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2948 Pelican Point Circle
Mound, MN 55364
9 days ago
REDUCED
$2,100,000
Active
3
Beds
3
Baths
2
Garage
1996
Yr. Built
MLS# 7033174
Cumulative Days on Market: 28 · Includes prior listings · Currently listed since 05/27/26 · Data provided by the MLS.

Property Description

Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature. Two additional bedrooms are great for guests or family. Enjoy maintenance-free living with exceptional shared amenities including a boathouse, picnic area, golf cart paths, beautifully manicured grounds, and optional social activities that create a welcoming neighborhood atmosphere. A highly coveted canopied boat slip is available through the association for an annual fee, making it easy to enjoy boating and the Lake Minnetonka lifestyle at a moment’s notice.

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Property Highlights

Property Type
Residential
Property Sub Type
(TH) Side x Side
Bedrooms
3
Total Bathrooms
3
Living Area
3,357 Sqft
Price / Sqft
$626
Year Built
1996
Water Body Number
27013300
Lake Class
General Development

Location

City/Township
Mound
View
Panoramic
Subdivision
Pelican Point
County
Hennepin
Zoning Description
Residential-Single Family

Lake/Waterfront Information

Water Body Name
Minnetonka
Lake Acres
14206
Lake Depth
113
Waterfront Features
Association Access, Lake Front, Lake View, Shared
Lake Chain
N
Lake Class
General Development
Water Body Number
27013300

Property Details

Price
$2,100,000
Property Type
Residential
Property Sub Type
(TH) Side x Side

Building

Levels
One
Total Area
3,835

Community

Local Schools

School District
Westonka

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
3
Full Bathrooms
2
1/2 Bathrooms
1
Bedrooms
3

Rooms and Basement

Has Basement
Yes
Basement Features
Daylight/Lookout Windows, Finished, Full, Walkout

Area and Spaces

Living Area
3,357 Sqft
Above Grade Finished Area
1,976
Below Grade Finished Area
1,381

Appliances

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned

Interior Features

Laundry Features
Elect
Accessibility Features
None
Electic
Circuit Breakers
Fireplace Features
Family Room, Gas, Living Room

Heating and Cooling

Heating Features
Forced Air
Has Fireplace
Yes
Fireplaces
2

Building Details

Construction

Year Built
1996
Foundations
Poure

Materials

Roof
Age Over 8 Years, Asphalt, Pitched

Terms

Terms

Contingency
None

Taxes

Tax

Tax (Annual)
$23,048

HOA

Has HOA
Yes
Association Fee
$3,232.25
Association Ammenities
Beach, Dock, Other
Association Fee Includes
Beach Access, Building Exterior, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Shared Amenities, Snow Removal

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer/Connected
Water Source
City Water/Connected

Lot

Lot Size
0.15
Lot Dimensions
W42X131X59X126
Lot Features
Tree Coverage - Medium

Exterior Features

Exterior Features
Cemen

Parking

Garage Capacity
2
Parking Features
Attached Garage, Covered, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage

Pool Features

Pool Features
None
Listed by Compass
Listing Data last updated 06/25/2026 11:40 am
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Property History

9 days ago
Property information last updated
9 days ago
Date of last price change
28 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 28 days (includes prior listings) · Currently listed since May 27, 2026. Data provided by the MLS.

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Listings courtesy of Northstar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 06/25/2026 11:40 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Listing Data last updated: 06/25/2026 11:40 am
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