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Active NEW!
$3,000,000
/mo Edit
Single Family:  2 Stories
4 br • 5 ba • Built 2027
4,714 sqft • 0.49 acres
Westonka schools
MLS# 7133553
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    Property Description

    Build your dream home here with Omni Custom Builders..Welcome to the untouched elegance, where the tranquil waters of Phelps Bay on Lake Minnetonka meet a property that feels as if it were pulled from a dream. Tucked away on a secluded peninsula shared by only two other estates, this once-in-a-lifetime lot has absolute privacy on three sides of this magnificent property that spans nearly half an acre. With 205 feet of uninterrupted shoreline in front and another 204 feet of water and natural views wrapping around the side and back, this property offers near-360° lakefront serenity. This rare setting invites you into a lifestyle defined by privacy, natural beauty, and year-round adventure. Phelps Bay is renowned among local anglers as the premier bass fishing destination on Lake Minnetonka. Launch your boat for a morning on the glassy water, cast off the dock at sunset, or explore the shoreline by paddle board. In winter, the frozen bay transforms into a private ice fishing haven just steps from home. Located in Westonka Schools, the property is just 20 minutes from downtown Minneapolis and moments from coveted West Metro favorites. Enjoy lakeside dining at Al & Alma’s Supper Club, cocktails on the deck at Lord Fletcher’s, or boutique shopping and cafes in Wayzata, Excelsior, and Mound. Golfers will appreciate the short drive to Lafayette Club, and nature lovers can escape into nearby trails and parks along the lake. Set at the end of a quiet cul-de-sac/private driveway, this site promises unmatched seclusion. The southeast-facing exposure gifts you with golden sunrises over the water each morning, and burying the existing utilities underground will preserve your unobstructed, horizon-wide view. Here, you don’t just build a home, you create a legacy. If you want a one-of-a-kind, secluded, and private 1/2 acre lot on Lake Minnetonka, this is the perfect property for you. Being able to see nature around you, while living on Lake Minnetonka is rare, and this lot has it all.

    Listing

    Contingency: None
    Price per sq ft: $636
    City: Minnetrista
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55364
    Subdivision Name: Douglas
    Builder Name: OMNI CUSTOM BUILDERS, LLC

    Interior

    Living Area: 4,714 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Dishwasher
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Freezer
    • Gas Water Heater
    • Humidifier
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Fireplace Details:
    • Family Room
    • Gas
    • Two Sided
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 877 ft2
    Air Conditioning: Central Air
    Foundation Size: 2,545 ft2
    Fencing: None
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • In-Floor Heating
    Parking Features:
    • Asphalt
    • Attached Garage
    • Electric
    • Finished Garage
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    Unit Amenities:
    • Cable
    • Hardwood Floors
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Paneled Doors
    • Porch
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    • Wet Bar
    Road Frontage: City Street
    Exterior Material:
    • Concrete
    • Frame
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 2
    Bathroom Details:
    • Bathroom Ensuite
    • Double Sink
    • Full Primary
    • His and Her Closets
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Upper Level Full Bath
    Dining/Kitchen:
    • Breakfast Bar
    • Eat In Kitchen
    • Kitchen/Dining Room
    Laundry:
    • Gas Dryer Hookup
    • Laundry Room
    • Main Level
    • Sink
    • Upper Level
    • Washer Hookup
    Upper Level Size Sq Ft
    Bar/Wet Bar Room  —  — 
    Bonus Room  —  — 
    Family Room  —  — 
    Bedroom 4  —  — 
    Laundry  —  — 
    Bedroom 3  —  — 
    Main Level Size Sq Ft
    Dining Room  —  — 
    Bedroom  —  — 
    Great Room  —  — 
    Kitchen  —  — 
    Laundry  —  — 
    Office  —  — 
    Porch  —  — 
    Bedroom 2  —  — 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Bay, Lake, Panoramic
    WF Frontage: 205
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom:
    • Excellent Sand
    • Hard
    • Rocky
    • Sand
    • Soft

    Lot & Land

    Acres: 0.49
    Geolocation: 44.916768, -93.653497
    Lot Dimensions: 234 x 205 x 230
    Zoning:
    • Residential-Single Family
    • Shoreline
    Lot Description: Tree Coverage - Light

    Schools

    School District: 277
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,041
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,041
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Lot Price: $1,600,000
    Model Location: 1545 Minnie Ave Orono
    Sewer System: Septic System Compliant - Yes
    Water System: Well

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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.
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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.