348 W Lake Street - Photo 1
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348 W Lake Street
348 W Lake Street
348 W Lake Street
348 W Lake Street
348 W Lake Street

348 W Lake Street, Orono, MN 55356 - MLS# 7132490

MLS® #: 7132490|Days on Market: 63|Listed: Aug 27, 2026

$3,495,000

Bedrooms
4
Bathrooms
5
Square Feet
5,193
Acres
0.65
Year Built
2025
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
3
Days on Market
63
School District
278 - Orono

AMAZING NEW CONSTRUCTION ON STUBBS BAY. GREAT UP NORTH SETTING WITH THIS PERFECTLY LOCATED PROPERTY IN HIGH DEMAND ORONO SCHOOLS, PLUS AN ORONO ADDRESS. SUPER CONVENIENT TO HIGHWAY 12 AND DOWNTOWN LONG LAKE AND WAYZATA. PRIVATE LOCATION WITH EXTRA DEEP LOT CREATES A VERY UNIQUE AND RARE SETTING. THIS HOME FEATURES NEARLY 5200 FINISHED SQUARE FEET AND 51' OF LAKESHORE FRONTAGE AND 571' DEEP LOT WHICH CREATES AND AMAZING ENTRANCE. THOUGHTFULLY DESIGNED OPEN CONCEPT WITH GORGEOUS WATER VIEWS. 4 BEDROOMS ON THE UPPER LEVEL PLUS A LOWER LEVEL OFFICE AND AN AMAZING EXERCISE/BONUS SPACE UNDER THE GARAGE. BEAUTIFULLY APPOINTED DESIGNER DETAILS ABOUND IN EVERY ROOM. ENJOY LAKE LIVING NOW. REACH OUT FOR MORE DETAILS.

348 W Lake Street, Orono, MN 55356

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Interior Information

BasementFinished, Full
AppliancesCooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesFamily Room, Gas
LaundryUpper Level
Dining RoomEat In Kitchen
Interior AmenitiesCeiling Fan(s), French Doors, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Paneled Doors, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet
Electric200+ Amp Service

Size & Levels

LevelsTwo
Total Finished Sq Ft5,263 sq ft
Above Grade Finished3,253 sq ft
Below Grade Finished1,940 sq ft
Main Level Finished1,321 sq ft

Bathrooms

Full Baths2
3/4 Baths2
1/2 Baths1
Bathroom Details3/4 Basement, Bathroom Ensuite, Private Primary, Separate Tub & Shower, Upper Level Full Bath

Rooms

Other Rooms

Living Room20' x 18'
Family Room20' x 17'
Kitchen14' x 16'
Office14' x 13'
Bedroom18' x 15'
Bedroom 213' x 13'
Bedroom 314' x 13'
Bedroom 418' x 18'
Game Room14' x 12'
Exercise Room30' x 28'

Exterior & Parking

ExteriorStone, Cement Board
ConstructionConcrete, Frame
RoofArchitectural Shingle
FoundationBlock
Patio / PorchPatio
Garage Stalls3
Garage Size30X28 (840 sq ft)
ParkingAttached Garage
New ConstructionYes

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.65 acres
Lot DimensionsIrregular
Lot DescriptionAccessible Shoreline, Tree Coverage - Medium
ZoningResidential-Single Family
SubdivisionHillside Park
TownshipOrono
CountyHennepin
SewerCity Sewer/Connected
WaterWell
Road FrontageCity Street
WaterfrontLake Front

Financial & Tax Information

Annual Taxes$13,909
Tax Year2026
Tax w/ Assessments$13,909
Assessment PendingNo
Parcel Number0511723230014
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Schools

Broker Reciprocity logo
Listed by: Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.