Estimated payment $11,998/month
Highlights
- 75 Feet of Waterfront
- Beach Access
- No HOA
- Hilltop Primary School Rated A
About This Lot
4485 North Shore Drive, Orono, MN 55364
Offered at $1,930,000 for the LOT ONLY, 75 ft of Premier Lakeshore on Lake Minnetonka, Closed Builder Lot with Omni Custom Builders. The Design Process will begin within 10 days of a signed Design Plan Preparation Agreement. Construction to follow within 30 days of permit release from the City. Call for further details.
Situated on one of the most coveted stretches of Lake Minnetonka’s West Arm, this exceptional property offers 75 feet of SE facing shoreline on Jennings Bay, a serene enclave known for its recreational charm, fishing potential, and natural beauty.
Positioned in highly sought after Orono, this gradually sloped lot is primed for a luxury home design by David Charlez Designs and is available exclusively through Omni Custom Builders, a premier Twin Cities luxury builder. The vision for this estate includes a stunning walk out lower level that embraces panoramic lake views, while offering timeless architecture and refined lakeside living.
A Rare Grandfathered Cottage, that is Just 40 Feet from the Shoreline adds unmatched versatility to this offering. The 635 sq ft structure may be completely renovated into a lakeside guest house, boathouse, or private entertaining space. With its own kitchen, living room, bathroom, bedroom, and deck, it’s the perfect retreat for guests or a picturesque escape right on the shoreline. Alternatively, it can be removed entirely to suit your custom vision.
Lake Minnetonka’s West Arm, Jennings Bay Highlights
Lake Minnetonka is one of Minnesota’s most prestigious and activity rich lakes, offering over 14,000 acres of interconnected water. Jennings Bay, part of the quieter West Arm, provides a peaceful yet recreationally robust setting.
• Water & Fishing Conditions
Weedlines between 22–26 feet hold strong walleye populations, while panfish, northern pike, largemouth bass, and crappies are abundant year-round. In winter, ice fishing thrives thanks to reliable freeze patterns and productive structures near shore.
• Year-Round Recreation
In warmer months, Jennings Bay comes alive with boating, paddleboarding, jet skiing, sailing, and peaceful cruises at sunset. Fall brings brilliant foliage reflections and peak walleye season. Come winter, enjoy snowmobiling, cross-country skiing, and ice angling on 12–18” of lake ice.
• Conservation & Community Stewardship
Local organizations such as the Minnehaha Creek Watershed District (MCWD) and Lake Minnetonka Conservation District (LMCD) maintain a strong commitment to ecological health, offering invasive species mitigation, including a permit-based carp bow-fishing program, and shoreline preservation programs to ensure lake vitality for generations to come.
Life Near 4485 North Shore Drive
Just minutes from the heart of downtown Wayzata, this property offers access to upscale dining, boutique shopping, championship golf courses, and top-rated schools. You’re also a short drive to Orono’s scenic trails, the Luce Line State Trail, and some of the most exclusive marinas and yacht clubs on the lake.
The Opportunity
This is more than a lake lot, it’s a lifestyle investment. With architectural plans already envisioned and the builder partnership secured, you’re not just buying land, you’re stepping into a luxury legacy on Minnesota’s most iconic lake. Whether you choose to renovate the shoreline cottage or design from the ground up, this property offers an extraordinary foundation for your dream lakeside estate.
4485 North Shore Drive offers the rare combination of waterfront serenity, all-season recreation, and elevated design potential, available now for your vision to take shape.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,058
Lot Details
- Lot Dimensions are 100 x 310 x 75 x 290
- 75 Feet of Waterfront
- Lake Front
Utilities
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 0711723310004
Community Details
Overview
- No Home Owners Association
- Bergquists Add To Saga Hill Community
- Bergquists Add To Saga Hill Subdivision
Recreation
- Beach Access
Map
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 | $15,461 | $1,542,300 | $1,508,600 | $33,700 |
| 2022 | $11,042 | $1,259,000 | $1,226,000 | $33,000 |
| 2021 | $10,668 | $1,055,000 | $1,022,000 | $33,000 |
| 2020 | $10,266 | $1,015,000 | $982,000 | $33,000 |
| 2019 | $9,797 | $926,000 | $893,000 | $33,000 |
| 2018 | $9,844 | $882,000 | $827,000 | $55,000 |
| 2017 | $9,774 | $837,000 | $827,000 | $10,000 |
| 2016 | $8,086 | $705,000 | $675,000 | $30,000 |
| 2015 | $8,271 | $705,000 | $675,000 | $30,000 |
| 2014 | -- | $528,000 | $500,000 | $28,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | For Sale | $1,930,000 | +26.6% | -- |
| 06/11/2025 06/11/25 | Sold | $1,525,000 | -9.0% | $866 / Sq Ft |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- |
| 01/03/2025 01/03/25 | Price Changed | $1,675,000 | -6.9% | $952 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $1,799,000 | +18.0% | $1,022 / Sq Ft |
| 12/30/2024 12/30/24 | Off Market | $1,525,000 | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $1,799,000 | -- | $1,022 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,525,000 | Stewart Title | |
| Warranty Deed | $267,000 | -- | |
| Warranty Deed | $180,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,185,000 | Construction | |
| Previous Owner | $710,000 | Credit Line Revolving | |
| Closed | -- | No Value Available | |
| Closed | $32,000 | No Value Available |
Source: NorthstarMLS
MLS Number: 6733658
APN: 07-117-23-31-0004
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