550 Orono Orchards Rd S Wayzata, MN 55391
Estimated payment $13,613/month
Highlights
- Vaulted Ceiling
- Mud Room
- Game Room
- Schumann Elementary School Rated A-
- No HOA
- Home Office
About This Home
Situated in close-in Orono, just minutes from Downtown Wayzata, this home exemplifies thoughtful design with a seamless blend of elegance and everyday functionality. Upon entering, you'll be welcomed by archways and transom windows that create an open, airy atmosphere. The great room features beamed ceilings and the gourmet kitchen impresses with a striking combination of enameled cabinetry and natural wood. Adjacent to the kitchen, a well-appointed scullery enhances the home's function. Throughout the home, curated accents include wallpaper, textured tile selections, and a harmonious blend of crisp white walls and countertops with natural wood details, crafting a cohesive and fresh aesthetic. The main level's primary suite offers a vaulted ceiling and double doors leading to the back patio, providing a perfect view of the private backyard. The suite also includes a luxurious full bathroom with a double vanity, makeup vanity, soaking tub, and walk-in shower. The mudroom, which has exterior access, features a convenient dog wash, ideal for pet owners. On the upper level, the home provides three additional bedrooms and a laundry room. The finished lower level offers ample space with flexible uses and is ready for future enhancements, such as a bar, theater, or additional bedroom. The expansive fenced backyard features a paver patio level with the yard and is prepped for a future pool installation, adding further potential to this exceptional property. Idyllic location within Orono School District, 1/2 block bike ride to hop on the trail system and downtown Wayzata's dining and shopping district just minutes away!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,250
Year Built
- Built in 2023
Lot Details
- 0.61 Acre Lot
- Property is Fully Fenced
Parking
- 3 Car Attached Garage
Interior Spaces
- 1.5-Story Property
- Vaulted Ceiling
- Mud Room
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Game Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
Bedrooms and Bathrooms
- 5 Bedrooms
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Storage
- Basement Window Egress
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Filtration System
- Private Water Source
- Well
- Water Softener is Owned
Community Details
- No Home Owners Association
- Minnetonka Bluffs Subdivision
Listing and Financial Details
- Assessor Parcel Number 0211723310006
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 |
|---|---|---|---|---|
| 2024 | $6,250 | $611,300 | $214,500 | $396,800 |
| 2023 | $3,121 | $334,500 | $209,000 | $125,500 |
| 2022 | $2,786 | $291,000 | $160,000 | $131,000 |
| 2021 | $2,640 | $273,000 | $160,000 | $113,000 |
| 2020 | $2,487 | $261,000 | $149,000 | $112,000 |
| 2019 | $2,684 | $237,000 | $127,000 | $110,000 |
| 2018 | $2,719 | $248,000 | $149,000 | $99,000 |
| 2017 | $2,645 | $236,000 | $149,000 | $87,000 |
| 2016 | $2,624 | $230,000 | $149,000 | $81,000 |
| 2015 | $2,509 | $218,000 | $149,000 | $69,000 |
| 2014 | -- | $214,000 | $156,000 | $58,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $2,489,000 | -- | $597 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $390,000 | -- | |
| Warranty Deed | $285,000 | -- | |
| Warranty Deed | $182,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $351,000 | Balloon |
Source: NorthstarMLS
MLS Number: 6715312
APN: 02-117-23-31-0006
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