Welcome to island life, Minnesota style! Located on Phelps Island, this lovely, custom-built, Northwoods-like home is ready for new owners! Situated at the end of a cul-de-sac on a gorgeous lot, this charmer features 3 bedrooms, including an owner's suite, 3 bathrooms, towering ceilings, an abundance of natural light, a BEAUTIFUL fenced backyard complete with fruit trees, perennials, a large deck and custom built patio with firepit, custom woodwork throughout, need I go on? Lives more like a 2 story, rather than a split entry, as there are only 2 steps going into the basement off the foyer! Within STEPS of Lake Minnetonka swim beaches, numerous parks and trails, as well as restaurants and shopping, this home is the stuff of dreams. Located in award winning Westonka Schools, you will not want to miss this one. Come grab it before it;s gone!
Single-familyProperty Type
1989Year Built
9,147 sq ftLot Size
2 car garageParking
Listed by Mary Beth Burgstahler• Edina Realty, Inc.
Great room floor plan with a gas fireplace and high vaulted ceiling finished in tongue and groove pine offers up north cabin charm. An open staircase leads to a unique loft bedroom with private bath. Kitchen features all appliances and the informal dining area steps out to a landscaped back yard with fire pit. There are two bedrooms and a full bath on the main floor. Downstairs you find a family room, three quarter bath and walk in closet. A mudroom steps out to the oversize 2 stall garage. Nice culdesac location.
NORTHSTARMLS as Distributed by MLS Grid #4124940
Apr 23, 2012
Sold
$172,000
Mar 13, 2012
Listing Removed
—
Feb 22, 2012
Listed
$177,500
+11
Beautiful split entry home on nice landscaped lot in great neighborhood. 3 Bedrooms and 2 baths, new carpet & fresh paint, natural woodwork, open kitchen with center island, vaulted ceilings with finished half story, finished lower level and 2 car garag
Year
Property tax
Land + Additions
Assessment*
2026
$6,143 (+21.2%)
2025
$5,068 (+6.0%)
2024
$4,782 (+48.2%)
2023
$3,227 (+14.5%)
2022
$2,818 (+0.9%)
2021
$2,792 (+5.6%)
2020
$2,645 (−40.6%)
2019
$4,454 (+8.0%)
2018
$4,123 (+31.1%)
2017
$3,145 (−10.6%)
2015
$3,516 (+85.9%)
2014
$1,891 (+18.1%)
2013
$1,601 (−44.4%)
2012
$2,877
Tax history for 3006 Inverness Ln
Year
Property tax
Land + Additions
Assessment*
2026
$6,143 (+21.2%)
2025
$5,068 (+6.0%)
2024
$4,782 (+48.2%)
2023
$3,227 (+14.5%)
2022
$2,818 (+0.9%)
2021
$2,792 (+5.6%)
2020
$2,645 (−40.6%)
2019
$4,454 (+8.0%)
2018
$4,123 (+31.1%)
2017
$3,145 (−10.6%)
2015
$3,516 (+85.9%)
2014
$1,891 (+18.1%)
2013
$1,601 (−44.4%)
2012
$2,877
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.