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Active NEW!
$2,595,000
/mo Edit
Condo/Townhome:  Side x Side
4 br • 3 ba • Built 1995
3,424 sqft • 0.18 acres
Westonka schools
MLS# 7080372
Open House
         11a - 1p
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    Property Description

    Extraordinary Pelican Point end-unit townhome offering sweeping southerly views across Lake Minnetonka’s coveted Spring Park Bay — a quieter, more refined bay protected by Phelps Island and prized for its peaceful waters, residential feel, and access to the full Lake Minnetonka chain. Rarely does a property of this caliber become available; this home is on the market only due to an unexpected change in family circumstances. Completely reimagined by the current owner, this residence underwent a full-scale renovation of the structure, systems, and interiors, blending timeless luxury with exceptional craftsmanship and modern performance (SEE SUPPLEMENTS FOR LIST OF IMPROVEMENTS). Walls were opened to maximize natural light and panoramic lake views, fireplaces were relocated to improve flow, and every room was thoughtfully redesigned. The stunning gourmet kitchen features top-of-the-line appliances, custom cabinetry, granite surfaces, a pot filler, beverage refrigeration, and premium finishes throughout. Expansive new Marvin Ultimate windows and dual 4-panel sliding doors flood the home with natural light while framing breathtaking lake views from nearly every space. Elegant white oak flooring, coffered ceilings, custom cabinetry and built-ins, designer lighting, and beautifully renovated baths elevate the home throughout. Beyond aesthetics, the home was comprehensively rebuilt to current standards, with structural steel reinforcement from the foundation to the roof, bringing the property into compliance with current code requirements. Major mechanical improvements include all-new electrical wiring and a 200-amp panel; plumbing supply and drain lines; a Generac backup generator with remote monitoring; new HVAC systems, including furnace, air conditioning, air exchange, humidification, and dual-zone climate control; a tankless water heater; and a water softener. and water purification systems. Additional enhancements include complete reinsulation with foam insulation and soundproofing between floors and shared walls, all-new James Hardie exterior siding, rebuilt decks with premium Ipe ironwood surfaces, Phantom screens, aluminum railings, extensive professional landscaping, rock walls, irrigation, landscape lighting, and exceptional outdoor living spaces designed to embrace the lakefront setting. Located within highly sought-after Pelican Point, residents enjoy luxury lakeside living with panoramic water views, shared shoreline amenities, and convenient dock access — all within one of Lake Minnetonka’s most desirable waterfront communities.

    Listing

    Contingency: None
    Price per sq ft: $758
    City: Mound
    County: Hennepin
    State: MN
    Property Style: Side x Side
    Zip Code: 55364
    Subdivision Name: Pelican Point

    Interior

    Living Area: 3,424 ft2
    Common Wall: Yes
    Appliances Included:
    • Air-To-Air Exchanger
    • Cooktop
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Exhaust Fan
    • Humidifier
    • Microwave
    • Refrigerator
    • Stainless Steel Appliances
    • Tankless Water Heater
    • Water Softener Owned
    Fireplace Details:
    • Family Room
    • Gas
    • Living Room
    Basement Details:
    • Drain Tiled
    • Egress Window(s)
    • Finished
    • Full
    • Tray Ceiling(s)
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 26 x 25
    Garage Size: 650 ft2
    Garage Door Height: 7
    Garage Door Width: 9
    Air Conditioning: Central Air
    Foundation Size: 1,902 ft2
    Handicap Accessible: Doors 36"+, Hallways 42"+, Partially Wheelchair
    Road Responsibility: Association Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Electric
    • Finished Garage
    • Floor Drain
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    Shared Amenities:
    • Boat Slip
    • Trail(s)
    Unit Amenities:
    • Boat Slip
    • Cable
    • Deck
    • Dock
    • Ethernet Wired
    • Hardwood Floors
    • In-Ground Sprinkler
    • Main Floor Primary Bedroom
    • Patio
    • Porch
    • Primary Bedroom Walk-In Closet
    • Security Lights
    • Tile Floors
    Road Frontage: Private Road
    Exterior Material: Steel Siding
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: 1
    Shared Rooms: Community Room
    Bathroom Details:
    • 3/4 Basement
    • Double Sink
    • Full Primary
    • Main Floor 3/4 Bath
    • Main Floor Full Bath
    • Private Primary
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Eat In Kitchen
    • Informal Dining Room
    • Living/Dining Room
    Laundry:
    • Gas Dryer Hookup
    • Laundry Room
    • Main Level
    Main Level Size Sq Ft
    Deck  18 x 7  126 
    Deck  17.5 x 16  272 
    Dining Room  24 x 13  312 
    Bedroom  18 x 18  324 
    Kitchen  15 x 15  225 
    Laundry  9 x 6.5  54 
    Living Room  26 x 16  416 
    Primary Bathroom  19 x 6  114 
    Mud Room  9 x 5  45 
    Lower Level Size Sq Ft
    Deck  15 x 15.5  225 
    Family Room  32 x 18.5  576 
    Bedroom 4  14 x 11  154 
    Patio  14 x 16  224 
    Bedroom 2  13.5 x 12.5  156 
    Storage  11 x 9  99 
    Bedroom 3  14 x 11  154 
    Utility Room  26 x 18  468 

    Lake & Waterfront

    Waterfront Present: N
    WF Frontage: 100
    Waterfront: Lake View
    Lake Bottom: Gravel

    Lot & Land

    Acres: 0.18
    Geolocation: 44.925342, -93.635545
    Lot Dimensions: 48 x 131 x 68 x 149
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 277
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $21,838
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $21,838
    Association Fee Required: Yes
    Association Fee: $3,233
    Association Fee Frequency: Quarterly
    Association Fee Includes:
    • Beach Access
    • Building Exterior
    • Hazard Insurance
    • Lawn Care
    • Maintenance Grounds
    • Professional Mgmt
    • Shared Amenities
    • Snow Removal
    Association Company: Multiventure Properties, Inc.
    Association Company Number: 9529209388

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.