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Wooded Walk-Out Lakeview Lot
For Sale
$189,900

5123 Waterbury Road, Mound, MN 55364

Land, Mound, MN

Property SizeContact for details
Lot Size0.26 Acres
Days on Market189

Property Features for 5123 Waterbury Road

General Information

Property type Land
Property subtype Other
Zoning description Lot, Residential-Single Family
Lot features Property Adjoins Public Land, Tree Coverage - Heavy, Underground Utilities
High school district Westonka
Directions County Road #15/Shoreline Drive W. to Wilshire Blvd., S. to Tuxedo Blvd., to Waterbury Rd.
Standard status Active
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2171

Utilities

Utilities Cable Available
Water front features Lake
Water front 1
Listing Agency: Home Avenue Flat Fee Realty
Listed By: Gregory W Lawrence · License #20324479
Added: Feb 12 Changed: Aug 19 Last Checked: Aug 20 at 1:06AM
MLS# 7020469

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.

This sale includes a wooded walk-out building site identified as 5123 Waterbury (Lot B). The property is described as naturally suited for a walk-out design and positioned with a south exposure, overlooking a nature area. The builder indicates the site can accommodate either a two-story or rambler home plan with a three-car garage.

The location is presented as private and set on a quiet, no-outlet road near Lake Minnetonka, with seasonal lake views. The remarks state the building sites are ready for permitting and that all utilities are in. If the home is built with Custom Living Homes, LLC, the listing notes that the price includes removal of the existing home; otherwise, the lot is offered “as is” with the existing home.

Interested parties are asked to schedule an appointment with the builder to view the lots, and not to walk the property without the builder’s presence.

Key Highlights

  • Lake Minnetonka waterfront lots with Lake access and natural wooded settings
  • Building site: 5123 Waterbury (Lot B) is a natural walk‑out lot
  • Utilities are in, and building sites are ready for permitting

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Furniture & Home Goods (Bike/Boat/Book/etc) Store Accounting Firm

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Permitting-ready lot with utilities in and natural walk-out characteristics, offering seasonal Lake Minnetonka views.
Where is this residential land & home lot located?
The property is located at 5123 Waterbury Road Mound, MN.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Lake Minnetonka waterfront lots with Lake access and natural wooded settings; Building site: 5123 Waterbury (Lot B) is a natural walk‑out lot; Utilities are in, and building sites are ready for permitting
More about this property
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