For Sale: Mound MLS# 6757286
Active
NEW!
$850,000
Single Family: 1 Story
2 br • 1 ba • Built 1930
905 sqft • 0.18 acres
Westonka schools
MLS# 6757286
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Price per sq ft:
$939
Property Type:
Single Family
City:
Mound
Garage Spaces:
2
County:
Hennepin
Year Built:
1930
State:
MN
Property Style:
1 Story
Zip Code:
55364
Subdivision Name:
Devon
Interior
Bedrooms:
2
Bathrooms:
1
Finished Area:
905 ft2
Total Fireplaces:
0
Living Area:
905 ft2
Common Wall:
No
Basement Details:
- Finished
- Full
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
400 ft2
Air Conditioning:
Window Unit(s)
Foundation Size:
608 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
Main Floor Full Bath
Dining/Kitchen:
Eat In Kitchen
| Main Level | Size | Sq Ft |
|---|---|---|
| Living Room | — | — |
| Bedroom 1 | — | — |
| Kitchen | — | — |
| Deck | — | — |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bedroom 2 | — | — |
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Minnetonka
DNR Lake ID#:
27013300
Lake Chain Name:
N
Lake Acres:
14205
Lake Depth:
113
Waterfront:
Lake Front
Lot & Land
Acres:
0.18
Geolocation:
44.91905, -93.648696
Lot Dimensions:
79 x 100
Zoning:
Residential-Single Family
Schools
School District:
277
District Phone:
952-491-8001
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,985
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,985
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.