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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
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.
This listing courtesy of:
Anderson Realty
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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18.77% of housing units are renter occupied.
7.27% are vacant.
The median travel time to work is 20 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.