4877 Island View Drive, Mound, MN 55364

$762,500
2
BD
1
BA
905
SqFt

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Sold Price
$762,500
List Price
$799,900
Days on Market
119
Closing Date
Feb 13, 2026
MLS#
6805864
Status
CLOSED
Type
Single Family Residential
Style
(SF) Single Family
Bedrooms
2
Bathrooms
1
Living Area
905
Acres
0.18
Subdivision
Devon
Year Built
1930

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.

Additional Information

Subtype
Single Family Residence
School District
Westonka
Tax Year
2025
Fuel
Natural Gas
Sewer
City Sewer/Connected
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Basement
Full, Walkout
Parking
Detached Garage
Garage Spaces
2

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Listing courtesy of eXp Realty.

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