logo
logo logo

Buying Your Blackwater Lake Property Selling Your Blackwater Lake Property Instant Notifications

MLS# 6772218 - 51XX Waterbury Road Mound, MN 55364

WELCOME TO A MASTERPIECE OF MODERN LUXURY WITH LONG VIEWS OF LAKE MINNETONKA! This custom-designed home is perfectly situated on a rare, private ¾-acre wooded walkout site with panoramic views of a large pond, surrounding wetlands, and Phelps Bay of Lake Minnetonka. One of the last undeveloped parcels in the area, this elevated property offers the feel of acreage while being surrounded by water and nature to the east and south. The site features 160 feet of shoreline on a large scenic pond, with a permitted dock and direct access to Lake Minnetonka via a 13-foot-wide channel. The pond is not deep, but could accommodate pontoons, small outboards, bass boats, kayaks, canoes, and windsurfers in summer—along with ice skating, pond hockey, and snowmobiling in winter. All the joys of lakeshore living, without lakeshore taxes. A rare opportunity, this property allows you to build your dream home with private water views to the east, wooded wetlands to the south, and abundant wildlife including ducks, geese, bald eagles, and deer. Tucked away on a quiet, no-outlet road, the building site sits on a peninsula and is part of an exclusive enclave of three new custom homes. Mature maple and oak trees ensure lush privacy in summer, brilliant fall colors, and serene winter landscapes—all enhanced by breathtaking sunrises over the pond. THE WATER & WOODS DESIGN - This bold two-story walkout home was thoughtfully created to blend seamlessly with its natural setting, capturing the beauty of the outdoors from every room. Exterior: Architectural elegance, rich color palette, and a timber-wrapped covered front porch welcome you home. Main Level: 10–12 ft ceilings with transom windows fill the home with light. The foyer opens to a private office. A gourmet kitchen with center island, stainless appliances, granite countertops, custom cabinetry, and a prep pantry anchors the space. The great room features a soaring stone fireplace and walls of windows with stunning water views. A formal dining room with built-in buffet leads to a cozy sunroom with another fireplace and wood-beamed ceiling. A spacious deck with cable railing provides the perfect outdoor retreat. A rear entry with bench and cubbies, plus a half bath, complete this level. Upper Level: A loft-style TV area and study nook lead to the vaulted owner’s suite with spa-like bath, walk-in closet, and private deck overlooking the water. Two additional bedrooms, a full bath, and laundry complete the level. Lower Level: With 9 ft ceilings, this walkout level includes a large family room with fireplace, game area, and a full wet bar—perfect for entertaining. A 4th bedroom and exercise/flex room complete with lower level. This is a once-in-a-lifetime opportunity to own a private, scenic property that balances modern luxury with the tranquility of nature—just steps from Lake Minnetonka.

HomeAvenue Inc is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Heartland Real Estate | Melanie Mix is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate | Melanie Mix, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Aug 29 2025 9:24PM.