4720 Lagoon Drive, Mound, MN 55364 (MLS# 7014617)

4720 Lagoon Drive, Mound, MN 55364

$750,000
Property Type: Land Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $750,000 List Date: 1/30/2026 Last Modified: 8/15/2026

Overview

Description

Discover a rare opportunity to own a premier lakeshore lot nestled within one of Enchanted Island's tranquil lagoons on Lake Minnetonka. Surrounded by natural beauty and an exceptional setting offers a peaceful waterfront retreat with lagoon access to Lake Minnetonka. Enchanted Island Lakeshore lot in one of beautiful Enchanted Island's lagoons. Serene and private. The lagoon entrance opens up on the Howard Point side of the island.

Listing Details MLS# 7014617

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Road Btwn WF & Home?
No
Waterfront Frontage
125
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
125
Acres
0.56
Lake/Waterfront Name
Minnetonka
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Sewer Available Development Status: Raw Land Existing Financing: Free and Clear Improvements: None Land Inclusions: None Road Responsibility: Private Maintained Road Sellers Terms: Cash; Conventional Topography: Level Waterfront Type: Lake Front; Channel Shore

Contract Information

Contingency
None
Original List Price
795000
ListPrice
750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4720
Street Name
Lagoon
Street Suffix
Drive
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
Auditors Sub 354

Assessments

Tax With Assessments
4176
Assessment Balance
0
Assessment Installment
0

Builder Information

Builder Restrictions
Open

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
30
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
AUDITOR'S SUBD. NO. 354 LOT 7 EXCEPT THAT PART DESCRIBED AS BEGINNING AT THE THE SOUTHWEST CORNER THEREOF THENCE ON AN ASSUMED BEARING OF SOUTH 89 DEGREES 17 MINUTES 40 SECONDS EAST ALONG THE SOUTHERLY LINE OF SAID LOT 7 A DISTANCE OF 140.00 FEET THE NCE NORTH 83 DEGREES 01 MINUTES 15 SECONDS WEST TO A POINT ON THE WESTERLY LINE THEREOF DISTANT 16.93 FEET NORTHERLY OF SAID POINT OF BEGINNING THENCE SOUTHERLY TO BEGINNING ALSO THAT PART OF LOT 9 DESCRIBED AS FOLLOWS COMMENCING AT THE NORTHWEST CO R NER OF SAID LOT 7 THENCE NORTHERLY ALONG THE EXTENSION OF THE WESTERLY LINE OF SAID LOT 7 TO THE SOUTHERLY SHORELINE OF THE LAGOON IN LOT 9 THENCE EASTERLY ALONG SAID SHORELINE TO THE NORTHERLY LINE OF SAID LOT 7 THENCE WESTERLY TO POINT OF
Listing City
Shorewood
Map Page
117
Municipality
Shorewood
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
9397
Property ID Number
3011723310016
Tax Year
2025
Tax Amount
4176
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Discover a rare opportunity to own a premier lakeshore lot nestled within one of Enchanted Island's tranquil lagoons on Lake Minnetonka. Surrounded by natural beauty and an exceptional setting offers a peaceful waterfront retreat with lagoon access to Lake Minnetonka. Enchanted Island Lakeshore lot in one of beautiful Enchanted Island's lagoons. Serene and private. The lagoon entrance opens up on the Howard Point side of the island.
Directions
CoRd 15 to Interlachen (CoRd 125) Left onto Tuxedo Blvd. Follow out to Enchanted Drive (over bridge onto Enchanted Island). Go approximately 1 mile, go right on Lagoon Dr.

Development Status

Raw Land
Yes

Existing Financing

Free and Clear
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

Easements-Utility
Yes

Road Responsibility

Private Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Level
Yes

Waterfront Type

Lake Front
Yes
Channel Shore
Yes

Available Utilities

Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes

Improvements

None
Yes

Land Inclusions

None
Yes
IDX
Listing Office: Ferrell Real Estate Group Inc
Last Updated: August - 15 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.