Orono Real Estate
About: The City of Orono, a western suburb also known as the “Lakeshore City”, lies on the northern shores of Lake Minnetonka and includes more lakeshore than any other lakeside municipality. This beautiful section of Hennepin County offers the best of both worlds with its small town appeal and convenient location- half of Orono is open water or marshland. If you’re hoping to live close to, or on Lake Minnetonka, Orono is an excellent spot for your next chapter to begin!
Housing: Along the many bays of Orono, you’ll find some of the most breathtaking homes in the west metro area. With styles ranging from New England Cottages and Ramblers to turn of the century Colonial Revivals, your perfect home awaits. In the last year (November 2012-2013), 150 homes sold with the average sale price of $679,095 for a single family home. Out of those 150 homes, 43 were lakefront – the average sale price for a lake front home is $1,121,303 (median was $863,413) with the average construction year of 1967. Of the 46 lakefront homes, the average finished square feet is 3,968, calculating to $294 average price per square foot and the average amount of lakeshore is 143 square feet (median is 99 square feet). When searching for a home in Orono, it’s helpful to seek local expertise because prices can vary immensely due to lakeshore, lot size, neighborhoods and home features.
Statistics: The city of Orono is about 24 square miles with a population of about 7,437. Orono is located near Wayzata, Medina, Long Lake and Parts of Minnetonka. Orono has several bays on Lake Minnetonka including Stubbs Bay, Maxwell Bay, Smith Bay, Crystal Bay, and North Arm. Orono also offers many beaches, parks, and trails for residents to use and enjoy.
History: Orono’s history tracks back to 1858, the same year Minnesota became a state. At first, Orono was divided into two townships, Excelsior Township and Medina Township. In 1889, Orono’s population grew large enough to become a separate township. The city was named after Major George Brackett, who came to Minnesota from Orono, Maine. Since its incorporation in 1955, Orono has undergone several boundary changes with neighboring cities with its latest in 1994.
Economy: In addition to Orono’s list of residential amenities, the city also has a prosperous working sphere. Orono’s most popular industries are professional, scientific, and technical services, health care, finance and insurance.
Schools: The city of Orono belongs to the Orono Independent School District 278 which also serves residents in Independence, Long Lake, Maple Plain, Medina, and Minnetonka Beach. Orono School District is one of three national school districts named 2013 National District of Character by the Character Education Partnership. Greatschools.org rates schools based on each state’s main standardized tests and rated the Orono Public School District a 9 out of 10 and Newsweek ranked them 453rd best high school in the nation.
Getting There: From the Minneapolis I-494/I-394 interchange, go west on I-394 approximately 4 miles and exit west on Wayzata Boulevard which takes you through downtown Long Lake. Turn north onto Old Crystal Bay road which leads you to the Orono City Offices 1 block north of Kelley Parkway.
From Maple Plain, take Highway 12 east one mile to the County Road 6 Exit. Turn left at the top of the exit, go one block and take a right onto Wayzata Boulevard (Old Hwy 12). Continue east about 1 ¼ miles to Old Crystal Bay Road and turn left. Go 1 block north to Kelley Parkway, City Offices will be on your right.