Description
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...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.
Main Residence
The 4-bedroom, 4-bath home is designed with comfort, convenience, and entertaining in mind:
• Expansive entertainment room for gatherings
• Light-filled sunroom with panoramic views of the estate
• Maintenance-free deck overlooking rolling pastures
• Dual laundry areas for ease of living
• Private sauna and hot tub for year-round wellness
• Thoughtful updates throughout
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 Agent
![Matt Johnson]()
matt.johnson@compass.comP: (612)-801-7580
Property Details for 3685 Watertown Road
Property Details for 3685 Watertown Road
| Status | Active |
|---|---|
| MLS # | 6656285 |
| Days on Compass | 4 |
| Taxes | $19,174 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1910 |
| Lot Size | 10.00 AC / 435,600 SF |
| County | Hennepin County |
| Buyer's Agent Compensation | 2.7% |
Location
Virtual Tour
Building Information for 3685 Watertown Road
Payment Calculator
$12,686 per month
30 year fixed, 6.15% Interest
$11,088
$1,598
$0
Property Information for 3685 Watertown Road
- City Name: Orono
- County Or Parish: Hennepin
- County: Hennepin-MN
- Directions: Watertown Rd to Property
- Latitude: 44.979824
- Longitude: -93.617476
- Map Coordinate: 103-B2
- City and Location: Orono
- City and Location Text: Orono(MN)
- Postal Code: 55359
- State Or Province: MN
- Public Survey Township: 118
- Waterfront Property YN: Yes
- Complex Name: Minnetonka
- Additional Parcels: No
- Association Fee: $.00
- Association: No
- Parcel Number: 3211823340011
- Tax Annual Amount: $19,174.00
- Tax 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
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2024
- Tax With Assessments: 19174
- High School District: 1252 - Orono
- School District Number: 1252
- School District Phone: 9524498305
- Above Grade Fin SQFT: 4420.0
- Below Grade Fin SQFT: 1248.0
- Cultivated Area: 7.0
- Crop Type: Hay/Alfalfa
- Farm Type: Horse
- SQFT Total: 5668.0
- Living Area Units: Square Feet
- Lot Size Area: 10.0
- Lot Size Dimensions: 1001x512x790x512
- Lot Size Units: Acres
- Other Structures: Garage(s), Barn(s), Bunk House, Guest House, Indoor Arena, Other, Outdoor Arena, Pole Building, Stables
- Present Use: Yearly
- Property Attached: No
- Property Sub Type: Single Family Residence
- Property Type: Residential
- SQFT Main Total: 3100
- Above Grade SqFt Total: 4420
- Below Grade SqFt Total: 1320
- Irrigation Source: Well
- Sewer: Septic System Compliant - Yes
- Water Source: Well
- Accessibility Features: None
- Fencing: Split Rail, Wood
- Foundation Area: 3100.0
- Fuel: Natural Gas
- Pasture Area: 7.0
- Road Frontage Type: Paved Streets
- Road Responsibility: Public Maintained Road
- Roof: Age 8 Years or Less
- Patio Porch Type: Deck,Rear Porch
- Basement Type: Walkout
- Bathrooms Full: 3
- Bathrooms Half: 2
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 2
- Bathrooms Total Count: 7
- Bedrooms Total: 6
- Fireplace Features: Gas, Wood Burning
- Fireplaces Total: 2
- FireplaceYN: Yes
- Cooling: Central Air
- Garage Dimensions: 40x25
- Garage Door Height: 7
- Garage Square Feet: 960
- Heating: Boiler
- Levels: Two
- Room List: Amusement Room, Dining Room, Family Room, Bedroom 5, Bedroom, Bedroom 4, Living Room, Porch, Bedroom 2, Bedroom 6, Bedroom 3
- Basement YN: Yes
- Room Dimensions: 47x23
- Room Level: Main
- Room Type: Amusement Room
- Room Dimensions: 15x12
- Room Level: Main
- Room Type: Dining Room
- Room Dimensions: 23x12
- Room Level: Main
- Room Type: Family Room
- Room Dimensions: 12x12
- Room Level: Main
- Room Type: Bedroom 5
- Room Dimensions: 15x13.5
- Room Level: Upper
- Room Type: Bedroom
- Room Dimensions: 13x12.5
- Room Level: Main
- Room Type: Bedroom 4
- Room Dimensions: 19.5x15
- Room Level: Main
- Room Type: Living Room
- Room Dimensions: 38x13
- Room Level: Main
- Room Type: Porch
- Room Dimensions: 20x11.5
- Room Level: Upper
- Room Type: Bedroom 2
- Room Dimensions: 12x12
- Room Level: Main
- Room Type: Bedroom 6
- Room Dimensions: 14x10.5
- Room Level: Upper
- Room Type: Bedroom 3
Property History for 3685 Watertown Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 11, 2025 | Price Change NorthStar #6656285 | $2,275,000 | — |
| May 30, 2025 | Listed (Active) NorthStar #6656285 | — | |
| Apr 25, 2008 | Sold (Public Record) Public Record #236596128 | $1,080,000 | — |
| Apr 25, 2008 | Sold Lake Superior Area REALTORS #1698735 | $1,080,000 | — |
| Mar 12, 2008 | Pending Lake Superior Area REALTORS #1698735 | — | |
| Oct 5, 2007 | Listed (Active) Lake Superior Area REALTORS #1698735 | $1,295,000 | — |
| Apr 21, 2006 | Off Market NorthStar #3024781 | — | |
| Apr 26, 2005 | Listed (Active) NorthStar #3024781 | $1,395,000 | — |
| Apr 21, 2005 | Off Market NorthStar #2312012 | — | |
| Apr 20, 2005 | Off Market NorthStar #2312012 | — | |
| Apr 20, 2005 | Off Market NorthStar #2312012 | — | |
| Aug 11, 2004 | Listed (Active) NorthStar #2312012 | $1,495,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/11/2025 | Price Change NorthStar #6656285 | $2,275,000 |
| 05/30/2025 | Listed (Active) NorthStar #6656285 | — |
| 04/25/2008 | Sold (Public Record) Public Record #236596128 | $1,080,000 |
| 04/25/2008 | Sold Lake Superior Area REALTORS #1698735 | $1,080,000 |
| 03/12/2008 | Pending Lake Superior Area REALTORS #1698735 | — |
| 10/05/2007 | Listed (Active) Lake Superior Area REALTORS #1698735 | $1,295,000 |
| 04/21/2006 | Off Market NorthStar #3024781 | — |
| 04/26/2005 | Listed (Active) NorthStar #3024781 | $1,395,000 |
| 04/21/2005 | Off Market NorthStar #2312012 | — |
| 04/20/2005 | Off Market NorthStar #2312012 | — |
| 04/20/2005 | Off Market NorthStar #2312012 | — |
| 08/11/2004 | Listed (Active) NorthStar #2312012 | $1,495,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3685 Watertown Road
Schools near 3685 Watertown Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Schumann Elementary School PublicPK to 2 | ||
Orono Intermediate Elementary School Public3 to 5 | ||
Orono Middle School Public6 to 8 | ||
Orono Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/05/2026 01:53 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.
