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1981 Fagerness Point Rd, Orono, MN, 55391

$3,695,000

5 Bedrooms
2 Full Baths, 1 Partial
4,744 SqFt
$779/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Guest Parking, Tuckunder Garage
Attached Garage3 spaces
Year Built2009
HeatingForced Air, Fireplace(s), Geothermal, Radiant Floor
CoolingCentral Air, Geothermal
BasementYes
WaterfrontDock, Lake Front, Lake
ViewBay, Other
MLS #6623996
StatusActive

About 1981 Fagerness Point Rd

Discover this stunning, completely remodeled 4,700+ 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!

Property Details

Property Features

Property Information:

  • Year Built: 2009
  • Living Area: 4,744 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Refrigerator, Washer, Wine Cooler
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Guest Parking, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s), Geothermal, Radiant Floor
  • Cooling: Central Air, Geothermal

Other

Directions Information:

  • Directions: Shoreline Drive (County Rd 15) to Shadywood Rd (County Rd 19) to Fagerness Point Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,695,000
  • Price Per SqFt: $779/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

53

# of Sold Homes

14

1981 Fagerness Point Rd vs Orono

46 DAYS ON ROCKET

-7 Days

$3,695,000

+$2.5M More

$779/SqFt

+$492 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $492/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: #6623996

Listing Office:

  • Office Name: Compass

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Property Sales & Tax

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Payment Calculator

$18.5K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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NMLS#3030

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-790520
7
/10
  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 1.58 miles

  • Public District Grades PK-4

school-card-donut-790521
9
/10
  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 2.20 miles

  • Public District Grades PK-4

school-card-donut-790522
9
/10
  • Minnewashta Elementary

  • 26350 Smithtown Rd

  • 3.04 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. Typical income of Orono, MN residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1981 Fagerness Point Rd

What is the listing price of this property?

The listing price of 1981 Fagerness Point Rd property is $3,695,000.

What type of property is this?

The property 1981 Fagerness Point Rd is a house located in Orono, Minnesota, 55391.

Is this property for sale now?

Active Listing: 1981 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 1981 Fagerness Point Rd has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1981 Fagerness Point Rd is 4,744 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1981 Fagerness Point Rd is 2009.
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Rocket HomesMinnesotaHennepin CountyOrono553911981 Fagerness Point Rd

This home is located at 1981 Fagerness Point Rd in Orono, MN and zip code 55391 in the Harrison Bay neighborhood. This 4,744 square foot home was built in 2009. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $3,695,000.

While more than 2 listings in Orono, MN in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 8 were sold below. In November 2024 in Orono, MN there were 7.1% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,125,000, while the average time on the real estate market was 53 days.

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

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