DR Active

Mound,MN 55364

$ 825000

2 Beds

1 Bath

905 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 905 sqft

Price per Sqft $911

Subdivision Devon

MLS Listing ID 6757286

Style (SF) Single Family

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $11,985

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

Community Devon

Interior

Heating Boiler

Cooling Window Unit(s)

Exterior

Garage Spaces 2.0

Roof Type Asphalt Shingles

Building

Water City Water/Connected

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