Waterfront Land with South-Facing
For Sale
$849,000
4877 Island View Drive, Mound, MN 55364
Land, Mound, MN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market167
Property Features for 4877 Island View Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential-Single Family
Subdivision
Devon
Lot features
Property Adjoins Public Land, Tree Coverage - Medium
High school district
Westonka
Directions
From Tuxedo Blvd, turn onto Clyde and then take a right onto Island View. Follow this several blocks down and the property will be on your left.
Standard status
Active
APN
2511724110041
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11985
Utilities
Utilities
Water Available
Building Details
Year built
1930
Listing Agency:
RE/MAX HomeMasters · RE/MAX International
(763) 205-7000
Listed By:
Margaret Cheney
(763) 205-7000
Added: Mar 6
Changed: Aug 19
Last Checked: Aug 20 at 1:06AM
MLS# 7032003
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.
Investment Insights
Based on property information with market context.
Waterfront land located at 4877 Island View Drive in Mound, Minnesota, offering 0.18 acres with 80 feet of south-facing shoreline on Phelps Bay on Lake Minnetonka. A dock is allowed, and city sewer and city water are available to the site.
An existing structure on the property provides a teardown opportunity for new construction, while mature trees and a wide lot contribute to the setting and waterfront views.
This parcel is suitable for those looking to develop a lakeshore home on Lake Minnetonka with boating access to the lake.
An existing structure on the property provides a teardown opportunity for new construction, while mature trees and a wide lot contribute to the setting and waterfront views.
This parcel is suitable for those looking to develop a lakeshore home on Lake Minnetonka with boating access to the lake.
Key Highlights
- 0.18‑acre lot on Phelps Bay on Lake Minnetonka with 80 ft of south‑facing shoreline
- Mature trees and a wide lot with lake views
- Dock allowed and city sewer and water available
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 55364, MN
15,210
Population
6,740
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
98%
High-School Grad
15.2 sq mi
ZIP Area
1,001
Density / Sq Mi
$111,083
Median Household Income
$72,391
Median Earnings
$1,128
Median Rent
$411,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Build-ready waterfront lot with 80 feet of south-facing shoreline and city sewer and water available.
Where is this waterfront land located?
The property is located at 4877 Island View Drive Mound, MN.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 0.18‑acre lot on Phelps Bay on Lake Minnetonka with 80 ft of south‑facing shoreline; Mature trees and a wide lot with lake views; Dock allowed and city sewer and water available
