Between $800,000 - $900,000 Mound MN Real Estate, Homes, Condos for Sale

Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!

5243 Eden Road, Mound

Listing courtesy of Reimagine Real Estate.

$890,000

8 Beds ⋅ 4 Baths ⋅ 7159750 MLS

Exceptional Fourplex Investment Opportunity in Mound – Live in One, Rent the Others! Discover the possibilities at 5271 Eden Road in Mound, an exciting opportunity for investors and owner-occupants alike! This fourplex offers the potential to build long-term wealth through rental income while providing the unique opportunity to live in one unit and rent out the remaining three. Whether you’re expanding your real estate portfolio, looking to offset your monthly housing expenses, or exploring your first multi-unit investment, this property offers an appealing combination of flexibility and income potential. Located in the desirable Lake Minnetonka community of Mound, this property puts you in a setting that blends small-town charm with outdoor recreation and convenient access to the greater Twin Cities. Enjoy the nearby Dakota Rail Regional Trail for biking, walking, and scenic lake-country views, along with Mound’s many parks, beaches, and opportunities to enjoy the outdoors. Surfside Park & Beach provides a popular lakeside destination, while local restaurants, shops, and community events add to the area’s welcoming hometown atmosphere. Mound’s connection to Lake Minnetonka is a standout feature, offering a lifestyle that residents can enjoy throughout the seasons. With Minneapolis approximately 20 miles away, the area provides a balance of lakeside living and access to metropolitan amenities. Whether you’re an experienced investor seeking another income-producing asset or a buyer ready to let rental income help make homeownership more attainable, this fourplex is an opportunity worth exploring. Invest in the potential, enjoy the lifestyle, and discover the possibilities of owning a multi-unit property in the Lake Minnetonka area!

5271 Eden Road, Mound

Listing courtesy of Reimagine Real Estate.

$850,000

3 Beds ⋅ 4 Baths ⋅ 7116654 MLS

Enjoy the convenience of easy living with this gorgeous Villas on Lost Lake corner townhouse while also being gifted with a 30-foot dock slip on Lake Minnetonka! The generously sized living room offers ample space for seating while enjoying a stone surround gas fireplace and walkout access to your private deck with views of the charming neighborhood pool. The bright and sunny open kitchen includes granite countertops, a high-top breakfast bar seating area, a wall of windows, stainless steel appliances, a corner informal dining room with new custom built-in shelving, and one of the more impressive main level powder rooms you’ll see! The oversized upper-level primary suite has a walk-in closet, a small corner nook you can use for lounging or office space, a separate tub and shower in primary bathroom and double sinks. A 2nd upper-level bedroom with full bathroom compliments the upper level. The lower level includes a 3rd non-conforming bedroom that can also be used as an office or den, which includes walkout access to the back patio and has a private powder room. Additional features include a sought-after elevator that travels to all three levels, an upper-level laundry room, new HVAC system and water heater installed in July of 2026. The community pool is very well maintained and includes a BBQ grille area, seating, private restroom and a hot tub. Close access to Downtown Mound, Dakota Trail, lake accessibility and easy walkability to Caribou Coffee and Speedway.

5490 Lost Lake Lane, Mound

Listing courtesy of Coldwell Banker Realty.

$849,000

7143389 MLS

Rare opportunity to build your dream lakeshore home on sought-after Phelps Bay on Lake Minnetonka. This .18-acre lot features 80 feet of south-facing shoreline with stunning lake views. Dock allowed and city sewer and water available. Existing structure on site offers a prime teardown opportunity for new construction. Enjoy the perfect location on Lake Minnetonka with easy boating access to the lake’s many popular waterfront restaurants and destinations. Mature trees, wide lot, and beautiful water views create the ideal setting for your custom lakeshore retreat. Exceptional chance to secure a premium homesite on Minnesota's most desirable lake.

4877 Island View Drive, Mound

Listing courtesy of RE/MAX HomeMasters.

$859,900

5 Beds ⋅ 3 Baths ⋅ 7131090 MLS

Exceptional opportunity on a quiet dead-end road surrounded by luxury homes, just steps from North Arm Bay and offering stunning year-round views of Lake Minnetonka. Large windows in the main living area bring the lakefront scenery indoors, while automated blinds throughout the kitchen, dining, and living rooms add everyday comfort and convenience. Designed for entertaining inside and out, the open-concept layout features a spacious kitchen with granite countertops, updated cabinetry, and seamless flow to the living spaces. Step outside to the oversized wraparound deck overlooking the expansive over half an acre lot complete with a fire pit and fenced backyard with large gate access for equipment, toys, or easy maintenance. A brand-new private guest suite offers luxury accommodations with its own kitchenette, bathroom, and closet—ideal for guests, multigenerational living, or a private office retreat. The attached heated breezeway connects to the impressive 4-stall heated garage, including an oversized bay perfect for a boat, RV, camper, gym, or entertaining space with built-in wet bar and cabinetry. Epoxy garage floors and abundant storage throughout add even more appeal. Additional upgrades include Marvin windows throughout, roof, Hardie siding with stone accents, driveway, garage doors, A/C, whole-house water filtration with reverse osmosis, maintenance-free deck boards, and more. Enjoy the rare ability to walk to lightly used public lake access directly across from the home for boating, fishing, swimming, kayaking, or snowmobiling. Location, lifestyle, and updates all come together in this one-of-a-kind property.

1375 Cherry Place, Mound

Listing courtesy of RE/MAX Advantage Plus.

$899,900

4 Beds ⋅ 4 Baths ⋅ 7116704 MLS

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.

3149 Inverness Lane, Mound

Listing courtesy of Edina Realty, Inc..

$829,900

7064657 MLS

Exceptional opportunity to acquire a well-maintained multi-tenant commercial building in the heart of Mound. This 12-unit office property offers strong in-place income with no current vacancies, making it an ideal investment for both seasoned investors and owner-operators. The property features approximately 4,800+ finished square feet across multiple levels, with a flexible layout that accommodates a variety of professional office uses. Situated on a high-visibility corridor just off Commerce Boulevard, the location provides convenient access for tenants and clients alike, with ample on-site parking and proximity to Lake Minnetonka communities. Additional upside potential exists through future rent optimization and possible leasing of storage areas in the basement.

2434 Commerce Boulevard, Mound

Listing courtesy of Compass.

Browse All Mound MN Between $800K - $900K Properties for Sale

Between $800K - $900K Mound Real Estate

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