348 W Lake StreetOrono, MN 55356
$3.495 million
4 bedrooms · 5 bathrooms · 5,193 finished sq ft · 0.65 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2025
- Bedrooms
- 4
- Bathrooms
- 5
- Finished sq ft
- 5,193
- Lot
- 0.65 acres
- Garage
- 3 stalls
- Basement
- Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $13,909 a year
- Listed
- August 27, 2026
- MLS number
- 7132490
Listing courtesy of Keller Williams Premier Realty Lake Minnetonka (Scott A Koppendrayer). MLS #7132490.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
How it compares
348 W Lake Street, Orono, MN 55356 is a newly built 4-bedroom single-family home on Lake Minnetonka, listed for $3.495 million on August 27, 2026 by Keller Williams Premier Realty Lake Minnetonka. That is in the middle range of the 51 single-family homes for sale in Orono right now (median $2.999 million; $673 per square foot here against $443 for the group). That works out to $673 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Orono community guideSchools, commutes, parks, home values and local stories.
- Lake MinnetonkaLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Orono housing market, September 2026Homes sold for a median $1,225,000 over 12 months (+4.3%), 76 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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