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About This Home

This 3-bedroom, 3-bathroom townhouse at 2948 Pelican Point Circle in Mound, MN is listed for $2,300,000 ($685 per sqft). Built in 1996, the home offers 3,357 sqft of living space on a 0.15 acres lot.

Agent Description

Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature. Two additional bedrooms are great for guests or family.

Enjoy maintenance-free living with exceptional shared amenities including a boathouse, picnic area, golf cart paths, beautifully manicured grounds, and optional social activities that create a welcoming neighborhood atmosphere. A highly coveted canopied boat slip is available through the association for an annual fee, making it easy to enjoy boating and the Lake Minnetonka lifestyle at a moment’s notice.

Key Features

  • Built in 1996
  • 0.15 acre lot
  • Waterfront

Property Details

2 full, 1 half
1996

Amenities

Waterfront

Monthly Cost Estimate

$12,301/mo

20% down · 6.5% · 30 years

Principal$1,663
Interest$9,967
Insurance$671

Estimates only. Actual payments may vary.

Location

2948 Pelican Point Circle

Mound, MN 55364

Pelican Point

Features & Amenities

Exterior Features

Cement Board

Property Details

Parking

CoveredDrivewayGarageGarage - Attached

Heating

Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasherWater - Softener

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 2948 Pelican Point Circle is listed at $2,300,000 ($685/sqft). The estimated monthly payment is $9,967 based on 20% down at 6.5% interest.

Key features include: Built in 1996, 0.15 acre lot, Waterfront. Exterior Features: Cement Board.

This property is listed by Kathleen A Murphy and can be reached at 6123284039 or kathymurphy@compass.com.

KM

Kathleen A Murphy

Agent at Compass

(612) 328-4039

Listed by Compass · View on Broker Site

MLS# 7033174· Source: listhub· Updated 5 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2948 Pelican Point Circle, Mound, MN 55364

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