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For Sale:  Orono MLS# 7018367

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Active NEW!
$3,600,000
/mo Edit
Single Family:  1 Story
3 br • 3 ba • Built 2023
3,794 sqft • 0.62 acres
MLS# 7018367
651-440-6333
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    Property Description

    Welcome to the exclusive Fagerness Point in Orono on Lake Minnetonka! Embrace a home that offers stunning lakeside views in a calm, park-inspired neighborhood. This cottage-style home is nestled on a serene peninsula with a west-facing shore on West Arm Bay, offering spectacular sunsets and expansive views, within walking distance to parks, bike trails, and Lord Fletchers. The property features 124 feet of firm sand shore and a gentle approach to the lake. Built in 2023, this home boasts an open-concept main floor, perfect for entertaining. Every room offers stunning views, including the patios and the screened porch which features a second gas fireplace. The main floor is designed to maximize natural light, with an abundance of windows and a harmonious balance of enameled and stained woodwork, as well as solid oak floors. The kitchen is equipped with Thermador Professional appliances, custom cabinetry, quartz countertops with an expansive center island, and a hidden walk-in pantry. The owner's suite includes a full bath with soaking tub and separate shower, along with a walk-in closet which connects to the large laundry room. An office with relaxing lake views, a mudroom with plenty of storage, and a half bath round out the main floor. The walk-out lower level features a theater/rec room with Sonance architectural speakers, a wet bar, and a spacious workout room that could be converted into a bunk room or future guest suite. It also includes 2 additional bedrooms and a 3/4 bathroom and has been roughed in with in-floor radiant heat throughout the lower level. The outdoor enthusiast will love the meticulously maintained yard and oversized heated 4-car garage. This home is a true gem on Lake Minnetonka! Don’t miss the 3D tour + floor plan.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $3,600,000
    Price per sq ft: $949
    Property Type: Single Family
    City: Orono
    Garage Spaces: 4
    County: Hennepin
    Year Built: 2023
    State: MN
    Property Style: 1 Story
    Zip Code: 55391
    Subdivision Name: Fagerness Woods

    Interior

    Bedrooms: 3
    Bathrooms: 3
    Finished Area: 3,794 ft2
    Total Fireplaces: 2
    Living Area: 3,794 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Electronic Air Filter
    • Exhaust Fan
    • Gas Water Heater
    • Humidifier
    • Microwave
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Washer
    • Wine Cooler
    Fireplace Details:
    • Circulating
    • Gas
    • Living Room
    Basement Details:
    • Concrete
    • Daylight/Lookout Windows
    • Drain Tiled
    • Drainage System
    • Finished
    • Full
    • Sump Pump
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Dimensions: 44 x 29
    Garage Size: 1,146 ft2
    Garage Door Height: 8
    Garage Door Width: 16
    Air Conditioning: Central Air
    Foundation Size: 2,093 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Fireplace(s)
    • Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • Heated Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Dock
    • Exercise Room
    • Hardwood Floors
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Paneled Doors
    • Patio
    • Porch
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Walk-In Closet
    • Washer/Dryer Hookup
    • Wet Bar
    Road Frontage:
    • City Street
    • Paved Streets
    • Storm Sewer
    • Street Lights
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Double Sink
    • Full Primary
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Breakfast Area
    • Breakfast Bar
    • Informal Dining Room
    • Kitchen/Dining Room
    Laundry:
    • Electric Dryer Hookup
    • Laundry Room
    • Main Level
    • Sink
    • Washer Hookup
    Main Level Size Sq Ft
    Dining Room  19 x 12  228 
    Bedroom  14 x 14  196 
    Foyer  7 x 10  70 
    Kitchen  21 x 14  294 
    Laundry  12 x 12  144 
    Living Room  19 x 18  342 
    Primary Bathroom  15 x 10  150 
    Mud Room  11 x 6  66 
    Office  9 x 10  90 
    Patio  25 x 15  375 
    Pantry (Walk-In)  8 x 5  40 
    Screened Porch  14 x 14  196 
    Walk-In Closet  7 x 7  49 
    Lower Level Size Sq Ft
    Exercise Room  30 x 13  390 
    Family Room  31 x 17  527 
    Patio  8 x 11  88 
    Bedroom 2  14 x 12  168 
    Bedroom 3  13 x 12  156 

    Lake & Waterfront

    Waterfront View: Lake, West
    WF Frontage: 124
    Elev Highpt to WF feet: 4-10
    Waterfront:
    • Lake Front
    • Lake View
    Lake Bottom: Sand

    Lot & Land

    Acres: 0.62
    Geolocation: 44.945622, -93.62432
    Lot Dimensions: 123 x 199 x 124 x 218
    Zoning:
    • Residential-Single Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Medium

    Schools

    School District: 1250
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $22,975
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $22,975
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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.
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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.