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577 Park Lane

Orono, MN 55356

5 beds
4 baths
3,327 sqft
8,276 sqft lot
$556 per sqft
2020 build
– on site

An Exceptional Opportunity on Lake Minnetonka in Sought After Orono Schools! Discover this rare, turn-key lakeside retreat on coveted North Arm Bay. Fully transformed in 2020, this move-in-ready home offers the ultimate Lake Minnetonka lifestyle with stunning southwest-facing sunset views and swimmable, deep-water dockage. Designed for modern living, the open, sun-filled layout features five generous bedrooms all on one level, 3.5 baths, and a convenient upper-level laundry. The heart of the home is an impressive chef’s kitchen with custom cabinetry, Bosch appliances, and quartz countertops. Every detail has been thoughtfully updated, including new mechanicals, maintenance-free siding, a heated 3-car garage with Epoxy floors, and a spacious concrete driveway with ample guest parking. The luxurious primary suite boasts vaulted ceilings, dual walk-in closets, a spa-like bath with a soaking tub, walk-in shower, and a private lakeside screen porch — the perfect place to take in evening sunsets. Enjoy 50 feet of premium lakeshore, a level yard at the water’s edge, deep-water dock, two screened porches for summer entertaining, and professionally landscaped grounds with custom Chilton stone steps leading to the water. Located within top-rated Orono Schools and just minutes from Bederwood Park, the Luce Line Trail, Orono Market, Long Lake eateries, and the boutique shops and restaurants of Wayzata. A truly rare opportunity at this price point — with a motivated seller! Schedule your private showing today and experience the best of Lake Minnetonka living.

Listing courtesy of NORTHSTAR / Richard Stabeck / Coldwell Banker Realty

Last checked: Checking… • Last updated Jul 2, 2025 •

MLS# 6744526 —

The Building

Year Built:

2020
New Construction:

false
Age Of Property:

5
Construction Materials:

Fiber Cement
Construction Materials Desc:

Block,Concrete,Frame
Roof:

Age Over 8 Years, Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

Two
Basement:

Block, Concrete
Basement:

true
Foundation Area:

1687
Manufactured Home:

No
Above Grade Finished Area:

2768
Below Grade Finished Area:

559

Interior

Dining Room Description:

Breakfast Bar,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fireplaces Total:

1
Fireplace Features:

Gas, Living Room

Room Dimensions

Living Area:

3327

Location

Directions:

Tonkawa Rd to Elm to Park.
Latitude:

44.968087
Longitude:

-93.62796

The Property

Parcel Number:

0611723410046
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Some Trees
Lot Size Area:

0.19
Lot Size Dimensions:

50 LAKE
Lot Size SqFt:

8276.4
Lot Size Units:

Acres
View:

Bay, Lake, West
Lake Chain:

N
Lake Acres:

14205
Lake Depth:

113
Lake Bottom:

Sand
Water Body Name:

Minnetonka
Waterfront Feet:

50
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

14695
Tax With Assessments:

14694.5000

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Bath Description:

3/4 Jack & Jill,Double Sink,Full Primary,His and Her Closets ,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Walk-In Shower Stall
Full Baths:

1
Three Quarter Baths:

2
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Schools

High School District:

Orono

The Community

Subdivision Name:

Minnetonka Summit Park
Waterfront:

true
Waterfront Features:

Dock, Lake Front, Lake View
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete, Garage Door Opener, Heated Garage
Garage Spaces:

3
Garage SqFt:

616

Monthly cost estimate

Asking price

$1,850,000

Expense	Monthly cost
Mortgage	$9,906
Taxes	$1,224
Insurance	$508
Utilities	$160 See report
Total	$11,798/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
6/26/25 Jun 26, 2025	Listed / Active	NORTHSTAR	$1,850,000
4/30/25 Apr 30, 2025	Listed / Active	NORTHSTAR
3/26/25 Mar 26, 2025	Listed / Active	NORTHSTAR

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This house located in Orono, MN 55356 is currently for sale for $1,850,000. 577 Park Lane is a 3,327 square foot house with 5 beds and 4 baths that has been on Estately for 6 days. This house is in the attendance area of Orono Schumann Elementary School, Orono High School, Orono Intermediate School, and Orono Middle School.

Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.