Lori Gustafson

2615 Shadywood Road

Orono, MN
$ 1,250,000 Beds 5 Baths 4 Sq 4,020 Virtual Tour
Monthly Estimate* How much can I afford?

Executive Cape Cod charmer in the heart of the Lake Minnetonka area! Beautifully situated in the sought-after Pheasant Lawn neighborhood, this classic 5-bedroom, 4-bath home rests on a private, beautifully landscaped one-acre lot surrounded by mature trees. Thoughtfully renewed and expanded for today's lifestyle, the home retains all of its warmth, character and timeless Cape Cod appeal. The inviting main level features beautiful hardwood floors, custom millwork, three wood-burning fireplaces and a spacious primary suite with private bath and his and hers closets. An updated kitchen, fresh paint, updated interior doors and windows, and thoughtful improvements throughout make this home truly move-in ready. Completed in 2025, a gorgeous addition above the new attached 3-car garage offers exceptional flexibility. Designed to flow seamlessly with the existing home, the new space includes a family room, casual dining/game area, eat-in kitchen, bedroom with ¾ bath, and a large private deck overlooking the pool and grounds. With its own exterior stairway, the suite can also be closed off from the rest of the upper level, creating wonderful private quarters for in-laws, a nanny, live-in help, extended-stay guests, or a second primary suite. Step outside and the property becomes your own private retreat. A generous main-level deck overlooks the in-ground pool and lushly landscaped grounds, creating a natural extension of the home for outdoor dining and entertaining. The pool is complemented by a charming, screened gazebo and a separate pool house/cabana with serving windows, an incredible setting for summer entertaining, relaxed afternoons by the pool and evenings with family and friends. A garden shed, fully irrigated landscaping, including irrigation to the flower boxes, and the wooded one-acre setting complete the picture. Adding to the property's unique character, one of the home's entrances is marked by the historic entrance monument to Pheasant Lawn, a distinctive reminder of the neighborhood's past. The property also enjoys a second deeded driveway access from Pheasant Road. Additional highlights include two laundry rooms, one upstairs and one downstairs; a dry, partially finished lower level ready for your finishing touches; new roof in 2025; newer furnaces; and all new pool equipment in 2020. A rare combination of classic Cape Cod charm, beautifully updated living spaces, exceptional flexibility and a resort-like backyard, all in a sought-after Lake Minnetonka location with convenient access to both Hwy 7 and I-394 and there is just 1 Stop/Yield sign between the property and Highway 12 all the way to Downtown Minneapolis. Agent and/or buyer to verify all measurements and information.

Single Family

  • Price
  • $ 1,250,000
  • City
  • Orono
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Pheasant Lawn
  • Lot Size
  • 0.99 Acres
  • Zip
  • 55331
  • Sqr Footage
  • 4,020
  • Year Built
  • 1952
  • Taxes
  • $ 6294
  • Style
  • Single Family
  • MLS#
  • 7126380
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4020
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Garage Spaces 3
Pool Features Below Ground,Heated
Year Built 1952
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
Association Amenities In-Ground Sprinkler System
HOA No
Contingency None
Subdivision Name Pheasant Lawn
Other Structures Gazebo,Pool House,Storage Shed
Directions Shadywood Rd 1/2 Mile South of Navarre
City Orono
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6294
Additional Parcels Y/N No
Virtual Tour https://superiorshots.pixieset.com/2615shadywoodroad/video/
Standard Status Active
Lender Owned No
PostalCity Orono

Interior Features

Basement Other
Total Fireplaces 3
Fireplace Features Wood Burning Stove
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 3506
3/4 Baths 4
Total Bedrooms 5
Below Grade Finished Area 514
Total Baths 4
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing Partial
Parking Features Gravel,Shared Driveway,Tuckunder Garage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.99
Building Area Total 4020
Lot Dimensions 158x285.6x132.95x258
Waterfront Y/N No
Foundation Area 2536
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

8/12/2026 Listed $1,250,000

Property vs Zip Code Average in 55331

Price
AVG $1.94M
$1.25M
Taxes
AVG $13,562
$6,294
Year Built
AVG 1995
1952
Visits
AVG 178
46
Data Provided by Inside Real Estate®

Areas That We Cover

2615 Shadywood Road Orono, MN is a Single Family Home for sale at $1250000 with 4020 sqft and a lot size of 0.99 Acres Acre(s). 2615 Shadywood Road Orono has 5 bedrooms, 4 baths and was built in 1952. The property's zip code is 55331 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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