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

365 W Lake Street, Orono, MN 55356

$1,550,000
Property Type: Land Lot Size (sq. ft.): 49,223 Status: Active
Current Price: $1,550,000 List Date: 8/05/2026 Last Modified: 8/09/2026

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.

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
Association Fee
0

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
1550000
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
Reeds
Yes
Soft
Yes
Weeds
Yes
Wetland
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
05
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
BLOCK 002 HILLSIDE PARK LOTS 15, 16, 17 AND 18 ALSO THAT PART OF LOT 14 LYING NORTH OF THE SOUTH 15 FEET THEREOF INCLUDING ADJACENT 1/2 OF VAC ALLEY
Listing City
Orono
Map Page
103
Municipality
Orono
School District
Orono
School District Phone
952-449-8305
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
9757
Property ID Number
0511723230046
Tax Year
2026
Tax Amount
19426.38
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Hwy 12, Exit County Rd. 6 West, South on McCulley Rd. to CR84 (Bayside) East, South on Westlake St. Last gravel driveway on right by Cul du sac. See red sign.

Assumable Loan

Not Assumable
Yes

Development Status

Finished Lot(s)
Yes

Fencing

None
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
Fiber Optic
Yes

Lock Box Type

None
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Heavy
Yes
Underground Utilities
Yes

Restriction/Covenants

Easements-Utility
Yes

Road Frontage

City Street
Yes
Cul De Sac
Yes
Paved Streets
Yes
Private Road
Yes
Storm Sewer
Yes
Unpaved Streets
Yes

Road Responsibility

Private Maintained Road
Yes
Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Soil Type

Clay
Yes

Topography

Wooded
Yes
High Ground
Yes
Hilly
Yes
Sloped
Yes
Walkout
Yes

Waterfront Type

Lake Front
Yes
Lake View
Yes
Dock
Yes

Waterfront View

Lake
Yes
East
Yes

Available Utilities

Cable Available
Yes
Cable Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Private Well Available
Yes
Private Well Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Storm Sewer Available
Yes
Storm Sewer Connected
Yes

Improvements

Paved Streets
Yes
Public Road
Yes
Storm Sewer
Yes

Land Inclusions

Boat Slip
Yes
Dock
Yes
Easements
Yes
For Sale Sign
Yes
Platted
Yes
Survey
Yes
Topographic Map
Yes
Torrens
Yes

Property SubType

Lake Property
Yes

Surface Water

Lake
Yes
IDX
Listing Office: Edina Realty, Inc.
Last Updated: August - 09 - 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