Welcome to your lakeside sanctuary on the pristine shores of Phelps Bay, Lake Minnetonka! This extraordinary property offers 5 bedrooms and 6 bathrooms, nestled on a 100 ft double wide south-facing lot with sandy bottom and crystal clear waters. Bask in the beauty of the lake from the large blue stone lakeside patio, perfect for entertaining or savoring moments of tranquility. Imagine creating your own personal oasis with space for a pool and endless outdoor enjoyment.
Indulge in the luxurious comforts of the spacious owner's suite, featuring a spa-like bathroom that promises relaxation and rejuvenation. The nanny suite with additional bedrooms provides versatility and convenience for guests or extended family. Upstairs, the upper level amusement area offers endless possibilities for entertainment and leisure.
Embrace the natural splendor of Lake Minnetonka, where water activities and lakeside adventures await. Don't miss the opportunity to call this unparalleled retreat your own!
Closed
$2,860,000
3146 Island View Dr, Mound, MN 55364
5beds
6,100sqft
Single Family Residence
Built in 2007
0.4 Acres Lot
$2,720,700 Zestimate®
$469/sqft
$8,333 Estimated rent
Home value
$2,720,700
$2.48M - $2.99M
$8,333/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 05:49pm
Listed by:
Blake Edward Swanson 612-710-8353,
New Haus Real Estate, Inc.,
Russell Clinton Heeter 763-218-8810
Bought with:
Heather Womack
Coldwell Banker Realty
Sandra Bartel
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6370370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
Bedroom 1
- Level: Upper
- Area: 273 Square Feet
- Dimensions: 21x13
Bedroom 2
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 4
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 5
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 16x10
Other
- Level: Third
- Area: 529 Square Feet
- Dimensions: 23x23
Other
- Level: Third
- Area: 285 Square Feet
- Dimensions: 19x15
Other
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Dining room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Family room
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16x16
Kitchen
- Level: Main
- Area: 456 Square Feet
- Dimensions: 24x19
Living room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Media room
- Level: Third
- Area: 108 Square Feet
- Dimensions: 12x9
Other
- Level: Lower
- Area: 242 Square Feet
- Dimensions: 22x11
Heating
- Forced Air
Cooling
- Central Air, Ductless Mini-Split, Zoned
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Basement: Drain Tiled,Finished,Sump Pump
- Number of fireplaces: 3
- Fireplace features: Electric, Gas
Interior area
- Total structure area: 6,100
- Total interior livable area: 6,100 sqft
- Finished area above ground: 5,780
- Finished area below ground: 320
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway - Other Surface, Electric Vehicle Charging Station(s), Garage Door Opener, Guest
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Other, Patio
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Waterfront Num(27013300), Lake Bottom(Excellent Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 100
Lot
- Size: 0.40 Acres
- Dimensions: 180 x 100
- Features: Accessible Shoreline
Details
- Additional structures: Sauna, Storage Shed
- Foundation area: 1920
- Additional parcels included: 1911723340120
- Parcel number: 1911723340119
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Age 8 Years or Less,Asphalt
Condition
- Age of Property: 18
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Mound
- Subdivision: Phelps Island Park 1st Div
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2023 | Sold | $2,860,000-4.5%$469/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6370370 | ||
| 6/20/2023 | Pending sale | $2,995,000$491/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6370370 | ||
| 5/26/2023 | Listed for sale | $2,995,000+169.8%$491/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6370370 | ||
| 5/21/2012 | Sold | $1,110,000-33.3%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4136457 | ||
| 4/1/2012 | Listed for sale | $1,665,000-7.2%$273/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4136457 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,599 +1.9% | $2,251,000 +8.7% |
| 2024 | $26,101 +20.6% | $2,069,900 -3.2% |
| 2023 | $21,636 +12.1% | $2,137,500 +15.3% |
Find assessor info on the county website
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1.2 mi
- 9/10Grandview Middle SchoolGrades: 5-7Distance: 2.1 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.8 mi
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Estimated market value
$2,720,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,720,700