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4531 Island View Drive, Mound, MN 55364

New Listing

$2,399,000

86 feet of prime Lake Minnetonka lakeshore and next to a quiet park.

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

Private dock on approximately 86 feet of shoreline.

Front of the house - driveway installed in 2021.

A small park is located next to the home.

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

Breathtaking lake views from the living room.

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.

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

Current Price: $2,399,000 List Date: 7/03/2026 Last Modified: 7/04/2026

Overview

Description

Embrace the quintessential Lake Minnetonka lifestyle from this commanding, architecturally impressive lakefront residence. Imagine waking up to spectacular morning sunrises over the water, spending your days cruising the lake, and pulling right back into your private dock with a covered boat slip. The home boasts approximately 86 feet of prime, highly coveted low-to-the-water shoreline, offering effortless, level access to the water for boating, swimming, or winter lake activities. Perfectly situated next to a quiet park, the property enjoys enhanced privacy and an expansive atmosphere that makes the entire lot feel like your own massive lakeside retreat. The sellers have already handled the important, big-ticket maintenance items for you, providing incredible peace of mind so you can focus entirely on enjoying lake life. Capital updates completed in 2025 include a new roof, furnace, central A/C, heat pump, $34,000 landscaped wall, refrigerator, washer, and dryer, and new driveway ins ... (Read more) Embrace the quintessential Lake Minnetonka lifestyle from this commanding, architecturally impressive lakefront residence. Imagine waking up to spectacular morning sunrises over the water, spending your days cruising the lake, and pulling right back into your private dock with a covered boat slip. The home boasts approximately 86 feet of prime, highly coveted low-to-the-water shoreline, offering effortless, level access to the water for boating, swimming, or winter lake activities. Perfectly situated next to a quiet park, the property enjoys enhanced privacy and an expansive atmosphere that makes the entire lot feel like your own massive lakeside retreat. The sellers have already handled the important, big-ticket maintenance items for you, providing incredible peace of mind so you can focus entirely on enjoying lake life. Capital updates completed in 2025 include a new roof, furnace, central A/C, heat pump, $34,000 landscaped wall, refrigerator, washer, and dryer, and new driveway installed in 2021. Because the major structural and mechanical infrastructure is complete, the interior paint and flooring have been left original, offering a rare opportunity for buyers to bring their custom vision and select their own finishes from day one. Inside, the home is beautifully designed to embrace its stunning waterfront setting. Architectural drama defines the main level, anchored by an impressive two-story vaulted living room where a magnificent wall of windows floods the space with morning light and frames panoramic lake views. The main floor also features a gas fireplace, a lakeside primary suite with a private deck for quiet mornings looking out at the water, and a functional laundry room positioned just off the garage entrance. The second floor includes three bedrooms, a second laundry room, and an open office overlooking the main floor living room. The walkout lower level has heated floors and is built for the ultimate entertainer, stepping directly out to the flat lakeside backyard and the shore. Perfect for hosting friends after a day on the water, this level features a bar, a large game room, and a private fifth bedroom. Bring your boat, your designer, and your vision! Your dream Lake Minnetonka lifestyle starts here at 4531 Island View.

Listing Details MLS# 7102679

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
Bath Quarter: 0
Association Fee: 0

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 Internet Options: Cable Lake Details: Hard; Sand Laundry: Main Level; Upper Level Lock Box Type: Supra 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: 2399000
ListPrice: 2399000
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
Assessment Balance: 0

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
Hard: Yes
Sand: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x37
Garage Square Feet: 649
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: See attached Exhibit A - Legal Description
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
Country: US
Zip Plus 4: 9029
Property ID Number: 3011723210009
Tax Year: 2026
Tax Amount: 25393.22
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Embrace the quintessential Lake Minnetonka lifestyle from this commanding, architecturally impressive lakefront residence. Imagine waking up to spectacular morning sunrises over the water, spending your days cruising the lake, and pulling right back into your private dock with a covered boat slip. The home boasts approximately 86 feet of prime, highly coveted low-to-the-water shoreline, offering effortless, level access to the water for boating, swimming, or winter lake activities. Perfectly situated next to a quiet park, the property enjoys enhanced privacy and an expansive atmosphere that makes the entire lot feel like your own massive lakeside retreat. The sellers have already handled the important, big-ticket maintenance items for you, providing incredible peace of mind so you can focus entirely on enjoying lake life. Capital updates completed in 2025 include a new roof, furnace, central A/C, heat pump, $34,000 landscaped wall, refrigerator, washer, and dryer, and new driveway installed in 2021. Because the major structural and mechanical infrastructure is complete, the interior paint and flooring have been left original, offering a rare opportunity for buyers to bring their custom vision and select their own finishes from day one. Inside, the home is beautifully designed to embrace its stunning waterfront setting. Architectural drama defines the main level, anchored by an impressive two-story vaulted living room where a magnificent wall of windows floods the space with morning light and frames panoramic lake views. The main floor also features a gas fireplace, a lakeside primary suite with a private deck for quiet mornings looking out at the water, and a functional laundry room positioned just off the garage entrance. The second floor includes three bedrooms, a second laundry room, and an open office overlooking the main floor living room. The walkout lower level has heated floors and is built for the ultimate entertainer, stepping directly out to the flat lakeside backyard and the shore. Perfect for hosting friends after a day on the water, this level features a bar, a large game room, and a private fifth bedroom. Bring your boat, your designer, and your vision! Your dream Lake Minnetonka lifestyle starts here at 4531 Island View.
Directions: County Rd 15 west to Interlachen - turns into Tuxedo - stay to the left - turn left on Clyde - left on Island View.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Boat Slip: Yes
Cable: Yes
Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Exercise Room: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Patio: Yes
Primary Bedroom Walk-In Closet: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Double Oven: Yes
Dryer: Yes
Electronic Air Filter: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Basement

Drain Tiled: Yes
Full: Yes
In-Floor Heat: Yes
Storage Space: Yes
Sump Pump: Yes

Bath Description

Double Sink: Yes
Main Floor 1/2 Bath: Yes
Main Floor Full Bath: Yes
Upper Level 3/4 Bath: Yes
Upper Level Full Bath: Yes
Private Primary: Yes
Full Basement: Yes
Bathroom Ensuite: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes
Kitchen/Dining Room: Yes

Elevation Highpoint to Waterfront Slope

Level: Yes

Exterior

Brick/Stone: Yes
Cement Board: Yes

Family Room Characteristics

2 Story/High/Vaulted Ceilings: Yes
Loft: Yes
Lower Level: Yes

Fencing

None: 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

Main Level: Yes
Upper Level: Yes

Lock Box Type

Supra: Yes

Lot Description

Irregular Lot: Yes

Patio, Porch and Deck Features

Deck: Yes
Front Porch: Yes
Patio: Yes
Rear Porch: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront Type

Lake Front: Yes
Lake View: Yes
Dock: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
South: Yes
East: Yes

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

Floorplan.PDF ›

Seller's Disclosure Statement.pdf ›

4531 Island View Drive Brochure.pdf ›

Listing Office: Douglas Miller

Last Updated: July - 04 - 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.