A Lake Minnetonka home is now back on the market today – as a bank owned property. If you are looking for a great deal that is most likely being offered at a 50-75% discount, then check out 1535 Bohns Point, in Orono. Now listed at $4.7 Million with Remax Action West, this home was listed a few years ago for $14.7 Million. A year ago it was reduced to $9.5 Million. Now, it is the banks.

The home has an interesting story about the homeowner, words like ponzi scheme and tax evasion are some of the key highlights of the report from the Star Tribune.