BEAUTIFUL CUSTOM ONE-LEVEL LIVING WALK-OUT RAMBLER SET ON A RARE AND PRIVATE ¾ ACRE WOODED BUILDING SITE WITH PANORAMIC VIEWS OF WATER, WOODS, AND NATURAL BEAUTY! IT INCLUDES LONG VIEWS OF PHELPS BAY OF LAKE MINNETONKA.
The property feels like acreage as it sits up high out on a peninsula at the end of a no outlet road. A fantastic opportunity to build a custom home on an amazing property! THE SITE FEATURES 160 FEET OF SHORELINE ON A LARGE SCENIC POND WITH A PERMITTED DOCK AND LIMITED DIRECT ACCESS TO LAKE MINNETONKA VIA A 13 FT WIDE CHANNEL- all without lake shore taxes! The pond is not deep but could accommodate smaller craft such as a pontoon, shallow bow outboards, bass boats, kayaks, or canoes. The peaceful and natural setting offers a nice mix of both water and woods surrounded by mature maple and oak trees which assures lush privacy in the summer, blazing colors in the fall and serene winter landscapes. Trim back some trees for unobstructed water views and amazing sunrises from your new home!
Presenting our BIRCHWOOD open concept rambler design which is fully customizable and takes full advantage of this truly special and scenic building site. See attached photos of a similar home we built and the beautiful building site! The interior features the beauty of nature, timeless craftsmanship with the perfect balance of enameled and natural woodwork, tile, and stone! Custom cabinetry & mill work, wide plank floors with quality finishes throughout. Main level living features high ceilings and walls of windows with amazing views. Convenient office with barn door, wainscoting walls & built-in shelves; light filled great room with beam ceiling, large windows, and stone FP with built-ins. Centerpiece gourmet kitchen features everything expected with large center island, granite, and SS appliances and includes a desirable prep pantry. Inviting sun room has vaulted ceiling with beams, lots of windows for views of the woods and water, including a stone FP that opens to a large deck for outdoor living space. Luxurious primary suite with private views features spa-like bath with ceramic tile, heated floor, walk-in shower, freestanding tub, separate vanities and his and her closets with laundry. The Lower Level is designed for health, relaxation, and entertainment. Large family room with FP, room for big screen TV, pool table area, full wet bar, two additional bedrooms and two baths and a flex/exercise room which leads to an opt. patio/hot tub area to enjoy. Mechanical room with storage completes the lower level; 3 car garage & landscape package. Truly a high quality, custom home! If the BIRCHWOOD plan does not meet your needs, select one of our other beautiful, well-designed home plans from traditional to cottage style or contemporary that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, lifestyle and budget! Collaborate with our designer to select the finishes and colors to make this home truly yours! The building site is a blank canvas with endless possibilities! Experience the quality and expertise of building with Custom Living Homes LLC with over 40 yrs of experience in custom home building. Close to lakes & parks and shopping. Convenient to Excelsior and Wayzata. Award winning Westonka Schools! The building site is ready for permitting and all utilities are in. Make an appointment with the builder now to walk the lots to see the beautiful views, secure the building site and do design and budget work for starting construction this spring!
*Please Note: Open houses are held at 5129 Waterbury Rd. Contact the builder for further details. The existing home next door at 5123 Waterbury Rd. to be removed. Please do not walk the property without the builder or turn around in the neighbor's driveways.
Thank you!
Active
Price increase: $30K (3/4)
$1,199,000
51XX Waterbury Rd, Mound, MN 55364
4beds
3,916sqft
Est.:
Single Family Residence
Built in 2026
0.76 Acres Lot
$1,189,200 Zestimate®
$306/sqft
$-- HOA
What's special
Open concept rambler designDesirable prep pantryLandscape package
- 37 days |
- 1,263 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 07:53am
Listed by:
Gregory W Lawrence 612-716-9473,
HomeAvenue Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7020504
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom 2
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 11 x 15
Bedroom 3
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 11 x 14
Bedroom 4
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15 x 13
Other
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 10 x 12
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Family room
- Level: Lower
- Area: 368 Square Feet
- Dimensions: 23 x 16
Game room
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 09 x 16
Kitchen
- Level: Main
- Area: 304 Square Feet
- Dimensions: 16 x 19
Living room
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16 x 16
Study
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Sun room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15 x 13
Heating
- Forced Air, In-Floor Heating, Other
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
Features
- Basement: Drain Tiled,Finished,Full,Concrete,Storage Space,Sump Pump,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Family Room, Gas, Living Room, Other, Stone
Interior area
- Total structure area: 3,916
- Total interior livable area: 3,916 sqft
- Finished area above ground: 1,958
- Finished area below ground: 1,852
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Electric Vehicle Charging Station(s), Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (32 x 22), Garage Door Height (8), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View, Other, Pond
Lot
- Size: 0.76 Acres
- Dimensions: 208 x 160
- Features: Property Adjoins Public Land, Sod Included in Price, Tree Coverage - Heavy
Details
- Foundation area: 2560
- Parcel number: TBD
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Frame
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2026
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Price per square foot: $306/sqft
- Annual tax amount: $2,171
- Date on market: 2/12/2026
- Road surface type: Paved
Estimated market value
$1,189,200
$1.13M - $1.25M
$6,245/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Price change | $1,199,000+2.6%$306/sqft |
Source: | ||
| 2/12/2026 | Listed for sale | $1,169,000+1.7%$299/sqft |
Source: | ||
| 2/12/2026 | Listing removed | $1,149,500+187.4%$294/sqft |
Source: | ||
| 10/28/2025 | Price change | $399,900-5.9%$102/sqft |
Source: | ||
| 10/9/2025 | Price change | $425,000-63%$109/sqft |
Source: | ||
| 10/9/2025 | Price change | $1,149,500-27.9%$294/sqft |
Source: | ||
| 9/24/2025 | Price change | $1,595,000+258.4%$407/sqft |
Source: | ||
| 9/24/2025 | Price change | $445,000-6.3%$114/sqft |
Source: | ||
| 9/9/2025 | Price change | $475,000-71.1%$121/sqft |
Source: | ||
| 8/29/2025 | Price change | $1,645,000+232.3%$420/sqft |
Source: | ||
| 8/7/2025 | Price change | $495,000-70.8%$126/sqft |
Source: | ||
| 4/5/2025 | Price change | $1,695,000+184.9%$433/sqft |
Source: | ||
| 2/7/2025 | Listed for sale | $595,000$152/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,352/mo
Principal & interest
$6183
Property taxes
$1169
More affordability tools
Climate risks
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1 mi
- 9/10Grandview Middle SchoolGrades: 5-7Distance: 1.9 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.6 mi
Local experts in 55364
- Minnesota
- Hennepin County
- Mound
- 55364
- 51XX Waterbury Rd






