Property information

Beds

4

Baths

5

Sq Ft

4,714

Year Built

2027

Property Type

Single Family

Acres

0.49

County

Hennepin

Waterfront

Dock, Lake Front, Lake View

Waterfront View

Bay, Lake, Panoramic

Waterfront Feet

205

Water Body

—

Parking

3

Basement

None

Price/Sqft

$636

Stories

Two

HOA Fee

$0

Updated

29 D AGO

List Date

8/26/2026

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.