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About the Listing 5141 - 502004375
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.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter / 1 Half
- Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1584
- Basement: Block,Drain Tiled,Full,Sump Pump
- Other: 3/4 Primary,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath,Breakfast Area,Eat In Kitchen,Informal Dining Room,Living/Dining Room,3 BR on One Level
- Water: City Water/Connected
Exterior Details
- Lot Description: Deeded Access,Dock,Lake View,Corner Lot,Tree Coverage - Medium,Wood
- Garage Capacity: 2 car
- Lot Dimensions: 238x175x199x185
- Zoning: Residential-Single Family
- Roof: Age Over 8 Years,Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Attached Garage,Asphalt,Electric,Garage Door Opener
Financial Details
- Tax Amount: $6,815
- Taxes w/Assessments: N/A
- Tax/Property ID: TBD
- Tax Year: 2026
Payment Calculator
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1719 Fagerness Point Rd Orono, MN 55391
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