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Active NEW!
$400,000
/mo Edit
Lot/Land:  Lot/Land
Built 1910
0.32 acres
Westonka schools
MLS# 7057273
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    Property Description

    Welcome to Fagerness Point—one of the most desirable peninsulas on Lake Minnetonka. This is a rare opportunity to secure a premium homesite in an A+ Orono location, surrounded by multi-million dollar properties and just steps from the lake. Set on a quiet, low-traffic street, this property offers the ideal setting to build your custom home in a neighborhood where values continue to support high-end new construction. Enjoy lake views just across the street, with quick access to nearby boat launches, marinas, and the Dakota Rail Trail. Perfectly positioned just minutes from Wayzata, Excelsior, and Navarre, this location delivers the best of Lake Minnetonka living—privacy, convenience, and long-term upside. Opportunities like this on Fagerness Point are limited. Bring your builder and vision to create something truly special in one of the area’s most coveted neighborhoods.

    Listing

    Contingency: None
    City: Wayzata
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55391
    Subdivision Name: Fagerness

    Exterior

    Garage Spaces: 2

    Lot & Land

    Acres: 0.32
    Geolocation: 44.943953, -93.623736
    Inclusions: None
    Lot Dimensions: 175 x 185 x 170
    Minimum Lot Size: .32
    Restrictions: Open
    Zoning: Residential-Single Family

    Farm

    Topography: Other

    Schools

    School District: 277
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,526
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,526
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 0.32

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: None
    Available Utilities:
    • Electricity Available
    • Electricity Connected
    • Natural Gas Available
    • Natural Gas Connected
    • Phone Available
    • Phone Connected
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.