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$550,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,616 Sq. Ft.
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Opportunity awaits at 5540 County Road 151 in Mound! Sitting on 2.87 acres, this unique property is currently being used as a storage facility with all leases on a month-to-month basis. Zoned residential-buyers are encouraged to contact the City of Minnetrista directly to explore potential uses and future options. Bring your vision and imagine the possibilities for this expansive parcel. Whether for redevelopment, personal use, or a new venture, this property offers space and potential in a prime location. Buyer and buyer's agent to verify all information and conduct their own due diligence on zoning, allowable uses, and future opportunities. Don't miss 675 Clarence (MLS#6718150)-the adjoining property directly to the north, offering even more potential.

Full Property Details for 5540 County Rd 151

General

  • Price: $550,000
  • Taxes: $5,472 (2024)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6718160
  • Updated: 10/4/2025
  • Added to Site: 107 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: Detached

Location

  • County: Hennepin
  • Subdivision: Illies Corner
  • Driving Directions: From County Road 110 N or County Road 19 ? head to County Road 151 ? follow County Rd 151 until you reach the property.

School Information

  • School District: 277 - Westonka
  • High School District: Westonka

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well

Structural Information

  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Foundation Size: 2616
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,616
  • Above Ground: 1,560 Sq. Ft.
  • Below Ground: 1,056 Sq. Ft.
  • Finished Down/Base.: 2,616 Sq. Ft.
  • Year Built: 1912

Lot Features

  • Lot Size (Acres): 2.87
  • Lot Dimensions: 2.87 acres
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $5,472
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 001 ILLIES CORNER SUBJECT TO ROAD
  • Property ID: 111724330015

Listed by Keller Williams Premier Realty Lake Minnetonka

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— 5540 County Rd 151 —

  • Keller Williams Premier Realty Lake Minnetonka

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5540 County Rd 151

School District:Westonka Public School District
NameGradesDistance
Hilltop Primary School
5700 Game Farm Rd, Minnetrista, MN 55364
PK-40.8 mi
Grandview Middle School
1881 Commerce Boulevard, Mound, MN 55364
5-71.4 mi
Mound-Westonka High School
5905 Sunnyfield Road East, Minnetrista, MN 55364
8-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5540 County Rd 151 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2025
Listed
$550,000
109900%
MLS
10/26/2020
Sold
$500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5540 County Rd 151

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,839
7%
$279,600
2%
2023
$5,472
32%
$274,900
12%
2023
$4,155
—
$246,000
12%
2023
$4,155
—
$220,000
-26%
2020
$4,145
8%
$297,760
-3%
2019
$3,824
5%
$307,890
12%
2018
$3,627
7%
$275,190
22%
2017
$3,395
-1%
$225,040
1%
2016
$3,427
6%
$221,770
12%
2015
$3,247
-6%
$197,790
1%
2014
$3,452
1%
$194,890
-8%
2013
$3,416
—
$212,230
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Premier Realty Lake Minnetonka

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5540 County Road 151, Minnetrista, MN 55364 (MLS# 6718160) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 5540 County Road 151 is currently listed for $550,000 and was received on October 03, 2025. Want to learn more about 5540 County Road 151? Do you have questions about finding other Single Family real estate for sale in Minnetrista? You can browse all Minnetrista real estate or contact a Coldwell Banker agent to request more information.

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