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$949,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,412 Sq. Ft.
  • 2 Car Garage
  • Updated 4 hours ago
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Discover an exceptional opportunity to build a one-of-a-kind luxury home on coveted Phelps Island, where timeless craftsmanship meets the unmatched lifestyle of Lake Minnetonka. Perfectly positioned with beautiful views of Phelps Bay, this to-be-built custom residence by Norbrook Construction offers the rare freedom to create a home that is uniquely yours. Personalize the thoughtfully designed floor plan, modify the layout to fit your needs, select every finish, or bring your own custom plans to bring your vision to life. Designed with both everyday living and elegant entertaining in mind, the proposed home features 4 bedrooms, 3 bathrooms, and a 2 car attached garage, with the flexibility to add a 5th bedroom. The upper level hosts three spacious bedrooms, including a luxurious primary suite complete with spa-inspired private bath and oversized walk-in closet. Sun-filled open living spaces flow seamlessly throughout the main level, where a stunning gas fireplace creates a warm focal point and expansive windows frame picturesque views of Phelps Bay. Every inch of the home reflects Norbrook Construction's commitment to exceptional quality and attention to detail. Premium appliances, designer lighting, custom cabinetry, luxury flooring, beautiful countertops, and carefully curated finishes come together to create an elevated living experience that is both sophisticated and welcoming. Delivered turnkey, your home will be professionally landscaped and finished to the highest standards. Beyond the front door, embrace the coveted Lake Minnetonka lifestyle. Just steps from public beaches, parks, playgrounds, and neighborhood docks, you'll have easy access to everything that makes lakeside living so desirable. Secure your own dock slip and spend your days cruising the lake, enjoying waterfront restaurants, fishing, paddleboarding, or simply taking in spectacular sunsets over the water. This is more than a custom home-it's an opportunity to experience luxury living in one of Lake Minnetonka's most sought-after communities.

Full Property Details for 3149 Inverness Ln

General

  • Price: $949,900
  • Taxes: $2,210 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7116704
  • Updated: Today (7/27/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Kitchen/Dining Room
  • Formal Dining Room: Kitchen/Dining Room
  • Laundry: Electric Dryer Hookup, Laundry Room, Upper Level, Electric Dryer Hookup, Laundry Room, Upper Level

Additional Information

  • Amenities: Ceiling Fan(s), Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Paneled Doors, Porch, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Front Porch, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 19 x 22
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Hennepin
  • Township: Mound
  • Driving Directions: Tuxedo, right on Drury, then immediate right onto Inverness. Not well marked, look up the hill.

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 in Street
  • Water: City Water (In-Street)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Egress Window(s), Sump Pump, Walk-Out
  • Foundation Size: 1400
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 3,412
  • Above Ground: 2,550 Sq. Ft.
  • Below Ground: 1,062 Sq. Ft.
  • Finished Down/Base.: 3,612 Sq. Ft.
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 60 x 190 x 60 x 190
  • Frontage: City Street
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $2,210
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: BLOCK 008 PEMBROKE LOT 12 THE S 1/2 OF LOT 11 ALSO THE NLY 60 FT OF SLY 100 FT OF LOT 14

Listed by Edina Realty, Inc.

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Listing agents

— 3149 Inverness Ln —

  • Edina Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

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Request a Quote

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

Schools serving 3149 Inverness Ln

School District:Westonka Public School District
NameGradesDistance
Shirley Hills Primary School
2450 Wilshire Boulevard, Mound, MN 55364
PK-41.1 mi
Grandview Middle School
1881 Commerce Boulevard, Mound, MN 55364
5-72 mi
Mound-Westonka High School
5905 Sunnyfield Road East, Minnetrista, MN 55364
8-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3149 Inverness Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/27/2026
Listed
$949,900
688.3%
MLS
11/03/2022
Sold
$120,500
—
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 3149 Inverness Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,159
-2%
$101,200
-10%
2024
$2,210
25%
$112,700
-9%
2023
$1,769
-2%
$123,600
-32%
2023
$1,803
—
$183,000
28%
2023
$1,803
-20%
$143,000
1%
2020
$2,247
3%
$141,000
6%
2019
$2,182
2%
$133,000
9%
2018
$2,146
-2%
$122,000
—
2017
$2,193
—
$122,000
5%
2016
$2,186
-3%
$116,000
4%
2015
$2,253
51%
$112,000
15%
2014
$1,490
11%
$97,000
9%
2013
$1,344
—
$89,000
—
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 Edina Realty, Inc.

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3149 Inverness Lane, Mound, MN 55364 (MLS# 7116704) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 3149 Inverness Lane is currently listed for $949,900 and was received on July 27, 2026. Want to learn more about 3149 Inverness Lane? Do you have questions about finding other Single Family real estate for sale in Mound? You can browse all Mound real estate or contact a Coldwell Banker agent to request more information.

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