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!
Pending
$3,499,000
1981 Fagerness Point Rd, Wayzata, MN 55391
5beds
4,838sqft
Est.:
Single Family Residence
Built in 2009
0.63 Acres Lot
$3,305,900 Zestimate®
$723/sqft
$-- HOA
What's special
- 4 days
- on Zillow |
- 88 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 07:19am
Listed by:
Andrew Spilseth 612-396-2951,
Compass,
T. Cody Turnquist 612-578-1093
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6623996

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Play Room, Walk In Closet, Loft, Family Room
Bedroom 1
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 12x14
Dining room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x09
Family room
- Level: Lower
- Area: 900 Square Feet
- Dimensions: 30x30
Kitchen
- Level: Main
- Area: 1015 Square Feet
- Dimensions: 29x35
Living room
- Level: Main
- Area: 399 Square Feet
- Dimensions: 21x19
Loft
- Level: Upper
- Area: 352 Square Feet
- Dimensions: 22x16
Office
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 12x9
Play room
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Walk in closet
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17x10
Heating
- Forced Air, Fireplace(s), Geothermal, Radiant Floor
Cooling
- Central Air, Geothermal
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Refrigerator, Washer, Wine Cooler
Features
- Basement: Drain Tiled,8 ft+ Pour,Egress Window(s),Finished,Concrete,Storage Space,Sump Pump,Tile Shower
- Number of fireplaces: 1
Interior area
- Total structure area: 4,838
- Total interior livable area: 4,838 sqft
- Finished area above ground: 3,762
- Finished area below ground: 1,070
Property
Parking
- Total spaces: 3
- Parking features: Attached, Guest, Tuckunder Garage
- Attached garage spaces: 3
- Details: Garage Door Height (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Terrace
- Has view: Yes
- View description: Bay, East, West, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 0.63 Acres
- Dimensions: SE100 x 195 x 101 x 176
- Features: Accessible Shoreline, Many Trees
Details
- Foundation area: 2088
- Parcel number: 1811723140005
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Other
- Roof: Age Over 8 Years
Condition
- Age of Property: 16
- New construction: No
- Year built: 2009
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Fagerness
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $723/sqft
- Tax assessed value: $2,598,800
- Annual tax amount: $26,580
- Date on market: 4/22/2025
- Road surface type: Paved
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