348 W Lake Street, Orono, MN 55356

$3,695,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,263 Lot Size (sq. ft.): 28,314 Status: Active
Current Price: $3,695,000 List Date: 2/24/2026 Last Modified: 4/25/2026

Overview

Description

LDK BUILDERS NEWEST MODEL HOME IS NOW COMPLETED AND READY TO VIEW! AMAZING OPPORTUNITY 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. SPRING IS RIGHT AROUND THE CORNER SO DON'T MISS OUT! REACH OUT FOR MORE DETAILS.

Listing Details MLS# 7023272

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Projected Completion Date
2026-02-24
Road Btwn WF & Home?
No
Waterfront Frontage
51
Waterfront Present
Yes
Year Built
2025
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1321
Above Grd Total SqFt
3253
Below Grd Total SqFt
2010
Total SqFt
5263
Total Finished Sqft
5193.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2010
Garage Stalls
3
Lot Dimensions
Irregular
Acres
0.65
Assessment Pending
No
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Full Bath Description: Upper Level Full Bath; Private Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Status: Completed New Construction Dining Room Description: Eat In Kitchen Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Gradual Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 or More; Great Room Fireplace Characteristics: Family Room; Gas Burning Fuel: Natural Gas Heating: Forced Air Laundry: Upper Level Lot Description: Accessible Shoreline; Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Architectural Shingle Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level Stories: Two Water: Well Waterfront View: Lake; Panoramic; East

Contract Information

Contingency
None
Original List Price
3695000
ListPrice
3695000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
348
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

Tax With Assessments
13909.07
Assessment Balance
0

Builder Information

Builder ID
LDK BUILDERS INC
Builder License Number
1327
Builder Name
LDK BUILDERS INC

More Information

Building Information

Availability Dt for Closing
2026-02-27
Finished SqFt Above Ground
3253
Finished SqFt Below Ground
1940

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
30X28
Garage Square Feet
840

Public Survey Info

Range#
23
Section#
05
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 007 BLOCK 001 HILLSIDE PARK
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
Property ID Number
0511723230014
Tax Year
2025
Tax Amount
13909.07
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
LDK BUILDERS NEWEST MODEL HOME IS NOW COMPLETED AND READY TO VIEW! AMAZING OPPORTUNITY 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. SPRING IS RIGHT AROUND THE CORNER SO DON'T MISS OUT! REACH OUT FOR MORE DETAILS.
Directions
Bayside Rd to West Lake Street, Home is on the left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Full
Yes

Bath Description

Upper Level Full Bath
Yes
Private Primary
Yes
3/4 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

Completed New Construction
Yes

Dining Room Description

Eat In Kitchen
Yes

Electric

200+ Amp Service
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Brick/Stone
Yes
Cement Board
Yes

Family Room Characteristics

2 or More
Yes
Great Room
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

Upper Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Patio
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Architectural Shingle
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
4 BR on One Level
Yes

Stories

Two
Yes

Water

Well
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
East
Yes

Room Information

Room Name Dimensions Level
Exercise Room 30X28 Lower
Family Room 20X17 Lower
First (1st) Bedroom 18X15 Upper
Fourth (4th) Bedroom 18X18 Upper
Game Room 14X12 Lower
Kitchen 14X16 Main
Living Room 20X18 Main
Office 14X13 Lower
Second (2nd) Bedroom 13X13 Upper
Third (3rd) Bedroom 14X13 Upper
IDX
Listing Office: RE/MAX Results
Last Updated: April - 25 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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