440 N Arm Drive, Orono, MN 55364

$1,850,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,716 Lot Size (sq. ft.): 135,472 Status: Active
Current Price: $1,850,000 List Date: 3/12/2026 Last Modified: 6/11/2026

Overview

Description

Exceptional and rare opportunity to own this Lake Minnetonka 3.11 acre estate on beautiful North Arm. Utterly private and tranquil with gorgeous trees, panoramic views and permanent dock for 32ft vessels. Enjoy this solid, New England pool-side residence as it is, remodel, or build your dream home adjacent to other established, upper-bracket, acreage estates. Prime Orono location minutes from Wayzata and 494. Victoria Estates, just six private residences, adjoins a magnificent DNR-managed marsh with six permanent slips, providing full access to Lake Minnetonka without lakefront taxes. Long-time owner has thoughtfully maintained and added to the charming farm-style house bursting with character, incorporating original barn with silo, three ensuites, four fireplaces, and lovely pool-side porch. Inground Dolphin pool has newer liner, mechanics, large patio-surround and magnificent views. This property is about quality of life: nature, wildlife, privacy and 14,530 acre Lake Minnetonka, yo ...

Listing Details MLS# 7035682

General Property Information

Assoc Mgmt Co. Phone #
952-239-8953
Association Fee Frequency
Annually
Association Mgmt Co. Name
Victoria Estates Association - Tim Pellizzer
Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
Yes
New Development
No
Number of Fireplaces
4
Road Btwn WF & Home?
No
Waterfront YN
Yes
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Main Floor Total SqFt
2424
Above Grd Total SqFt
3716
Total SqFt
3716
Total Finished Sqft
3716.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
2424
Association Fee
500
Garage Stalls
3
Lot Dimensions
Irregular
Acres
3.11
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Cable; Ceiling Fan(s); Dock; Exercise Room; French Doors; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Patio; Porch; Skylight; Tile Floors; Vaulted Ceiling(s) Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Water Osmosis System Association Fee Includes: Dock Basement: Crawl Space Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath; 3/4 Primary Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Electric: 200+ Amp Service Exterior: Cedar Family Room Characteristics: Family Room; Main Level Fencing: Invisible Fireplace Characteristics: Family Room; Gas Burning; Living Room; Primary Bedroom; Stone; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; Humidifier; In-Floor Heating Laundry: Laundry Closet Lot Description: Accessible Shoreline; Tree Coverage - Medium; Underground Utilities Parking Characteristics: Garage Door Opener Pool Description: Below Ground; Heated Property Subtype: Acreage Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat; Metal; Shake Sewer: Mound Septic; Septic System Compliant - Yes Special Search: Primary Bdr Suite Stories: Three Level Split Water: Well

Contract Information

Contingency
None
Original List Price
1999900
ListPrice
1850000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
440
Street Direction Prefix
N
Street Name
Arm
Street Suffix
Drive
Postal City
Orono
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
Victoria Estates

Additional Parcels Information

Property ID #2
0611723420006

Assessments

Tax With Assessments
9014
Assessment Balance
0

More Information

Building Information

Finished SqFt Above Ground
3716

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 Square Feet
800
Garage Door Opener
Yes

Public Survey Info

Range#
23
Section#
06
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
LOT 001 BLOCK 001 VICTORIA ESTATES
Listing City
Orono
Map Page
103
Municipality
Orono
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
8175
Property ID Number
0611723310003
Tax Year
2025
Tax Amount
9014
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional and rare opportunity to own this Lake Minnetonka 3.11 acre estate on beautiful North Arm. Utterly private and tranquil with gorgeous trees, panoramic views and permanent dock for 32ft vessels. Enjoy this solid, New England pool-side residence as it is, remodel, or build your dream home adjacent to other established, upper-bracket, acreage estates. Prime Orono location minutes from Wayzata and 494. Victoria Estates, just six private residences, adjoins a magnificent DNR-managed marsh with six permanent slips, providing full access to Lake Minnetonka without lakefront taxes. Long-time owner has thoughtfully maintained and added to the charming farm-style house bursting with character, incorporating original barn with silo, three ensuites, four fireplaces, and lovely pool-side porch. Inground Dolphin pool has newer liner, mechanics, large patio-surround and magnificent views. This property is about quality of life: nature, wildlife, privacy and 14,530 acre Lake Minnetonka, yours to enjoy.
Directions
Highway 12W to right on County Rd 6, Left on McCulley Rd (19); Left on N Arm

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Cable
Yes
Ceiling Fan(s)
Yes
Dock
Yes
Exercise Room
Yes
French Doors
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Skylight
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Osmosis System
Yes

Association Fee Includes

Dock
Yes

Basement

Crawl Space
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
3/4 Primary
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Electric

200+ Amp Service
Yes

Exterior

Cedar
Yes

Family Room Characteristics

Family Room
Yes
Main Level
Yes

Fencing

Invisible
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes
Living Room
Yes
Primary Bedroom
Yes
Stone
Yes
Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Humidifier
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Closet
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Medium
Yes
Underground Utilities
Yes

Patio, Porch and Deck Features

Patio
Yes
Porch
Yes

Pool Description

Below Ground
Yes
Heated
Yes

Property Subtype

Acreage
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes
Metal
Yes
Shake
Yes

Sewer

Mound Septic
Yes
Septic System Compliant - Yes
Yes

Special Search

Primary Bdr Suite
Yes

Stories

Three Level Split
Yes

Water

Well
Yes

Room Information

Room Name Dimensions Level
Dining Room 15x14 Main
Family Room 19x15 Main
First (1st) Bedroom 15x13 Upper
Great Room 23x21 Upper
Kitchen 15x10 Main
Primary Bath 11x11 Upper
Mud Room 23x4 Main
Office 11x11 Main
Patio 30x20 Main
Screened Porch 17x15 Main
Second (2nd) Bedroom 21x112 Main
Third (3rd) Bedroom 14x10 Main
IDX
Listing Office: Edina Realty, Inc.
Last Updated: June - 11 - 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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