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$799,900 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 905 Sq. Ft.
  • 2 Car Garage
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Located on the highly sought-after "Island" of Lake Minnetonka, this rare lakefront property offers 80 feet of south-facing shoreline on picturesque Phelps Bay. The home is not quite move-in ready and presents a prime opportunity for investors, builders, or homeowners looking to bring their vision to life. Whether you're planning to renovate and resell, remodel and enjoy, or tear down and build new, this property offers endless potential. With the right updates and design, this lakeshore retreat can truly shine. It could serve as a summer getaway, long-term rental, or luxury dream home. The seller is including a full survey, site specifications, architectural renderings, and a proposed layout for a future build. A rare lakeside shed at the water's edge is also included, providing convenience and added value. This is a blank canvas on one of Lake Minnetonka's most desirable shorelines-offering flexibility, upside, and the chance to create something truly special.

Full Property Details for 4877 Island View Dr

General

  • Price: $799,900
  • Taxes: $11,985 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6805864
  • Updated: 12/16/2025
  • Added to Site: 91 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Mound
  • Subdivision: Devon
  • Driving Directions: From Tuxedo Blvd, turn onto Clyde and then take a right onto Island View. Follow this several blocks down and the property will be on your left.

School Information

  • School District: 1250 - 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: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Walk-Out
  • Foundation Size: 608
  • Disability Access: None
  • Square Feet: 905
  • Above Ground: 608 Sq. Ft.
  • Below Ground: 297 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Dimensions: 79 x 100
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $11,985
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: BLOCK 014 DEVON LOTS 10 AND 11
  • Property ID: 2511724110041

Listed by eXp Realty

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— 4877 Island View Dr —

  • eXp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 4877 Island View Dr

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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4877 Island View Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2025
Listed
$799,900
-3.86%
MLS
1/03/2025
Sold
$832,000
—
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 4877 Island View Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,985
-10%
$983,000
-13%
2023
$13,316
24%
$1,135,300
16%
2023
$10,723
—
$981,000
43%
2023
$10,723
52%
$685,000
25%
2020
$7,074
17%
$548,000
16%
2019
$6,052
4%
$472,000
10%
2018
$5,801
3%
$428,000
5%
2017
$5,651
1%
$409,000
5%
2016
$5,608
-1%
$391,000
—
2015
$5,656
-3%
$391,000
3%
2014
$5,843
-2%
$380,230
-4%
2013
$5,977
—
$395,490
—
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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4877 Island View Drive, Mound, MN 55364 (MLS# 6805864) is a Single Family property with 2 bedrooms and 1 full bathroom. 4877 Island View Drive is currently listed for $799,900 and was received on October 17, 2025. Want to learn more about 4877 Island View Drive? 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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