1981 Fagerness Point Road, Wayzata, MN 55391 (MLS# 6623996)
$3,499,000
Wayzata, MN 55391
MLS# 6623996
Status: Closed
5 beds | 5 baths | 4838 sqft
1 / 45
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 268â 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
Status: Closed
Off Market Date: 2025-04-14
Contingency: None
Current Price: 3289000
Closed Date: 2025-05-09
Original List Price: 3995000
Sales Close Price: 3289000
ListPrice: 3499000
List Date: 2024-11-04
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront Present: Yes
Year Built: 2009
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 5
Baths Total: 5
Bath Full: 2
Bath Three Quarters: 2
Bath Half: 1
Main Floor Total SqFt: 2237
Above Grd Total SqFt: 3762
Below Grd Total SqFt: 1076
Total SqFt: 4838
Total Finished Sqft: 4832.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 2088
Garage Stalls: 3
Lot Dimensions: SE100x195x101x176
Acres: 0.63
Assessment Pending: No
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
Assessments
Tax With Assessments: 26580
Building Information
Finished SqFt Above Ground: 3762
Finished SqFt Below Ground: 1070
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 8
Garage Square Feet: 759
Public Survey Info
Range#: 23
Section#: 18
Township#: 117
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 Room | 21x19 | Main |
| Family Room | 30x30 | Lower |
| Play Room | 15x13 | Upper |
| Loft | 22x16 | Upper |
| Third (3rd) Bedroom | 14x12 | Upper |
| Fourth (4th) Bedroom | 12x14 | Upper |
| Office | 12x9 | Upper |
| First (1st) Bedroom | 15x14 | Main |
| Second (2nd) Bedroom | 12x13 | Upper |
| Dining Room | 12x09 | Main |
| Kitchen | 29x35 | Main |
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.
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