For Sale
No HOANo HOA
Land for sale at 51xx Waterbury Rd, Mound, MN 55364 | MLS# 7044365 | Listing updated on 2026-05-11
Photo 1 of Land for sale at 51xx Waterbury Rd, Mound, MN 55364 | MLS# 7044365 | Listing updated on 2026-05-11
Photo 2 of Land for sale at 51xx Waterbury Rd, Mound, MN 55364 | MLS# 7044365 | Listing updated on 2026-05-11
Photo 3 of Land for sale at 51xx Waterbury Rd, Mound, MN 55364 | MLS# 7044365 | Listing updated on 2026-05-11
Photo 4 of Land for sale at 51xx Waterbury Rd, Mound, MN 55364 | MLS# 7044365 | Listing updated on 2026-05-11
29+
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Street View

$399,900

Monthly Est:$1,990

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon33,160sqft lot

51xx Waterbury Rd, Mound, MN 55364

$1,990/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 33,160 sqft lot

  • $12/sq.ft

Description

BEST LOTS AVAILABLE AROUND LAKE MINNETONKA! AMAZING 3/4 ACRE WOODED WALK-OUT LOT WITH BREATH-TAKING VIEWS OF LAKE MINNETONKA! Beautiful one of a kind, private building site with panoramic views of a large pond, nature area and Phelps Bay of Lake Minnetonka. (One of two walk-out building sites available)
This hidden gem is one of the last large undeveloped parcels left around the lake! Home packages on this lot starting at $1,150k. The property feels like acreage as it sits high out on a peninsula at the end of a private no outlet road.
THE PROPERTY INCLUDES 160 FT OF SHORELINE ON THE LARGE POND, WITH A PERMITTED DOCK AND LIMITED DIRECT ACCESS TO LAKE MINNETONKA THROUGH A
13 FT WIDE CHANNEL. The pond is not deep but could accommodate shallow watercraft such as a pontoon, shallow bow outboards and bass boats, kayaks, canoes and wind surfing
boards etc., during the summer as well as ice skating and pond hockey in the winter. All of this right at your doorstep, without lake shore taxes!
A rare opportunity to build either a glorified cabin or a large custom home with incredible private water views to the east, for sunrises and woods and nature area to the south and lots of wildlife! The pond is an active Eco System with fish, turtles, beavers, ducks & geese and many other birds as well as deer! All right outside your windows. Ask about our bold WATER & WOODS plan with a base price of $1.4M. Ask about $40k of builder credits towards the lot when building with Custom Living Homes, LLC.

Experience the quality and expertise of building with CLH, LLC with over 40 yrs of experience in custom home building with the latest in design trends and technology and with the highest quality craftsmanship and attention to details from start to finish! Ask the builder about new w/o Crow River lots available for $195k as well. IF YOU PREFER, YOU CAN BRING YOUR OWN BUILDER.

Why settle for outdated design and decor with needed projects when you can have a new custom built home!

Select one of our beautiful, well designed home plans, from traditional to modem or contemporary (some with a sport court) that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, life style and budget. The building site is a blank canvas with endless possibilities! The elevated building site can easily accommodate a two story or rambler house plan with a three car garage. As an example, our BIRCHWOOD open concept rambler design offers one level living with all the desired amenities and finishes. With the finished walk-out lower level it provides a total of 3,671sf of quality, design and function. The Birchwood house plan on this lot, has a base price of $1,150,000. Ask the builder about building incentives when building with CLH, LLC. Close to Excelsior and Wayzata, bike trails, parks and shopping along with the award-winning Westonka Schools makes this an ideal location to call home!
Make an appointment with the builder now to walk the lots and see the building site. The builder will explain the building process and the different home style options etc., and answer any of your questions, so bring your ideas to get started.
The building sites are ready for permitting and all utilities are in.

Please do not walk the property without the builder or turn around in the neighbor's driveways. Please use the turn-around area next to the info. box. Thank you!

  • Houzeo last checked: 3 minutes ago
  • Listing updated: May 11, 2026 at 1:21 am
  • Listing Provided by: Gregory W Lawrence (612) 924-3381 | HomeAvenue Inc (952) 929-7355
  • Source: Northstar MLS-MN | MLS#: 7044365 Northstar MLS-MN

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Hennepin County

  • City

    Mound

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    33,160 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northstar MLS

  • MLS Number

    7044365

  • Days on Market

    197

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Utilities & Energy

  • Utilities

    Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Phone Available, Phone Connected, Underground Utilities Available, Underground Utilities Connected, Water Available, Water Connected

Other Features

  • Lot Features

    Property Adjoins Public Land, Tree Coverage Heavy, Underground Utilities

Price History

DateEventPrice

05/11/2026

Source: mls_logoNorthstar MLS-MN #NST7044365

Price Decreased

$399,900 -66.65%

$0/sqft

03/04/2026

Source: mls_logoNorthstar MLS-MN #NST7020504

Listed for Sale

$1,199,000 -29.26%

$0/sqft

07/05/2025

Source: mls_logoNorthstar MLS-MN #NST6697919

Listing Removed

$1,695,000

$0/sqft

Nearby Homes

Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 11, 2026, 05:16AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.

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