51XX Waterbury Road, Mound, MN 55364

$399,900
Property Type: Land Lot Size (sq. ft.): 33,160 Status: Active
Current Price: $399,900 List Date: 3/27/2026 Last Modified: 4/10/2026

Overview

Description

BEAUTIFUL 3/4 ACRE WOODED WALK-OUT LOT WITH BREATH-TAKING VIEWS OF LAKE MINNETONKA! Amazing one of a kind, private building site with panoramic views of a large pond, nature area and Phelps Bay of Lake Minnetonka. (One of two walk-out building sites available) This hidden gem is one of the last large undeveloped parcels left around the lake! Home packages on this lot starting at $1,150k. The property feels like acreage as it sits high out on a peninsula at the end of a private no outlet road. THE PROPERTY INCLUDES 160 FT OF SHORELINE ON THE LARGE POND, WITH A PERMITTED DOCK AND LIMITED DIRECT ACCESS TO LAKE MINNETONKA THROUGH A 13 FT WIDE CHANNEL. The pond is not deep but could accommodate shallow watercraft such as a pontoon, shallow bow outboards and bass boats, kayaks, canoes and wind surfing boards etc., during the summer as well as ice skating and pond hockey in the winter. All of this right at your doorstep, without lake shore taxes! A rare opportunity to build a glorified cabin or large custom home with incredible private water views to the east, for sunrises and woods and nature area to the south and lots of wildlife! Ask the builder about new w/o Crow River lots available for $195k as well. Experience the quality and expertise of building with Custom Living Homes, LLC with over 40 yrs of experience in custom home building with the latest in design trends and technology and with the highest quality craftsmanship and attention to details from start to finish! IF YOU PREFER, YOU CAN BRING YOUR OWN BUILDER. Why settle for an outdated home design and decor with lingering projects when you can have a new custom built home with all the amenities, finishes and colors to your liking! Select one of our beautiful, well designed home plans, from traditional to modem or contemporary (some with a sport court) that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, life style and budget. The building site is a blank canvas with endless possibilities! The elevated building site can easily accommodate a two story or rambler house plan with a three car garage. As an example, our BIRCHWOOD open concept rambler design offers one level living with all the desired amenities and finishes. With the finished walk-out lower level it provides a total of 3,671sf of quality, design and function. The Birchwood house plan on this lot, has a base price of $1,150,000. Ask the builder about building incentives when building with CLH, LLC. Close to Excelsior and Wayzata, bike trails, parks and shopping along with the award-winning Westonka Schools makes this an ideal location to call home! Make an appointment with the builder now to walk the lots and see the building site. The builder will explain the building process and the different home style options etc., and answer any of your questions, so bring your ideas to get started. The building sites are ready for permitting and all utilities are in. Please do not walk the property without the builder or tum around in the neighbor's driveways. Thank you!

Listing Details MLS# 7044365

General Property Information

Comp Sale YN
No
Development
No
Drainage
Excellent
Lot Measurement
Square Feet
Multiple PIDs?
No
Plat Recorded
No
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Lot, Residential-Single Family
Lot Dimensions
208x159x208x159
Lot Size SqFt
33160
Lake/Waterfront Name
Minnetonka
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Phone Connected; Sewer Available; Sewer Connected; Underground Utilities Available; Water Available; Water Connected Builder Information: Builders Association of the Twin Cities Development Status: Finished Lot(s) Improvements: Curbs; Paved Streets; Public Road Land Inclusions: Dock; Survey; Survey Stakes; Topographic Map Lot Description: Property Adjoins Public Land; Tree Coverage - Heavy; Underground Utilities Property SubType: Residential Lot Road Frontage: City Street; Curbs; No Outlet/Dead End; Paved Streets Road Responsibility: Public Maintained Road Sale Options: Will Build to Suit Sellers Terms: Cash; Conventional Soil Type: Clay Surface Water: Lake Topography: Wooded; High Ground; Sloped; Walkout Waterfront View: Lake; East

Contract Information

Contingency
None
Original List Price
399900
ListPrice
399900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
51XX
Street Name
Waterbury
Street Suffix
Road
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364

Assessments

Tax With Assessments
2171
Assessment Balance
0

Builder Information

Builder Restrictions
Open
Builders Association of the Twin Cities
Yes

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
Lots 1 to 7 inclusive, lots 17 to 23 inclusive, Block 20, Whipple, which lies easterly of the westerly 72.00 feet thereof
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
Property ID Number
TBD
Tax Year
2024
Tax Amount
2171
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
BEAUTIFUL 3/4 ACRE WOODED WALK-OUT LOT WITH BREATH-TAKING VIEWS OF LAKE MINNETONKA! Amazing one of a kind, private building site with panoramic views of a large pond, nature area and Phelps Bay of Lake Minnetonka. (One of two walk-out building sites available) This hidden gem is one of the last large undeveloped parcels left around the lake! Home packages on this lot starting at $1,150k. The property feels like acreage as it sits high out on a peninsula at the end of a private no outlet road. THE PROPERTY INCLUDES 160 FT OF SHORELINE ON THE LARGE POND, WITH A PERMITTED DOCK AND LIMITED DIRECT ACCESS TO LAKE MINNETONKA THROUGH A 13 FT WIDE CHANNEL. The pond is not deep but could accommodate shallow watercraft such as a pontoon, shallow bow outboards and bass boats, kayaks, canoes and wind surfing boards etc., during the summer as well as ice skating and pond hockey in the winter. All of this right at your doorstep, without lake shore taxes! A rare opportunity to build a glorified cabin or large custom home with incredible private water views to the east, for sunrises and woods and nature area to the south and lots of wildlife! Ask the builder about new w/o Crow River lots available for $195k as well. Experience the quality and expertise of building with Custom Living Homes, LLC with over 40 yrs of experience in custom home building with the latest in design trends and technology and with the highest quality craftsmanship and attention to details from start to finish! IF YOU PREFER, YOU CAN BRING YOUR OWN BUILDER. Why settle for an outdated home design and decor with lingering projects when you can have a new custom built home with all the amenities, finishes and colors to your liking! Select one of our beautiful, well designed home plans, from traditional to modem or contemporary (some with a sport court) that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, life style and budget. The building site is a blank canvas with endless possibilities! The elevated building site can easily accommodate a two story or rambler house plan with a three car garage. As an example, our BIRCHWOOD open concept rambler design offers one level living with all the desired amenities and finishes. With the finished walk-out lower level it provides a total of 3,671sf of quality, design and function. The Birchwood house plan on this lot, has a base price of $1,150,000. Ask the builder about building incentives when building with CLH, LLC. Close to Excelsior and Wayzata, bike trails, parks and shopping along with the award-winning Westonka Schools makes this an ideal location to call home! Make an appointment with the builder now to walk the lots and see the building site. The builder will explain the building process and the different home style options etc., and answer any of your questions, so bring your ideas to get started. The building sites are ready for permitting and all utilities are in. Please do not walk the property without the builder or tum around in the neighbor's driveways. Thank you!
Directions
County Road #15/Shoreline Drive W. to Wilshire Blvd., S. to Tuxedo Blvd., to Waterbury Rd.

Development Status

Finished Lot(s)
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes
Other
Yes
Pond
Yes

Lot Description

Property Adjoins Public Land
Yes
Tree Coverage - Heavy
Yes
Underground Utilities
Yes

Restriction/Covenants

No Mobile Homes
Yes

Road Frontage

City Street
Yes
Curbs
Yes
No Outlet/Dead End
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Will Build to Suit
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Soil Type

Clay
Yes

Topography

Wooded
Yes
High Ground
Yes
Sloped
Yes
Walkout
Yes

Waterfront View

Lake
Yes
East
Yes

Available Utilities

Cable Available
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Phone Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Underground Utilities Available
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes

Land Inclusions

Dock
Yes
Survey
Yes
Survey Stakes
Yes
Topographic Map
Yes

Property SubType

Residential Lot
Yes

Surface Water

Lake
Yes
Listing Office: HomeAvenue Inc
IDX
Last Updated: April - 10 - 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.