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4877 Island View Drive, Mound, MN 55364

Mound
Local realty services provided by:CENTURY 21 FM Realty
4877 Island View Drive,Mound, MN 55364
$762,500
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: corey j wright
Office: exp realty
MLS#:6805864
Source:ND_FMAAR

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Price summary

  • Price:$762,500

About this home

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.

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Home facts

  • Year built:1930
  • Listing ID #:6805864
  • Added:258 day(s) ago
  • Updated:April 03, 2026 at 06:54 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1930

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$762,500
  • Tax amount:$11,985

Parking

  • Garage spaces:2

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