4531 Island View Drive, Mound, MN 55364

$1,999,000

86 feet of prime flat Lake Minnetonka lakeshore.

Private dock and slip on approximately 86 feet of shoreline.

Virtually staged - Peaceful lakefront shoreline.

One of the best spots on the bay. Get ready to celebrate with your family and friends.

Breathtaking lake views from the living room.

Virtually staged - A view of the lake from the upper level deck.

Beautiful two-story vaulted ceilings in the living room with abundant natural light.

Upper-level loft area overlooking the living room.

Lower level with heated floors. Walk out to the lake without a hill or steps.

Gas fireplace in the basement living room.

A view of the lake from the upper-level deck.

Front of the house - driveway installed in 2021.

A small park is located next to the home.

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,656 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $1,999,000 List Date: 8/05/2026 Last Modified: 8/31/2026

Overview

Description

LAKESIDE LUXURY AT 4531 ISLAND VIEW Discover a quintessential Lake Minnetonka lifestyle in this commanding 4,300+ sq ft waterfront residence, now offered at an incredible value of $2,099,000. Perfectly positioned adjacent to a quiet park, this stunning home boasts an expansive atmosphere with beautiful views, creating the ultimate private lakeside retreat. UNRIVALED SHORELINE & ENTERTAINING Enjoy 86 feet of highly coveted shoreline providing effortless, level access to the water. Pull your boat into the private dock with a covered slip, or entertain in the flat lakeside yard. The walkout lower level is built for the ultimate host, featuring heated floors, a large game room, a bar, and a private 5th bedroom - all stepping directly to the shore. TIMELESS ARCHITECTURAL LIVING ROOM: Anchored by a two-story vaulted ceiling, a gas fireplace, and a magnificent wall of windows framing panoramic lake views. PRIMARY SUITE: A main-floor lakeside retreat with a private deck. UPPER LEVEL ... (Read more)

Listing Details MLS# 7122213

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 86
Waterfront YN: Yes
Year Built: 2007
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1594
Above Grd Total SqFt: 3084
Below Grd Total SqFt: 1572
Total SqFt: 4656
Total Finished Sqft: 4354.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1572
Garage Stalls: 3
Lot Dimensions: 86L x 181 x 35 x 160
Acres: 0.21
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Cable; Ceiling Fan(s); Deck; Dock; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Electronic Air Filter; Microwave; Range; Refrigerator Basement: Drain Tiled; Full; In-Floor Heat; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor Full Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Private Primary; Full Basement; Bathroom Ensuite; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Kitchen/Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Loft; Lower Level Fencing: None Fireplace Characteristics: Family Room; Gas Burning; Living Room Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Lake Details: Hard; Sand Laundry: Main Level; Upper Level Lot Description: Irregular Lot Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake; Panoramic; South; East

Contract Information

Contingency: None
Original List Price: 2199000
ListPrice: 1999000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4531
Street Name: Island View
Street Suffix: Drive
Postal City: Mound
County: Hennepin
State: MN
Zip Code: 55364

Assessments

Tax With Assessments: 25393.22

Building Information

Finished SqFt Above Ground: 3084
Finished SqFt Below Ground: 1270

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 0-4

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x37
Garage Square Feet: 649

Room Information

Room Name	Dimensions	Level
Bar/Wet Bar Room	14x12	Basement
Bathroom	10x6	Main
Bathroom	10x8.5	Second
Bathroom	10x10	Basement
Deck	16x12.5	Main
Deck	16x12.5	Basement
Dining Room	14x10	Main
Dining Room	10x8	Main
Family Room	18x25	Basement
Fifth (5th) Bedroom	14x9	Basement
First (1st) Bedroom	16x14.5	Main
Fourth (4th) Bedroom	12x17	Second
Game Room	16x14	Basement
Kitchen	13x13	Main
Laundry	8x5.5	Main
Living Room	16x19	Main
Office	14x13	Second
Second (2nd) Bedroom	14x16	Second
Third (3rd) Bedroom	12.5x11	Second

Documents

4531 Island View Dr - Floorplan.PDF ›

4531 Island View Dr - Legal Description. ›

4531 Island View Dr - Brochure ›

4531 Island View Dr - Seller's Property ›

Listing Office: Douglas Miller

Last Updated: August - 31 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

4531 Island View Drive, Mound, MN 55364 (MLS# 7122213)