3700 Casco AvenueOrono, MN 55391
$8.995 million
5 bedrooms · 7 bathrooms · 7,465 finished sq ft · 1.43 acre lot
About this home
A rare opportunity to build a legacy home on one of Lake Minnetonka's most coveted points. Set on Casco Point, this 1.4-acre double parcel offers 155 feet of rip-rap shoreline on Carmans Bay. It's a true blank canvas on the water, with the privacy and open-water frontage that make this stretch of Lake Minnetonka so sought after, all just minutes from downtown Wayzata. Offered as a fully custom build with NIH Homes, this is your chance to design and construct a new residence to your exact specifications. Bring your own vision or start from available concept plans by Alexander Design. Possibilities include a guest house, a 6 to 8+ car garage, an indoor sport court, a pickleball court and a swimming pool. The lake itself is a highlight: a sandy bottom with gradual depth, Grade A water quality, and panoramic views across a quieter bay. There's no road noise, and the shoreline is lined with a distinguished stretch of homes.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2026
- Bedrooms
- 5
- Bathrooms
- 7
- Finished sq ft
- 7,465
- Lot
- 1.43 acres
- Garage
- 8 stalls
- Basement
- Walk-Out Access, Finished, Storage Space, Sump Pump
- Heating
- Electric, Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $33,873 a year
- Listed
- October 20, 2026
- MLS number
- 7162545
Listing courtesy of Compass (Brian K Benson). MLS #7162545.
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How it compares
3700 Casco Avenue, Orono, MN 55391 is a newly built 5-bedroom single-family home on Lake Minnetonka, listed for $8.995 million on October 20, 2026 by Compass. That is in the upper quarter of the 51 single-family homes for sale in Orono right now (median $2.999 million; $1,205 per square foot here against $443 for the group). That works out to $1,205 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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