect for entertaining. Every room offers stunning views, including the patios and the screened porch which features a second gas fireplace. The main floor is designed to maximize natural light, with an abundance of windows and a harmonious balance of enameled and stained woodwork, as well as solid oak floors. The kitchen is equipped with Thermador Professional appliances, custom cabinetry, quartz countertops with an expansive center island, and a hidden walk-in pantry. The owner's suite includes a full bath with soaking tub and separate shower, along with a walk-in closet which connects to the large laundry room. An office with relaxing lake views, a mudroom with plenty of storage, and a half bath round out the main floor. The walk-out lower level features a theater/rec room with Sonance architectural speakers, a wet bar, and a spacious workout room that could be converted into a bunk room or future guest suite. It also includes 2 additional bedrooms and a 3/4 bathroom and has been roughed in with in-floor radiant heat throughout the lower level. The outdoor enthusiast will love the meticulously maintained yard and oversized heated 4-car garage. This home is a true gem on Lake Minnetonka! Don’t miss the 3D tour + floor plan.
Directions: Shadywood Rd to Fagerness Point Rd. West on Fagerness Point Rd to Corral Rd. Right on Corral to Concordia St. Left on Concordia to home on right.
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Ceiling Fan(s): 1
Dock: 1
Exercise Room: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Kitchen Center Island: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Paneled Doors: 1
Patio: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Tile Floors: 1
Walk-In Closet: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Appliances
Air-To-Air Exchanger: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Electronic Air Filter: 1
Energy Star Appliances: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 22974.9
Basement
Drain Tiled: 1
Drainage System: 1
Full: 1
Sump Pump: 1
Bath Description
Double Sink: 1
Main Floor 1/2 Bath: 1
Full Primary: 1
Private Primary: 1
3/4 Basement: 1
Separate Tub & Shower: 1
Walk-In Shower Stall: 1
Building Information
Finished SqFt Above Ground: 2093
Finished SqFt Below Ground: 1701
Construction Status
Previously Owned: 1
Dining Room Description
Breakfast Area: 1
Breakfast Bar: 1
Informal Dining Room: 1
Kitchen/Dining Room: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 4-10
Elevation Highpoint to Waterfront Slope
Gradual: 1
Exterior
Engineered Wood: 1
Family Room Characteristics
Entertainment/Media Center: 1
Family Room: 1
Lower Level: 1
Fencing
None: 1
Financing Terms
Conventional: 1
Fireplace Characteristics
Gas Burning: 1
Living Room: 1
Foundation
Poured Concrete: 1
Fuel
Natural Gas: 1
Green Energy Efficient
Appliances: 1
Construction: 1
Doors: 1
HVAC: 1
Insulation: 1
Lighting: 1
Thermostat: 1
Water Heater: 1
Windows: 1
Green Indoor Air Quality
Passive Radon Mitigation System: 1
Green Verification
Green Verification Type: ENERGY STAR Certified Homes
Verification Source: Builder
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Cable: 1
Lake Details
Lake Acres: 14205
Lake Depth: 113
Sand: 1
Laundry
Electric Dryer Hookup: 1
Laundry Room: 1
Main Level: 1
Sink: 1
Washer Hookup: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: MAAR
Supra: 1
Lot Description
Accessible Shoreline: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 44 x 29
Garage Door Height: 8
Garage Door Width: 16
Garage Square Feet: 1146
Garage Door Opener: 1
Heated Garage: 1
Patio, Porch and Deck Features
Front Porch: 1
Patio: 1
Screened: 1
Pool Description
None: 1
Property Subtype
Ranch-Style Home: 1
Public Survey Info
Range#: 23
Section#: 17
Township#: 117
Road Frontage
City Street: 1
Paved Streets: 1
Storm Sewer: 1
Street Lights: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age 8 Years or Less: 1
Asphalt Shingles: 1
Pitched: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
Main Floor Bedroom: 1
Main Floor Laundry: 1
Main Floor Primary: 1
Primary Bdr Suite: 1
Stories
One: 1
Water
City Water/Connected: 1
Waterfront View
Lake: 1
West: 1
Location Tax and Other Information
House Number: 1855
Street Name: Concordia
Street Suffix: Street
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Fagerness Woods
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar
Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Dryer; Electronic Air Filter; Energy Star Appliances; Microwave; Refrigerator; Washer; Wine Cooler
Basement: Drain Tiled; Drainage System; Full; Sump Pump
Bath Description: Double Sink; Main Floor 1/2 Bath; Full Primary; Private Primary; 3/4 Basement; Separate Tub & Shower; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Breakfast Bar; Informal Dining Room; Kitchen/Dining Room
Electric: 200+ Amp Service; Circuit Breakers
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Engineered Wood
Family Room Characteristics: Entertainment/Media Center; Family Room; Lower Level
Fencing: None
Financing Terms: Conventional
Fireplace Characteristics: Gas Burning; Living Room
Foundation: Poured Concrete
Fuel: Natural Gas
Green Energy Efficient: Appliances; Construction; Doors; HVAC; Insulation; Lighting; Thermostat; Water Heater; Windows
Green Indoor Air Quality: Passive Radon Mitigation System
Heating: Forced Air
Internet Options: Cable
Lake Details: Sand
Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup
Lock Box Type: Supra
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Parking Characteristics: Garage Door Opener; Heated Garage
Pool Description: None
Property Subtype: Ranch-Style Home
Road Frontage: City Street; Paved Streets; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Asphalt Shingles; Pitched
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite
Stories: One
Water: City Water/Connected
Waterfront View: Lake; West
Room Information
| Room Name | Dimensions | Level |
| Dining Room | 19 x 12 | Main |
| Exercise Room | 30 x 13 | Lower |
| Family Room | 31 x 17 | Lower |
| First (1st) Bedroom | 14 x 14 | Main |
| Foyer | 7 x 10 | Main |
| Kitchen | 21 x 14 | Main |
| Laundry | 12 x 12 | Main |
| Living Room | 19 x 18 | Main |
| Primary Bath | 15 x 10 | Main |
| Mud Room | 11 x 6 | Main |
| Office | 9 x 10 | Main |
| Patio | 25 x 15 | Main |
| Patio | 8 x 11 | Lower |
| Pantry (Walk-In) | 8 x 5 | Main |
| Screened Porch | 14 x 14 | Main |
| Second (2nd) Bedroom | 14 x 12 | Lower |
| Third (3rd) Bedroom | 13 x 12 | Lower |
Listing Office: RE/MAX Results
Last Updated: April - 08 - 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.

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