36XX Watertown Road, Orono, MN 55359

$2,275,000
Property Type: Land Lot Size (sq. ft.): 432,551 Status: Active
Current Price: $2,275,000 List Date: 2/27/2026 Last Modified: 2/27/2026

Overview

Description

Exceptional 10-Acre Estate in Orono — Just 5 Miles from Wayzata and 15 Miles West of Minneapolis A Rare Opportunity for a Family Compound, Investment, or Luxury Retreat Welcome to a one-of-a-kind property that perfectly blends privacy, versatility, and location. This extraordinary 10-acre estate offers unmatched potential—whether envisioned as a private family compound, equestrian haven, car collector’s paradise, or luxury retreat. Ideally situated next to the Stubbs Bay public dock and bordering both Bederwood Park and the Luce Line Trail, it provides endless opportunities for recreation and relaxation. Build a custom home on this wonderful site. Existing guest House A 2-bedroom, 2-bath guest house provides an onsite home for extended family, guests, or potential rental income. Perfect for multi-generational living, a dedicated home office, or a separate retreat, this space enhances both the flexibility and value of the property. Equestrian Amenities For horse lovers, the estate includes everything needed for both daily care and enjoyment: • Two-level stable with six stalls and a 1-bedroom, 1-bath apartment • Lounge and private living quarters for caretaker or guests • Indoor riding arena and multiple paddocks • Six acres of fenced pastures • Expansive storage building for equipment, tools, or recreational gear Lifestyle & Location This estate offers the rare combination of serene country living with immediate access to world-class amenities. Step directly onto the Luce Line Trail system—featuring a designated horse trail—or enjoy the nearby lakes, parks, and outdoor activities. All this, while being just minutes from Wayzata’s shopping, dining, and the vibrant shores of Lake Minnetonka. Schedule Your Private Tour Opportunities like this seldom come to market. Don’t miss the chance to own a legacy estate in the heart of Orono. Contact us today to explore the full potential of this remarkable offering.

Listing Details MLS# 6787557

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
1001x512x790x512
Acres
9.93
Assessment Pending
Unknown
Association Fee
0

Property Features

Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected Development Status: Finished Lot(s) Improvements: None Land Inclusions: None Topography: Rolling

Contract Information

Contingency
None
Original List Price
2275000
ListPrice
2275000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
36XX
Street Name
Watertown
Street Suffix
Road
Postal City
Orono
County
Hennepin
State
MN
Zip Code
55359

Assessments

Tax With Assessments
18523
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
32
Township#
118

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
UNPLATTED 32 118 23 BEG AT THE SE COR OF SW 1/4 TH W ALONG THE S LINE THOF 928.62 FT TH N PAR WITH E LINE OF SW 1/4 TO CTR LINE OF CO RD NO 45 TH SELY ALONG SAID CTR LINE TO THE INTERSECTION WITH A LINE DIST 462.89 FT W FROM E LINE OF SW 1/4 TH S PAR WITH E LINE THOF TO N LINE OF S 16.5 FT THOF TH E PAR WITH S LINE THOF TO E LINE THOF TH S TO BEG EXCEPT ROADS
Listing City
Orono
Map Page
103
Municipality
Orono
School District
Orono
School District Phone
952-449-8305
Zip Plus 4
9354
Property ID Number
3211823340012
Tax Year
2025
Tax Amount
18523
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional 10-Acre Estate in Orono — Just 5 Miles from Wayzata and 15 Miles West of Minneapolis A Rare Opportunity for a Family Compound, Investment, or Luxury Retreat Welcome to a one-of-a-kind property that perfectly blends privacy, versatility, and location. This extraordinary 10-acre estate offers unmatched potential—whether envisioned as a private family compound, equestrian haven, car collector’s paradise, or luxury retreat. Ideally situated next to the Stubbs Bay public dock and bordering both Bederwood Park and the Luce Line Trail, it provides endless opportunities for recreation and relaxation. Build a custom home on this wonderful site. Existing guest House A 2-bedroom, 2-bath guest house provides an onsite home for extended family, guests, or potential rental income. Perfect for multi-generational living, a dedicated home office, or a separate retreat, this space enhances both the flexibility and value of the property. Equestrian Amenities For horse lovers, the estate includes everything needed for both daily care and enjoyment: • Two-level stable with six stalls and a 1-bedroom, 1-bath apartment • Lounge and private living quarters for caretaker or guests • Indoor riding arena and multiple paddocks • Six acres of fenced pastures • Expansive storage building for equipment, tools, or recreational gear Lifestyle & Location This estate offers the rare combination of serene country living with immediate access to world-class amenities. Step directly onto the Luce Line Trail system—featuring a designated horse trail—or enjoy the nearby lakes, parks, and outdoor activities. All this, while being just minutes from Wayzata’s shopping, dining, and the vibrant shores of Lake Minnetonka. Schedule Your Private Tour Opportunities like this seldom come to market. Don’t miss the chance to own a legacy estate in the heart of Orono. Contact us today to explore the full potential of this remarkable offering.
Directions
Watertown Rd to Property

Development Status

Finished Lot(s)
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

None
Yes

Topography

Rolling
Yes

Available Utilities

Cable Available
Yes
Cable Connected
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes

Improvements

None
Yes

Land Inclusions

None
Yes
Listing Office: Compass
IDX
Last Updated: February - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.