1971 Fagerness Point Road, Wayzata, MN 55391

$3,000,000
Property Type: Residential Bedrooms: 3 Baths: 4 Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $3,000,000 List Date: 2/10/2025 Last Modified: 8/08/2025

Overview

Description

This beautiful turn-key home is completely remodeled inside and out- move in and enjoy! Walls of windows showcase breathtaking panoramic lake views from every room! Natural light abounds in this open and airy floorplan. Beautifully sited on the Fagerness Point peninsula, offering unparalleled east and west-facing water views with spectacular sunrises + sunsets. Features include the gourmet kitchen with Cambria countertops, expansive island, pizza oven and wine fridge- ideal for when entertaining guests! Primary suite with fireplace, walk-in closet and spa-like bath with slate floor; newly finished lower-level with exercise room, ¾ bath, guest bedroom and dog wash; and all new custom landscaping, opened up to maximize water views! Additional features include new electrical; plumbing; spray foam insulation; hardwood floors on main and upper levels; all new Marvin doors, windows and 4-panel sliders; new roof + siding; new granite stairways with boulders and rip-rap shoreline. Complete list of improvements attached as supplement. Ideally located close to parks and the Lake Minnetonka Regional Trail!

Listing Details MLS# 6616732

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Waterfront Frontage
150
Waterfront Present
Yes
Year Built
1946
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
3
Bath Half
Yes
Total Finished Sqft
3308.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
966
Garage Stalls
2
Lot Dimensions
Irregular
Acres
0.35
Assessment Pending
Unknown
Bath Quarter
0
Main Floor Total SqFt
0
Above Grd Total SqFt
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Primary Bedroom Walk-In Closet; Skylight; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Chandelier; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Drain Tiled; Storage Space; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; 3/4 Primary; Private Primary; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Other Family Room Characteristics: Main Level Fencing: Invisible Financing Terms: Cash Fireplace Characteristics: Living Room Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level Parking Characteristics: Garage Door Opener Road Frontage: City Street; No Outlet/Dead End Roof: Age 8 Years or Less Sewer: City Sewer/Connected Special Search: Primary Bdr Suite; Renovated Stories: Two Water: City Water/Connected Waterfront View: Lake; Panoramic; East; West

Contract Information

Off Market Date
2025-03-19
Contingency
None
Closed Date
2025-04-18
Original List Price
3195000
Sales Close Price
3000000
ListPrice
3195000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1971
Street Name
Fagerness Point
Street Suffix
Road
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391

Assessments

Tax With Assessments
16123
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2543
Finished SqFt Below Ground
765

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
FAGERNESS LOT 6 FAGERNESS AND ACCRETIONS LYING BETWEEN EXTEN SELY OF NELY AND SWLY LINES OF SAID LOT 6 AND LYING SELY OF SELY LINE OF UNDER THE LINDEN AVE AS DEDICATED IN SAID PLAT OF FAGERNESS WHICH
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
Country
US
Property ID Number
1811723140007
Tax Year
2024
Tax Amount
16123
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This beautiful turn-key home is completely remodeled inside and out- move in and enjoy! Walls of windows showcase breathtaking panoramic lake views from every room! Natural light abounds in this open and airy floorplan. Beautifully sited on the Fagerness Point peninsula, offering unparalleled east and west-facing water views with spectacular sunrises + sunsets. Features include the gourmet kitchen with Cambria countertops, expansive island, pizza oven and wine fridge- ideal for when entertaining guests! Primary suite with fireplace, walk-in closet and spa-like bath with slate floor; newly finished lower-level with exercise room, ¾ bath, guest bedroom and dog wash; and all new custom landscaping, opened up to maximize water views! Additional features include new electrical; plumbing; spray foam insulation; hardwood floors on main and upper levels; all new Marvin doors, windows and 4-panel sliders; new roof + siding; new granite stairways with boulders and rip-rap shoreline. Complete list of improvements attached as supplement. Ideally located close to parks and the Lake Minnetonka Regional Trail!
Directions
Shadywood Road to west on Fagerness Point Road to home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
Exercise Room
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Primary Bedroom Walk-In Closet
Yes
Skylight
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Chandelier
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Drain Tiled
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level 3/4 Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
3/4 Basement
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Kitchen/Dining Room
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Other
Yes

Family Room Characteristics

Main Level
Yes

Fencing

Invisible
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Living Room
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Lower Level
Yes

Parking Characteristics

Garage Door Opener
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

City Street
Yes
No Outlet/Dead End
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Primary Bdr Suite
Yes
Renovated
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
East
Yes
West
Yes

Room Information

Second (2nd) Bedroom Dimensions: 16 x 14 Level: Upper Family Room Dimensions: 21 x 13 Level: Main First (1st) Bedroom Dimensions: 14 x 13 Level: Upper Kitchen Dimensions: 17 x 16 Level: Main Dining Room Dimensions: 21 x 9 Level: Main Living Room Dimensions: 19 x 13 Level: Main Sitting Room Dimensions: 12 x 8 Level: Main Third (3rd) Bedroom Dimensions: 13 x 11 Level: Lower Exercise Room Dimensions: 18 x 10 Level: Lower

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 08 - 2025
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.