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.
Closed
$3,600,000
1855 Concordia St, Wayzata, MN 55391
3beds
4,387sqft
Single Family
Built in 2023
0.62 Acres Lot
$3,605,000 Zestimate®
$821/sqft
$7,091 Estimated rent
Home value
$3,605,000
$3.35M - $3.89M
$7,091/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
The Fiorella Group 612-388-8186,
RE/MAX Results,
Jim Kelly 612-281-8116
Bought with:
Daniel W Ward
Coldwell Banker Realty
Brad L Wellenstein
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7018367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom 2
- Level: Lower
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom 3
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 13 x 12
Primary bathroom
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15 x 10
Dining room
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19 x 12
Exercise room
- Level: Lower
- Area: 390 Square Feet
- Dimensions: 30 x 13
Family room
- Level: Lower
- Area: 527 Square Feet
- Dimensions: 31 x 17
Foyer
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7 x 10
Kitchen
- Level: Main
- Area: 294 Square Feet
- Dimensions: 21 x 14
Laundry
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 342 Square Feet
- Dimensions: 19 x 18
Mud room
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11 x 6
Office
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9 x 10
Other
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8 x 5
Patio
- Level: Main
- Area: 375 Square Feet
- Dimensions: 25 x 15
Patio
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 8 x 11
Screened porch
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14 x 14
Walk in closet
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7 x 7
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Wine Cooler
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Basement: Daylight,Drain Tiled,Drainage System,Finished,Full,Concrete,Sump Pump,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Circulating, Gas, Living Room
Interior area
- Total structure area: 4,387
- Total interior livable area: 4,387 sqft
- Finished area above ground: 2,093
- Finished area below ground: 1,701
Property
Parking
- Total spaces: 4
- Parking features: Attached, Asphalt, Garage Door Opener, Heated Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
- Details: Garage Dimensions (44 x 29), Garage Door Height (8), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Screened
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, West
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake View, Waterfront Elevation(4-10), Lake Bottom(Sand)
- Frontage length: Water Frontage: 124
Lot
- Size: 0.62 Acres
- Dimensions: 123 x 199 x 124 x 218
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 2093
- Parcel number: 1711723220038
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Wayzata
- Subdivision: Fagerness Woods
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $3,600,000$821/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7018367 Report a problem | ||
| 3/6/2026 | Pending sale | $3,600,000$821/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7018367 Report a problem | ||
| 2/27/2026 | Listing removed | $3,600,000$821/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7018367 Report a problem | ||
| 2/14/2026 | Listed for sale | $3,600,000-4%$821/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7018367 Report a problem | ||
| 4/15/2025 | Listing removed | $3,750,000$855/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6617701 Report a problem | ||
| 1/2/2025 | Price change | $3,750,000-2.6%$855/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6617701 Report a problem | ||
| 10/18/2024 | Listed for sale | $3,849,000+18.4%$877/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6617701 Report a problem | ||
| 4/3/2023 | Sold | $3,250,000+195.5%$741/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6350082 Report a problem | ||
| 3/28/2014 | Sold | $1,100,000$251/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2143895 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,975 +38.4% | $2,293,300 +5.8% |
| 2024 | $16,599 +4.5% | $2,167,800 +31.4% |
| 2023 | $15,892 +6.9% | $1,649,300 -1.1% |
| 2022 | $14,869 +3.3% | $1,667,000 +19.9% |
| 2021 | $14,398 +9.5% | $1,390,000 +3.8% |
| 2020 | $13,146 -8.7% | $1,339,000 +15.3% |
| 2019 | $14,398 +9.5% | $1,161,000 -1.2% |
| 2018 | $13,146 -0.8% | $1,175,000 +4.6% |
| 2017 | $13,249 -1.9% | $1,123,000 +2.4% |
| 2016 | $13,510 +2.1% | $1,097,000 -6.1% |
| 2015 | $13,235 -8.6% | $1,168,000 +0.7% |
| 2014 | $14,488 +5.6% | $1,160,000 +5.9% |
| 2013 | $13,725 -9.3% | $1,095,000 -12% |
| 2012 | $15,135 +1.5% | $1,245,000 -9.3% |
| 2011 | $14,915 +6.3% | $1,373,000 -3.1% |
| 2010 | $14,035 +13.5% | $1,417,000 +6.7% |
| 2009 | $12,371 +49.7% | $1,327,700 +56.1% |
| 2006 | $8,265 +6.2% | $850,300 +15% |
| 2005 | $7,786 +14.6% | $739,400 +15% |
| 2004 | $6,796 +0% | $643,000 +12.3% |
| 2002 | $6,796 -36.7% | $572,400 |
| 2001 | $10,744 | -- |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 2.2 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.4 mi
- 10/10Hilltop Primary SchoolGrades: K-4Distance: 2.3 mi
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Estimated market value
$3,605,000
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Estimated market value
$3,605,000
- Minnesota
- Hennepin County
- Orono
- 55391
- 1855 Concordia St
Nearby cities
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