365 W Lake Street, Orono, MN 55356 (MLS# 7120635)

365 W Lake Street, Orono, MN 55356

$1,500,000
Property Type: Land Lot Size (sq. ft.): 49,223 Status: Active
Current Price: $1,500,000 List Date: 8/05/2026 Last Modified: 10/01/2026

Overview

Description

Nestled among Lake Minnetonka's elite family estates, this wooded 1.13-acre site slopes gently to its newly completed boat slips, a short cruise from the Lafayette Club docks or Lord Fletchers. Imagine a paved driveway leading to your new luxury home. Bring your builder soon. There is only one of these and the list price is well below the assessed value.

Open Houses

  • Today, 1:30 pm - 3:30 pm

Listing Details MLS# 7120635

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
236x208x201x237
Acres
1.13
Lake/Waterfront Name
Minnetonka
Power Company
Xcel Energy
Assessment Pending
Yes

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Private Well Available; Private Well Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Storm Sewer Connected Development Status: Finished Lot(s) Fencing: None Improvements: Paved Streets; Public Road; Storm Sewer Internet Options: Cable; Fiber Optic Lake Details: Reeds; Soft; Weeds; Wetland Land Inclusions: Boat Slip; Dock; Easements; For Sale Sign; Platted; Survey; Topographic Map; Torrens Lock Box Type: None Lot Description: Accessible Shoreline; Tree Coverage - Heavy; Underground Utilities Property SubType: Lake Property Road Frontage: City Street; Cul De Sac; Paved Streets; Private Road; Storm Sewer; Unpaved Streets Road Responsibility: Private Maintained Road; Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Clay Surface Water: Lake Topography: Wooded; High Ground; Hilly; Sloped; Walkout Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake; East

Contract Information

Contingency
None
Original List Price
1550000
ListPrice
1500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
365
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

Assessment Balance
174.5
Assessment Installment
174.5
Tax With Assessments
19426.38

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
15-26

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
05
Township#
117
IDX
Listing Office: Edina Realty, Inc.
Last Updated: October - 01 - 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.
Search powered by FBS Products