Listing Agency: Ferrell Real Estate Group Inc

Listed By: Nancy F Ferrell Geng Show Phone

Source: Exprealty

Added: Jan 29 Changed: Sep 2 Last Checked: Sep 5 at 1:30PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ferrell Real Estate Group Inc

Investment Insights

Based on property information with market context.

This waterfront land lot is located within one of Enchanted Island’s lagoons on Lake Minnetonka. The lagoon entrance opens on the Howard Point side of the island, providing direct access to the surrounding water. Older pilings are onsite (approximately 26x70x35x74), which may be used or removed.

The property is offered for sale at 4720 Lagoon Dr, Mound, MN. It is part of the Enchanted Island lagoon setting, offering a private lakeshore-lagoon environment.

The existing pilings offer a starting point for waterfront improvements, subject to buyer review and planning for final development and permitting.

Key Highlights

• Lake Minnetonka waterfront lot on an Enchanted Island lagoon setting
• Lagoon entrance faces the Howard Point side of the island
• Existing older pilings on site, approx. 26x70x35x74, possible to use or remove

Property Analytics

Property Profile

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Kitchen & Bath Showroom Travel Agency Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

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.

What type of property is this? Where is this waterfront land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Renovated Lakefront Duplex

2627 Commerce Boulevard, Mound, MN 55364

$750,000

2,188 SF

View details

Waterfront Land with South-Facing Shoreline

4877 Island View Drive, Mound, MN 55364

$849,000

0.18 Acres

View details

Lake Minnetonka Area Wooded Lot

51XX Waterbury Road, Mound, MN 55364

$399,900

0.76 Acres

View details

Residential Development Lot Opportunity

6381 Walnut Rd, Mound, MN 55364

$200,000

0.78 Acres

View details

Wooded Walk-Out Lakeview Lot

5123 Waterbury Road, Mound, MN 55364

$189,900

0.26 Acres

View details

Residential Home Building Lot

4736 N Shore Dr, Mound, MN

$353,500

View details

Lakefront Residential Lot

3046 Julia Way, Mound, MN 55364

$769,000

0.20 Acres

View details

Cleared Land Near Lake Minnetonka

5581 Shoreline Dr, Mound, MN

Contact for pricing

0.25 Acres

View details

Mound Land Parcel For Sale

6221 Lynwood Boulevard, Mound, MN 55364

Contact for pricing

9.65 Acres

View details

Frequently Asked Questions

What type of property is this?

Waterfront Land - Waterfront land on a Lake Minnetonka lagoon with an existing set of older pilings.

Where is this waterfront land located?

The property is located at 4720 Lagoon Dr Mound, MN.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Lake Minnetonka waterfront lot on an Enchanted Island lagoon setting; Lagoon entrance faces the Howard Point side of the island; Existing older pilings on site, approx. 26x70x35x74, possible to use or remove