Tour
#6699914, Listing Office: Rayder Realty Group
$2,195,000 List price
577 Park Ln Orono, MN 55356
$10,000
Closing credit¹
5 beds
1 full, 1 partial
3,327 sqft
$660 / sqft
House
Property details
About 577 Park Ln
Effortless 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 on the coveted North Arm Bay of Lake Minnetonka. Perfectly designed for both comfort and style, this exceptional home offers five spacious bedrooms, three and a half bathrooms, and an upstairs laundry for ultimate convenience. Completely renovated in 2020, the home features a chef’s kitchen with high-end Bosch appliances, a luxurious master bath with a soaking tub, fully updated modern mechanicals, and a heated three-car garage with coated flooring. The concrete driveway provides both durability and curb appeal. 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, 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 unique lakeside retreat 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 #6670362
Attached garage3 spaces
WaterfrontDock, Lake Front, Lake
FireplaceGas, Living Room
ViewBay, Lake, Other
Summary
- MLS Number: 6670362
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Last updated on: 4/25/2025, 6:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,195,000
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. Most Orono, MN residents have annual incomes between $35k-100k. 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
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 March 24, 2025 and is currently priced at $2,195,000.
While more than 1 listings in Orono, MN in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Orono, MN increased by 29.6% between February and March 2025. The median list price of listings available in March 2025 was $1,139,137, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.