# 4877 Island View Drive, Mound, MN 55364

> **TL;DR:** land, $899,000, built 1930. Est. $3,896/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Year Built | 1930 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 35 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,896 |
| **Total** | **$3,896** |

## Property Highlights

- Built in 1930
- 0.18 acre lot

## Description

### Agent Description
Rare opportunity to build your dream luxury lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beautiful water views create the ideal setting for your custom lakeshore retreat. Exceptional chance to secure a premium homesite on Minnesota's most desirable lake.

## Location

- **Address:** 4877 Island View Drive, Mound, MN 55364
- **County:** Hennepin
- **Neighborhood:** Devon
- **Coordinates:** 44.91905, -93.648696
- **Google Maps:** https://www.google.com/maps?q=44.91905,-93.648696

## Listing Agent

- **Name:** Margaret Cheney
- **Brokerage:** RE/MAX HOMEMASTERS
- **Phone:** 7632057000
- **Email:** margaretcheneyrealtor@gmail.com

## Primary Photo

![4877 Island View Drive - Primary Photo](http://lh.rdcpix.com/e7fdbb7b1ca10f7c4c7d342f7473e6fcl-f242158034r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/4877-island-view-drive-mound-mn-55364-7032003)*

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**MLS#:** 7032003 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/4877-island-view-drive-mound-mn-55364-7032003)

---

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  "description": "Rare opportunity to build your dream luxury lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beauti",
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