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348 W Lake Street

Orono, MN 55356

4 beds
5 baths
5,193 sqft
~3/4 acre lot
$707 per sqft
2025 build
– on site

AMAZING OPPORTUNITY ON STUBBS BAY. GREAT UP NORTH SETTING WITH THIS PERFECTLY LOCATED PROPERTY IN HIGH DEMAND ORONO SCHOOLS AND AN ORONO ADDRESS. SUPER CONVENIENT TO HIGHWAY 12 AND DOWNTOWN LONG LAKE AND WAYZATA. PRIVATE LOCATION WITH EXTRA DEEP LOT CREATES A VERY UNIQUE AND RARE SETTING. THIS HOME FEATURES NEARLY 5200 FINISHED SQUARE FEET AND 51' OF LAKESHORE FRONTAGE AND 571' DEEP LOT WHICH CREATES AND AMAZING ENTRANCE. OPPORTUNITY FOR ANOTHER DETACHED STRUCTURE TO BE ADDED AS WELL. REACH OUT FOR MORE DETAILS AND HURRY WHILE YOU CAN STILL MAKE SELECTIONS ON THIS ONE OF A KIND PROPERTY.

Listing courtesy of NORTHSTAR / Robert Monson / RE/MAX Results

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 6674438 —

The Building

Year Built:

2025
New Construction:

true
Builder Name:

LDK BUILDERS INC
Construction Materials:

Brick/Stone, Fiber Cement
Roof:

Architectural Shingle
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1321.0000
Basement:

Finished, Full
Basement:

true
Foundation Area:

2010
Manufactured Home:

No
Building Area Total:

5263
Above Grade Finished Area:

3253
Below Grade Finished Area:

1940

Interior

Dining Room Description:

Eat In Kitchen
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Family Room, Gas

Room Dimensions

Living Area:

5193

Location

Directions:

Bayside Rd to West Lake Street, Home is on the left.
Latitude:

44.972334
Longitude:

-93.621942

The Property

Parcel Number:

0511723230014
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Accessible Shoreline, Tree Coverage - Medium
Lot Size Area:

0.65
Lot Size Dimensions:

Irregular
Lot Size SqFt:

28314
Lot Size Units:

Acres
View:

East, Lake, Panoramic
Lake Chain:

N
Lake Acres:

14205
Lake Depth:

113
Water Body Name:

Minnetonka
Waterfront Slope:

Gradual
Waterfront Feet:

51
Waterfront Elevation:

4-10
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

13909
Tax With Assessments:

13909.0700

Beds

Bedrooms Total:

4

Baths

Total Baths:

5
Bath Description:

3/4 Basement,Bathroom Ensuite,Private Primary,Separate Tub & Shower,Upper Level Full Bath
Full Baths:

2
Three Quarter Baths:

2
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

200+ Amp Service
Sewer:

City Sewer/Connected

Schools

High School District:

Orono

The Community

Subdivision Name:

Hillside Park
Waterfront:

true
Waterfront Features:

Lake Front
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage
Garage Spaces:

3
Garage Dimensions:

30X28
Garage SqFt:

840

Monthly cost estimate

Asking price

$3,675,000

Expense	Monthly cost
Mortgage	$19,678
Taxes	$1,159
Insurance	$1,010
Utilities	$201 See report
Total	$22,048/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
2/21/25 Feb 21, 2025	Relisted	NORTHSTAR	$3,675,000	162.7%
8/27/24 Aug 27, 2024		NORTHSTAR	$1,399,000	-0.1%
8/27/24 Aug 27, 2024		NORTHSTAR	$1,400,000

House For Sale

$3,675,000

Cost Est.

$22,048/mo.

Listing provided by broker:

Robert Monson

RE/MAX Results

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This house located in Orono, MN 55356 is currently for sale for $3,675,000. 348 W Lake Street is a 5,193 square foot house with 4 beds and 5 baths that has been on Estately for 1 days. This house is in the attendance area of Orono Schumann Elementary School, Orono Middle School, Orono Intermediate School, and Orono High School.

Listing Courtesy of: NORTHSTAR and RE/MAX Results.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.