With 737 pieces, the LEGO Water Dragon (71754) is a quick but satisfying build. It launched in 2021 under the Ninjago banner at $79.99. The set includes 5 minifigures, adding play and display value.
You're looking at $0.109 per piece, which holds up well against other Ninjago sets.
For the price point, the Water Dragon delivers a clean Ninjago build that's easy to recommend.
Key Features
737 pieces — Solid build size with a good level of detail
5 minifigures — Adds play value and aftermarket appeal
$0.109 per piece — Strong price-per-piece for this theme
Seabound collection — Sought-after corner of the Ninjago lineup
From 2021 — Modern LEGO design and packaging quality
Theme Background
As a 2021 addition to Ninjago, part of the Seabound subcollection, the Water Dragon slots into the more affordable side of Ninjago. Ninjago is consistently one of the top-performing LEGO themes, and at $79.99 this set is priced accordingly. The $0.109 per piece is in line with Ninjago averages.
Collectors following Ninjago specifically should note the Seabound subtheme — it's a category that tends to draw attention and hold value, especially as sets in this tier age out of production.
Why This Set Is Special
Strong part-out value at 1.9x. Parts are worth $152.24 vs $79.99 retail (1.9x ratio). Theme average is 2.0x.
Frequently Asked Questions
[{"q": "How many pieces are in the LEGO Water Dragon (71754)?", "a": "The LEGO Water Dragon (71754) contains 737 pieces, making it a mid-range set. Within the Ninjago theme, it ranks in the top 18% by piece count. This set offers a manageable build that can be completed in a sitting or two, making it a good choice for builders of all experience levels."}, {"q": "What minifigures come with the LEGO Water Dragon (71754)?", "a": "The LEGO Water Dragon (71754) includes a solid complement of 5 minifigures. Minifigures are a key value driver for LEGO sets \u2014 exclusive or rare minifigures can appreciate significantly in value on their own, sometimes commanding high prices on the secondary market."}, {"q": "How much does the LEGO Water Dragon (71754) cost?", "a": "The retail price (MSRP) for the LEGO Water Dragon (71754) is $79.99 in the United States. Regional pricing is \u00a369.99 in the UK, CA$99.99 in Canada, \u20ac79.99 in Europe. This works out to $0.11 per piece. This is a competitive price-per-piece for the Ninjago theme, offering a good balance of piece count and build quality for the price."}, {"q": "Is the LEGO Water Dragon (71754) a good investment?", "a": "The LEGO Water Dragon (71754) shows moderate investment potential based on several factors. Ninjago sets have historically been among the best-performing themes for post-retirement appreciation. As with any LEGO investment, buying at or below retail price maximizes potential returns. Use the BrickBucks price tracker to find the best entry point."}, {"q": "What age is the LEGO Water Dragon (71754) suitable for?", "a": "The LEGO Water Dragon (71754) is recommended for ages 9+. The build is designed to be approachable for younger builders while still providing an enjoyable experience."}, {"q": "How big is the LEGO Water Dragon (71754)?", "a": "The LEGO Water Dragon (71754) measures approximately 54.0cm \u00d7 28.2cm \u00d7 5.9cm (W\u00d7H\u00d7D). It makes for a great display piece that won't take up too much shelf space."}, {"q": "Is the LEGO Water Dragon (71754) still available?", "a": "The LEGO Water Dragon (71754) retired on July 31, 2023 and is no longer available at retail. You can find this set on secondary markets including Amazon, eBay, and BrickLink. Retired Ninjago sets often trade at a premium above their original retail price, with demand typically increasing over time as sealed inventory decreases."}, {"q": "Where can I buy the LEGO Water Dragon (71754)?", "a": "The LEGO Water Dragon (71754) is retired and only available on secondary markets. Check Amazon, eBay, and BrickLink for current listings. Use the BrickBucks price tracker to compare prices across retailers and find the best deal."}]
