4877 ISLAND VIEW DRIVE

4877 Island View Drive, Mound, 55364, MN

  • Price: $850,000

  • Status type: For Sale

  • City: Mound

  • Neighborhood: Devon

  • Bedrooms: 2

  • Property Size :905

  • Listing Agent: NST26146,NST86704

DETAILS

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.

INTERIOR

  • Bedrooms: 2

  • Fin ft² / Living Area: 905 ft²

  • Below Ground Living: 297ft²

  • Bathrooms: 1

  • Above Ground Living: 608ft²

  • Basement Details: Finished, Full, Walkout,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Window Unit(s)

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 608ft²

  • Unit Amenities:

  • Heating System:

    • Boiler

ROOMS

Main Size ft²
Living Room n/a 0 ft²
Bedroom 1 n/a 0 ft²
Kitchen n/a 0 ft²
Deck n/a 0 ft²
Lower Size ft²
Bedroom 2 n/a 0 ft²

LOT

  • Acres: N/A

  • Lot Size Dim.: 79x100

  • Longitude: 44.919

  • Latitude: -93.6487

  • Zoning: Residential-Single Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $11,985

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADDITIONAL INFORMATION

  • MLS#: NST7775012

  • Listing Brokerage: Exp Realty, LLC. Agency Icon

ID: 3903575
Published: July 17, 2025
Last Update: July 17, 2025
Views: 2