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1971 Fagerness Point Rd, Orono, MN, 55391

$3,195,000

3 Bedrooms
1 Partial Bath
3,308 SqFt
$966/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener
Attached Garage2 spaces
Year Built1946
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontDock, Lake Front, Lake
FireplaceLiving Room
ViewOther, Lake, Panoramic
MLS #6616732
StatusActive

About 1971 Fagerness Point Rd

Beautifully sited on the Fagerness Point peninsula, offering unparalleled east and west-facing water views with spectacular sunrises + sunsets! This home is completely remodeled inside and out featuring an open flowing floorplan with walls of windows showcasing breathtaking panoramic lake views from every room! 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!

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 3,308 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front, Lake
  • View: Other, Lake, Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Shadywood Road to west on Fagerness Point Road to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,195,000
  • Price Per SqFt: $966/SqFt
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Housing Market Comparison

See how this home compares to others in Orono, MN.

Med. Sold Price

$1.1M

Med. Price/SqFt

$287

Avg. Days On Market

54

# of Sold Homes

16

1971 Fagerness Point Rd vs Orono

35 DAYS ON ROCKET

-19 Days

$3,195,000

+$2.0M More

$966/SqFt

+$679 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $679/SqFt more than other homes in Orono, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6616732

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/22/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-624132
7
/10
  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 1.61 miles

  • Public District Grades PK-4

school-card-donut-624133
9
/10
  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 2.20 miles

  • Public District Grades PK-4

school-card-donut-624134
9
/10
  • Minnewashta Elementary

  • 26350 Smithtown Rd

  • 3.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,917. The majority of Orono, MN residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1971 Fagerness Point Rd

What is the listing price of this property?

The listing price of 1971 Fagerness Point Rd property is $3,195,000.

What type of property is this?

The property 1971 Fagerness Point Rd is a house located in Orono, Minnesota, 55391.

Is this property for sale now?

Active Listing: 1971 Fagerness Point Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1971 Fagerness Point Rd has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1971 Fagerness Point Rd is 3,308 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1971 Fagerness Point Rd is 1946.
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Rocket HomesMinnesotaHennepin CountyOrono553911971 Fagerness Point Rd

This home is located at 1971 Fagerness Point Rd in Orono, MN and zip code 55391 in the Harrison Bay neighborhood. This 3,308 square foot home was built in 1946. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $3,195,000.

In October 2024 more than 2 listings in Orono, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. Between September 2024 and October 2024, Orono, MN real estate market has seen increase in the number of listings by 10.5%. While the average time on the market in October 2024 was 54 days, the median list price was $1,130,000.

From Rocket Homes Real Estate and based on county public records data.

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