4877 Island View Drive, Mound, MN 55364 (MLS# 7143389)

4877 Island View Drive, Mound, MN 55364

$849,000
Property Type: Land Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $849,000 List Date: 9/12/2026 Last Modified: 9/12/2026

Overview

Description

Rare opportunity to build your dream lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beautiful water views create the ideal setting for your custom lakeshore retreat. Exceptional chance to secure a premium homesite on Minnesota's most desirable lake.

Listing Details MLS# 7143389

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Road Btwn WF & Home?
No
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
80x108x80x100
Acres
0.18
Lake/Waterfront Name
Minnetonka
Assessment Pending
No

Property Features

Available Utilities: Electricity Available; Natural Gas Available; Sewer Available; Sewer Connected; Water Available; Water Connected Development Status: Finished Lot(s) Elevation Highpoint to Waterfront Slope: Steep Improvements: Other Land Inclusions: For Sale Sign Lot Description: Property Adjoins Public Land; Tree Coverage - Medium Property SubType: Lake Property; Residential Lot Sellers Terms: Cash; Conventional Topography: Sloped Waterfront Type: Lake Front Waterfront View: South

Contract Information

Contingency
None
Original List Price
849000
ListPrice
849000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4877
Street Name
Island View
Street Suffix
Drive
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
Devon

Assessments

Tax With Assessments
11985

Builder Information

Builder Restrictions
Open

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
25
Township#
117

Documents

IDX
Listing Office: RE/MAX HomeMasters
Last Updated: September - 12 - 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.
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