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#6699914, Listing Office: Rayder Realty Group
$1,995,000 List price
577 Park Ln Orono, MN 55356
$10,000
Closing credit¹
5 beds
1 full, 1 partial
3,327 sqft
$600 / sqft
House
Property details
About 577 Park Ln
Just in time for Summer! Come enjoy Lakeside Living on North Arm Bay, Lake Minnetonka – A True Orono Gem. Embrace stunning sunsets and deep-water dockage at this beautifully renovated lakeside retreat. Perfectly designed for both comfort and style, this home offers five spacious bedrooms “upstair”, three and a half bathrooms, and an upper level laundry center for ultimate convenience. The primary suite boasts vaulted ceilings, a private lakeside screen porch, dual walk-in closets, and a spa like bath with separate soaking tub. Completely renovated in 2020, the home features a chef’s kitchen with high-end Bosch appliances, updated modern mechanicals, maintenance free siding and a heated three-car garage with coated flooring. The large concrete driveway provides both durability and curb appeal. Plenty of parking here! Relax and enjoy panoramic lake views from two separate screened porches that overlook 50 feet of southwest-facing shoreline. The flat, level area at the water's edge allows easy access to the lake and entertainment space at the waters edge, while beautifully landscaped grounds and custom Chilton stone steps add elegance and charm. Located in a peaceful neighborhood within the highly regarded Orono School District, this home offers a rare opportunity to own a piece of Lake Minnetonka paradise. Just a short distance away, explore the beauty of the Luce Line Trail or head to nearby Orono, Long Lake and Wayzata's local shops, dining, and parks. This lakeside Gem is the perfect balance of luxury, comfort, and convenience—schedule your private showing today!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,327 sqft
BasementYes
Year built2020
ParkingAttached Garage, Concrete, Garage Door Opener, Heated Garage
MLS #6712419
Attached garage3 spaces
WaterfrontDock, Lake Front, Lake
FireplaceGas, Living Room
ViewBay, Lake, Other
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
- Basement: Yes
- Fireplace: Gas, Living Room
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Concrete, Garage Door Opener, Heated Garage
- Waterfront: Dock, Lake Front, Lake
- View: Bay, Lake, Other
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,995,000
- Price/SqFt: $599
- Annual Tax Amount: $14,014
- Tax Year: 2023
- Lot: Few Trees
- Directions: Tonkawa Rd to Elm to Park.
- Year Built: 2020
- Living Area: 3,327 SqFt
- MLS Number: 6712419
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Last updated on: 5/17/2025, 12:22:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,995,000
577 Park Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 09, 2007 | Home Sold | $940,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,310,200 | $14,014 |
History based on county public records data.
Nearby schools
7
Orono Intermediate School
Public District 3-5
2.2 mi
•685 N Old Crystal Bay Rd
9
Hilltop Primary School
Public District PK-4
2.3 mi
•5700 Game Farm Rd E
7
Shirley Hills Primary School
Public District PK-4
2.8 mi
•2450 Wilshire Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,750. Residents of Orono, MN typically earn between $35k-100k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
36%
35k-100k
22%
100k-200k
25%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
7%
Single, with Kids
45%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
10%
18-34 yrs old
53%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 577 Park Ln
The listing price of 577 Park Ln property is $1,995,000.
The property 577 Park Ln is a house located in Orono, Minnesota, 55356.
Active Listing: 577 Park Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 577 Park Ln are: Orono Intermediate School (GreatSchools Rating 7/10), Hilltop Primary School (GreatSchools Rating 9/10), Shirley Hills Primary School (GreatSchools Rating 7/10), Orono Middle School (GreatSchools Rating 7/10), Grandview Middle School (GreatSchools Rating 8/10), West Middle School (GreatSchools Rating 8/10), Mound Westonka High School (GreatSchools Rating 9/10), Orono High School (GreatSchools Rating 9/10), Minnetonka High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $14,014 (source: MLS/based on county public records data).
The last sale was on August 9, 2007 for $940,000 (source: MLS/tax record).
The property at 577 Park Ln has 5 bedrooms and 1 full and 1 half bathrooms.
The property 577 Park Ln is 3,327 SqFt (source: MLS/tax record).
The year of construction for 577 Park Ln is 2020.
This home is located at 577 Park Ln in Orono, MN and zip code 55356 in the North Arm neighborhood. This 3,327 square foot home was built in 2020. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $1,995,000.
While more than 3 listings in Orono, MN in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 8 were sold below. In April 2025 in Orono, MN there were 27.9% more homes for sale than in March. Listings spent 79 days on the market in April 2025, and had a median list price of $1,199,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.