Lori Gustafson

1145 Tonkawa Road

Orono, MN
$ 3,999,000 Beds 6 Baths 5 Sq 6,601
Monthly Estimate* How much can I afford?

Exquisite Lake Minnetonka Luxury Residence – Orono, North Arm Bay Perfectly positioned on the shores of Lake Minnetonka, this exceptional home was completely rebuilt in 2005 by Michael Hayes Homes and thoughtfully designed by Alexander Design Group. Blending timeless elegance with modern comfort, it offers an unparalleled lakefront lifestyle. This property offers more than one owners suite option. Main floor suite as well. Inside, soaring ceilings and floor-to-ceiling windows flood the home with natural light and capture sweeping panoramic views. The main level features a owners suite, chef’s kitchen with high-end appliances gas stove and custom cabinetry, a formal dining room, a welcoming family room and living room both with fireplaces, and a private office. Upstairs, primary suite boasts a spa-like bath with soaking tub, walk-in shower, and dual vanities. Five additional bedrooms, including two with en suite baths, provide generous accommodations for family and guests. Outdoor living is second to none, with a 430 sq ft three-season porch, expansive paver patio, and grandfathered deck extending over the lake, perfect for entertaining or enjoying serene western sunsets. The beautifully landscaped grounds include a private dock and ample green space. 4 person electric lift to the lake, new polymer dock sections Dock stays with home. Lake water irrigation system. Additional features include a 1100 sqft four-car garage with shop space, RO water system, meticulous craftsmanship, and a layout designed for both comfort and sophistication. Brand new 50 year roof, new exterior paint, new gutter guards. 300 amps also 50 amp panel

Single Family

  • Price
  • $ 3,999,000
  • City
  • Orono
  • Bedrooms
  • 6
  • Full Bathrooms
  • 4
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 0.92 Acres
  • Zip
  • 55356
  • Sqr Footage
  • 6,601
  • Year Built
  • 2005
  • Taxes
  • $ 38770
  • Style
  • Single Family
  • MLS#
  • 6781375
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 6601
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Air-To-Air Exchanger,Chandelier,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Water Softener Owned
Garage Spaces 4
Pool Features None
Year Built 2005
Electric Circuit Breakers,200+ Amp Service
View Bay
Levels Two
Property Subtype Single Family
Tax Year 2025
Waterfront Features Dock,Lake Front
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Full Baths 3
Directions From CR 15 right on Orono Orchard Rd - Left on Fox - Left on Old Crystal Bay - Right on Shore - Right on Tonwanka - home on left.
City Orono
High School District Orono
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 38770
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Deck,Dock,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,Panoramic View,Boat Slip,In-Ground Sprinkle
PostalCity Orono

Interior Features

Basement Block,Daylight/Lookout Windows,Drain Tiled,Finished,Full,Sump Basket,Walkout
Total Fireplaces 3
Fireplace Features Two Sided,Amusement Room,Electric,Family Room,Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 4965
Half Baths 2
3/4 Baths 1
Total Bedrooms 6
Below Grade Finished Area 1636
Total Baths 6
Bath Desc 3/4 Basement,3/4 Primary,Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath,Walk-In Sh
Dining Room Description Separate/Formal Dining Room
Foundation Dimensions 2278
Fuel Natural Gas
Garage Square Feet 1221

Exterior Features

Parking Features Attached Garage,Finished Garage,Garage Door Opener,Heated Garage
Water Source Well
Lot Size Area 0.92
Building Area Total 6601
Lot Dimensions 264x
Waterfront Y/N Yes
Foundation Area 2278
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/6/2025 Listed $4,250,000
6/1/2026 6% - $3,999,000

Property vs Zip Code Average in 55356

Price
AVG $3.81M
$4M
Taxes
AVG $27,955
$38,770
Year Built
AVG 1999
2005
Visits
AVG 212
1092
Data Provided by Inside Real Estate®

Areas That We Cover

1145 Tonkawa Road Orono, MN is a Single Family Home for sale at $3999000 with 6601 sqft and a lot size of 0.92 Acres Acre(s). 1145 Tonkawa Road Orono has 6 bedrooms, 4 baths and was built in 2005. The property's zip code is 55356 which is in Orono, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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