$2,150,000
Orono, MN 55356
MLS# 6419778
Status: Closed
4 beds | 3 baths | 5057 sqft
1 / 76
Property Description
Located at the end of quiet North Arm Bay this unique, rarely available acreage property is the ideal lakeside location to stretch out and relax with family and friends. Enter through the picturesque wooded winding driveway to the expansive 4.63 acres offering 90' of direct lakeshore. Although the value is completely in the land, the current dwelling is very livable and is highly suitable for a renovation, or leverage the extraordinarily large building pad to construct a beautiful new dwelling with modern amenities. Given the size of the property the recreational design options are endless with plenty of room for inground pools, sports courts, green space, and lakeside living as well as the potential for an optional outbuilding with city approval. Enjoy unsurpassed privacy in the coveted Orono school district and easy lakeside living on one of Lake Minnetonka's favorite bays. Immediately available for occupancy and open to all Builders.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-12-15
Contingency: None
Current Price: $2,150,000
Closed Date: 2024-02-14
Original List Price: 2649900
Sales Close Price: 2150000
ListPrice: 2495000
List Date: 2023-09-06
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
# Carport Spaces: 0
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 90
Waterfront YN: Yes
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: Irregular
Acres: 4.63
Bath Three Quarters: 0
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 1663
Above Grd Total SqFt: 3319
Below Grd Total SqFt: 1738
Total SqFt: 5057
Total Finished Sqft: 4489.00
FireplaceYN: Yes
Foundation Size: 1738
Style: (SF) Single Family
Garage Stalls: 2
Power Company: Xcel Energy
Association Fee: 0
Bedrooms: 4
Baths Total: 3
Bath Full: 2
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: REG. LAND SURVEY NO. 0748 TRACT D
Listing City: Orono
Map Page: 103
Municipality: Orono
Rental License?: No
School District: Orono
School District Phone: 952-449-8305
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 9761
Property ID Number: 0611723410088
Tax Year: 2023
Tax Amount: 21198.16
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Located at the end of quiet North Arm Bay this unique, rarely available acreage property is the ideal lakeside location to stretch out and relax with family and friends. Enter through the picturesque wooded winding driveway to the expansive 4.63 acres offering 90' of direct lakeshore. Although the value is completely in the land, the current dwelling is very livable and is highly suitable for a renovation, or leverage the extraordinarily large building pad to construct a beautiful new dwelling with modern amenities. Given the size of the property the recreational design options are endless with plenty of room for inground pools, sports courts, green space, and lakeside living as well as the potential for an optional outbuilding with city approval. Enjoy unsurpassed privacy in the coveted Orono school district and easy lakeside living on one of Lake Minnetonka's favorite bays. Immediately available for occupancy and open to all Builders.
Directions: Bayside Road or North Shore Drive to Tonkawa Road to home.
Accessible
None: 1
Air Conditioning
Central Air: 1
Appliances
Cooktop: 1
Dishwasher: 1
Double Oven: 1
Freezer: 1
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 21198.16
Basement
Full: 1
Bath Description
Main Floor 1/2 Bath: 1
Upper Level 3/4 Bath: 1
Full Primary: 1
Private Primary: 1
Building Information
Finished SqFt Above Ground: 3319
Finished SqFt Below Ground: 1170
Construction Materials
Block: 1
Frame: 1
Construction Status
Previously Owned: 1
Dining Room Description
Breakfast Bar: 1
Eat In Kitchen: 1
Separate/Formal Dining Room: 1
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 40+
Elevation Highpoint to Waterfront Slope
Gradual: 1
Exterior
Brick/Stone: 1
Wood: 1
Family Room Characteristics
Family Room: 1
Great Room: 1
Lower Level: 1
Main Level: 1
Financing Terms
Cash: 1
Fireplace Characteristics
Family Room: 1
Living Room: 1
Wood Burning: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Acres: 14205
Lake Depth: 113
Soft: 1
Laundry
Main Level: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 21X19
Garage Square Feet: 440
Patio, Porch and Deck Features
Patio: 1
Pool Description
Below Ground: 1
Property Subtype
Acreage: 1
Public Survey Info
Range#: 23
Section#: 06
Township#: 117
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Asphalt Shingles: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
4 BR on One Level: 1
Main Floor Laundry: 1
Primary Bdr Suite: 1
Stories
Two: 1
Water
Well: 1
Waterfront View
Bay: 1
Lake: 1
West: 1
Location Tax and Other Information
House Number: 425
Street Name: Tonkawa
Street Suffix: Road
Postal City: Orono
County: Hennepin
State: MN
Zip Code: 55356
Property Features
Accessible: None
Air Conditioning: Central Air
Appliances: Cooktop; Dishwasher; Double Oven; Freezer; Refrigerator
Basement: Full
Bath Description: Main Floor 1/2 Bath; Upper Level 3/4 Bath; Full Primary; Private Primary
Construction Materials: Block; Frame
Construction Status: Previously Owned
Dining Room Description: Breakfast Bar; Eat In Kitchen; Separate/Formal Dining Room
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Brick/Stone; Wood
Family Room Characteristics: Family Room; Great Room; Lower Level; Main Level
Financing Terms: Cash
Fireplace Characteristics: Family Room; Living Room; Wood Burning
Fuel: Natural Gas
Heating: Forced Air
Lake Details: Soft
Laundry: Main Level
Lock Box Type: Combo
Pool Description: Below Ground
Property Subtype: Acreage
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite
Stories: Two
Water: Well
Waterfront View: Bay; Lake; West
Room Information
| Room Name | Dimensions | Level |
| Third (3rd) Bedroom | 16x13 | Upper |
| Second (2nd) Bedroom | 13x13 | Upper |
| First (1st) Bedroom | 17x13 | Upper |
| Kitchen | 18x14 | Main |
| Bonus Room | 16x12 | Upper |
| Fourth (4th) Bedroom | 15x12 | Upper |
| Family Room | 20x20 | Main |
| Dining Room | 12x10 | Main |
| Living Room | 24x17 | Main |
Listing Office: Compass
Last Updated: August - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.