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!
Active with contingency
$400,000
1921 Fagerness Point Rd, Wayzata, MN 55391
1beds
1,056sqft
Est.:
Single Family
Built in 1910
0.32 Acres Lot
$-- Zestimate®
$379/sqft
$-- HOA
What's special
- 8 days |
- 2,299 |
- 133 |
Zillow last checked:
Listing updated:
Listed by:
Jacob Milton 952-333-8426,
Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7057178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 253 Square Feet
- Dimensions: 23x11
Dining room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Kitchen
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8x6
Living room
- Level: Main
- Area: 437 Square Feet
- Dimensions: 23x19
Other
- Level: Main
- Area: 286 Square Feet
- Dimensions: 26x11
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Main Level
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Insulated Garage
- Garage spaces: 2
- Details: Garage Dimensions (22x20)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Porch
- Fencing: Chain Link,Partial
Lot
- Size: 0.32 Acres
- Dimensions: 175 x 185 x 170
Details
- Foundation area: 747
- Parcel number: 1711723230010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Fagerness
HOA
- Has HOA: No
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $291,200
- Annual tax amount: $2,526
- Date on market: 4/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $400,000+45.5%$379/sqft |
Source: | ||
| 1/9/2023 | Sold | $275,000$260/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,474 -10.9% | $291,200 +0.2% |
| 2024 | $2,777 +21.2% | $290,700 -10.5% |
| 2023 | $2,291 -2.2% | $324,900 +13.2% |
| 2022 | $2,342 +5.6% | $287,000 +10% |
| 2021 | $2,218 +6.1% | $261,000 +5.7% |
| 2020 | $2,091 -5.7% | $247,000 +11.3% |
| 2019 | $2,218 +6.1% | $222,000 +7.2% |
| 2018 | $2,091 +8% | $207,000 +6.2% |
| 2017 | $1,936 +1.2% | $195,000 |
| 2016 | $1,913 -0.3% | $195,000 -9.3% |
| 2015 | $1,918 -12.9% | $215,000 +4.4% |
| 2014 | $2,201 +0.5% | $206,000 -2.4% |
| 2013 | $2,190 -6.2% | $211,000 -8.7% |
| 2012 | $2,334 +12% | $231,000 -1.7% |
| 2011 | $2,084 +0.6% | $235,000 -7.8% |
| 2010 | $2,070 +3.1% | $255,000 -2.3% |
| 2009 | $2,008 +16.6% | $261,000 +22.7% |
| 2006 | $1,722 +6.7% | $212,700 +15% |
| 2005 | $1,614 +15.8% | $185,000 +15% |
| 2004 | $1,394 -0.3% | $160,900 +12% |
| 2002 | $1,398 -36.5% | $143,700 |
| 2001 | $2,203 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$2,364/mo
Principal & interest
$1974
Property taxes
$390
More affordability tools
Climate risks
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 9/10Grandview Middle SchoolGrades: 5-7Distance: 2.2 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.5 mi
- 10/10Hilltop Primary SchoolGrades: K-4Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Hennepin County
- Orono
- 55391
- 1921 Fagerness Point Rd







