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Active NEW!
$899,000
/mo Edit
Lot/Land:  Lot/Land
Built 1930
0.18 acres
MLS# 7032003
My rating:
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    Property Description

    Rare opportunity to build your dream luxury 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

    Contingency: None
    City: Mound
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55364
    Subdivision Name: Devon

    Exterior

    Garage Spaces: 2

    Lake & Waterfront

    Waterfront View: South
    Waterfront: Lake Front

    Lot & Land

    Acres: 0.18
    Geolocation: 44.91905, -93.648696
    Inclusions: For Sale Sign
    Lot Dimensions: 80 x 108 x 80 x 100
    Restrictions: Open
    Zoning: Residential-Single Family
    Lot Description:
    • Property Adjoins Public Land
    • Tree Coverage - Medium

    Farm

    Topography: Sloped

    Schools

    School District: 1250
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $11,985
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,985
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Other
    Available Utilities:
    • Electricity Available
    • Natural Gas Available
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX HomeMasters.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.