About This Home
This 4-bedroom, 6-bathroom single family at 1397 Orono Lane in Wayzata, MN is listed for $5,665,000 ($1,314 per sqft). Built in 1938, the home offers 4,312 sqft of living space on a 0.59 acres lot.
Key Features
- Built in 1938
- 0.59 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Welcome to 1397 Orono Lane, a stunning south-facing Lake Minnetonka retreat on Browns Bay, ideally located just minutes from downtown Wayzata. Extensively remodeled in 2026 by John Kraemer & Sons Inc, this thoughtfully reimagined home offers an exceptional floor plan along with beautiful lake views throughout.
The redesigned main level centers around the reimagined chef's kitchen featuring a spacious center island, stainless steel appliances, a stylish walk-in pantry, and separate refrigerator and freezer. The reimagined primary suite offers the ultimate in comfort with a private laundry area, spa-like en-suite bathroom with separate soaking tub and shower, and an incredible walk-in closet with custom organizational components.
Step directly from the primary bedroom onto the outdoor patio and enjoy the serene lake setting. A newly added main-level guest bedroom features a charming window seat, walk-in closet, private 3/4 bathroom, and access to the pocket office. The main level also includes a welcoming living room with gas fireplace, a screened porch with Phantom Screens, and expansive lake views from nearly every room.
Upstairs, discover two additional bedrooms and a bonus room that could be used for storage, a playroom, or hobby space. The lower level adds even more functionality with a second laundry area complete with drying racks, a sauna/infrared light sauna, and another spacious bonus room perfectly suited for a home gym, hobby room, or additional flex space.
Outside, enjoy beautifully manicured landscaping, a large paver patio, screened-in porch, and 116 feet of pristine Lake Minnetonka shoreline. The heated three-stall garage features epoxy flooring and a dedicated hangout area with TV, creating an ideal space for lake days, entertaining, and relaxing year-round. An exceptional opportunity to enjoy a beautifully updated home, stunning lake views, and the best of Lake Minnetonka living just minutes from Wayzata.
Monthly Cost Estimate
$30,298/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1397 Orono Lane
Wayzata, MN 55391
Homes On Browns Bay
Features & Amenities
Interior Features
Property Details
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 6-bathroom single family at 1397 Orono Lane is listed at $5,665,000 ($1,314/sqft). The estimated monthly payment is $30,297 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1938, 0.59 acre lot, Fireplace, Waterfront. Interior Features: All Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom.
This property is listed by Elizabeth C Ulrich and can be reached at (952) 213-1631.







