4743 Island View Drive, Mound, MN 55364

New Listing
$2,399,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,575 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $2,399,000 List Date: 3/26/2026 Last Modified: 3/26/2026

Overview

Description

Wake up to stunning southern-facing views of Phelps Bay and a beautiful hard sand lake bottom perfect for swimming and all your lake activities from this meticulously maintained lakefront home featuring dramatic floor-to-ceiling windows spanning the main level for exceptional lake presence and natural light. Thoughtfully designed for comfortable living, the home offers four bedrooms on one level, along with 10-foot ceilings on the main level and 9-foot ceilings in the lower level, creating a bright and spacious feel throughout. The kitchen has been recently updated with new Cambria countertops and backsplash, blending style and functionality. Outdoor living shines with a new expansive Azek deck featuring a retractable-top pergola and natural gas hookups for a grill and fire table, perfect for lakeside entertaining. Lakeside landscaping and retaining wall installed in 2021 include Azek steps leading down to the lake, complemented by professional landscape lighting and irrigation. The property also features a walkout to a rare flat lakeside lawn ideal for summer games and gatherings, along with excellent privacy on both sides from fencing and mature arborvitaes. Large flat rip rap installed in 2018 provides durable and attractive shoreline protection. Additional highlights include a finished and heated three-car garage with mezzanine storage, 50-amp hookup for Level II EV charging, whole-house central vacuum with a brand new vacuum unit, and a new paver driveway installed in 2025. The home also features geothermal heating and cooling for efficient year-round comfort along with lower-level radiant floor heating for cozy Minnesota winters. Enjoy morning coffee or evening sunsets from the primary bedroom’s private balcony overlooking the lake. Conveniently located near the The Shoreline Hotel and within walking distance to Al and Alma's Supper Club & Charter Cruises for dining and lakeside entertainment. Located in the award-winning Westonka School District. The property also offers the unique opportunity for a large additional storage garage and rental house located across the street. Ask your agent for additional details.

Listing Details MLS# 7036476

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Frontage
50
Waterfront Present
Yes
Year Built
2008
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
4
Bath Half
Yes
Main Floor Total SqFt
1560
Above Grd Total SqFt
3185
Below Grd Total SqFt
1390
Total SqFt
4575
Total Finished Sqft
4425.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(SF) Single Family
Foundation Size
1437
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
50x150
Acres
0.17
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Geothermal; Zoned Amenities Unit: Balcony; Boat Slip; Cable; Ceiling Fan(s); Deck; Dock; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Central Vacuum; Chandelier; Dishwasher; Disposal; Double Oven; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Wine Cooler Assumable Loan: Not Assumable Basement: Drain Tiled; Full; Poured Concrete; Sump Pump Bath Description: Double Sink; Full Jack & Jill; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; Full Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower Construction Materials: Concrete Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Separate/Formal Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Cement Board Family Room Characteristics: 2 or More; Entertainment/Media Center; Family Room; Great Room; Lower Level; Main Level Fencing: Composite; Privacy Fireplace Characteristics: Family Room; Gas Burning Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air; Geothermal; In-Floor Heating Internet Options: Cable Lake Details: Excellent Sand; Hard Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Lot Description: Accessible Shoreline Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage Road Frontage: City Street Roof: Age Over 8 Years; Asphalt Shingles Sewer: City Sewer/Connected Special Search: 4 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; South

Contract Information

Contingency
None
Original List Price
2399000
ListPrice
2399000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
4743
Street Name
Island View
Street Suffix
Drive
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364

Assessments

Tax With Assessments
24956
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3185
Finished SqFt Below Ground
1240

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
15-26

Lake Details

Lake Acres
14205
Lake Depth
113
Excellent Sand
Yes
Hard
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Height
8
Garage Square Feet
648
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Storage
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 008 BLOCK 007 DEVON
Listing City
Mound
Map Page
117
Municipality
Mound
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Country
US
Property ID Number
3011723220056
Tax Year
2026
Tax Amount
24956
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Wake up to stunning southern-facing views of Phelps Bay and a beautiful hard sand lake bottom perfect for swimming and all your lake activities from this meticulously maintained lakefront home featuring dramatic floor-to-ceiling windows spanning the main level for exceptional lake presence and natural light. Thoughtfully designed for comfortable living, the home offers four bedrooms on one level, along with 10-foot ceilings on the main level and 9-foot ceilings in the lower level, creating a bright and spacious feel throughout. The kitchen has been recently updated with new Cambria countertops and backsplash, blending style and functionality. Outdoor living shines with a new expansive Azek deck featuring a retractable-top pergola and natural gas hookups for a grill and fire table, perfect for lakeside entertaining. Lakeside landscaping and retaining wall installed in 2021 include Azek steps leading down to the lake, complemented by professional landscape lighting and irrigation. The property also features a walkout to a rare flat lakeside lawn ideal for summer games and gatherings, along with excellent privacy on both sides from fencing and mature arborvitaes. Large flat rip rap installed in 2018 provides durable and attractive shoreline protection. Additional highlights include a finished and heated three-car garage with mezzanine storage, 50-amp hookup for Level II EV charging, whole-house central vacuum with a brand new vacuum unit, and a new paver driveway installed in 2025. The home also features geothermal heating and cooling for efficient year-round comfort along with lower-level radiant floor heating for cozy Minnesota winters. Enjoy morning coffee or evening sunsets from the primary bedroom’s private balcony overlooking the lake. Conveniently located near the The Shoreline Hotel and within walking distance to Al and Alma's Supper Club & Charter Cruises for dining and lakeside entertainment. Located in the award-winning Westonka School District. The property also offers the unique opportunity for a large additional storage garage and rental house located across the street. Ask your agent for additional details.
Directions
County Road 15 to Interlachen Road (125), South to Tuxedo Blvd. - Left on Clyde, Right on Island View to Home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Geothermal
Yes
Zoned
Yes

Amenities Unit

Balcony
Yes
Boat Slip
Yes
Cable
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Dock
Yes
French Doors
Yes
Hardwood Floors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Panoramic View
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Central Vacuum
Yes
Chandelier
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Wine Cooler
Yes

Assumable Loan

Not Assumable
Yes

Basement

Drain Tiled
Yes
Full
Yes
Poured Concrete
Yes
Sump Pump
Yes

Bath Description

Double Sink
Yes
Full Jack & Jill
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
Full Basement
Yes
Bathroom Ensuite
Yes
Jetted Tub
Yes
Separate Tub & Shower
Yes

Construction Materials

Concrete
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Cement Board
Yes

Family Room Characteristics

2 or More
Yes
Entertainment/Media Center
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Composite
Yes
Privacy
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Geothermal
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Gas Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Sink
Yes
Washer Hookup
Yes

Lot Description

Accessible Shoreline
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Covered
Yes
Deck
Yes

Road Frontage

City Street
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Special Search

4 BR on One Level
Yes
Main Floor Laundry
Yes
Primary Bdr Suite
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

Bay
Yes
Lake
Yes
South
Yes

Room Information

Amusement Room Dimensions: 26x16 Level: Lower Bar/Wet Bar Room Dimensions: 11x10 Level: Main Deck Dimensions: 20x16 Level: Main Deck Dimensions: 5x4 Level: Upper Dining Room Dimensions: 15x13 Level: Main Family Room Dimensions: 22x18 Level: Main Fifth (5th) Bedroom Dimensions: 14x12 Level: Lower First (1st) Bedroom Dimensions: 18x16 Level: Upper Fourth (4th) Bedroom Dimensions: 14x12 Level: Upper Kitchen Dimensions: 19x16 Level: Main Laundry Dimensions: 15x10 Level: Main Patio Dimensions: 14x12 Level: Lower Second (2nd) Bedroom Dimensions: 15x12 Level: Upper Third (3rd) Bedroom Dimensions: 14x13 Level: Upper
Listing Office: Bridge Realty, LLC
IDX
Last Updated: March - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.