4776 Island View Drive, Mound, MN 55364

$325,000 Asking Price

2 beds
1 bath
1,118  sqft
Built in 1920

A rare opportunity to purchase a classic cottage-cabin rambler on Phelps Island, steps from Phelps Bay, Lake Minnetonka. Built in 1920, this charming home sits on a double, corner, and wooded lot, surrounded by well-cared-for mature trees. The large fenced-in yard is a blank canvas for anyone who wants to create their dream landscaping/garden or have a large space for kids or pets or both. The property has two large driveways - more than enough extra space to park your boat, camper etc. As a Mound resident the owner will be part of the exclusive Mound Dock Program, allowing access to stunning Phelps Bay, Lake Minnetonka. The light-filled, open-plan, and relaxed interior feels connected to the nature that surrounds the home. Two large bedrooms, working original fireplace, with ample room for entertaining inside and out. Set in a tranquil location this home feels like a hideaway. New roof on house in 2023. New roof on garage and garage rehab in 2022. New retaining wall in 2023. Bathroom pipes/plumbing replaced 7 years ago with a bathroom update. HVAC, washer, dryer, range, and refrigerator have all been covered by "Home Service Plus" through Centerpoint Energy - all kept serviced and up to date. Phelps Bay is one of the quietest Bays on Lake Minnetonka - lots of sailing, windsurfing, kayaking, and canoeing. Don’t miss this opportunity to live in a truly beautiful and unique location.


Features & Amenities

Interior

Rooms:
Dining Room, Den, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry, Living Room
Basement:
Crawl Space
A/C:
Wall Unit(s)
Heating:
Forced Air
Fireplace:
Fireplace, Fireplaces: 1

Exterior

Parking:
Detached, Concrete

Construction

General:
One

Location

HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Westonka
County:
Hennepin

Lot

Zoning:
3011723220069

Utilities

Water:
City Water - In Street
Sewer:
City Sewer - In Street

Financial

Source:
northstar

This listing courtesy of:
Anderson Realty

About Mound, MN

Housing

Number of Units
6,399
Median Home Value
$381,870
Median Rent
$794

18.77% of housing units are renter occupied.

7.27% are vacant.

Commute

Car
56.88%
Public Transportation
1.28%
Walk to Work
1.41%
Work from Home
39.58%
Other
0.59%

The median travel time to work is 20 minutes.

People

Population
13,959
Median Age
45.60
Median Household Size
2.68

Education

High School
20.29%
Associate’s Degree
8.45%
Bachelor’s Degree
31.85%
Graduate Degree
15.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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