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  • $3,500,000

    1397 Orono Ln, Wayzata, MN 55391

    5beds
    3,536sqft
    Single Family Residence
    Built in 1938
    0.62 Acres Lot
    $3,868,500 Zestimate®
    $990/sqft
    $7,230 Estimated rent

    Home value

    $3,868,500

    $3.44M - $4.37M

    $7,230/mo

    Zestimate® history
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    What's special

    Incredible opportunity to own a like-new John Kraemer & Sons custom built home. Current owner recently reconfigured main level primary bath, added additional bedroom and bathroom on second level, and enhanced landscaping and privacy. Enjoy main level living along with a gourmet kitchen, sun filled rooms, sauna, steam shower, and three car garage. This home has beautiful southern water views on Browns Bay with 116 feet of shoreline. Situated on 2/3 acre with a sweeping lawn, large paver patio and screened in porch. Convenient location just minutes from Downtown Wayzata and easy highway access.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie R Regan 651-707-6065,

    Lakes Sotheby's International Realty,

    Jeffrey D Hornig 952-230-3101

    Bought with:

    Elizabeth C Ulrich

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6722467MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    Bedroom
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Bedroom 2
    • Level: Upper
    • Area: 162 Square Feet
    • Dimensions: 18x9
    Bedroom 3
    • Level: Upper
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Bedroom 4
    • Level: Upper
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 5
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Den
    • Level: Lower
    • Area: 91 Square Feet
    • Dimensions: 13x7
    Dining room
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Exercise room
    • Level: Lower
    • Area: 320 Square Feet
    • Dimensions: 20x16
    Kitchen
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Living room
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 17x13
    Mud room
    • Level: Lower
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Sauna
    • Level: Lower
    • Area: 28 Square Feet
    • Dimensions: 7x4
    Screened porch
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Storage
    • Level: Lower
    • Area: 320 Square Feet
    • Dimensions: 20x16
    Walk in closet
    • Level: Upper
    • Area: 70 Square Feet
    • Dimensions: 10x7
    Heating
    • Boiler, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s)
    • Laundry: Lower Level, Laundry Room, Other, Sink
    Features
    • Basement: Finished,Full,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Electric, Gas, Living Room, Other
    Interior area
    • Total structure area: 3,536
    • Total interior livable area: 3,536 sqft
    • Finished area above ground: 2,397
    • Finished area below ground: 1,139

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Storage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Patio, Porch, Rear Porch, Screened
    • Has view: Yes
    • View description: Lake, South
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Lake View, Waterfront Elevation(10-15)
    • Frontage length: Water Frontage: 116
    Lot
    • Size: 0.62 Acres
    • Features: Accessible Shoreline, Tree Coverage - Light
    Details
    • Foundation area: 1638
    • Parcel number: 0211723340007
    • Zoning description: Shoreline,Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age 8 Years or Less,Composition,Slate
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: Well

    Community & neighborhood

    Location
    • Region: Wayzata

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/2/2025Sold$3,500,000-6.7%$990/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
    8/27/2025Pending sale$3,750,000$1,061/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
    6/18/2025Price change$3,750,000-6.1%$1,061/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
    5/19/2025Listed for sale$3,995,000-24.6%$1,130/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
    6/21/2024Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6540194 Report a problem
    5/28/2024Listed for sale$5,295,000+26.8%$1,497/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6540194 Report a problem
    10/27/2023Sold$4,175,000-16.4%$1,181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
    7/14/2023Pending sale$4,995,000$1,413/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
    2/15/2023Listed for sale$4,995,000+132.3%$1,413/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
    8/10/2021Sold$2,150,000+53.6%$608/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6002838 Report a problem
    5/4/2018Sold$1,400,000+0.4%$396/sqft
    Source: Public Record Report a problem
    4/8/2018Pending sale$1,395,000$395/sqft
    Source: Coldwell Banker Burnet - Wayzata #4903615 Report a problem
    1/29/2018Listed for sale$1,395,000$395/sqft
    Source: Coldwell Banker Burnet #4903615 Report a problem
    12/6/2015Listing removed$1,395,000$395/sqft
    Source: Coldwell Banker Burnet - Wayzata #4607732 Report a problem
    7/30/2015Price change$1,395,000-3.8%$395/sqft
    Source: Coldwell Banker Burnet - Wayzata #4607732 Report a problem
    6/6/2015Listed for sale$1,450,000-14.5%$410/sqft
    Source: Coldwell Banker Burnet - Wayzata #4607732 Report a problem
    2/28/2015Listing removed$3,250$1/sqft
    Source: Home Rental Systems Report a problem
    10/22/2014Listed for rent$3,250$1/sqft
    Source: Home Rental Systems, Inc. Report a problem
    10/22/2014Listing removed$1,695,000$479/sqft
    Source: Coldwell Banker Burnet - Wayzata #4469486 Report a problem
    5/1/2014Price change$1,695,000-8.4%$479/sqft
    Source: Coldwell Banker Burnet - Wayzata #4469486 Report a problem
    4/22/2014Listed for sale$1,850,000$523/sqft
    Source: Coldwell Banker Burnet - Wayzata #4469486 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,270 +36.6%$4,217,000 +18.5%
    2024$30,206 +20.1%$3,560,000 +30.6%
    2023$25,156 +30.3%$2,726,000 +21.4%
    2022$19,306 +3.5%$2,245,000 +43%
    2021$18,654 +5.2%$1,570,000 +3%
    2020$17,727 -5%$1,524,000 +9.4%
    2019$18,654 +5.2%$1,393,000 -3.3%
    2018$17,727 -4.7%$1,441,000 +10.3%
    2017$18,607 +7.1%$1,307,000 +15.3%
    2016$17,381 +16.5%$1,134,000 +3.6%
    2015$14,924 +4%$1,095,000 +0.3%
    2014$14,354 -4%$1,092,000 -4.8%
    2013$14,952 -13.5%$1,147,000 -17.3%
    2012$17,281 -1.6%$1,387,000 -7%
    2011$17,561 +4.1%$1,492,000 -3.9%
    2010$16,866 -6.9%$1,552,000 -8.2%
    2009$18,109 +64.4%$1,691,400 +52.1%
    2006$11,018 +12.1%$1,112,200 +15%
    2005$9,828 +9.2%$967,200 +17.1%
    2004$9,003 +8.5%$826,000 +15.6%
    2002$8,299 -41.8%$714,800
    2001$14,265 --

    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

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    Estimated market value
    $3,868,500
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    Estimated market value
    $3,868,500