1981 Fagerness Point Rd, Wayzata, MN 55391

Off Market May 2025 for $3.2M

$3,669,404

Est. refi paymentEst. refi $17,137/mo

•

—

sq ft

1981 Fagerness Point Rd, Wayzata, MN 55391

About this home

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!

Single-familyProperty Type

2009Year Built

0.63 acresLot Size

3 car garageParking

Listed by Andrew Spilseth • Compass

Listed by T. Cody Turnquist

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6623996

Redfin Estimate

$3,669,404

$380K since sold in May 2025$30K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 61.7% higher than the average sale price ($2.27M) of 6 comparable homes.

SOLD MAY 13, 2026
$2,400,000
A
5 beds6 baths— sq ft
3890 Sunset Dr, Spring Park, MN 55384
SOLD AUG 14, 2026
$1,675,000
B
5 beds6 baths— sq ft
1001 Wildhurst Trl, Mound, MN 55364
SOLD JUL 8, 2026
$2,800,000
C
5 beds4 baths— sq ft
2665 Casco Point Rd, Wayzata, MN 55391
SOLD MAY 19, 2026
$925,000
D
3 beds3 baths— sq ft
4109 North Shore Dr, Mound, MN 55364
SOLD APR 7, 2026
$3,600,000
E
3 beds3 baths— sq ft
1855 Concordia St, Wayzata, MN 55391
SOLD JUL 13, 2026
$2,215,000
F
4 beds4 baths— sq ft
2006 Shorewood Ln, Mound, MN 55364

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Earn from this home

Sell

$884,695

Est. take-home

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Refinance

Est. cash available

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Rent

$4,926/mo

Redfin rental estimate

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Market trends in 55391, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.8%

0.1% MoM

Median sale price

$995K

$30K MoM

Avg. days on market

37d

13 days MoM

Recently sold homes

13 MoM

New listings for sale

NEW 8 HRS AGO
$2,289,000
5 beds5 baths5,083 sq ft
18605 Azure Rd, Wayzata, MN 55391
NEW 24 HRS AGO
$2,385,000
2 beds2 baths2,218 sq ft
875 Lake St N #210, Wayzata, MN 55391
$5,922,000
5 beds7 baths12,139 sq ft
326 Ferndale Rd W, Wayzata, MN 55391
OPEN SAT, 12PM TO 2PM
$2,995,000
5 beds5 baths5,217 sq ft
355 Margaret Cir, Wayzata, MN 55391
$1,990,000
5 beds5 baths6,784 sq ft
2935 Minnehaha Curv E, Wayzata, MN 55391
OPEN SUN, 1PM TO 3PM
$875,000
3 beds3 baths3,431 sq ft
635 Waycliffe Dr N, Wayzata, MN 55391
FOR SALE BY OWNER
$1,000,000
2 beds4 baths2,408 sq ft
3010 Brooks Ln, Wayzata, MN 55391
$2,499,000
5 beds4 baths5,257 sq ft
2805 Center Rd, Wayzata, MN 55391
$309,900
2 beds2 baths1,000 sq ft
205 Barry Ave S #306, Wayzata, MN 55391
COMING SOON
$749,000
3 beds3 baths1,891 sq ft
2300 Olive Ave, Wayzata, MN 55391
See all

Provided by Redfin

Sale history for 1981 Fagerness Point Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6623996

May 9, 2025

Sold

$3,289,000

Apr 22, 2025

Pending

—

Apr 9, 2025

Price Changed

$3,499,000

Mar 19, 2025

Price Changed

$3,549,000

Mar 10, 2025

Price Changed

$3,599,000

Feb 6, 2025

Relisted

—

Jan 13, 2025

Price Changed

$3,645,000

Dec 12, 2024

Price Changed

$3,695,000

Dec 2, 2024

Price Changed

$3,795,000

Nov 18, 2024

Price Changed

$3,895,000

Nov 7, 2024

Listed

$3,995,000

Nov 4, 2024

Coming Soon

$3,995,000

Public Records

Jan 24, 2024

Sold

$3,000,000

NORTHSTARMLS as Distributed by MLS Grid #6459357

Jan 25, 2024

Pending

—

Dec 11, 2023

Pending

—

Dec 11, 2023

Listing Removed

—

Nov 13, 2023

Listed

$2,495,000

NORTHSTARMLS as Distributed by MLS Grid #6455823

Jan 12, 2024

Sold

$3,000,000

Dec 11, 2023

Pending

—

Dec 5, 2023

Contingent

—

Nov 10, 2023

Relisted

—

Nov 3, 2023

Contingent

—

Nov 2, 2023

Listed

$2,495,000

268 Feet of Lakeshore on sought after Fagerness Pt. Quiet neighborhood with no thru-traffic.Property has Lakeshore street side and to the large rear yard for beautiful sunsets over West Arm Bay. The home has been prepared for a full renovation or start over with your own design for a new custom home! The large site will support additions to the existing structure with no variances! Please call today for a detailed description of the home and to schedule a tour.

Public Records

Jul 11, 2023

Sold

$1,765,000

NORTHSTARMLS as Distributed by MLS Grid #4050553

Apr 19, 2012

Sold

$1,567,500

Feb 27, 2012

Listing Removed

—

May 24, 2011

Listed

$1,649,000

NORTHSTARMLS as Distributed by MLS Grid #1315963

May 8, 1998

Listing Removed

—

Jan 7, 1998

Listed

$499,000

NORTHSTARMLS as Distributed by MLS Grid #1288251

Sep 25, 1997

Listing Removed

—

Aug 11, 1997

Listed

$499,000

NORTHSTARMLS as Distributed by MLS Grid #1260120

Aug 8, 1997

Listing Removed

—

Apr 23, 1997

Listed

$529,900

NORTHSTARMLS as Distributed by MLS Grid #1242513

Apr 22, 1997

Listing Removed

—

Feb 7, 1997

Listed

$549,900

NORTHSTARMLS as Distributed by MLS Grid #1215522

Dec 31, 1996

Listing Removed

—

Sep 4, 1996

Listed

$549,900

Public Records

Jan 1, 1987

Sold

$225,000

Public Records

Apr 1, 1981

Sold

$199,000

Year

Property tax

Land + Additions

Assessment*

2026

$37,075 (+33.7%)

$1,731,000 + $1,647,400

$3,378,400

2025

$27,740 (+4.4%)

$1,312,700 + $1,286,100

$2,598,800

2024

$26,580 (+21.4%)

$1,312,700 + $1,274,300

$2,587,000

2023

$21,896 (+8.9%)

$1,193,000 + $1,070,000

$2,263,000

2022

$20,103 (+9.6%)

$988,000 + $860,000

$1,848,000

2021

$18,336 (+6.0%)

$950,000 + $731,000

$1,681,000

2020

$17,299 (+2.4%)

$785,000 + $715,000

$1,500,000

2019

$16,890 (+4.6%)

$805,000 + $651,000

$1,456,000

2018

$16,142 (−4.7%)

$775,000 + $574,000

$1,349,000

2017

$16,932 (−6.9%)

$775,000 + $610,000

$1,385,000

2015

$18,181 (−1.0%)

$850,000 + $593,000

$1,443,000

2014

$18,372 (+25.1%)

$850,000 + $560,000

$1,410,000

2013

$14,680 (−3.5%)

$653,000 + $512,000

$1,165,000

2012

$15,214

$765,000 + $486,000

$1,251,000

Tax history for 1981 Fagerness Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$37,075 (+33.7%)

$1,731,000 + $1,647,400

$3,378,400

2025

$27,740 (+4.4%)

$1,312,700 + $1,286,100

$2,598,800

2024

$26,580 (+21.4%)

$1,312,700 + $1,274,300

$2,587,000

2023

$21,896 (+8.9%)

$1,193,000 + $1,070,000

$2,263,000

2022

$20,103 (+9.6%)

$988,000 + $860,000

$1,848,000

2021

$18,336 (+6.0%)

$950,000 + $731,000

$1,681,000

2020

$17,299 (+2.4%)

$785,000 + $715,000

$1,500,000

2019

$16,890 (+4.6%)

$805,000 + $651,000

$1,456,000

2018

$16,142 (−4.7%)

$775,000 + $574,000

$1,349,000

2017

$16,932 (−6.9%)

$775,000 + $610,000

$1,385,000

2015

$18,181 (−1.0%)

$850,000 + $593,000

$1,443,000

2014

$18,372 (+25.1%)

$850,000 + $560,000

$1,410,000

2013

$14,680 (−3.5%)

$653,000 + $512,000

$1,165,000

2012

$15,214

$765,000 + $486,000

$1,251,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

195 ft.

Lot size

0.63 Acres

Year renovated

2020

Sq. Ft.

4,072

Year built

2009

Style

Single Family Residential

County

Hennepin County

APN

18 117 23 14 0005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Guest Parking, Tuckunder Garage
Garage Spaces: 3
Garage Sq. Ft.: 759
Garage Door Height: 8

Interior

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 2
# of Three Quarter Baths (Total): 2
# of Half Baths (Total): 1
Description: 3/4 Basement,Double Sink,Bathroom Ensuite,Full Primary,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Upper Level 3/4 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Dining Room
Room Dimensions: 12x09
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Dimensions: 30x30
Room Level: Lower

Room 3 Information
Room Type: Bedroom
Room Dimensions: 15x14
Room Level: Main

Room 4 Information
Room Type: Bedroom 4
Room Dimensions: 12x14
Room Level: Upper

Room 5 Information
Room Type: Kitchen
Room Dimensions: 29x35
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Dimensions: 21x19
Room Level: Main

Room 7 Information
Room Type: Loft
Room Dimensions: 22x16
Room Level: Upper

Room 8 Information
Room Type: Office
Room Dimensions: 12x9
Room Level: Upper

Room 9 Information
Room Type: Play Room
Room Dimensions: 15x13
Room Level: Upper

Room 10 Information
Room Type: Bedroom 2
Room Dimensions: 12x13
Room Level: Upper

Room 11 Information
Room Type: Bedroom 3
Room Dimensions: 14x12
Room Level: Upper

Room 12 Information
Room Dimensions: 17x10
Room Level: Main

Basement Information
Has Basement
Basement Features: Drain Tiled, 8 ft+ Pour, Egress Window(s), Finished, Concrete, Storage Space, Sump Pump

Other Rooms Information
2nd Floor Laundry,3 BR on One Level,4 BR on One Level,Main Floor Primary,Main Floor Bedroom

Fireplace Information
Has Fireplace
# of Fireplaces: 1

Heating & Cooling
Heating Information: Forced Air, Fireplace(s), Geothermal
Cooling Information: Central Air, Geothermal

Interior Features
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Refrigerator, Washer, Wine Cooler

Exterior

Building Information
Foundation Area: 2,088
Roof: Age Over 8 Years

Exterior Features
Patio Porch Type: Deck,Patio,Terrace
Exterior Features: Stone, Other

Waterfront Information
On Waterfront
Waterfront Features: Dock, Lake Front, Lake View

Property Information
Above Ground Total Sq. Ft.: 3,762
Below Ground Total Sq. Ft.: 1,076
FractionalOwnershipYN: No
Property Type: Residential
Above Grade Finished Area: 3,762
Below Grade Finished Area: 1,070
Amenities: Balcony,Main Floor Primary Bedroom,Boat Slip,Tile Floors

Lot Information
Lot Features: Accessible Shoreline, Tree Coverage - Medium
Lot Size Area: 0.63
Lot Size Units: Acres
Lot Size Dimensions: SE100x195x101x176
Road Frontage Type: City Street, Paved Streets
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $26,580
Tax Year: 2024
Tax With Assessments: $26,580

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric,Natural Gas

Location

School Information
High School District: Westonka
School District Number: 277
School District Phone: 9524918001

Location Information
Directions: Shoreline Drive (County Rd 15) to Shadywood Rd (County Rd 19) to Fagerness Point Rd.
Map Coordinate: 117-B1

Public facts

Beds: 4
Baths: 4.5
Sq. Ft.: 4,072
Stories: 1.0
Lot Size: 0.63 acres
Style: Single Family Residential
Year Built: 2009
Year Renovated: 2020
County: Hennepin County
APN: 18 117 23 14 0005

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 4832
Living Area Units: Square Feet
Main Level Finished Area: 2237
Building Area Total: 4838
Levels: Two

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Westonka Public School District website to verify.

Shirley Hills Primary School

Public K-4 • 1.6mi

9/10

Grandview Middle School

Public 5-7 • 2.0mi

10/10

Westonka Extended School Year

Public 8-12 • 2.3mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$3.49M – $4.22M

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Home values near 1981 Fagerness Point Rd

Data from public records.

Address	Redfin Estimate
1985 Fagerness Point Rd, Wayzata, MN 4 Beds \| 3.5 Baths \| 3592 Sq. Ft.	$1,914,855
1926 Fagerness Point Rd, Wayzata, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,673,969

Address	Redfin Estimate
1937 Fagerness Point Rd, Wayzata, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$2,232,349
1932 Fagerness Point Rd, Wayzata, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,354,918

Address	Redfin Estimate
1945 Fagerness Point Rd, Wayzata, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,081,170
1921 Fagerness Point Rd, Wayzata, MN 1 Beds \| 1 Baths \| - Sq. Ft.	—

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55391, MN

Sale history for 1981 Fagerness Point Rd

Tax history for 1981 Fagerness Point Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55391

Home values near 1981 Fagerness Point Rd

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