4877 Island View Dr

905 Sq. Ft.
$884 / Sq. Ft.
905
Sq. Ft.
$884
per Sq. Ft.

Description

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...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.
  1. Listed by eXp Realty • Corey J Wright

Property Details for 4877 Island View Drive

Subdivision Name
Devon
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 01/23/2026 10:08 AM

Property Details for 4877 Island View Drive

StatusPending
MLS #6805864
Days on Compass0
Taxes$11,985 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.18 AC / 7,840 SF
CountyHennepin County

Location

Listing Courtesy of eXp Realty
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Building Information for 4877 Island View Drive

Stories-Year Built1930Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$4,897 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$999

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4877 Island View Drive

Summary
Location and General Information
  • City Name: Mound
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • 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.
  • Latitude: 44.91905
  • Longitude: -93.648696
  • Map Coordinate: 117-A2
  • City and Location: Mound
  • City and Location Text: Mound(MN)
  • Postal Code: 55364
  • State Or Province: MN
  • Public Survey Township: 117
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 2511724110041
  • Tax Annual Amount: $11,985.00
  • Tax Legal Description: BLOCK 014 DEVON LOTS 10 AND 11
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 11985
School Information
  • High School District: 1250 - Westonka
  • School District Number: 1250
  • School District Phone: 9524918001
Property
Lot Information
  • Above Grade Fin SQFT: 608.0
  • Below Grade Fin SQFT: 297.0
  • SQFT Total: 905.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.18
  • Lot Size Dimensions: 79x100
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 608
  • Above Grade SqFt Total: 608
  • Below Grade SqFt Total: 297
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 608.0
  • Fuel: Natural Gas
Interior Features
  • Basement Type: Full, Walkout
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 2
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air
  • Garage Square Feet: 400
  • Heating: Forced Air
  • Levels: One
  • Basement YN: Yes

Property History for 4877 Island View Drive

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Price Change

NorthStar #6805864

$799,900
Oct 17, 2025

Pending

NorthStar #6805864

Oct 9, 2025

Off Market

NorthStar #6757286

Sep 8, 2025

Price Change

NorthStar #6757286

$799,900
Aug 4, 2025

Price Change

NorthStar #6757286

$825,000
Jul 17, 2025

Price Change

NorthStar #6757286

$850,000
Jul 17, 2025

Listed (Active)

NorthStar #6757286

Jan 3, 2025

Sold (Public Record)

Public Record #1548386901

$832,000
Oct 17, 2024

Sold

NorthStar #6516562

$822,000
Aug 19, 2024

Pending

NorthStar #6516562

Apr 9, 2024

Listed (Active)

NorthStar #6516562

$947,000
Feb 24, 1997

Off Market

NorthStar #1242448

Feb 6, 1997

Listed (Active)

NorthStar #1242448

$159,900
DateEvent & SourcePrice
10/17/2025

Price Change

NorthStar #6805864

$799,900
10/17/2025

Pending

NorthStar #6805864

10/09/2025

Off Market

NorthStar #6757286

09/08/2025

Price Change

NorthStar #6757286

$799,900
08/04/2025

Price Change

NorthStar #6757286

$825,000
07/17/2025

Price Change

NorthStar #6757286

$850,000
07/17/2025

Listed (Active)

NorthStar #6757286

01/03/2025

Sold (Public Record)

Public Record #1548386901

$832,000
10/17/2024

Sold

NorthStar #6516562

$822,000
08/19/2024

Pending

NorthStar #6516562

04/09/2024

Listed (Active)

NorthStar #6516562

$947,000
02/24/1997

Off Market

NorthStar #1242448

02/06/1997

Listed (Active)

NorthStar #1242448

$159,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4877 Island View Drive

Taxable ValueLand$963,000Additions$20,000Total$983,000
Tax Record2025$11,985 ($999 / month)
Home Facts
Beds2Baths1Total Finished SqFt620 SqFtAbove Grade Finished SqFt620 SqFtUnfinished Basement SqFt310 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1930CountyHENNEPINAPN25-117-24-11-0041Fireplace TypeHas Fireplace

Schools near 4877 Island View Drive

This home is within Westonka Public School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 7
Public - 8 to 12
Public - 12
Rating
School
Distance
Shirley Hills Primary School
PublicK to 4

Grandview Middle School
Public5 to 7

Mound-Westonka High School
Public8 to 12

Transition Plus
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Based on information submitted to the MLS GRID as of 01/23/2026 10:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.