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$5,475,000

  • 4 beds
  • 6 baths
  • 4,312 sqft

1397 Orono Lane, Wayzata, MN 55391

For sale Est. —/mo

  • House · Single Family
  • Built in 1938
  • 0.59 acres lot
  • $1,270/sqft
  • 3-car garage

Overview

46 days on market MLS # 7101751 Virtual tour

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.

Facts & features

Interior

  • Bedrooms: 4
  • Bathrooms: 6 (2 full, 4 three-quarter)
  • Finished sqft: 4,312
  • Above grade sqft: 3,173
  • Below grade sqft: 1,139
  • Basement: Finished, Full, Storage Space, Tile Shower
  • Heating: Boiler, Forced Air, Fireplace(s), In-Floor Heating
  • Cooling: Central Air
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • Laundry: In Basement, Lower Level, Main Level
  • Fireplaces: 1 (Gas, Living Room)

Property

  • Parking: Attached Garage, Driveway - Other Surface, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Storage
  • Garage spaces: 3
  • Lot size: 0.59 acres
  • Lot dimensions: Irregular
  • Lot features: Accessible Shoreline, Tree Coverage - Light
  • Exterior features: Other
  • Fencing: Other, Partial
  • Waterfront: Dock, Lake Front, Lake View
  • View: Bay, Lake, South

Construction

  • Home type: House (Single Family)
  • Levels: One and One Half
  • Year built: 1938
  • Roof: Composition

Utilities

  • Sewer: City Sewer/Connected
  • Water: Well

Community & HOA

  • Subdivision: Homes On Browns Bay

Taxes & location

  • Annual taxes: $48,705 (2026)
  • County: Hennepin
  • School district: Orono

Listing

  • Status: For sale
  • Listed: Sep 4, 2026
  • Days on market: 46
  • MLS #: 7101751

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of Compass

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 20, 2026.