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  • $3,000,000

    1971 Fagerness Point Rd, Wayzata, MN 55391

    3beds
    3,308sqft
    Single Family Residence
    Built in 1946
    0.35 Acres Lot
    $3,068,800 Zestimate®
    $907/sqft
    $3,918 Estimated rent

    Home value

    $3,068,800

    $2.82M - $3.34M

    $3,918/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: April 18, 2025 at 12:24pm

    Listed by:

    Jeffrey J Dewing 612-597-0424,

    Coldwell Banker Realty

    Bought with:

    Susan H Melbye

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6616732MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Upper
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Bedroom 2
    • Level: Upper
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Bedroom 3
    • Level: Lower
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Dining room
    • Level: Main
    • Area: 189 Square Feet
    • Dimensions: 21 x 9
    Exercise room
    • Level: Lower
    • Area: 180 Square Feet
    • Dimensions: 18 x 10
    Family room
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 21 x 13
    Kitchen
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17 x 16
    Living room
    • Level: Main
    • Area: 247 Square Feet
    • Dimensions: 19 x 13
    Sitting room
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12 x 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Chandelier, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    Features
    • Basement: Drain Tiled,Finished,Storage Space,Sump Pump
    • Number of fireplaces: 2
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 3,308
    • Total interior livable area: 3,308 sqft
    • Finished area above ground: 2,543
    • Finished area below ground: 765

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Invisible
    • Has view: Yes
    • View description: East, Lake, Panoramic, West
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
    • Body of water: Minnetonka
    • Frontage length: Water Frontage: 150
    Lot
    • Size: 0.35 Acres
    Details
    • Foundation area: 966
    • Parcel number: 1811723140007
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Age 8 Years or Less
    Condition
    • Age of Property: 79
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Wayzata

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    4/18/2025Sold$3,000,000-6.1%$907/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6616732 Report a problem
    3/19/2025Pending sale$3,195,000$966/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6616732 Report a problem
    2/10/2025Listed for sale$3,195,000$966/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6616732 Report a problem
    11/21/2024Listing removed$3,195,000$966/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6616732 Report a problem
    10/19/2024Listed for sale$3,195,000+250.7%$966/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6616732 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,651 +3.3%$1,678,700 +5.2%
    2024$16,123 +23.8%$1,595,900 -0.5%
    2023$13,020 +12.1%$1,604,500 +16.1%

    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value$3,068,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,068,800