Luxury New Construction Opportunity on Lake Minnetonka Discover the pinnacle of lakeside living on this exceptional 1-acre lot, boasting 140 feet of shoreline on the pristine Crystal Bay of Lake Minnetonka. With southern-facing exposure, this rare, flat lot provides expansive natural light and panoramic views of iconic landmarks including the Lafayette Club, Minnetonka Beach, and the Arcola Bridge. The rip-rapped shoreline and sandy-bottom waters offer both beauty and ideal swimming conditions, all with Grade A water quality. Situated just minutes from downtown Wayzata and within the renowned Orono school district, this property is a perfect blend of seclusion and accessibility. Its proximity to Noerenberg Gardens enhances the tranquil, natural surroundings, making this an idyllic location for creating your dream home. This is an unparalleled opportunity to design a fully customized residence. Begin with a clean slate, or draw inspiration from our timeless modern European design concept. This proposed style features soaring vaulted spaces, organic modern touches, and a thoughtful layout that complements lake living while exuding warmth and sophistication. Don’t miss the chance to own a slice of luxury on Lake Minnetonka.
Property Details
Property Features
Property Information:
Year Built: 2025
Living Area: 5,500 SqFt
Listing Office:
Office Name: New Haus Real Estate, Inc.
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
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 this broker 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. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$33.7K
Per Month
Principal & Interest
$33.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Orono Intermediate School
685 N Old Crystal Bay Rd
Distance between this listing and this school2.50 miles
Public District Grades 3-5
7
/10
Shirley Hills Primary School
2450 Wilshire Blvd
Distance between this listing and this school3.08 miles
Public District Grades PK-4
9
/10
Hilltop Primary School
5700 Game Farm Rd E
Distance between this listing and this school3.34 miles
Public District Grades PK-4
Nearby Schools
7
/10
Orono Middle School
800 N Old Crystal Bay Rd
Distance between this listing and this school2.80 miles
Public District Grades 6-8
8
/10
Grandview Middle School
1881 Commerce Blvd
Distance between this listing and this school3.35 miles
Public District Grades 5-7
8
/10
West Middle School
149 Barry Ave N
Distance between this listing and this school4.30 miles
Public District Grades 6-8
Nearby Schools
9
/10
Orono High School
795 N Old Crystal Bay Rd
Distance between this listing and this school2.76 miles
Public District Grades 9-12
9
/10
Mound Westonka High School
5905 Sunnyfield Rd E
Distance between this listing and this school3.45 miles
Public District Grades 8-12
10
/10
Minnetonka High School
18301 Highway 7
Distance between this listing and this school5.41 miles
The neighbors living near this home have an average income of $112,917. 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.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3055 Shore Dr
What is the listing price of this property?
The listing price of 3055 Shore Dr property is $6,750,000.
What type of property is this?
The property 3055 Shore Dr is a house located in Orono, Minnesota, 55391.
Is this property for sale now?
Active Listing: 3055 Shore Dr is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 3055 Shore Dr has 5 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 3055 Shore Dr is 5,500 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3055 Shore Dr is 2025.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3055 Shore Dr in Orono, MN and zip code 55391 in the Maxwell Bay neighborhood. This 5,500 square foot home was built in 2025. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $6,750,000.
In October 2024, from all listings sold in Orono, MN there were more than 2 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Orono, MN between September 2024 and October 2024 increased by 10.5%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $1,130,000.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Best Buy
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information