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.
Closed
$3,500,000
1397 Orono Ln, Wayzata, MN 55391
5beds
3,536sqft
Single Family Residence
Built in 1938
0.62 Acres Lot
$3,546,300 Zestimate®
$990/sqft
$5,664 Estimated rent
Home value
$3,546,300
$3.37M - $3.72M
$5,664/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 02, 2025 at 01:29pm
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#: 6722467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 3
Bedroom 1
- 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)
Features
- Basement: Finished,Full,Storage Space
- Number of fireplaces: 2
- Fireplace features: Electric, Gas, Living Room
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), Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 116
Lot
- Size: 0.62 Acres
- Features: Accessible Shoreline, Wooded
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
- Other
- Roof: Age 8 Years or Less,Composition,Slate
Condition
- Age of Property: 87
- 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
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Sold | $3,500,000-6.7%$990/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6722467 | ||
| 8/27/2025 | Pending sale | $3,750,000$1,061/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722467 | ||
| 6/18/2025 | Price change | $3,750,000-6.1%$1,061/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722467 | ||
| 5/19/2025 | Listed for sale | $3,995,000-24.6%$1,130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722467 | ||
| 6/21/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6540194 | ||
Public tax history
| Year | Property taxes | Tax 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% |
Find assessor info on the county website
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Orono Intermediate Elementary SchoolGrades: 3-5Distance: 2.6 mi
- 8/10Orono Middle SchoolGrades: 6-8Distance: 2.7 mi
- 10/10Orono Senior High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$3,546,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,546,300