$899,000

4877 Island View Drive, Mound, MN 55364

Land
Built in 1930
7,841sqft lot
2 car garage
$——/sqft
Listed 6 days ago

Property Description

Rare opportunity to build your dream luxury lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beautiful water views create the ideal setting for your custom lakeshore retreat. Exceptional chance to secure a premium homesite on Minnesota's most desirable lake.

Listing Status:: Active
Data Last Updated:: March 12, 2026 at 10:18PM
Listing Office:: RE/MAX HomeMasters : 763-205-7000
MLS ID:: 7032003

Improvements: 0

HOA Amenities: 0.0
Originating MLS: northstar
School District: Westonka
County: Hennepin

Topography: Sloped
Zoning: 2511724110041
View: South

Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected

Source: northstar

This listing courtesy of RE/MAX HomeMasters

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Shirley Hills Primary School

2450 Wilshire Blvd, Mound, MN, 55364

Grades PK-4

1.09 miles away

Grandview Middle School

1881 Commerce Blvd, Mound, MN, 55364

Grades 5-7

1.99 miles away

Transition Plus

5905 Sunnyfield Rd E, Mound, MN, 55364

Grades 11-12

2.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.