Welcome to the untouched elegance of 3495 Eastshore Drive, where the tranquil waters of Phelps Bay on Lake Minnetonka meet a property that feels as if it were pulled from a dream. Tucked away on a secluded peninsula shared by only two other estates, this once-in-a-lifetime lot has absolute privacy on three sides of this magnificent property that spans nearly half an acre. With 205 feet of uninterrupted shoreline in front and another 204 feet of water and natural views wrapping around the side and back, this property offers near-360° lakefront serenity.
There is complete privacy on 3 sides of this property.
This rare setting invites you into a lifestyle defined by privacy, natural beauty, and year-round adventure. Phelps Bay is renowned among local anglers as the premier bass fishing destination on Lake Minnetonka. Launch your boat for a morning on the glassy water, cast off the dock at sunset, or explore the shoreline by paddleboard. In winter, the frozen bay transforms into a private ice fishing haven just steps from home.
Located in Westonka Schools, the property is just 20 minutes from downtown Minneapolis and moments from coveted West Metro favorites. Enjoy lakeside dining at Al & Alma’s Supper Club, cocktails on the deck at Lord Fletcher’s, or boutique shopping and cafes in Wayzata, Excelsior, and Mound. Golfers will appreciate the short drive to Lafayette Club, and nature lovers can escape into nearby trails and parks along the lake.
Set at the end of a quiet cul-de-sac, this site promises unmatched seclusion. The southeast-facing exposure gifts you with golden sunrises over the water each morning, and burying the existing utilities underground will preserve your unobstructed, horizon-wide view. Here, you don’t just build a home, you create a legacy.
The price reflects the purchase of the lot. Call for further details about the construction of your home with Omni Custom Builders. Further Details provided about the proposed home that has been custom designed for this lot under agent remarks. There will be new well and septic systems for your custom built home.
Active
Price cut: $50K (8/12)
$1,250,000
3495 Eastshore Dr, Mound, MN 55364
--beds
--baths
0.49Acres
Unimproved Land
Built in ----
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Southeast-facing exposureSecluded peninsulaUnmatched seclusion
- 47 days
- on Zillow |
- 521 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 05:50pm
Listed by:
Lynn Ault 651-470-0190,
Engel & Volkers Lake Minnetonka
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6744102

Travel times
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Bay, East, Lake, Panoramic, South
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 409
Lot
- Size: 0.49 Acres
- Dimensions: 234 x 205 x 230
- Features: Accessible Shoreline, Irregular Lot, Property Adjoins Public Land, Wooded
- Topography: Level
Details
- Parcel number: 2511724130001
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Douglas
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Annual tax amount: $8,276
- Date on market: 6/26/2025
- Inclusions: Dock, Platted
- Electric utility on property: Yes
- Road surface type: Unimproved
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