4743 Island View Drive, Mound, MN 55364

$2,189,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,575 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $2,189,000 List Date: 3/26/2026 Last Modified: 8/11/2026

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 ... (Read more) 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 YN: 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
Assessment Pending: No

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: Full; 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 Financing Terms: Conventional Fireplace Characteristics: Family Room; Gas Burning 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 Type: Lake Front; Lake View; Dock Waterfront View: Bay; Lake; South

Contract Information

Off Market Date: 2026-06-27
Contingency: None
Closed Date: 2026-08-11
Original List Price: 2399000
Sales Close Price: 2189000
ListPrice: 2249000
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

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

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 8
Garage Square Feet: 648

Room Information

Room Name	Dimensions	Level
Amusement Room	26x16	Lower
Bar/Wet Bar Room	11x10	Main
Deck	20x16	Main
Deck	5x4	Upper
Dining Room	15x13	Main
Family Room	22x18	Main
Fifth (5th) Bedroom	14x12	Lower
First (1st) Bedroom	18x16	Upper
Fourth (4th) Bedroom	14x12	Upper
Kitchen	19x16	Main
Laundry	15x10	Main
Patio	14x12	Lower
Second (2nd) Bedroom	15x12	Upper
Third (3rd) Bedroom	14x13	Upper

Listing Office: Bridge Realty, LLC

Last Updated: August - 11 - 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.

4743 Island View Drive, Mound, MN 55364 (MLS# 7036476)