1719 Fagerness Point Road

Orono, MN
$ 649,900 Beds 3 Baths 2.5 Sq 1,584
Monthly Estimate* How much can I afford?

Exceptional Opportunity for Renovators, Investors & Visionaries! Situated on a rare .89-acre private double lot in one of the Lake Minnetonka area's most desirable neighborhoods, this property offers tremendous upside for the right buyer. The property's Torrens Certificate of Title includes a recorded exclusive easement for dock & slip purposes, providing deeded Lake Minnetonka access with rights to the shared neighborhood dock just a short walk down the street.The existing home features mostly Andersen windows and is connected to city water, city sewer, and natural gas, providing an excellent foundation for an extensive renovation or future redevelopment. The home will require significant improvements, including a new roof, new siding, and substantial interior updating, making it ideal for experienced remodelers, investors, or buyers with the vision and resources to transform this property into something truly special. Enjoy boating, fishing, and the Lake Minnetonka lifestyle while being 15 minutes from downtown Wayzata, walking distance to Lord Fletcher's Old Lake Lodge, and only a few homes from the Roberta Lee Antoine Neighborhood Playground. The property is also listed in the MLS as Lots & Land, recognizing its exceptional redevelopment potential. Whether your plans include a comprehensive renovation or construction of a custom luxury home, opportunities combining a .89-acre homesite, recorded Lake Minnetonka dockage rights, and an unbeatable location are exceptionally rare.

Single Family

  • Price
  • $ 649,900
  • City
  • Orono
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Maplegate Inlet
  • Lot Size
  • 0.89 Acres
  • Zip
  • 55391
  • Sqr Footage
  • 1,584
  • Year Built
  • 1965
  • Taxes
  • $ 6815
  • Style
  • Single Family
  • MLS#
  • 7122842
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1584
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years,Asphalt
Appliances Dishwasher,Gas Water Heater,Range,Refrigerator
Garage Spaces 2
Construction Materials Block,Frame
Year Built 1965
Electric 100 Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Deeded Access,Dock,Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
Association Amenities Dock
HOA No
Contingency None
Subdivision Name Maplegate Inlet
Full Baths 1
Directions N Shore Drive to Shadywood (south) to Fagerness Point Road (west) to home.
City Orono
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6815
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Orono

Interior Features

Basement Block,Drain Tiled,Full,Sump Pump
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1584
Half Baths 1
3/4 Baths 1
Laundry Features Gas Dryer Hookup,Lower Level,Washer Hookup
Total Bedrooms 3
Total Baths 3
Bath Desc 3/4 Primary,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Breakfast Area,Eat In Kitchen,Informal Dining Room,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 21.4x20.5
Garage Square Feet 440

Exterior Features

Fencing Wood
Parking Features Attached Garage,Asphalt,Electric,Garage Door Opener
Lot Features Corner Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.89
Building Area Total 1584
Lot Dimensions 238x175x199x185
Waterfront Y/N No
Foundation Area 792
Road Frontage Type City Street,No Outlet/Dead End,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/6/2026 Listed $750,000
8/20/2026 7% - $699,900
9/4/2026 8% - $649,900

Property vs Zip Code Average in 55391

Price
AVG $3.93M
$650K
Taxes
AVG $28,738
$6,815
Year Built
AVG 1995
1965
Visits
AVG 164
36
Data Provided by Inside Real Estate®

1719 Fagerness Point Road Orono, MN is a Single Family Home for sale at $649900 with 1584 sqft and a lot size of 0.89 Acres Acre(s). 1719 Fagerness Point Road Orono has 3 bedrooms, 2 baths and was built in 1965. The property's zip code is 55391 which is in Orono, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.