Estimated payment $1,115/month
About This Lot
This 0.37-acre vacant lot on Phelps Island offers a rare opportunity to build in one of the area’s most desirable locations, with public water and sewer available and no HOA. Nestled on a quiet dead-end road, the property overlooks wetlands and provides stunning seasonal views of Lake Minnetonka from a private, wooded bluff—ideal for a walkout home design with slope to the water and lake access. Located on a peaceful cul-de-sac, it’s close to bike trails, parks, shopping, and the award-winning Westonka Schools, with easy access to Excelsior, Wayzata, and all the area’s attractions. A perfect setting to create your dream home in a serene yet convenient lakeside location.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,734
Lot Details
- Lot Dimensions are 157x158x121x141
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2511724120206
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2025 12/17/25 | Price Changed | $184,999 | -1.1% | -- | |
| 12/10/2025 12/10/25 | Price Changed | $186,999 | -0.5% | -- | |
| 12/03/2025 12/03/25 | Price Changed | $187,999 | -1.1% | -- | |
| 11/26/2025 11/26/25 | Price Changed | $189,999 | -2.6% | -- | |
| 11/19/2025 11/19/25 | For Sale | $194,999 | +34.6% | -- | |
| 11/27/2023 11/27/23 | Sold | $144,900 | 0.0% | -- | View Prior Sale |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- | |
| 07/20/2023 07/20/23 | Price Changed | $144,900 | -9.4% | -- | |
| 06/16/2023 06/16/23 | For Sale | $159,900 | -- | -- |
Source: NorthstarMLS
MLS Number: 6819895
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