4877 Island View DR new Save Request In-Person Tour Request Virtual Tour
Mound,MN 55364
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 905 sqft
Price per Sqft $939
Subdivision Devon
MLS Listing ID 6757286
Bedrooms 2
Full Baths 1
Year Built 1930
Annual Tax Amount $11,985
Tax Year 2025
Lot Size 7,840 Sqft
Property Sub-Type Single Family Residence
Property Description
Located on the highly sought-after "Island" of Lake Minnetonka, this rare lakefront property offers 80 feet of south-facing shoreline on picturesque Phelps Bay. The home is not quite move-in ready and presents a prime opportunity for investors, builders, or homeowners looking to bring their vision to life. Whether you're planning to renovate and resell, remodel and enjoy, or tear down and build new, this property offers endless potential. With the right updates and design, this lakeshore retreat can truly shine. It could serve as a summer getaway, long-term rental, or luxury dream home. The seller is including a full survey, site specifications, architectural renderings, and a proposed layout for a future build. A rare lakeside shed at the water's edge is also included, providing convenience and added value. This is a blank canvas on one of Lake Minnetonka's most desirable shorelines—offering flexibility, upside, and the chance to create something truly special.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Rooms
Dining Room Eat In Kitchen
Interior
Heating Boiler
Cooling Window Unit(s)
Exterior
Parking Features Detached
Garage Spaces 2.0
Waterfront Description Lake Front
Roof Type Asphalt
Building
Story One
Foundation 608
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
New Construction false
Schools
School District Westonka