4877 Island View DR, Mound, MN 55364 - MLS#6805864

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$799,900

Est. payment - /mo

2 Beds

1 Bath

905 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 905 sqft

Price per Sqft $883

Subdivision Devon

MLS Listing ID 6805864

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $11,985

Tax Year 2025

Contingent None

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 79x100

Property Sub-Type Single Family Residence

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

Zoning Residential-Single Family

Rooms

Basement Full, Walkout

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Story One

Foundation 608

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Shake Siding

New Construction false

Schools

School District Westonka

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Listed by Corey Wright • eXp Realty

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