For Sale: Orono MLS# 6816642
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Property Description
Excellent opportunity for acreage in the heart of Orono! This private lot features 4.88 wooded acres ready for its next prideful owner. Enjoy nature year-round in your backyard and along numerous trails through the woods of your own private property. The lot stretches nearly a 1/4 mile and backs up to 25+ acres of wooded city land. The current home has been used as a successful rental for the past 7 years, but the value is in the land. Numerous options for new construction; whether tearing down to rebuild or starting fresh in a different location on the property. Contact the City of Orono with questions and for additional information, and the possibility of building new while also keeping the current home as an 'ADU' (Accessory Dwelling Unit) for additional value on this unique piece of property. Desirably zoned for the award winning Orono Schools and conveniently located a mile from Orono High School and the Orono Ice Rink. For nearby new construction ideas checkout the new development at Crystal Bay Estates just one block to the south on Lillian Lane. This high demand location and exclusive 4.88-acre lot awaits new ideas to maximize its potential. Bring all your grand plans and start enjoying peaceful living at your new Orono estate. Please schedule all showings and do not access the property without permission, full-time renter and dog onsite. Reach out with any questions.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$695,000
Property Type:
Lot/Land
City:
Orono
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55356
Exterior
Road Frontage:
- City Street
- Paved Streets
Lot & Land
Acres:
4.88
Geolocation:
44.9835979281, -93.594778776
Inclusions:
Survey
Lot Dimensions:
165 x 1288
Restrictions:
None
Zoning:
Residential-Single Family
Lot Description:
Many Trees
Farm
Topography:
Gently Rolling, High Ground
Schools
School District:
278
District Phone:
952-449-8305
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,394
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,394
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Paved Streets, Public Road
Available Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Phone Available
- Private Septic Available
- Private Septic Connected
- Private Well Available
- Private Well Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Move it Real Estate Group/Lake.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.