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4877 Island View Drive
Mound, MN 55364
4 days ago
NEW
$849,000
Active
MLS# 7143389
Cumulative Days on Market: 4
· Includes prior listings
· Currently listed since 09/12/26
· Data provided by the MLS.
Property Description
Rare opportunity to build your dream 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.
Property Highlights
Property Type
Land
Water Body Number
27013300
Lake Class
General Development
Location
City/Township
Mound
View
South
Subdivision
Devon
County
Hennepin
Zoning Description
Residential-Single Family
Lake/Waterfront Information
Water Body Name
Minnetonka
Lake Acres
14206
Lake Depth
113
Waterfront Features
Lake Front
Lake Chain
N
Lake Class
General Development
Water Body Number
27013300
Property Details
Price
$849,000
Property Type
Land
Community
Local Schools
School District
Westonka
Building Details
Construction
Development Status
Finished Lot(s)
Terms
Terms
Contingency
None
Inclusions
For Sale Sign
Taxes
Tax
Tax (Annual)
$11,985
Heating, Cooling & Utilities
Utilities
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Lot
Lot Size
0.18
Lot Dimensions
80x108x80x100
Lot Features
Property Adjoins Public Land, Tree Coverage - Medium
Topography
Sloped
Listed by RE/MAX HomeMasters
Listing Data last updated 09/17/2026 03:40 am
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Property History
2 days ago
Property information last updated
4 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 4 days (includes prior listings)
· Currently listed since September 12, 2026.
Data provided by the MLS.
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