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2948 Pelican Point Circle, Mound, MN 55364

$2,300,000

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https://tours.spacecrafting.com/n-v9jz83

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,835 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $2,300,000 List Date: 5/30/2026 Last Modified: 5/30/2026

Overview

Description

Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature ... (Read more)

Listing Details MLS# 7033174

General Property Information

Assoc Mgmt Co. Phone #: 952-920-9388
Association Fee Frequency: Quarterly
Association Mgmt Co. Name: Multiventure Properties
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Year Built: 1996
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Half: Yes
Main Floor Total SqFt: 1976
Above Grd Total SqFt: 1976
Below Grd Total SqFt: 1859
Total SqFt: 3835
Total Finished Sqft: 3357.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (TH) Side x Side
Foundation Size: 1976
Association Fee: 3232.25
Garage Stalls: 2
Lot Dimensions: W42X131X59X126
Acres: 0.15
Assessment Pending: No
Bath Three Quarters: 0
Bath Quarter: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Beach; Dock; Other Amenities Unit: Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System Association Fee Includes: Beach Access; Building Exterior; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Shared Amenities; Snow Removal Assumable Loan: Not Assumable Basement: Full Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath; Full Primary; Private Primary; Full Basement; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Eat In Kitchen; Living/Dining Room Electric: Circuit Breakers Exterior: Cement Board Family Room Characteristics: Lower Level Fireplace Characteristics: Family Room; Gas Burning; Living Room Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Electric Dryer Hookup; Laundry Closet; Laundry Room; Main Level; Sink; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Medium Parking Characteristics: Finished Garage; Covered; Garage Door Opener; Insulated Garage Pool Description: None Road Frontage: Paved Streets; Private Road; Storm Sewer; Street Lights Road Responsibility: Association Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Shared Rooms: Other Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: One Townhouse Characteristics: Single-Level Water: City Water/Connected Waterfront View: Panoramic

Contract Information

Contingency: None
Original List Price: 2300000
ListPrice: 2300000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2948
Street Name: Pelican Point
Street Suffix: Circle
Postal City: Mound
County: Hennepin
State: MN
Zip Code: 55364
Complex/Dev/Subdivision: Pelican Point

Assessments

Tax With Assessments: 23048
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1976
Finished SqFt Below Ground: 1381

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Combo: Yes

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 407
Finished Garage: Yes
Covered: Yes
Garage Door Opener: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 23
Section#: 19
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: LOT 010 BLOCK 001 PELICAN POINT
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
Zip Plus 4: 1954
Property ID Number: 1911723420035
Tax Year: 2026
Tax Amount: 23048
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature. Two additional bedrooms are great for guests or family. Enjoy maintenance-free living with exceptional shared amenities including a boathouse, picnic area, golf cart paths, beautifully manicured grounds, and optional social activities that create a welcoming neighborhood atmosphere. A highly coveted canopied boat slip is available through the association for an annual fee, making it easy to enjoy boating and the Lake Minnetonka lifestyle at a moment’s notice.
Directions: Shoreline Drive to Interlachen Road, Interlachen Road to Tuxedo Blvd, Tuxedo Blvd to Pelican Point Circle

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Beach: Yes
Dock: Yes
Other: Yes

Amenities Unit

Deck: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Panoramic View: Yes
Patio: Yes
Primary Bedroom Walk-In Closet: Yes
Security System: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Water Filtration System: Yes

Association Fee Includes

Beach Access: Yes
Building Exterior: Yes
Hazard Insurance: Yes
Lawn Care: Yes
Outside Maintenance: Yes
Professional Mgmt: Yes
Shared Amenities: Yes
Snow Removal: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
Full Basement: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Bar: Yes
Eat In Kitchen: Yes
Living/Dining Room: Yes

Electric

Circuit Breakers: Yes

Exterior

Cement Board: Yes

Family Room Characteristics

Lower Level: Yes

Fireplace Characteristics

Family Room: Yes
Gas Burning: Yes
Living Room: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes

Laundry

Electric Dryer Hookup: Yes
Laundry Closet: Yes
Laundry Room: Yes
Main Level: Yes
Sink: Yes
Washer Hookup: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Composite Decking: Yes
Patio: Yes

Pool Description

None: Yes

Restriction/Covenants

Architecture Committee: Yes
Mandatory Owners Assoc: Yes
Pets - Cats Allowed: Yes
Pets - Dogs Allowed: Yes

Road Frontage

Paved Streets: Yes
Private Road: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Association Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Special Search

All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes
Main Floor Primary: Yes

Stories

One: Yes

Townhouse Characteristics

Single-Level: Yes

Water

City Water/Connected: Yes

Waterfront View

Panoramic: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	12 x 12	Main
Family Room	29 x 22	Lower
First (1st) Bedroom	18 x 14	Main
Kitchen	23 x 23	Main
Laundry	09 x 07	Main
Living Room	31 x 16	Main
Office	17 x 10	Main
Second (2nd) Bedroom	21 x 14	Lower
Third (3rd) Bedroom	12 x 17	Lower

Listing Office: Compass

Last Updated: May - 30 - 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.