$3,289,000
1981 Fagerness Point Road
Wayzata, MN 55391
MLS# 6623996
Status: Closed
5 beds  |  5 baths  |  4838 sqft


Photo 1
  1 / 45  
Photo 1 Photo 2 photo-0026.jpg photo-0019.jpg photo-0018.jpg photo-0022.jpg photo-0025.jpg photo-0028.jpg photo-0038.jpg photo-0027.jpg photo-0039.jpg photo-0012.jpg photo-0010.jpg photo-0007.jpg photo-0017.jpg photo-0013.jpg photo-0011.jpg photo-0032.jpg photo-0034.jpg photo-0035.jpg photo-0041.jpg photo-0042.jpg photo-0044.jpg photo-0046.jpg photo-0047.jpg photo-0049.jpg photo-0050.jpg photo-0051.jpg photo-0054.jpg photo-0055.jpg photo-0056.jpg photo-0057.jpg photo-0058.jpg photo-0060.jpg photo-0062.jpg photo-0063.jpg photo-0064.jpg photo-0065.jpg photo-0068.jpg photo-0069.jpg photo-0071.jpg photo-0001.jpg photo-0002.jpg photo-0072.jpg photo-0073.jpg

Property Description
Discover this stunning, completely remodeled 4,800+ square foot home in the highly sought-after Fagerness Point neighborhood of Orono, overlooking beautiful Lake Minnetonka. Boasting a main floor primary bedroom and four additional bedrooms on one level, this residence offers ample space with five luxurious baths. Enjoy the elegance of hardwood and tile floors throughout and relax in the spacious family rooms on both the lower and upper levels. With accessible shoreline on both sides of the home you can enjoy West facing sunsets as well as Easterly sunrises. This lakefront gem with 268’ of shoreline features breathtaking West Arm Bay views that make it perfect for lakeside living. Don't miss this rare opportunity!

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-04-14
Contingency: None
Current Price: $3,289,000
Closed Date: 2025-05-09
Original List Price: 3995000
Sales Close Price: 3289000
ListPrice: 3499000
List Date: 2024-11-04
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: 1
Year Built: 2009
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: SE100x195x101x176
Acres: 0.63
Bath Three Quarters: 2
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 2237
Above Grd Total SqFt: 3762
Below Grd Total SqFt: 1076
Total Finished Sqft: 4832.00
FireplaceYN: Yes
Foundation Size: 2088
Style: (SF) Single Family
Garage Stalls: 3
Association Fee: 0
Assessment Pending: No
Bedrooms: 5
Baths Total: 5
Bath Full: 2
Total SqFt: 4838
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 004 FAGERNESS
Listing City: Wayzata
Map Page: 117
Municipality: Orono
School District: Westonka
School District Phone: 952-491-8001
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 9240
Property ID Number: 1811723140005
Tax Year: 2024
Tax Amount: 26580
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Discover this stunning, completely remodeled 4,800+ square foot home in the highly sought-after Fagerness Point neighborhood of Orono, overlooking beautiful Lake Minnetonka. Boasting a main floor primary bedroom and four additional bedrooms on one level, this residence offers ample space with five luxurious baths. Enjoy the elegance of hardwood and tile floors throughout and relax in the spacious family rooms on both the lower and upper levels. With accessible shoreline on both sides of the home you can enjoy West facing sunsets as well as Easterly sunrises. This lakefront gem with 268’ of shoreline features breathtaking West Arm Bay views that make it perfect for lakeside living. Don't miss this rare opportunity!
Directions: Shoreline Drive (County Rd 15) to Shadywood Rd (County Rd 19) to Fagerness Point Rd.
Accessible
None: 1
Air Conditioning
Central Air: 1
Geothermal: 1
Amenities Unit
Balcony: 1
Boat Slip: 1
Main Floor Primary Bedroom: 1
Tile Floors: 1
Appliances
Air-To-Air Exchanger: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 26580
Basement
Drain Tiled: 1
Egress Windows: 1
Storage Space: 1
Sump Pump: 1
Tile Shower: 1
Bath Description
Double Sink: 1
Full Jack & Jill: 1
Main Floor 1/2 Bath: 1
Main Floor Full Bath: 1
Upper Level 3/4 Bath: 1
Upper Level Full Bath: 1
Full Primary: 1
Private Primary: 1
3/4 Basement: 1
Bathroom Ensuite: 1
Building Information
Finished SqFt Above Ground: 3762
Finished SqFt Below Ground: 1070
Construction Status
Previously Owned: 1
Elevation Highpoint to Waterfront Slope
Level: 1
Exterior
Brick/Stone: 1
Other: 1
Family Room Characteristics
Family Room: 1
Loft: 1
Financing Terms
Conventional: 1
Fuel
Electric: 1
Natural Gas: 1
Heating
Forced Air: 1
Geothermal: 1
In-Floor Heating: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Tree Coverage - Medium: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 8
Garage Square Feet: 759
Tuckunder Garage: 1
Patio, Porch and Deck Features
Deck: 1
Patio: 1
Terrace: 1
Public Survey Info
Range#: 23
Section#: 18
Township#: 117
Road Frontage
City Street: 1
Paved Streets: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Sellers Terms
Cash: 1
Conventional: 1
Other: 1
Sewer
City Sewer/Connected: 1
Special Search
2nd Floor Laundry: 1
3 BR on One Level: 1
4 BR on One Level: 1
Main Floor Bedroom: 1
Main Floor Primary: 1
Stories
Two: 1
Water
City Water/Connected: 1
Waterfront View
Bay: 1
East: 1
West: 1
Location Tax and Other Information
House Number: 1981
Street Name: Fagerness Point
Street Suffix: Road
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Fagerness
Property Features
Accessible: None
Air Conditioning: Central Air; Geothermal
Amenities Unit: Balcony; Boat Slip; Main Floor Primary Bedroom; Tile Floors
Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Freezer; Refrigerator; Washer; Wine Cooler
Basement: Drain Tiled; Egress Windows; Storage Space; Sump Pump; Tile Shower
Bath Description: Double Sink; Full Jack & Jill; Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite
Construction Status: Previously Owned
Elevation Highpoint to Waterfront Slope: Level
Exterior: Brick/Stone; Other
Family Room Characteristics: Family Room; Loft
Financing Terms: Conventional
Fuel: Electric; Natural Gas
Heating: Forced Air; Geothermal; In-Floor Heating
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Parking Characteristics: Tuckunder Garage
Road Frontage: City Street; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional; Other
Sewer: City Sewer/Connected
Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level; Main Floor Bedroom; Main Floor Primary
Stories: Two
Water: City Water/Connected
Waterfront View: Bay; East; West
Room Information
Room Name Dimensions Level
Living Room21x19Main
Family Room30x30Lower
Play Room15x13Upper
Loft22x16Upper
Third (3rd) Bedroom14x12Upper
Fourth (4th) Bedroom12x14Upper
Office12x9Upper
First (1st) Bedroom15x14Main
Second (2nd) Bedroom12x13Upper
Dining Room12x09Main
Kitchen29x35Main

IDX
Listing Office: Compass

Last Updated: May - 12 - 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.