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$469,888
5 Beds 3 Baths 7107869 MLS
Nestled in the sought-after Phelps Island neighborhood in Lake Minnetonka, this beautifully maintained 5-bedroom, 3-bath rambler home offers over 2,500 square feet of thoughtfully designed living space in the highly regarded Westonka School District (ISD 277). The main level is designed for comfortable everyday living and features a spacious primary suite with a private bath, a second bedroom or home office, and a full guest bathroom. Beautiful hardwood floors, wide 32-inch doorways, and a generous kitchen with a center island create an open, welcoming space that is both functional and handicap friendly height. Recent improvements include fresh interior paint, a newer air-conditioning system, a refinished wraparound deck, and an upgraded whole-home water softening and filtration system. The newly installed white vinyl fence provides privacy while framing beautifully landscaped gardens and a spacious brick paver patio—perfect for entertaining, summer barbecues, morning coffee, or relaxing Minnesota evenings. The fully finished lower level features impressive 9-foot ceilings and three garden-view bedrooms that bring in abundant natural light, creating a bright and inviting living space. A large family and recreation room easily accommodates movie nights, game tables, a children’s playroom, home gym, or hobby area. The lower-level bathroom includes a double-sink vanity and an oversized walk-in shower, while a second laundry area adds everyday convenience. Located just minutes from Lake Minnetonka and within walking distance of Al & Alma’s Supper Club, neighborhood parks, trails, and other lake-area amenities, this home offers the perfect combination of comfort, flexibility, and lifestyle. Whether you’re raising a family, welcoming grandchildren and guests, working from home, or simply looking for the ease of one-level living with exceptional finished space below, this home offers warmth, versatility, and the welcoming charm that makes Phelps Island one of the Westonka area’s most desirable neighborhoods.

5142 Waterbury Road, Mound

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$799,000
4 Beds 4 Baths 7085009 MLS
Welcome to this impeccably maintained one-level living home situated on a spacious corner lot with breathtaking views of Lake Minnetonka from nearly every room. Perfectly positioned directly across from Avalon Park, this exceptional property offers the ultimate year-round lake lifestyle. Enjoy convenient access to Lake Minnetonka with the opportunity to join the City of Mound Commons Dock Program waitlist for a boat slip directly across the street. Additional dock lease locations are also available through the City of Mound. Avalon Park provides immediate access for kayaking, canoeing, and paddleboarding, while winter brings easy access for snowmobiling, ice fishing, and all your favorite cold-weather activities. Designed for entertaining both inside and out, the home features multiple outdoor living spaces, including a spacious grilling deck, a private fire pit deck, and a private hot tub deck, creating endless opportunities to relax and gather with family and friends. Step inside and prepare to be impressed by the stunning open-concept one level living, highlighted by soaring cedar-vaulted ceilings that draw your attention to the spectacular lake views. The home has been thoughtfully updated throughout, featuring granite countertops, solid alder cabinets, premium stainless steel appliances, and a luxurious owner's suite addition complete with a private spa-inspired bathroom with in floor heating, oversized walk-in closet with laundry, and peaceful lake views with direct access to the private hot tub deck. With three of the home's four bedrooms located on the main level, this home truly delivers the ease and convenience of one-level living. The lower level offers a versatile fourth bedroom that can also serve as a recreation room or guest suite and includes a convenient kitchenette, and secondary laundry making it ideal for visitors or multi-generational living. Storage is abundant throughout the home, providing plenty of space for all your belongings. The heated three-car garage features durable epoxy floors, while the newly installed concrete driveway doubles as the perfect pickleball or sport area. The expansive yard also offers ample space to add a pool while continuing to enjoy the incredible Lake Minnetonka views. As an added bonus, a nearby lakeshore homeowner may be willing to privately rent a boat slip to the new owner for the 2027 season. This arrangement would be outside of the real estate transaction and is not guaranteed. Offering an unbeatable combination of panoramic lake views, outstanding outdoor living, exceptional updates, and convenient access to both the water and nearby shopping, dining, and amenities, this is a rare opportunity to enjoy the very best of Lake Minnetonka living.

3001 Island View Drive, Mound

Listing courtesy of Coldwell Banker Realty.

$1,050,000
3 Beds 2 Baths 7108967 MLS
Rare Lake Minnetonka lakefront townhome! Beautifully maintained grounds, covered boat slip and long easterly views across Harrison Bay create an exceptional lakeside setting. Main-level features an open floor plan with soaring vaulted ceilings, lakeside owners suite, and a large sunroom overlooking the water. The walkout lower level features a spacious family room with a stone fireplace, wet bar, two additional bedrooms, an adjacent bath and generous storage. Beautiful outdoor entertaining spaces include a lakeside patio overlooking the lush lawn and water. Enjoy low-maintenance living with many recent improvements. Conveniently located just minutes from shopping, restaurants, parks, and the Dakota Trail.

1824 Commerce Boulevard, Mound

Listing courtesy of Coldwell Banker Realty.

$5,795,000
5 Beds 7 Baths 7108758 MLS
Set on 1.3 private acres with 130 feet of south-facing sandy shoreline on Lake Minnetonka, this timeless residence blends classic architecture with exceptional lakeside living. Thoughtfully designed for both everyday comfort and effortless entertaining, the home offers expansive gathering spaces, refined finishes, and stunning lake views throughout. A grand foyer and rich hardwood floors welcome you into the open-concept main level, where soaring two-story windows fill the home with natural light. The main-floor primary suite is a true retreat, complete with dual spa-inspired baths and walk-in closets, heated floors, and private laundry. Designed with flexibility in mind, the main level also features two private offices with gas fireplaces, elegant formal and informal living spaces, a screened porch, lakeside decks, and a spacious eat-in kitchen that seamlessly connects to the dining and family rooms. Upstairs, four generously sized bedrooms feature private lakeview balconies, and an additional laundry area. The walkout lower level includes heated tile floors, a large family room with fireplace, theater room, exercise studio, wet bar, and direct access to the lake. A dedicated lakeside bath, changing room with lockers, and storage for lake toys, make summer days on the water effortless. Outside, the resort-style setting is equally impressive, with a pool, hot tub, expansive lawn, and breathtaking panoramic views creating the ultimate Lake Minnetonka retreat.

1530 Orchard Beach Place, Mound

Listing courtesy of Coldwell Banker Realty.

$479,900
4 Beds 3 Baths 7104300 MLS
Experience the best of Lake Minnetonka living in this immaculate walkout rambler, ideally located just two blocks from the lake with beautiful seasonal views from fall through spring. Nestled in Mound's welcoming Arden neighborhood, this home offers a bright, open-concept design with soaring vaulted ceilings, abundant natural light, custom woodwork, and a gorgeous gas fireplace. The beautifully updated kitchen flows effortlessly into the dining and living spaces, creating the perfect setting for hosting. A spectacular screened porch off the kitchen opens to a private deck and beautifully landscaped gardens, offering exceptional indoor-outdoor living. Retreat to the main-level primary suite, complete with a private ensuite bath and walk-in closet, while a second bedroom and bathroom complete the main floor. The walkout lower level expands the living space with a spacious family room featuring a second fireplace, two additional bedrooms, and a full bath. An attached oversized 3-car garage with dedicated boat or RV parking adds unmatched convenience. Just moments from parks, trails, restaurants, and top-rated Westonka Schools, this stunning home offers the perfect blend of comfort, space, and lake lifestyle.

3067 Alexander Lane, Mound

Listing courtesy of Keller Williams Preferred Rlty.

$859,900
5 Beds 3 Baths 7100106 MLS
Exceptional opportunity on a quiet dead-end road surrounded by luxury homes, just steps from North Arm Bay and offering stunning year-round views of Lake Minnetonka. Large windows in the main living area bring the lakefront scenery indoors, while automated blinds throughout the kitchen, dining, and living rooms add everyday comfort and convenience. Designed for entertaining inside and out, the open-concept layout features a spacious kitchen with granite countertops, updated cabinetry, and seamless flow to the living spaces. Step outside to the oversized wraparound deck overlooking the expansive over half an acre lot complete with a fire pit and fenced backyard with large gate access for equipment, toys, or easy maintenance. A brand-new private guest suite offers luxury accommodations with its own kitchenette, bathroom, and closet—ideal for guests, multigenerational living, or a private office retreat. The attached heated breezeway connects to the impressive 4-stall heated garage, including an oversized bay perfect for a boat, RV, camper, gym, or entertaining space with built-in wet bar and cabinetry. Epoxy garage floors and abundant storage throughout add even more appeal. Additional upgrades include Marvin windows throughout, roof, Hardie siding with stone accents, driveway, garage doors, A/C, whole-house water filtration with reverse osmosis, maintenance-free deck boards, and more. Enjoy the rare ability to walk to lightly used public lake access directly across from the home for boating, fishing, swimming, kayaking, or snowmobiling. Location, lifestyle, and updates all come together in this one-of-a-kind property.

1375 Cherry Place, Mound

Listing courtesy of RE/MAX Advantage Plus.

$4,375,000
5 Beds 7 Baths 7073912 MLS
Lake Minnetonka living at its finest. Better than new construction, this exceptional 8,600+ finished square foot estate is set on 1.96 private acres and includes a dock with a deeded 40-foot yacht slip. Offering 5 bedrooms, 7 bathrooms, and panoramic lake views, the home has been extensively remodeled with uncompromising quality, sophisticated design, and top-tier craftsmanship throughout. Over $1.9M in improvements were completed between 2017 and 2026, including a brand-new 3-car garage with finished loft, designer Class 4 roof, all-new Pella Reserve windows and doors, extensive landscaping and hardscaping, a heated pool patio, commercial-grade pergola, updated HVAC systems, irrigation, lighting, flooring, dock improvements, a full Savant smart home/audio-video system, a brand-new kitchen with high-end appliances, and more. Every detail has been thoughtfully updated. The open-concept floor plan was designed for both everyday functionality and large-scale entertaining, highlighted by soaring 16-foot ceilings and expansive lake views. The custom kitchen by Belle Kitchens features premium Wolf, Sub-Zero, Miele, and Gaggenau appliances, combining clean modern design with professional-grade performance. The resort-style outdoor setting includes a heated pool, hot tub, beautifully paved patio and driveway, mature landscaping, and thoughtfully designed gathering spaces that complement the lake lifestyle. Inside, the home offers two laundry rooms, multiple exercise spaces, a stunning office, fully renovated bathrooms, and carefully selected high-end finishes throughout. The walkout lower level was built for entertaining, featuring a 17x28 wet bar, spacious family room, and a custom saltwater aquarium with exotic fish. In total, the property offers garage space for up to 7 vehicles, including EV charging capability, making it an ideal setup for collectors and enthusiasts alike. A rare opportunity to own a truly turnkey luxury property where every detail has been completed to an exceptional standard. It's simply exceptional.

4145 Trillium Lane E, Mound

Listing courtesy of eXp Realty.

$6,995,000
7 Beds 6 Baths 7086487 MLS
Once-in-a-generation opportunity on the shores of Lake Minnetonka. This magnificent English Tudor estate was custom owner-built and cherished by a single family, making its public debut for the very first time. A property admired from afar for years, and now, for the first time, yours to call home. This 9,100 sq ft stone masterpiece sits on 275 feet of exceptional Lake Minnetonka shoreline with a private beach, private dock, and natural stone seawall, a setting that rivals anything Minnesota has to offer. Inside, soaring 35-foot ceilings are anchored by an entire wall of granite accented with a fireplace and waterfall. Framed by exposed wood beam trusses and a great room that flows effortlessly between the custom wet bar, billiard lounge, and upper-level overlook. Every detail speaks to the extraordinary craftsmanship woven into every inch of this home, the kind of artistry that simply cannot be replicated. The two-story master suite is a private sanctuary unto itself, and a full guest apartment offers flexibility for multigenerational living or hosting at the highest level. Step out onto the third-floor decks from either the master or guest suite and greet the morning with coffee and unobstructed lake views that stretch for miles. Outside, the grounds are resort-caliber, a real putting green, lakeside stone fountain, and manicured lawns rolling gently to pristine shoreline. This home and it's setting is among the finest you will find anywhere on the lake. Set back 50 feet from the water, this estate holds a footprint that current shoreline regulations make utterly irreplaceable and could never be built again today. Seven bedrooms, six bathrooms, a 5-car garage and a whole home generator complete the offering. This is not just a home. It is a legacy property, and there will never be another one like it. One owner. One vision. One chance.

4100 Enchanted Lane, Mound

Listing courtesy of Edina Realty, Inc..

$1,950,000
3 Beds 3 Baths 7033174 MLS
Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature. Two additional bedrooms are great for guests or family. Enjoy maintenance-free living with exceptional shared amenities including a boathouse, picnic area, golf cart paths, beautifully manicured grounds, and optional social activities that create a welcoming neighborhood atmosphere. A highly coveted canopied boat slip is available through the association for an annual fee, making it easy to enjoy boating and the Lake Minnetonka lifestyle at a moment’s notice.

2948 Pelican Point Circle, Mound

Listing courtesy of Compass.

$2,999,999
4 Beds 5 Baths 7049578 MLS
Experience exceptional Lake Minnetonka living on West Arm Bay, where panoramic water views and timeless design define this stunning custom retreat. Designed to maximize natural light from nearly every room, this home blends luxury and effortless lakeside living. The main level is ideal for entertaining with a lake-facing kitchen, dining, and living areas anchored by a stone fireplace, oversized quartz island, and premium appliances. Upstairs, find three spacious bedrooms, each featuring its own walk-in closet and private ensuite bath, including a serene primary suite with a spa-like bath and adjoining laundry. The walkout lower level features sliding glass doors for seamless lake access, a kitchenette, exercise room, Finnish-style sauna, and guest bedroom. Enjoy 50 feet of riprap shoreline, a private dock, and endless days on the water. Located in charming Mound, you will enjoy a premier up north lifestyle close to the Twin Cities.

1748 Shorewood Lane, Mound

Listing courtesy of Coldwell Banker Realty - Lakes.

$300,000
3 Beds 2 Baths 7065533 MLS
Welcome home to a space that simply feels right the moment you walk in. Thoughtfully designed and beautifully maintained, this 3-bedroom, 2-bath townhome offers the kind of layout that makes everyday living effortless, open, bright, and perfectly connected. Sunlight pours across the south facing main level, where comfortable living and dining spaces flow naturally together, creating an inviting setting for both quiet nights in and easy entertaining. Just beyond, a screened porch becomes your private retreat, overlooking tranquil pond views and wildlife that bring a sense of calm to your morning coffee and evening unwind. Upstairs, all three bedrooms are thoughtfully placed on one level, including an exceptionally spacious primary that offers incredible flexibility. Whether you envision a luxurious retreat, a cozy lounge, or even a bonus living space, this room adapts to your lifestyle. And with convenient second-floor laundry, daily routines feel just a little bit easier. This home also delivers where it matters most, value and peace of mind. Major updates have already been taken care of, including a new roof (2023) and brand-new furnace and air conditioner (March 2026), along with fresh flooring, baseboards, and paint throughout. Beyond the home itself, the lifestyle continues. Enjoy low-maintenance living in a location that puts you close to parks, trails, dining, and everything Mound has to offer. And perhaps most uniquely, this property is eligible for the Mound dock lottery—an incredible opportunity for potential access to Lake Minnetonka, adding a layer of possibility that’s hard to find at this price point. Comfort, flexibility, scenic views, and with payments less than rent, this is more than a home; it’s a smart move and a special place to land.

5793 Colony Lane, Mound

Listing courtesy of Edina Realty, Inc..

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