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4 Beds
4 Baths
3,412 sqft

$949,900

3149 Inverness Lane, Mound MN, 55364

Price per sqft$278.40
Built in2026
Property size3,412 sqft
Property typeResidential
Courtesy of Edina Realty, Inc., Butcher Real Estate Team Listing Contact:

Overview

Active

Listed Jul 27, 2026

Updated Jul 28

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.

$6,320/mo

Est. mortgage payment based on a $949,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7116704

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$2,210
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Steve Schmitz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:40 AM UTC on 7/28/2026. All data is obtained from various sources and may not have been verified by 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.

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