Find Your Dream Home: Search 10,000+ Homes for Sale

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: 4/19/2026

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 ... (Read more)

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
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

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

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

Listing Office: Coldwell Banker Realty

Last Updated: April - 19 - 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.