About This Home

This land at 4877 Island View Drive in Mound, MN is listed for $849,000 (0.18 acres).

Key Features

  • 0.18 acre lot
Listing 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.

Location

4877 Island View Drive

Mound, MN 55364

Devon

Questions & Answers

This 0-bedroom, 0-bathroom land at 4877 Island View Drive is listed at $849,000. The estimated monthly payment is $4,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.18 acre lot.

This property is listed by Margaret Cheney.

MC

Margaret Cheney

Agent at RE/MAX HOMEMASTERS

Listed by RE/MAX HOMEMASTERS · Broker phone: (763) 205-7000 · View on Broker Site · Broker website

MLS# 7143389· Source: Northstar MLS· 46 days on PropertySimple

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.

4877 Island View Drive, Mound, MN 55364

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