$2,600,000

440 Stubbs Bay Rd Orono, MN 55356

Orono Area

Estimated payment $15,803/month

Total Views 935
5 Beds
7 Baths
6,685 Sq Ft
$389 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Family Room with Fireplace
  • Wrap Around Porch
  • Multiple Garages
  • No HOA
  • Stainless Steel Appliances

About This Home

Nestled in the heart of Orono on an incredibly private, picturesque setting, this custom-built two-story estate (with oversized 7 car garage) offers an extraordinary blend of quiet luxury, timeless craftsmanship, and exceptional livability.

Surrounded by nature and designed to embrace its breathtaking surroundings, the home showcases gorgeous high-end finishes, exquisite millwork, and thoughtfully curated custom details throughout. Expansive windows flood every room with natural light while framing peaceful views and creating a seamless connection between the indoors and out.

Designed for both everyday living and effortless entertaining, the grand center-island kitchen serves as the heart of the home, flowing beautifully into the living, family, and sun rooms. Nearly every primary living space opens to the home's spectacular outdoor retreat, where a sprawling covered porch spans almost the entire length of the residence, creating endless opportunities for outdoor dining, relaxing, and entertaining in every season. Overlooking the saltwater pool and anchored by a stunning stone fireplace, this remarkable outdoor living space is as inviting on crisp fall evenings as it is on warm summer days.

The upper level features a luxurious primary suite with a spa-inspired bath and private covered balcony overlooking the tranquil grounds. Three additional spacious bedrooms, two well-appointed bathrooms, and a convenient laundry room complete the upper level.

The walkout lower level continues the home's impressive scale a spacious family room, custom built ins, wet bar, game area, wine cellar, exercise room, sauna, and a second office or theater room.

Automobile collectors, snowmobile and powersports enthusiasts, hobbyists, or anyone seeking exceptional storage will appreciate the property's remarkable heated garage capacity. Offering approximately 2,500 square feet of heated garage space, the home features an oversized 1,250-square-foot garage on the main level plus an additional 1,250-square-foot heated tuck-under garage below—providing room for up to 8 vehicles or extensive space for recreational equipment, workshops, and storage.

Above the garage, delightful guest quarters or an office with a private entrance provide an additional 450 finished square feet (not included in the home's finished square footage) featuring a living room, fifth bedroom, and three-quarter bath.

Completing this exceptional offering is an unbeatable close-in Orono location, just minutes from the Orono school campus, a short walk to Lake Minnetonka and the Luce Line Trail, moments from Wayzata, and with convenient access to Highway 12 for an easy commute to downtown Minneapolis.

Listing Agent

Melissa Olmscheid

Compass Listed on: 08/10/2026

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

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Stone Exterior 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
  • Outside Features: Stone, Wood
  • 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, 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
  • Foundation Details: Poured Concrete
  • 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

  • Waterfront YN: No
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,480 $1,653,400 $450,000 $1,203,400
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/10/2026 08/10/26 For Sale $2,600,000 -- $389 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $600,000 Commercial
Closed $415,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7122077

NorthstarMLS

APN: 32-118-23-13-0006

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