4531 Island View Drive, Mound, MN 55364 (MLS# 7122213)

4531 Island View Drive, Mound, MN 55364

$1,900,000

Welcome home to 86 feet of prime flat Lake Minnetonka lakeshore (virtually staged)

Commanding 4,300+ sq ft waterfront residence

Sweeping two-story vaulted ceiling and gas fireplace in the living room (virtually staged)

Breathtaking lake views from the living room.

Views from the beautifully designed open kitchen.

Enjoy a view of the lake from the upper level deck (virtually staged)

A view of the lake from the upper-level deck.

Private dock and slip on approximately 86 feet of shoreline.

Expansive lower level entertainment space (virtually staged)

Stunning view of the lake from the primary bedroom (virtually staged)

A magnificent wall of windows framing panoramic lake views

Third floor features 3 bedrooms, an open office overlooking the living space, and a 2nd laundry room.

Beautiful two-story vaulted ceilings in the living room with abundant natural light.

Prime flat Lake Minnetonka shoreline perfect for entertaining (virtually staged)

Upper-level loft area overlooking the living room.

Convenient second upper-level laundry room.

Lower level with heated floors. Walk out to the lake without a hill or steps.

Gas fireplace in the basement living room.

Three-car garage (w/ third tandem stall).

Front of the house - driveway installed in 2021.

A small park is located next to the home.

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,656 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $1,900,000 List Date: 8/05/2026 Last Modified: 10/07/2026

Overview

Description

This 4,354-square-foot Lake Minnetonka home offers a thoughtful balance of lakeside living and functional design. The property features 86 feet of level, accessible shoreline, complete with a private dock and a covered slip. The living room is a central gathering space featuring a two-story vaulted ceiling, a gas fireplace, and floor-to-ceiling windows overlooking the lake. Conveniently located on the main floor, the primary lakeside bedroom suite includes its own private deck. The second level accommodates three bedrooms, an open-concept office alcove overlooking the living area, and a secondary laundry room. The walkout lower level is designed for comfortable gatherings, equipped with in-floor heating, a dedicated game room, a wet bar, and a private fifth bedroom with direct access to the lakeside yard. Recent Capital Improvements: The home has been meticulously maintained, with several major infrastructure updates completed in 2025: Mechanical systems: New furnace, central air cond ... (Read more)

Listing Details MLS# 7122213

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 86
Waterfront YN: Yes
Year Built: 2007
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1594
Above Grd Total SqFt: 3084
Below Grd Total SqFt: 1572
Total SqFt: 4656
Total Finished Sqft: 4354.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1572
Garage Stalls: 3
Lot Dimensions: 86L x 181 x 35 x 160
Acres: 0.21
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Cable; Ceiling Fan(s); Deck; Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Electronic Air Filter; Microwave; Range; Refrigerator Basement: Drain Tiled; Full; In-Floor Heat; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Private Primary; Full Basement; Bathroom Ensuite; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Kitchen/Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Loft; Lower Level Fencing: None Fireplace Characteristics: Family Room; Gas Burning; Living Room Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Lake Details: Hard; Sand Laundry: Main Level; Upper Level Lot Description: Irregular Lot Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake; Panoramic; South; East

Contract Information

Contingency: None
Original List Price: 2199000
ListPrice: 1900000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4531
Street Name: Island View
Street Suffix: Drive
Postal City: Mound
County: Hennepin
State: MN
Zip Code: 55364

Assessments

Tax With Assessments: 25393.22

Building Information

Finished SqFt Above Ground: 3084
Finished SqFt Below Ground: 1270

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 0-4

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x37
Garage Square Feet: 649

Room Information

Room Name	Dimensions	Level
Bar/Wet Bar Room	14x12	Basement
Bathroom	10x6	Main
Bathroom	10x8.5	Second
Bathroom	10x10	Basement
Deck	16x12.5	Main
Deck	16x12.5	Basement
Dining Room	14x10	Main
Dining Room	10x8	Main
Family Room	18x25	Basement
Fifth (5th) Bedroom	14x9	Basement
First (1st) Bedroom	16x14.5	Main
Fourth (4th) Bedroom	12x17	Second
Game Room	16x14	Basement
Kitchen	13x13	Main
Laundry	8x5.5	Main
Living Room	16x19	Main
Office	14x13	Second
Second (2nd) Bedroom	14x16	Second
Third (3rd) Bedroom	12.5x11	Second

Documents

4531 Island View Dr - Floorplan.PDF ›

4531 Island View Dr - Legal Description. ›

4531 Island View Dr - Seller's Property ›

Listing Office: Douglas Miller

Last Updated: October - 07 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

4531 Island View Drive, Mound, MN 55364 (MLS# 7122213)