Welcome to luxury within reach on Fagerness Point—one of the most desirable peninsulas on Lake Minnetonka. This is your chance to enjoy affordable lake life in one of Wayzata’s most desirable pockets—surrounded by multi-million dollar homes and just steps from Lake Minnetonka. A charming cottage-style home that blends warmth and character with a thoughtfully updated kitchen and bathroom, delivering elevated finishes without losing its inviting feel. The kitchen features a center island, new stainless steel appliances, updated cabinetry, and Caesarstone Concrete Quartz countertops with a full-height backsplash. The bathroom is beautifully finished with AKDO & Altura marble tile carried to the ceiling in the shower. Additional highlights include new flooring, updated lighting fixtures, a cozy fireplace, a spacious walk-in closet, huge insulated garage, partially fenced yard and the convenience of main-level laundry—creating a layout that lives comfortably for both everyday living and weekend escapes. Set on a quiet, low-traffic street, Fagerness Point offers a peaceful, tucked-away atmosphere while still being right in the heart of it all - just minutes from Wayzata, Excelsior and Navarre. Be at your boat launch or marina in minutes—or hop on your bike and cruise the nearby Dakota Rail Trail. Wake up to lake views just across the street, take a short stroll to the water, and enjoy the lifestyle that makes this area so special. Whether you’re looking for a full-time residence or a weekend escape, this home delivers the rare combination of charm, location, and value in a setting that’s hard to replicate. Set in a highly sought-after Orono location with an A+ setting, this property is ideal for those looking to create something special in one of the Lake Minnetonka area’s most coveted neighborhoods. Schedule your tour today, this one will go quickly!
Single-familyProperty Type
1910Year Built
0.32 acresLot Size
2 car garageParking
Listed by Jacob Milton• Keller Williams Premier Realty Lake Minnetonka
Est. $2,339 per month, based on comparable rentals
Sale and tax history for 1921 Fagerness Point Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7057273
May 22, 2026
Sold
$410,000
May 9, 2026
Pending
—
May 4, 2026
Contingent
—
May 1, 2026
Listed
$400,000
Apr 29, 2026
Coming Soon
$400,000
+6
Welcome to Fagerness Point—one of the most desirable peninsulas on Lake Minnetonka. This is a rare opportunity to secure a premium homesite in an A+ Orono location, surrounded by multi-million dollar properties and just steps from the lake. Set on a quiet, low-traffic street, this property offers the ideal setting to build your custom home in a neighborhood where values continue to support high-end new construction. Enjoy lake views just across the street, with quick access to nearby boat launches, marinas, and the Dakota Rail Trail. Perfectly positioned just minutes from Wayzata, Excelsior, and Navarre, this location delivers the best of Lake Minnetonka living—privacy, convenience, and long-term upside. Opportunities like this on Fagerness Point are limited. Bring your builder and vision to create something truly special in one of the area’s most coveted neighborhoods.
NORTHSTARMLS as Distributed by MLS Grid #7057178
May 22, 2026
Sold
$410,000
May 9, 2026
Pending
—
May 4, 2026
Contingent
—
May 1, 2026
Listed
$400,000
Apr 29, 2026
Coming Soon
$400,000
NORTHSTARMLS as Distributed by MLS Grid #6313361
Jan 9, 2023
Sold
$275,000
Jan 9, 2023
Listed
$287,000
Sold before print.
Public Records
Mar 1, 1986
Sold
$51,200
Public Records
Aug 1, 1974
Sold
$22,900
Year
Property tax
Land + Additions
Assessment*
2026
$2,526 (+2.1%)
2025
$2,474 (−10.9%)
2024
$2,777 (+21.2%)
2023
$2,291 (−2.2%)
2022
$2,342 (+5.6%)
2021
$2,218 (+6.1%)
2020
$2,091 (+8.0%)
2019
$1,937 (+0.1%)
2018
$1,935 (+1.2%)
2017
$1,913 (−13.1%)
2015
$2,201 (+1.5%)
2014
$2,168 (−1.0%)
2013
$2,190 (−6.2%)
2012
$2,334
Public record
Public record
Permits
Beds
1
Baths
1
Stories
1.5
Lot width
100 ft.
Lot depth
110 ft.
Lot size
0.32 Acres
Year renovated
1965
Sq. Ft.
974
Year built
1910
Style
Single Family Residential
County
Hennepin County
APN
17 117 23 23 0010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Mar 5, 2026 • Final
Right-of-way
Electrical
Mar 7, 2024 • Final
Right-of-way
Replace an overhead transformer.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Directions: Take I-394 west, which becomes US-12. Continue west to County Road 15, then right onto County Road 19. Follow to Fagerness Point Road, turn left, and continue along the peninsula to the property.
Map Coordinate: 117-B1
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 974
Stories: 1.5
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1910
Year Renovated: 1965
County: Hennepin County
APN: 17 117 23 23 0010
Home facts updated by county records on Jul 20, 2026
Other
Home Information
Living Area: 1056
Living Area Units: Square Feet
Main Level Finished Area: 747
Building Area Total: 1056
Foundation Details: Block, Pillar/Post/Pier
Levels: One and One Half
Around this home
Schools
Grandview Middle School
Public 5-7 • Assigned • 2.2mi
10/10
Mound-Westonka High School
Public 8-12 • Assigned • 2.5mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wayzata, MN • 55391
Average low and high temperatures (°F)
21
5
29
13
48
28
56
38
69
49
77
60
83
66
78
63
77
59
64
46
44
31
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.