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  • $5,665,000

    1397 Orono Ln, Wayzata, MN 55391

    4beds
    4,312sqft
    : 
    $37,856/mo
    Get pre-qualified
    Single Family
    Built in 1938
    0.59 Acres Lot
    $-- Zestimate®
    $1,314/sqft
    $-- HOA

    What's special

    Welcome to 1397 Orono Lane, a stunning south-facing Lake Minnetonka retreat on Browns Bay, ideally located just minutes from downtown Wayzata. Extensively remodeled in 2026 by John Kraemer & Sons Inc, this thoughtfully reimagined home offers an exceptional floor plan along with beautiful lake views throughout. The redesigned main level centers around the reimagined chef's kitchen featuring a spacious center island, stainless steel appliances, a stylish walk-in pantry, and separate refrigerator and freezer. The reimagined primary suite offers the ultimate in comfort with a private laundry area, spa-like en-suite bathroom with separate soaking tub and shower, and an incredible walk-in closet with custom organizational components. Step directly from the primary bedroom onto the outdoor patio and enjoy the serene lake setting. A newly added main-level guest bedroom features a charming window seat, walk-in closet, private 3/4 bathroom, and access to the pocket office. The main level also includes a welcoming living room with gas fireplace, a screened porch with Phantom Screens, and expansive lake views from nearly every room. Upstairs, discover two additional bedrooms and a bonus room that could be used for storage, a playroom, or hobby space. The lower level adds even more functionality with a second laundry area complete with drying racks, a sauna/infrared light sauna, and another spacious bonus room perfectly suited for a home gym, hobby room, or additional flex space. Outside, enjoy beautifully manicured landscaping, a large paver patio, screened-in porch, and 116 feet of pristine Lake Minnetonka shoreline. The heated three-stall garage features epoxy flooring and a dedicated hangout area with TV, creating an ideal space for lake days, entertaining, and relaxing year-round. An exceptional opportunity to enjoy a beautifully updated home, stunning lake views, and the best of Lake Minnetonka living just minutes from Wayzata.
    19 days
    1,255
    55

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth C Ulrich 612-964-7184,

    Compass,

    Chelsey Danielson 612-327-1193

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7101751MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 2
      • 3/4 bathrooms: 4
      Bedroom
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 16x18
      Bedroom 2
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Bedroom 3
      • Level: Upper
      • Area: 126 Square Feet
      • Dimensions: 14x9
      Bedroom 4
      • Level: Upper
      • Area: 256 Square Feet
      • Dimensions: 16x16
      Primary bathroom
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 10x18
      Bonus room
      • Level: Upper
      • Area: 153 Square Feet
      • Dimensions: 17x9
      Dining room
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Exercise room
      • Level: Lower
      • Area: 98 Square Feet
      • Dimensions: 7x14
      Kitchen
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Laundry
      • Level: Main
      • Area: 45 Square Feet
      • Dimensions: 9x5
      Living room
      • Level: Main
      • Area: 324 Square Feet
      • Dimensions: 18x18
      Office
      • Level: Main
      • Area: 70 Square Feet
      • Dimensions: 7x10
      Other
      • Level: Main
      • Area: 81 Square Feet
      • Dimensions: 9x9
      Sun room
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 12x16
      Walk in closet
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Heating
      • Boiler, Forced Air, Fireplace(s), In-Floor Heating
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler
      • Laundry: In Basement, Lower Level, Main Level
      Features
      • Basement: Finished,Full,Storage Space,Tile Shower
      • Number of fireplaces: 1
      • Fireplace features: Gas, Living Room
      Interior area
      • Total structure area: 4,598
      • Total interior livable area: 4,312 sqft
      • Finished area above ground: 3,173
      • Finished area below ground: 1,139
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway - Other Surface, Floor Drain, Garage, Garage Door Opener, Heated Garage, Storage
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (18x47), Garage Door Height (7), Garage Door Width (16)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Covered, Patio, Porch, Rear Porch, Screened
      • Fencing: Other,Partial
      • Has view: Yes
      • View description: Bay, Lake, South
      • Has water view: Yes
      • Water view: Bay,Lake
      • Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(10-15)
      • Frontage length: Water Frontage: 116
      Lot
      • Size: 0.59 Acres
      • Features: Accessible Shoreline, Tree Coverage - Light
      Details
      • Foundation area: 1727
      • Parcel number: 0211723340007
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1938

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Homes On Browns Bay
      HOA
      • Has HOA: No
      Location
      • Region: Wayzata

      Financial & listing details

      • Price per square foot: $1,314/sqft
      • Tax assessed value: $4,217,000
      • Annual tax amount: $48,705
      • Date on market: 9/4/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/9/2026Listed for sale$5,665,000+61.9%$1,314/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7101751 Report a problem
        10/2/2025Sold$3,500,000-6.7%$812/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
        8/27/2025Pending sale$3,750,000$870/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
        6/18/2025Price change$3,750,000-6.1%$870/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6722467 Report a problem
        5/19/2025Listed for sale$3,995,000-24.6%$926/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%$1,228/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6540194 Report a problem
        10/27/2023Sold$4,175,000-16.4%$968/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
        7/14/2023Pending sale$4,995,000$1,158/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
        2/15/2023Listed for sale$4,995,000+132.3%$1,158/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6269334 Report a problem
        8/10/2021Sold$2,150,000+53.6%$499/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6002838 Report a problem
        5/4/2018Sold$1,400,000+0.4%$325/sqft
        Source: Public Record Report a problem
        4/8/2018Pending sale$1,395,000$324/sqft
        Source: Coldwell Banker Burnet - Wayzata #4903615 Report a problem
        1/29/2018Listed for sale$1,395,000$324/sqft
        Source: Coldwell Banker Burnet #4903615 Report a problem
        12/6/2015Listing removed$1,395,000$324/sqft
        Source: Coldwell Banker Burnet - Wayzata #4607732 Report a problem
        7/30/2015Price change$1,395,000-3.8%$324/sqft
        Source: Coldwell Banker Burnet - Wayzata #4607732 Report a problem
        6/6/2015Listed for sale$1,450,000-14.5%$336/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$393/sqft
        Source: Coldwell Banker Burnet - Wayzata #4469486 Report a problem
        5/1/2014Price change$1,695,000-8.4%$393/sqft
        Source: Coldwell Banker Burnet - Wayzata #4469486 Report a problem
        4/22/2014Listed for sale$1,850,000$429/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

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        Payment breakdown

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        Climate risks

        Neighborhood: 55391

        Getting around

        6 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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