Coming soon
#6690585, Listing office: Coldwell Banker Realty
$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 on Lake Minnetonka — and yes, you can be in before the 4th of July! This is your chance to claim a fully remodeled lakeside retreat on sought-after North Arm Bay in Orono. Completely transformed in 2020, this home shines with top-to-bottom updates including a stunning chef’s kitchen with Bosch appliances, new mechanicals, maintenance-free siding, and a heated 3-car garage with sleek coated floors. Every detail was thoughtfully designed to blend modern style with lakeside comfort. The light-filled layout offers five spacious bedrooms all on the upper level, 3.5 baths, and an ultra-convenient upper-level laundry center. The luxurious primary suite is a private haven with vaulted ceilings, a spa-like bath, dual walk-in closets, and a tranquil screened porch to soak up those magical lakeside sunsets. With 50 feet of southwest-facing shoreline, two screened porches, and a flat, level yard at the water’s edge, this home is tailor-made for summer fun and lakeside entertaining. A deep-water dock, beautifully landscaped grounds, and custom Chilton stone steps complete the picture. Nestled within the award-winning Orono School District, you’re also moments from the Luce Line Trail, charming Orono and Long Lake shops, and the dining and culture of Wayzata. Homes like this don’t come along often — and certainly not with sellers this ready to move! Schedule your private tour today and start planning your Independence Day on Lake Minnetonka!
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
- HOA Amount: $0
- 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: 6/6/2025, 11:37:29 PM 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. Residents typically live in married, no kids family. The most common level of education of people living 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.
Over 6 listings were sold over their listed price in May 2025 in Orono, MN. In the same period over 10 listings were sold below the listed price and 7 listings were sold for the listed price. Between April and May 2025, Orono, MN real estate market has seen increase in the number of listings by 17.9%. Listings spent 55 days on the market in May 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.