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Active
    • $469,888

    5142 Waterbury Rd, Mound, MN 55364

    5beds
    2,506sqft
    : 
    $2,956/mo
    Get pre-qualified
    Single Family
    Built in 2002
    0.29 Acres Lot
    $-- Zestimate®
    $188/sqft
    $-- HOA

    What's special

    Beautiful hardwood floorsRefinished wraparound deckFully finished lower levelFresh interior paintNewer air-conditioning systemBeautifully landscaped gardens
    Nestled in the sought-after Phelps Island neighborhood in Lake Minnetonka, this beautifully maintained 5-bedroom, 3-bath rambler home offers over 2,500 square feet of thoughtfully designed living space in the highly regarded Westonka School District (ISD 277). The main level is designed for comfortable everyday living and features a spacious primary suite with a private bath, a second bedroom or home office, and a full guest bathroom. Beautiful hardwood floors, wide 32-inch doorways, and a generous kitchen with a center island create an open, welcoming space that is both functional and handicap friendly height. Recent improvements include fresh interior paint, a newer air-conditioning system, a refinished wraparound deck, and an upgraded whole-home water softening and filtration system. The newly installed white vinyl fence provides privacy while framing beautifully landscaped gardens and a spacious brick paver patio—perfect for entertaining, summer barbecues, morning coffee, or relaxing Minnesota evenings. The fully finished lower level features impressive 9-foot ceilings and three garden-view bedrooms that bring in abundant natural light, creating a bright and inviting living space. A large family and recreation room easily accommodates movie nights, game tables, a children’s playroom, home gym, or hobby area. The lower-level bathroom includes a double-sink vanity and an oversized walk-in shower, while a second laundry area adds everyday convenience. Located just minutes from Lake Minnetonka and within walking distance of Al & Alma’s Supper Club, neighborhood parks, trails, and other lake-area amenities, this home offers the perfect combination of comfort, flexibility, and lifestyle. Whether you’re raising a family, welcoming grandchildren and guests, working from home, or simply looking for the ease of one-level living with exceptional finished space below, this home offers warmth, versatility, and the welcoming charm that makes Phelps Island one of the Westonka area’s most desirable neighborhoods.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Carla M Koster 651-402-9859,

    Keller Williams Premier Realty Lake Minnetonka

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7107869MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      Bedroom
      • Level: Main
      • Area: 224.9 Square Feet
      • Dimensions: 17.3x13
      Bedroom 2
      • Level: Main
      • Area: 123.76 Square Feet
      • Dimensions: 13.6x9.1
      Bedroom 3
      • Level: Lower
      • Area: 155.54 Square Feet
      • Dimensions: 14x11.11
      Bedroom 4
      • Level: Lower
      • Area: 145.95 Square Feet
      • Dimensions: 10.5x13.9
      Bedroom 5
      • Level: Lower
      • Area: 116.61 Square Feet
      • Dimensions: 12.8x9.11
      Primary bathroom
      • Level: Main
      • Area: 55.1 Square Feet
      • Dimensions: 9.5x5.8
      Dining room
      • Level: Main
      • Area: 108.67 Square Feet
      • Dimensions: 8.11x13.4
      Family room
      • Level: Lower
      • Area: 247.2 Square Feet
      • Dimensions: 20.6x12
      Foyer
      • Level: Main
      • Area: 48.14 Square Feet
      • Dimensions: 5.8x8.3
      Kitchen
      • Level: Main
      • Area: 228.62 Square Feet
      • Dimensions: 16.1x14.2
      Living room
      • Level: Main
      • Area: 284.57 Square Feet
      • Dimensions: 19.9x14.3
      Mud room
      • Level: Main
      • Area: 61.71 Square Feet
      • Dimensions: 5.10x12.1
      Utility room
      • Level: Lower
      • Area: 339.71 Square Feet
      • Dimensions: 21.10x16.1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
      • Laundry: Gas Dryer Hookup, Lower Level, Main Level, Washer Hookup
      Features
      • Basement: Block,Daylight,Egress Window(s),Finished,Full,Other,Storage Space,Sump Pump,Tile Shower
      • Has fireplace: No
      Interior area
      • Total structure area: 2,662
      • Total interior livable area: 2,506 sqft
      • Finished area above ground: 1,253
      • Finished area below ground: 1,253
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Asphalt, Garage Door Opener
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (23.4x26)
      Accessibility
      • Accessibility features: Grab Bars In Bathroom
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Front Porch, Patio, Wrap Around
      • Fencing: Full,Privacy,Vinyl
      Lot
      • Size: 0.29 Acres
      • Dimensions: 120 x 80 x 40 x 80
      • Features: Irregular Lot, Tree Coverage - Medium
      Details
      • Foundation area: 1368
      • Parcel number: 2511724210047
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Whipple
      HOA
      • Has HOA: No
      Location
      • Region: Mound

      Financial & listing details

      • Price per square foot: $188/sqft
      • Tax assessed value: $423,200
      • Annual tax amount: $4,675
      • Date on market: 7/30/2026
      • Cumulative days on market: 58 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Listed for sale$469,888-3.1%$188/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7107869 Report a problem
        7/10/2026Listing removed$485,000$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7071481 Report a problem
        6/5/2026Price change$485,000-3%$194/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7071481 Report a problem
        5/14/2026Listed for sale$500,000+33.3%$200/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7071481 Report a problem
        10/15/2020Sold$375,000+1.4%$150/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5654869 Report a problem
        9/25/2020Pending sale$369,900$148/sqft
        Source: Ferrell Real Estate Group Inc #5654869 Report a problem
        9/9/2020Listed for sale$369,900+20.8%$148/sqft
        Source: Ferrell Real Estate Group Inc #5654869 Report a problem
        11/3/2016Sold$306,200-1.2%$122/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4766465 Report a problem
        9/30/2016Listed for sale$310,000$124/sqft
        Source: RE/MAX Results #4766465 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,502 +3.1%$423,200 +1.2%
        2024$4,366 +12.6%$418,000 -0.2%
        2023$3,877 +7.2%$418,800 +6%
        2022$3,617 +0.7%$395,000 +25%
        2021$3,592 -14.2%$316,000 +1%
        2020$4,186 +16.5%$313,000 +3.3%
        2019$3,592 -14.2%$303,000 +3.8%
        2018$4,186 +18%$292,000 +11.5%
        2017$3,547 +2.8%$262,000 +12.9%
        2016$3,451 +10.8%$232,000 -1.3%
        2015$3,115 -2.4%$235,000 +20.5%
        2014$3,190 +12.9%$195,000 +4.3%
        2013$2,825 -29.3%$187,000 -19%
        2012$3,993 +5.1%$231,000 -6.9%
        2011$3,801 +6.2%$248,000 -3.9%
        2010$3,579 -4.8%$258,000 -11.6%
        2009$3,761 +3.2%$292,000 +4.3%
        2006$3,646 +19.4%$280,000 +6.1%
        2005$3,054 +3.7%$264,000 +4.8%
        2004$2,946 +170.9%$252,000 +143.2%
        2002$1,088 -29%$103,600
        2001$1,532 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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

        Getting around

        8 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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