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.
Coming soon 07/09
$2,399,000
4531 Island View Dr, Mound, MN 55364
5beds
4,354sqft
Single Family
Built in 2007
9,147 Square Feet Lot
$-- Zestimate®
$551/sqft
$-- HOA
What's special
- 1 day |
- 822 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Douglas R Miller 612-284-9000,
Douglas Miller
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7102679
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 232 Square Feet
- Dimensions: 16x14.5
Bedroom 2
- Level: Second
- Area: 224 Square Feet
- Dimensions: 14x16
Bedroom 3
- Level: Second
- Area: 137.5 Square Feet
- Dimensions: 12.5x11
Bedroom 4
- Level: Second
- Area: 204 Square Feet
- Dimensions: 12x17
Bedroom 5
- Level: Basement
- Area: 126 Square Feet
- Dimensions: 14x9
Bathroom
- Level: Main
- Area: 60 Square Feet
- Dimensions: 10x6
Bathroom
- Level: Second
- Area: 85 Square Feet
- Dimensions: 10x8.5
Bathroom
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10x10
Other
- Level: Basement
- Area: 168 Square Feet
- Dimensions: 14x12
Deck
- Level: Main
- Area: 200 Square Feet
- Dimensions: 16x12.5
Deck
- Level: Basement
- Area: 200 Square Feet
- Dimensions: 16x12.5
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Family room
- Level: Basement
- Area: 450 Square Feet
- Dimensions: 18x25
Game room
- Level: Basement
- Area: 224 Square Feet
- Dimensions: 16x14
Kitchen
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Laundry
- Level: Main
- Area: 44 Square Feet
- Dimensions: 8x5.5
Living room
- Level: Main
- Area: 304 Square Feet
- Dimensions: 16x19
Office
- Level: Second
- Area: 182 Square Feet
- Dimensions: 14x13
Walk in closet
- Level: Main
- Area: 84 Square Feet
- Dimensions: 6x14
Walk in closet
- Level: Second
- Area: 48 Square Feet
- Dimensions: 8x6
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven
- Laundry: Main Level, Upper Level
Features
- Basement: Drain Tiled,Finished,Full,Storage Space,Sump Pump,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 4,656
- Total interior livable area: 4,354 sqft
- Finished area above ground: 3,084
- Finished area below ground: 1,270
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x37)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio, Rear Porch
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: East, Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(0-4), Lake Bottom(Hard, Sand)
- Frontage length: Water Frontage: 86
Lot
- Size: 9,147 Square Feet
- Dimensions: 86L x 181 x 35 x 160
- Features: Irregular Lot
Details
- Additional structures: Storage Shed
- Foundation area: 1572
- Parcel number: 3011723210009
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $1,933,500
- Annual tax amount: $25,393
- Date on market: 7/4/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2012 | Sold | $933,500$214/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #4154433 Report a problem | ||
| 5/27/2012 | Sold | $933,500-4.6%$214/sqft |
Source: Agent Provided Report a problem | ||
| 5/20/2012 | Price change | $979,000-1.6%$225/sqft |
Source: Coldwell Banker Burnet - Wayzata #4154433 Report a problem | ||
| 11/6/2011 | Price change | $995,000-7.4%$229/sqft |
Source: Coldwell Banker Burnet - Wayzata #4078510 Report a problem | ||
| 8/19/2011 | Listed for sale | $1,075,000-22.9%$247/sqft |
Source: Coldwell Banker Burnet - Wayzata #4078510 Report a problem | ||
| 2/26/2009 | Listing removed | $1,395,000$320/sqft |
Source: NRT Minneapolis #3647822 Report a problem | ||
| 2/20/2009 | Price change | $1,395,000-1.4%$320/sqft |
Source: NRT Minneapolis #3647822 Report a problem | ||
| 10/18/2008 | Price change | $1,415,500-5%$325/sqft |
Source: NRT Minneapolis #3502712 Report a problem | ||
| 9/13/2008 | Listed for sale | $1,490,000+138.4%$342/sqft |
Source: NRT Minneapolis #3502712 Report a problem | ||
| 11/6/2006 | Sold | $625,000$144/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,104 +2.4% | $1,933,500 +6.8% |
| 2024 | $22,554 +23.7% | $1,810,000 -2.7% |
| 2023 | $18,231 +15.3% | $1,859,400 +15.9% |
| 2022 | $15,812 +2.2% | $1,604,000 +34.5% |
| 2021 | $15,465 +1.7% | $1,193,000 +2.4% |
| 2020 | $15,208 -1.7% | $1,165,000 +8.5% |
| 2019 | $15,465 +1.7% | $1,074,000 +3.7% |
| 2018 | $15,208 +7.5% | $1,036,000 +7.5% |
| 2017 | $14,149 -4.1% | $964,000 +5.7% |
| 2016 | $14,750 +2.3% | $912,000 |
| 2015 | $14,413 -0.8% | $912,000 +3.5% |
| 2014 | $14,531 -5.6% | $881,000 -4.7% |
| 2013 | $15,401 +0.7% | $924,000 -2.1% |
| 2012 | $15,293 +5.1% | $944,000 -5.8% |
| 2011 | $14,557 +2.1% | $1,002,000 -11.3% |
| 2010 | $14,261 -8.9% | $1,130,000 -13.6% |
| 2009 | $15,646 | $1,307,300 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1.2 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 2.2 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Mound
- 55364
- 4531 Island View Dr
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