$2,995,000

440 Stubbs Bay Rd Orono, MN 55356

Estimated payment $17,419/month

Total Views 7,734
5 Beds
7 Baths
6,685 Sq Ft
$448 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Multiple Garages
  • No HOA
  • Schumann Elementary School Rated A-
  • Family Room with Fireplace
  • Wrap Around Porch

About This Home

Nestled in the heart of Orono, this custom built two story offers the perfect blend of quiet luxury and extraordinary livability in the most picturesque of settings. Gorgeous, high-end finishes, thoughtful, custom detailing, and exquisite millwork throughout complement a sun filled interior designed to showcase the stunning exterior spaces and views. With effortless flow between rooms, the grand sized center island kitchen is truly at the heart of the home with adjoining living, family, and sunrooms all seamlessly accessing the outdoors. Walk out from your primary living areas to enjoy the saltwater pool and sprawling wraparound covered porch with fabulous stone fireplace. The upper level includes a large primary suite with spa-like bathroom and charming covered balcony. Three more spacious bedrooms, two additional bathrooms, and a laundry room complete the upper level. High ceilings and abundant natural light continue to the lower level where you will find custom built ins in the family room, a wet bar, game area, wine cellar, exercise room, sauna and second office or theater room. Car or toy enthusiasts will love the oversized (1250 sf) three-car heated garage on the main level as well as the additional 1250 sf four car heated tuck under garage below. Living quarters over the garage are delightful and offer an extra 450 fsf (not included in home’s finished square footage) with a living room, 5th bedroom, and 3⁄4 bathroom. The close in Orono locale is a dream with close proximity to the Orono school campus, a short walk to Lake Minnetonka and the Luce Line Trail, minutes to Wayzata, and easy access to Highway 12 for a quick commute to DT Minneapolis.

Listing Agent

Melissa Olmscheid

Compass Listed on: 04/06/2026

Compass

Co-Listing Agent

Kathleen Murphy

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,480

Year Built

  • Built in 2004

Lot Details

  • Property has an invisible fence for dogs
  • Few Trees

Parking

  • 7 Car Attached Garage
  • Multiple Garages
  • Tuck Under Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Natural lighting in basement

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association
  • Stubbs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3211823130006

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,480

Year Built

Built in 2004

Lot Details

7.17 Acres

Parking

7

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Garage Spaces: 7
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 4531
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Sump Basket, Sump Pump, Tile Shower
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electronic Air Filter, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Other, Stone, Wood Burning
  • Living Area: 6685
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2154
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: Invisible
  • PatioPorchType: Covered, Front Porch, Wrap Around

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Multiple Garages, Tandem Garage, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • LaundryFeatures: Upper Level, Washer Hookup
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony, Exercise Room, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Patio, Panoramic View, Sauna, Security System, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 9524498305

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: W321X977X321X972
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3211823130006
  • Tax Annual Amount: 18480
  • TaxWithAssessments: 18480

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $17,465 $1,555,600 $410,000 $1,145,600
2023 $16,608 $1,537,000 $425,000 $1,112,000
2022 $13,637 $1,360,000 $320,000 $1,040,000
2021 $13,421 $1,134,000 $300,000 $834,000
2020 $14,344 $1,120,000 $300,000 $820,000
2019 $13,943 $1,143,000 $300,000 $843,000
2018 $14,105 $1,097,000 $290,000 $807,000
2017 $14,625 $1,113,000 $260,000 $853,000
2016 $13,146 $1,009,000 $225,000 $784,000
2015 $13,486 $1,034,000 $250,000 $784,000
2014 -- $985,000 $250,000 $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 For Sale $2,995,000 -- $448 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $841,000 Edina Realty Title
Foreclosure Deed $841,000 --
Contract Of Sale $480,000 --
Warranty Deed $350,000 --
Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Closed -- No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7013630

NorthstarMLS

APN: 32-118-23-13-0006

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