1. Minnesota
  2. Mound
  3. 4877 Island View Drive
$850,000

4877 Island View Drive, Mound, MN 55364

  • 2 beds |
  • 1 bath |
  • 905 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $939/sqft
  • Property List Date Icon Listed 8 days ago

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 Status:
Active
Listing Office:
eXp Realty : 320-500-4397
MLS ID:
6757286
  • Rooms: Living RoomBedroom 1KitchenBedroom 2Deck
  • Master Bath: Main Floor Full Bath
  • Dining: Eat In Kitchen
  • Basement: FinishedFullWalkout
  • A/C: Window Unit(s)
  • Heating: Boiler
  • Fireplace: Fireplaces: 0

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Shirley Hills Primary School

2450 Wilshire Blvd, Mound, MN, 55364

Grades PK-4

1.09 miles away

G

Grandview Middle School

1881 Commerce Blvd, Mound, MN, 55364

Grades 5-7

1.99 miles away

T

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.

Similar Listing

5052 Edgewater Drive, Mound, MN 55364
Single-Family Home For Sale

$949,900

  • 2 bed |
  • 2 bath |
  • 974 sqft |
  • 6,970 sqft lot
5052 Edgewater Drive Mound, MN 55364

#6746678 - Core Properties