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: 6/26/2026
Overview
Description
... (Read more) 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!
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
- Waterfront YN
- Yes
- 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
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 Type: Lake Front; Lake View; Dock 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
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
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: June - 26 - 2026
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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.
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