Welcome to 1397 Orono Lane, a stunning south-facing Lake Minnetonka retreat on Browns Bay, ideally located just minutes from downtown Wayzata. Extensively remodeled in 2026 by John Kraemer & Sons Inc, this thoughtfully reimagined home offers an exceptional floor plan along with beautiful lake views throughout. The redesigned main level centers around the reimagined chef's kitchen featuring a spacious center island, stainless steel appliances, a stylish walk-in pantry, and separate refrigerator and freezer. The reimagined primary suite offers the ultimate in comfort with a private laundry area, spa-like en-suite bathroom with separate soaking tub and shower, and an incredible walk-in closet with custom organizational components. Step directly from the primary bedroom onto the outdoor patio and enjoy the serene lake setting. A newly added main-level guest bedroom features a charming window seat, walk-in closet, private 3/4 bathroom, and access to the pocket office. The main level also includes a welcoming living room with gas fireplace, a screened porch with Phantom Screens, and expansive lake views from nearly every room. Upstairs, discover two additional bedrooms and a bonus room that could be used for storage, a playroom, or hobby space. The lower level adds even more functionality with a second laundry area complete with drying racks, a sauna/infrared light sauna, and another spacious bonus room perfectly suited for a home gym, hobby room, or additional flex space. Outside, enjoy beautifully manicured landscaping, a large paver patio, screened-in porch, and 116 feet of pristine Lake Minnetonka shoreline. The heated three-stall garage features epoxy flooring and a dedicated hangout area with TV, creating an ideal space for lake days, entertaining, and relaxing year-round. An exceptional opportunity to enjoy a beautifully updated home, stunning lake views, and the best of Lake Minnetonka living just minutes from Wayzata.
Single Family
- Price
- $ 5,665,000
- City
- Wayzata
- Bedrooms
- 4
- Full Bathrooms
- 6
- County
- HENNEPIN
- Half Bathrooms
- 0
- Area
- Homes On Browns Bay
- Lot Size
- 0.59 Acres
- Zip
- 55391
- Sqr Footage
- 4,312
- Year Built
- 1938
- Taxes
- $ 48705
- Style
- Single Family
- MLS#
- 7101751
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Faribault, MN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 55391
Areas That We Cover
- Belle Plaine
- Blakeley Twp
- Blooming Prairie
- Bridgewater Twp
- Cedar Lake Twp
- Credit River Twp
- Dennison
- Dundas
- Elko New Market
- Ellendale
- Erin Twp
- Faribault
- Forest Twp
- Helena Twp
- Jordan
- Kilkenny
- Lakeville
- Lonsdale
- Louisville Twp
- Medford
- Montgomery
- Morristown
- Nerstrand
- New Market Twp
- New Prague
- Northfield
- Northfield Twp
- Owatonna
- Prior Lake
- Saint Lawrence Twp
- Sand Creek Twp
- Savage
- Shakopee
- Shieldsville Twp
- Somerset Twp
- Spring Lake Twp
- Veseli
- Warsaw
- Waseca
- Waterville
- Webster
- Webster Twp
- Wells Twp
1397 Orono Lane Wayzata, MN is a Single Family Home for sale at $5665000 with 4312 sqft and a lot size of 0.59 Acres Acre(s). 1397 Orono Lane Wayzata has 4 bedrooms, 6 baths and was built in 1938. The property's zip code is 55391 which is in Wayzata, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.