348 W Lake Street, Orono, MN 55356 (MLS# 7132490)

348 W Lake Street, Orono, MN 55356

$3,495,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,263 Lot Size (sq. ft.): 28,314 Status: Active
Current Price: $3,495,000 List Date: 8/28/2026 Last Modified: 10/04/2026

Overview

Description

AMAZING NEW CONSTRUCTION ON STUBBS BAY. GREAT UP NORTH SETTING WITH THIS PERFECTLY LOCATED PROPERTY IN HIGH DEMAND ORONO SCHOOLS, PLUS AN ORONO ADDRESS. SUPER CONVENIENT TO HIGHWAY 12 AND DOWNTOWN LONG LAKE AND WAYZATA. PRIVATE LOCATION WITH EXTRA DEEP LOT CREATES A VERY UNIQUE AND RARE SETTING. THIS HOME FEATURES NEARLY 5200 FINISHED SQUARE FEET AND 51' OF LAKESHORE FRONTAGE AND 571' DEEP LOT WHICH CREATES AND AMAZING ENTRANCE. THOUGHTFULLY DESIGNED OPEN CONCEPT WITH GORGEOUS WATER VIEWS. 4 BEDROOMS ON THE UPPER LEVEL PLUS A LOWER LEVEL OFFICE AND AN AMAZING EXERCISE/BONUS SPACE UNDER THE GARAGE. BEAUTIFULLY APPOINTED DESIGNER DETAILS ABOUND IN EVERY ROOM. ENJOY LAKE LIVING NOW. REACH OUT FOR MORE DETAILS.

Listing Details MLS# 7132490

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
51
Waterfront YN
Yes
Year Built
2025
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1321
Above Grd Total SqFt
3253
Below Grd Total SqFt
2010
Total SqFt
5263
Total Finished Sqft
5193.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2010
Garage Stalls
3
Lot Dimensions
Irregular
Acres
0.65
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); French Doors; Hardwood Floors; Kitchen Center Island; Natural Woodwork; Paneled Doors; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Wine Cooler Assumable Loan: Not Assumable Basement: Full Bath Description: Upper Level Full Bath; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Materials: Concrete; Frame Construction Status: Completed New Construction Dining Room Description: Eat In Kitchen Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Gradual Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 or More; Great Room Fireplace Characteristics: Family Room; Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Upper Level Lock Box Type: Combo Lot Description: Accessible Shoreline; Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Architectural Shingle Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level Stories: Two Water: Well Waterfront Type: Lake Front Waterfront View: Lake; Panoramic; East

Contract Information

Contingency
None
Original List Price
3495000
ListPrice
3495000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
348
Street Direction Prefix
W
Street Name
Lake
Street Suffix
Street
Postal City
Orono
County
Hennepin
State
MN
Zip Code
55356
Complex/Dev/Subdivision
Hillside Park

Assessments

Tax With Assessments
13909

Builder Information

Builder ID
LDK BUILDERS INC
Builder License Number
1327
Builder Name
LDK BUILDERS INC

More Information

Building Information

Finished SqFt Above Ground
3253
Finished SqFt Below Ground
1940

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30X28
Garage Square Feet
840

Public Survey Info

Range#
23
Section#
05
Township#
117

Room Information

Room Name Dimensions Level
Exercise Room 30X28 Lower
Family Room 20X17 Lower
First (1st) Bedroom 18X15 Upper
Fourth (4th) Bedroom 18X18 Upper
Game Room 14X12 Lower
Kitchen 14X16 Main
Living Room 20X18 Main
Office 14X13 Lower
Second (2nd) Bedroom 13X13 Upper
Third (3rd) Bedroom 14X13 Upper
IDX
Listing Office: Keller Williams Premier Realty Lake Minnetonka
Last Updated: October - 04 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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