Set on Phelps Bay in Enchanted Island on Lake Minnetonka, this property features 86 feet of shoreline and a flat lot, framed by mature trees. The setting offers a natural sense of privacy and seclusion while still feeling open and connected to the lake. Tucked into one of the more unique pockets of the lake, it delivers a quiet, established feel that’s hard to find in this area. A rare opportunity for private lake living in a highly sought-after location.
Closed
$1,345,000
3710 Lee Rd, Mound, MN 55364
3beds
2,370sqft
Single Family
Built in 1968
0.34 Acres Lot
$1,349,900 Zestimate®
$568/sqft
$3,716 Estimated rent
Home value
$1,349,900
$1.26M - $1.46M
$3,716/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
James Magdal 763-458-0398,
Vector Realty Group,
Joseph R Perriello 612-281-6894
Bought with:
Rebecca R Peterson
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7066481
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: First
- Area: 288 Square Feet
- Dimensions: 12x24
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 13x11
Deck
- Level: Main
- Area: 624 Square Feet
- Dimensions: 26x24
Den
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Family room
- Level: Main
- Area: 338 Square Feet
- Dimensions: 26x13
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Living room
- Level: Main
- Area: 324 Square Feet
- Dimensions: 18x18
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliance(s), Water Softener Rented
Features
- Basement: Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,370
- Total interior livable area: 2,370 sqft
- Finished area above ground: 1,570
- Finished area below ground: 800
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 86
Lot
- Size: 0.34 Acres
- Dimensions: 134 x 131 x 86 lake x 157
Details
- Foundation area: 1570
- Parcel number: 2511724410010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Enchanted Island
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Price per square foot: $568/sqft
- Tax assessed value: $1,179,200
- Annual tax amount: $11,937
- Date on market: 5/4/2026
- Cumulative days on market: 16 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $1,345,000-13.2%$568/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7066481 Report a problem | ||
| 5/25/2026 | Pending sale | $1,549,000$654/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7066481 Report a problem | ||
| 5/9/2026 | Listed for sale | $1,549,000+145.9%$654/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7066481 Report a problem | ||
| 12/3/2015 | Sold | $630,000+1.6%$266/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4596738 Report a problem | ||
| 8/2/2015 | Price change | $619,900-4.6%$262/sqft |
Source: Keller Williams - Lake Minnetonka #4596738 Report a problem | ||
| 6/30/2015 | Price change | $649,900-3%$274/sqft |
Source: Keller Williams - Lake Minnetonka #4596738 Report a problem | ||
| 5/12/2015 | Listed for sale | $669,900-2.9%$283/sqft |
Source: Keller Williams - Lake Minnetonka #4596738 Report a problem | ||
| 11/13/2014 | Listing removed | $689,900$291/sqft |
Source: Coldwell Banker Burnet - Wayzata #4516817 Report a problem | ||
| 10/22/2014 | Price change | $689,900-4%$291/sqft |
Source: Coldwell Banker Burnet - Wayzata #4516817 Report a problem | ||
| 8/14/2014 | Listed for sale | $719,000+10.8%$303/sqft |
Source: Coldwell Banker Burnet #4516817 Report a problem | ||
| 10/11/2012 | Listing removed | $649,000$274/sqft |
Source: Coldwell Banker Burnet #620218 Report a problem | ||
| 4/6/2012 | Listed for sale | $649,000-18.8%$274/sqft |
Source: Coldwell Banker Burnet #4138252 Report a problem | ||
| 7/22/2009 | Listing removed | $799,000$337/sqft |
Source: NRT Minneapolis #3670580 Report a problem | ||
| 5/21/2009 | Price change | $799,000-5.9%$337/sqft |
Source: NRT Minneapolis #3670580 Report a problem | ||
| 4/13/2009 | Listed for sale | $849,000-9.6%$358/sqft |
Source: NRT Minneapolis #3670580 Report a problem | ||
| 10/29/2008 | Listing removed | $939,000$396/sqft |
Source: NRT Minneapolis #3549583 Report a problem | ||
| 10/25/2008 | Price change | $939,000+5.3%$396/sqft |
Source: NRT Minneapolis #3549583 Report a problem | ||
| 10/3/2008 | Price change | $892,050-5%$376/sqft |
Source: NRT Minneapolis #3549583 Report a problem | ||
| 6/19/2008 | Listed for sale | $939,000+356.9%$396/sqft |
Source: NRT Minneapolis #3549583 Report a problem | ||
| 5/30/1996 | Sold | $205,530$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,937 +1.7% | $1,179,200 +4% |
| 2024 | $11,742 +19.7% | $1,134,100 -2.7% |
| 2023 | $9,807 +14.9% | $1,166,000 +11.6% |
| 2022 | $8,536 +6% | $1,045,000 +31.1% |
| 2021 | $8,050 -5.8% | $797,000 +6.6% |
| 2020 | $8,544 +6.1% | $748,000 +0.9% |
| 2019 | $8,050 -5.8% | $741,000 +0.3% |
| 2018 | $8,544 +11.5% | $739,000 +15.3% |
| 2017 | $7,661 -1.5% | $641,000 +2.9% |
| 2016 | $7,780 +1.6% | $623,000 +0.2% |
| 2015 | $7,661 -4.3% | $622,000 +3.8% |
| 2014 | $8,002 +1.2% | $599,000 -0.8% |
| 2013 | $7,910 -7.7% | $604,000 -10.1% |
| 2012 | $8,566 +0.9% | $672,000 -7.3% |
| 2011 | $8,488 +4.7% | $725,000 -2% |
| 2010 | $8,106 +2.6% | $740,000 -0.9% |
| 2009 | $7,900 +47% | $746,900 +52.1% |
| 2006 | $5,375 +6.7% | $491,200 +15% |
| 2005 | $5,039 +13.4% | $427,200 +15.1% |
| 2004 | $4,443 +8.4% | $371,000 +12.1% |
| 2002 | $4,100 -32.1% | $331,000 |
| 2001 | $6,035 | -- |
Find assessor info on the county website
Neighborhood: 55364
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Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1.6 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 2.5 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 3.2 mi
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Estimated market value
$1,349,900
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Estimated market value
$1,349,900
- Minnesota
- Hennepin County
- Minnetrista
- 55364
- 3710 Lee Rd
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