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.
Active
Price cut: $150K (7/6)
$1,950,000
2948 Pelican Point Cir, Mound, MN 55364
3beds
3,357sqft
(TH) Side x Side
Built in 1996
6,534 Square Feet Lot
$-- Zestimate®
$581/sqft
$1,077/mo HOA
What's special
- 81 days |
- 596 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Kathleen A Murphy 612-328-4039,
Compass,
Melissa M Olmscheid 612-328-4040
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033174
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18 x 14
Bedroom 2
- Level: Lower
- Area: 294 Square Feet
- Dimensions: 21 x 14
Bedroom 3
- Level: Lower
- Area: 204 Square Feet
- Dimensions: 12 x 17
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Family room
- Level: Lower
- Area: 638 Square Feet
- Dimensions: 29 x 22
Kitchen
- Level: Main
- Area: 529 Square Feet
- Dimensions: 23 x 23
Laundry
- Level: Main
- Area: 63 Square Feet
- Dimensions: 09 x 07
Living room
- Level: Main
- Area: 496 Square Feet
- Dimensions: 31 x 16
Office
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17 x 10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
- Laundry: Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Basement: Daylight,Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 3,835
- Total interior livable area: 3,357 sqft
- Finished area above ground: 1,976
- Finished area below ground: 1,381
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Covered, Asphalt, Garage, Garage Door Opener, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Patio
- Pool features: None
- Has view: Yes
- View description: Panoramic, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Association Access, Lake Front, Lake View, Shared
Lot
- Size: 6,534 Square Feet
- Dimensions: W42 x 131 x 59 x 126
- Features: Tree Coverage - Medium
Details
- Foundation area: 1976
- Parcel number: 1911723420035
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Pelican Point
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Boat Dock, Other
- Services included: Beach Access, Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Shared Amenities, Snow Removal
- HOA fee: $3,232 quarterly
- HOA name: Multiventure Properties
- HOA phone: 952-920-9388
Location
- Region: Mound
Financial & listing details
- Price per square foot: $581/sqft
- Tax assessed value: $1,763,400
- Annual tax amount: $23,048
- Date on market: 5/27/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $1,950,000-7.1%$581/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7033174 Report a problem | ||
| 6/16/2026 | Price change | $2,100,000-8.7%$626/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033174 Report a problem | ||
| 5/30/2026 | Listed for sale | $2,300,000+300.1%$685/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7033174 Report a problem | ||
| 8/13/1996 | Sold | $574,799$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,021 +23.7% | $1,763,400 +2% |
| 2024 | $17,798 +12.5% | $1,729,400 +16.3% |
| 2023 | $15,821 -1.7% | $1,486,600 +5.9% |
| 2022 | $16,099 +13.5% | $1,404,000 +15.7% |
| 2021 | $14,183 -2.1% | $1,213,000 +12.7% |
| 2020 | $14,481 +2.1% | $1,076,000 +4.8% |
| 2019 | $14,183 -2.1% | $1,027,000 +24.2% |
| 2018 | $14,481 +25.2% | $827,000 +7% |
| 2017 | $11,565 +0.4% | $773,000 +8.3% |
| 2016 | $11,523 +5.4% | $714,000 |
| 2015 | $10,933 -0.8% | $714,000 +8.7% |
| 2014 | $11,024 +3.9% | $657,000 -1.2% |
| 2013 | $10,608 -5.6% | $665,000 -10.5% |
| 2012 | $11,234 -5.7% | $743,000 -14.9% |
| 2011 | $11,915 +4% | $873,000 -5.7% |
| 2010 | $11,458 -2.7% | $926,000 -8% |
| 2009 | $11,771 +22.3% | $1,006,000 +27.1% |
| 2006 | $9,624 +9.1% | $791,200 +15% |
| 2005 | $8,817 -1.6% | $688,000 |
| 2004 | $8,957 -7% | $688,000 |
| 2002 | $9,630 -33.1% | $688,000 |
| 2001 | $14,398 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1.2 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 2.1 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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