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    51xx Waterbury Rd Mound, MN 55364

    For Sale
    $399,900

    Lots & Land - Mound, MN

    Lot size:
    0.76 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 51xx Waterbury Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Lot,Residential-Single Family
    APN
    TBD
    Lot size
    0.76 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    HomeAvenue Inc (763) 473-1510 [email protected]

    Listing agent Gregory W Lawrence (952) 929-7355

    Listing date Nov 18, 2025

    MLS# 6658925 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot with Lake Views

    This 0.76-acre wooded walk-out lot offers views of Lake Minnetonka. The private building site provides panoramic views of a large pond, nature area, and Phelps Bay. This property includes 160 feet of shoreline on the pond, with a permitted dock and direct access to Lake Minnetonka through a 13-foot wide channel. The pond can accommodate shallow watercraft such as pontoons, shallow bow outboards, bass boats, kayaks, canoes, and windsurfing boards during the summer, as well as ice skating and pond hockey in the winter. The elevated building site can accommodate a two-story or rambler house plan with a three-car garage. The building sites are ready for permitting, and all utilities are in. The property is close to Excelsior and Wayzata, bike trails, parks, and shopping, along with Westonka Schools.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Building Supply Clothing Store Accounting Firm Kitchen & Bath Furniture Store Travel Agency Plumbing Service Dry Cleaner

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mound
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.65520859
    Latitude
    44.91870314

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    FAQs

    What type of property is this?
    Land - Beautiful 0.76-acre wooded lot with views of Lake Minnetonka.
    Where is this land located?
    The property is located at 51xx Waterbury Rd Mound, MN.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Rare 3/4 acre wooded lot on Lake Minnetonka with breathtaking views and 160 ft of shoreline on a large pond.; - Direct access to Lake Minnetonka via a permitted dock and 13 ft wide channel.; - Private, one-of-a-kind building site on a peninsula at the end of a no outlet road.
    (952) 929-7355
    Request Owner's contact information
    51xx Waterbury Rd Mound, MN 55364
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    Mound, MN 55364
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51xx Waterbury Rd Mound, MN 55364
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