Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $22,974.9 (2025).

Does this home have a garage?

Yes, this home has a 4-car garage.

How long has this property been on the market?

This property was listed for 13 days.

Pending

$3,600,000

$949/sqft

Fagerness Woods

1855 Concordia Street, Orono, MN, 55391

3 Bedrooms3 Bathrooms3,794 Square Feet0.62 Acres

Days on market13

Year built2023

Garage spaces4

TypeResidential

Est. $105,000buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built2023

LevelsOne

Living area3,794 sqft

Above-grade finished2,093 sqft

Below-grade finished1,701 sqft

Lot size0.62 acres (123 x 199 x 124 x 218)

Days on market13

ListedFeb 9, 2026

MLS #NST7018367

CountyHennepin

SubdivisionFagerness Woods

Parcel #1711723220038

Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Bath breakdown: 1 full / 1 3/4 / 1 half
Heating: Forced Air, Fireplace(s)
Cooling: Central Air
Appliances: 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 Appliances, Wall Oven, Washer, Wine Cooler

Property

Levels / stories: One
Garage: 4 spaces · 44 x 29 · 1,146 sqft
Parking features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage
Patio & porch: Front Porch, Patio, Screened
Pool: None
Fencing: None

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 2,093 sqft
Roof: Age 8 Years or Less, Asphalt, Pitched
Year built: 2023

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers, 200+ Amp Service

Community & HOA

Subdivision: Fagerness Woods
HOA: No HOA
School district: Westonka

Financial & listing details

Annual tax: $22,974.9 (2025)
Listed: Feb 9, 2026
Days on market: 13 · 192 cumulative
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths1

3/4 baths1

Half baths1

1/4 baths0

BasementDaylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Full, Concrete, Sump Pump, Walkout

HeatingForced Air, Fireplace(s)

CoolingCentral Air

Fireplaces2

LaundryElectric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup

AppliancesAir-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler

DiningBreakfast Bar, Breakfast Area, Informal Dining Room, Kitchen/Dining Room

AmenitiesCeiling Fan(s), Dock, Exercise Room, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Paneled Doors, Porch, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet

AccessibilityNone

Special featuresMain Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

RoofAge 8 Years or Less, Asphalt, Pitched

Foundation area2,093 sqft

Patio/porchFront Porch, Patio, Screened

Lot featuresAccessible Shoreline, Tree Coverage - Medium

Road frontageCity Street, Paved Streets, Street Lights, Storm Sewer

Road responsibilityPublic Maintained Road

ZoningShoreline,Residential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Heated Garage

Garage spaces4

Garage size1,146 sqft

Financial details

Annual taxes$22,974.9

Tax year2025

Taxes w/ assessments22974.9

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1250

District phone9524918001

High schoolWestonka

SODL flat fee brokerage

$105,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $105,000

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$22,034/mo

Principal & interest$18,920

Property taxes$1,915

Home insurance (est.)$1,200

Down payment

$720,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.