4531 Island View Drive Mound, MN 55364

$2,399,000
Active
estimated monthly payment
5 Beds  |  5 Baths  |  4,354 Sq Ft  |  Single Family  |  MLS # 7102679
  • 86 feet of prime Lake Minnetonka lakeshore and next to a quiet park.
    86 feet of prime Lake Minnetonka lakeshore and next to a quiet park.
  • A view of the lake from the upper-level deck.
    A view of the lake from the upper-level deck.
  • Private dock and slip on approximately 86 feet of shoreline.
    Private dock and slip on approximately 86 feet of shoreline.
  • Virtually staged - Living Room
    Virtually staged - Living Room
  • Virtually staged - Entertainment Space
    Virtually staged - Entertainment Space
  • Virtually staged - Primary Bedroom
    Virtually staged - Primary Bedroom
  • Front of the house - driveway installed in 2021.
    Front of the house - driveway installed in 2021.
  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  8
  • A small park is located next to the home.
    A small park is located next to the home.
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  11
  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  12
  • One of the best spots on the bay. Get ready to celebrate with your family and friends.
    One of the best spots on the bay. Get ready to celebrate with your family and friends.
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  • Breathtaking lake views from the living room.
    Breathtaking lake views from the living room.
  • Gas fireplace in the living room.
    Gas fireplace in the living room.
  • Virtually staged - Living Room
    Virtually staged - Living Room
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  • Beautiful two-story vaulted ceilings in the living room with abundant natural light.
    Beautiful two-story vaulted ceilings in the living room with abundant natural light.
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  • New appliances!
    New appliances!
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  31
  • Open concept living at it's finest.
    Open concept living at it's finest.
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  36
  • Main floor laundry.
    Main floor laundry.
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  • Virtually staged - Primary Bedroom
    Virtually staged - Primary Bedroom
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  44
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  52
  • Upper-level loft area overlooking the living room.
    Upper-level loft area overlooking the living room.
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  55
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  57
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  63
  • Upper-level laundry room.
    Upper-level laundry room.
  • Lower level with heated floors. Walk out to the lake without a hill or steps.
    Lower level with heated floors. Walk out to the lake without a hill or steps.
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  67
  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  68
  • Gas fireplace in the basement living room.
    Gas fireplace in the basement living room.
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  72
  • Virtually staged - Entertainment Space
    Virtually staged - Entertainment Space
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  • 4531 Island View Drive, Mound, MN 55364 Listing Photo  75
  • Second kitchen area in the basement.
    Second kitchen area in the basement.
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  • Three-car garage.
    Three-car garage.
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  • Small playground next to the home.
    Small playground next to the home.

About The Listing

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. Family-friendly and 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 courtesy of Douglas R Miller, Douglas Miller
Purchase Price
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Interest Rate
Estimated Property Taxes
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 2007
MLS #: 7102679
Bedrooms: 5
Square Feet: 4,354
Bathrooms (Full): 3
Price Per Square Foot: $551
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 3
Parking Description: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Drain Tiled, Finished, Full, In-Floor Heat, Storage Space, Sump Pump, Walkout
Foundation Type: Poured Concrete
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 07/12/2026
List Date: 07/08/2026
Listing Agent ID: 502006038
Listing Office: Douglas Miller
Listing Office ID: 6691
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven
Fireplace Features: Family Room, Gas, Living Room
Laundry Features: Main Level, Upper Level
Number of Fireplaces: 2
Exterior Features: Stone, Cement Board
Fence: None
Lot Dimensions: 86L x 181 x 35 x 160
Lot Size: 0.21 Acres
Pool Description: None
Lot Features: Irregular Lot
View Description: East, Lake, Panoramic, South
Waterfront: Dock, Lake Front, Lake View
School District: Westonka
Tax Year: 2026
Estimated Taxes: $25,393
Contingency Type: None
City: Mound
Zip: 55364
County: Hennepin
State: MN

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Listing last updated: 07/12/26

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