440 N Arm Drive

Orono, MN
$ 1,750,000 Beds 3 Baths 3 Sq 3,716
Monthly Estimate* How much can I afford?

Exceptional and rare opportunity to own this Lake Minnetonka 3.11 acre estate on beautiful North Arm. Utterly private and tranquil with gorgeous trees, panoramic views and permanent dock for 32ft vessels. Enjoy this solid, New England pool-side residence as it is, remodel, or build your dream home adjacent to other established, upper-bracket, acreage estates. Prime Orono location minutes from Wayzata and 494. Victoria Estates, just six private residences, adjoins a magnificent DNR-managed marsh with six permanent slips, providing full access to Lake Minnetonka without lakefront taxes. Long-time owner has thoughtfully maintained and added to the charming farm-style house bursting with character, incorporating original barn with silo, three ensuites, four fireplaces, and lovely pool-side porch. Inground Dolphin pool has newer liner, mechanics, large patio-surround and magnificent views. This property is about quality of life: nature, wildlife, privacy and 14,530 acre Lake Minnetonka, yours to enjoy.

Single Family

  • Price
  • $ 1,750,000
  • City
  • Orono
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Victoria Estates
  • Lot Size
  • 3.11 Acres
  • Zip
  • 55364
  • Sqr Footage
  • 3,716
  • Year Built
  • 1960
  • Taxes
  • $ 9652
  • Style
  • Single Family
  • MLS#
  • 7134327
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3716
Sewer Mound Septic,Septic System Compliant - Yes
Heating Forced Air,Humidifier,In-Floor Heating
Cooling Central Air
Roof Shake,Flat,Metal
Appliances Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Humidifier,Gas Water Heater,Water Osmosis System,Microwave,Refrigerator,Washer,Water Softener Owned
HOA Fee 500
Garage Spaces 3
Association Fee Includes Dock
Pool Features Below Ground,Heated,Outdoor
Year Built 1960
Electric 200+ Amp Service
Levels Modified Two Story
Property Subtype Single Family
Tax Year 2026
Waterfront Features Channel Shore,Dock,Lake Front
Accessibility None
Additional Parcels Description 0611723420006
Assoc Fee Paid Per Annually
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Victoria Estates
Full Baths 1
Directions N Shore Drive (51) west to N Arm Drive,north to 440; or,Hwy 12 west to right on County Rd 6,Left on McCulley Rd (19); Left on N Arm
City Orono
Association Name Victoria Estates Association - Tim Pellizzer
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9652
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Dock,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Porch,Panoramic View,Skylight,Tile Floors,Vaulted Ceiling(s)
PostalCity Orono

Interior Features

Basement Crawl Space
Total Fireplaces 4
Fireplace Features Family Room,Gas,Living Room,Primary Bedroom,Stone,Wood Burning
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 3716
3/4 Baths 2
Laundry Features Laundry Closet
Total Bedrooms 3
Total Baths 3
Bath Desc 3/4 Primary,Main Floor 3/4 Bath,Main Floor Full Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 800

Exterior Features

Fencing Invisible
Parking Features Attached Garage,Garage Door Opener
Lot Features Accessible Shoreline,Tree Coverage - Medium,Underground Utilities
Water Source Well
Lot Size Area 3.11
Building Area Total 3716
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 2424
Road Frontage Type City Street
Road Responsibility Public Maintained Road

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 Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/27/2026 Listed $1,750,000

Property vs Zip Code Average in 55364

Price
AVG $1.62M
$1.75M
Taxes
AVG $10,766
$9,652
Year Built
AVG 1986
1960
Visits
AVG 93
23
Data Provided by Inside Real Estate®

440 N Arm Drive Orono, MN is a Single Family Home for sale at $1750000 with 3716 sqft and a lot size of 3.11 Acres Acre(s). 440 N Arm Drive Orono has 3 bedrooms, 3 baths and was built in 1960. The property's zip code is 55364 which is in Orono, 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.