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.