1397 Orono Ln Wayzata, MN 55391
Estimated payment $24,150/month
Total Views
9,072
5
Beds
4
Baths
3,536
Sq Ft
$1,061
Price per Sq Ft
Highlights
- 116 Feet of Waterfront
- Beach Access
- Living Room with Fireplace
- Schumann Elementary School Rated A-
- Lake View
- Main Floor Primary Bedroom
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,270
Year Built
- Built in 1938
Lot Details
- 0.62 Acre Lot
- 116 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Garage Door Opener
Home Design
- Slate Roof
- Composition Roof
Interior Spaces
- 1.5-Story Property
- Electric Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Den
- Screened Porch
- Storage Room
- Washer and Dryer Hookup
- Utility Room Floor Drain
- Home Gym
- Lake Views
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Boiler Heating System
- Well
Community Details
- No Home Owners Association
- Sauna
Listing and Financial Details
- Assessor Parcel Number 0211723340007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $30,206 | $2,726,000 | $2,201,000 | $525,000 |
| 2022 | $19,306 | $2,245,000 | $1,821,000 | $424,000 |
| 2021 | $18,654 | $1,570,000 | $1,273,000 | $297,000 |
| 2020 | $17,727 | $1,524,000 | $1,235,000 | $289,000 |
| 2019 | $18,675 | $1,393,000 | $1,123,000 | $270,000 |
| 2018 | $18,607 | $1,441,000 | $1,170,000 | $271,000 |
| 2017 | $17,381 | $1,307,000 | $1,071,000 | $236,000 |
| 2016 | $14,924 | $1,134,000 | $1,052,000 | $82,000 |
| 2015 | $14,354 | $1,095,000 | $1,013,000 | $82,000 |
| 2014 | -- | $1,092,000 | $1,013,000 | $79,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Price Changed | $3,750,000 | -6.1% | $1,061 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $3,995,000 | -4.3% | $1,130 / Sq Ft |
| 10/27/2023 10/27/23 | Sold | $4,175,000 | -16.4% | $1,304 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 02/13/2023 02/13/23 | For Sale | $4,995,000 | -- | $1,560 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Rerecorded Deed | $4,175,000 | Burnet Title | |
| Warranty Deed | $2,150,000 | Burnet Title | |
| Warranty Deed | $2,150,000 | Burnet Title | |
| Warranty Deed | $2,150,000 | Burnet Title | |
| Warranty Deed | $1,400,000 | Executive Associates Title | |
| Warranty Deed | $1,400,000 | Executive Associates Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,100,000 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $1,720,000 | New Conventional | |
| Previous Owner | $1,720,000 | New Conventional | |
| Previous Owner | $1,120,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 6722467
APN: 02-117-23-34-0007
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