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Active NEW!
$949,900
/mo Edit
Single Family:  2 Stories
4 br • 4 ba • Built 2026
3,412 sqft • 0.26 acres
Westonka schools
MLS# 7116704
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    Property Description

    Discover an exceptional opportunity to build a one-of-a-kind luxury home on coveted Phelps Island, where timeless craftsmanship meets the unmatched lifestyle of Lake Minnetonka. Perfectly positioned with beautiful views of Phelps Bay, this to-be-built custom residence by Norbrook Construction offers the rare freedom to create a home that is uniquely yours. Personalize the thoughtfully designed floor plan, modify the layout to fit your needs, select every finish, or bring your own custom plans to bring your vision to life. Designed with both everyday living and elegant entertaining in mind, the proposed home features 4 bedrooms, 3 bathrooms, and a 2 car attached garage, with the flexibility to add a 5th bedroom. The upper level hosts three spacious bedrooms, including a luxurious primary suite complete with spa-inspired private bath and oversized walk-in closet. Sun-filled open living spaces flow seamlessly throughout the main level, where a stunning gas fireplace creates a warm focal point and expansive windows frame picturesque views of Phelps Bay. Every inch of the home reflects Norbrook Construction's commitment to exceptional quality and attention to detail. Premium appliances, designer lighting, custom cabinetry, luxury flooring, beautiful countertops, and carefully curated finishes come together to create an elevated living experience that is both sophisticated and welcoming. Delivered turnkey, your home will be professionally landscaped and finished to the highest standards. Beyond the front door, embrace the coveted Lake Minnetonka lifestyle. Just steps from public beaches, parks, playgrounds, and neighborhood docks, you'll have easy access to everything that makes lakeside living so desirable. Secure your own dock slip and spend your days cruising the lake, enjoying waterfront restaurants, fishing, paddleboarding, or simply taking in spectacular sunsets over the water. This is more than a custom home-it's an opportunity to experience luxury living in one of Lake Minnetonka's most sought-after communities.

    Listing

    Contingency: None
    Price per sq ft: $278
    City: Mound
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55364

    Interior

    Living Area: 3,412 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Chandelier
    • Dishwasher
    • Disposal
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Electric Water Heater
    • Exhaust Fan
    • Freezer
    • Humidifier
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Washer
    • Water Softener Owned
    Fireplace Details: Gas
    Basement Details:
    • Egress Window(s)
    • Sump Pump
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 19x22
    Garage Size: 429 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,400 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Paneled Doors
    • Patio
    • Porch
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Walk-In Closet
    • Washer/Dryer Hookup
    • Wet Bar
    Road Frontage: City Street
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Double Sink
    • Full Jack & Jill
    • Full Primary
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Upper Level Full Bath
    • Walk-In Shower Stall
    Dining/Kitchen: Kitchen/Dining Room
    Laundry:
    • Electric Dryer Hookup
    • Laundry Room
    • Upper Level
    Upper Level Size Sq Ft
    Bedroom  15 x 16  240 
    Laundry  7 x 8  56 
    Loft  12 x 25  300 
    Bedroom 2  11 x 12  132 
    Bedroom 3  12 x 11  132 
    Main Level Size Sq Ft
    Dining Room  17 x 11  187 
    Family Room  16 x 17  272 
    Kitchen  11 x 13  143 
    Office  7 x 6  42 
    Lower Level Size Sq Ft
    Bedroom 4  11 x 11  121 
    Living Room  20 x 17  340 

    Lake & Waterfront

    Waterfront Present: N
    Waterfront: Lake View

    Lot & Land

    Acres: 0.26
    Geolocation: 44.9220859535, -93.6419614995
    Lot Dimensions: 60 x 190 x 60 x 190
    Zoning: Residential-Single Family

    Schools

    School District: 277
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,210
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,210
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.