OFF MARKET

Off market oct 2022 for $1.2M

$1,631,228

Est. refi paymentEst. refi $8,468/mo

•

—

sq ft

5045 Shady Island Rd, Mound, MN 55364

About this home

Lake Minnetonka cottage with 70’ of south facing lakefront on upper lake. Open concept main level with hardwood floors, beamed ceilings and wall of glass opening to the large deck with panoramic views. Living room features stone fireplace and opens to the dining room and kitchen with stainless-steel appliances. Main-level bedroom with private bath. Large second-floor owner’s retreat with fireplace, large walk-in closet, and ensuite bath. Walk-out lower level includes an amusement room with wet bar, two additional bedrooms, bathroom, and walk-out to the patio and level lawn. Over-sized heated two-car garage with additional storage/shop space. Many recent updates including mechanicals and new cedar shake roof. Vacation in town on Shady Island with it’s quiet “up-at-the-lake” atmosphere. Award-winning Westonka Schools.

Single-familyProperty Type

1957Year Built

0.35 acresLot Size

2 car garageParking

Listed by Gregg Larsen • Coldwell Banker Realty

Redfin checked: 4 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6246107

Redfin Estimate

$1,631,228

$381K since sold in October 2022$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 72.7% higher than the average sale price ($945K) of 6 comparable homes.

SOLD JUN 30, 2026
$1,000,000
A
3 beds3 baths— sq ft
4540 Enchanted Pt, Mound, MN 55364
SOLD AUG 17, 2026
$930,000
B
4 beds3 baths— sq ft
27665 Island View Rd, Shorewood, MN 55331
SOLD JUN 12, 2026
$1,345,000
C
3 beds3 baths— sq ft
3710 Lee Rd, Minnetrista, MN 55364
SOLD SEP 4, 2026
$803,000
D
4 beds4 baths— sq ft
3001 Island View Dr, Mound, MN 55364
SOLD JUL 14, 2026
$1,270,000
E
3 beds3 baths— sq ft
4372 Channel Rd, Spring Park, MN 55384
SOLD SEP 23, 2026
$320,000
F
3 beds2 baths— sq ft
4528 Aberdeen Rd, Mound, MN 55364

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Earn from this home

Sell

$611,511

Est. take-home

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Refinance

Est. cash available

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Rent

$3,471/mo

Redfin rental estimate

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Market trends in 55364, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

0.1% MoM

Median sale price

$542K

$88K MoM

Avg. days on market

49d

9 days MoM

Recently sold homes

2 MoM

New listings for sale

$299,999
2 beds1 bath1,059 sq ft
3000 Devon Ln, Mound, MN 55364
OPEN TODAY, 11AM TO 1PM
$2,099,000
3 beds3 baths3,468 sq ft
2928 Pelican Point Cir, Mound, MN 55364
$199,900
2 beds1 bath892 sq ft
4397 Wilshire Blvd Unit E305, Mound, MN 55364
$170,000
2 beds1 bath978 sq ft
5440 Three Points Blvd #523, Mound, MN 55364
3D WALKTHROUGH
$449,900
4 beds3 baths2,368 sq ft
3067 Alexander Ln, Mound, MN 55364
$399,900
4 beds3 baths1,939 sq ft
2839 Westedge Blvd, Mound, MN 55364
$1,800,000
5 beds5 baths4,188 sq ft
4080 Dahl Rd, Mound, MN 55364
$279,900
2 beds2 baths1,199 sq ft
4605 Cumberland Rd, Mound, MN 55364
See all

Provided by Redfin

Sale history for 5045 Shady Island Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6246107

Oct 7, 2022

Sold

$1,250,000

Sep 2, 2022

Pending

—

Aug 11, 2022

Listed

$1,349,900

Aug 9, 2022

Coming Soon

$1,349,900

NORTHSTARMLS as Distributed by MLS Grid #4744908

Nov 7, 2016

Sold

$854,000

Oct 3, 2016

Pending

—

Sep 19, 2016

Contingent

—

Jul 28, 2016

Listed

$895,000

Public Records

Nov 6, 2008

Sold

$850,000

NORTHSTARMLS as Distributed by MLS Grid #3583406

Sep 30, 2008

Listing Removed

—

Aug 8, 2008

Listed

$899,999

Public Records

Feb 1, 1981

Sold

$94,000

Public Records

Jul 1, 1975

Sold

$43,540

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2026

$16,320 (+16.2%)

$871,900 + $555,200

$1,427,100

2025

$14,050 (+8.6%)

$720,800 + $550,700

$1,271,500

2024

$12,939 (+7.3%)

$720,800 + $505,000

$1,225,800

2023

$12,056 (+23.3%)

$702,000 + $504,000

$1,206,000

2022

$9,774 (+0.1%)

$435,000 + $422,000

$857,000

2021

$9,762 (+1.5%)

$435,000 + $413,000

$848,000

2020

$9,622 (+0.1%)

$395,000 + $391,000

$786,000

2019

$9,610 (−7.2%)

$395,000 + $388,000

$783,000

2018

$10,356 (+0.1%)

$395,000 + $418,000

$813,000

2017

$10,343 (+3.9%)

$392,000 + $404,000

$796,000

2015

$9,958 (+13.3%)

$392,000 + $358,000

$750,000

2014

$8,793 (−9.1%)

$310,000 + $338,000

$648,000

2013

$9,670 (−5.5%)

$370,000 + $349,000

$719,000

2012

$10,228

$430,000 + $351,000

$781,000

Tax history for 5045 Shady Island Rd

Year

Property tax

Land + Additions

Assessment*

2026

$16,320 (+16.2%)

$871,900 + $555,200

$1,427,100

2025

$14,050 (+8.6%)

$720,800 + $550,700

$1,271,500

2024

$12,939 (+7.3%)

$720,800 + $505,000

$1,225,800

2023

$12,056 (+23.3%)

$702,000 + $504,000

$1,206,000

2022

$9,774 (+0.1%)

$435,000 + $422,000

$857,000

2021

$9,762 (+1.5%)

$435,000 + $413,000

$848,000

2020

$9,622 (+0.1%)

$395,000 + $391,000

$786,000

2019

$9,610 (−7.2%)

$395,000 + $388,000

$783,000

2018

$10,356 (+0.1%)

$395,000 + $418,000

$813,000

2017

$10,343 (+3.9%)

$392,000 + $404,000

$796,000

2015

$9,958 (+13.3%)

$392,000 + $358,000

$750,000

2014

$8,793 (−9.1%)

$310,000 + $338,000

$648,000

2013

$9,670 (−5.5%)

$370,000 + $349,000

$719,000

2012

$10,228

$430,000 + $351,000

$781,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

30 ft.

Lot depth

43 ft.

Lot size

0.35 Acres

Year renovated

1990

Sq. Ft.

4,203

Year built

1957

Style

Single Family Residential

County

Hennepin County

APN

30 117 23 42 0013

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Garage Spaces: 2
Garage Dimensions: 26 x 20
Garage Sq. Ft.: 520

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
Description: 3/4 Basement,Full Primary,Private Primary,Main Floor 3/4 Bath,Separate Tub & Shower,Upper Level Full Bath

Room 1 Information
Room Dimensions: 8 x 10
Room Level: Lower

Room 2 Information
Room Type: Dining Room
Room Dimensions: 12 x 8
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Dimensions: 33 x 12
Room Level: Lower

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 28 x 12
Room Level: Upper

Room 5 Information
Room Type: Bedroom 4
Room Dimensions: 11 x 10
Room Level: Lower

Room 6 Information
Room Type: Kitchen
Room Dimensions: 11 x 10
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Dimensions: 20 x 22
Room Level: Main

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 12 x 16
Room Level: Main

Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 9 x 16
Room Level: Lower

Room 10 Information
Room Type: Workshop
Room Dimensions: 31 x 10
Room Level: Main

Basement Information
Has Basement
Basement Features: Finished, Full, Walkout

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Other Rooms Information
Main Floor Bedroom

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Gas, Living Room, Primary Bedroom

Heating & Cooling
Heating Information: Baseboard, Forced Air, Hot Water
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bar/Wet Bar Room, Work Room
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Fiber Cement
Foundation Area: 1,000
Roof: Asphalt

Pool Information
Pool Features: None

Waterfront Information
On Waterfront
Waterfront Features: Lake Front, Lake View
Water Body Name: Minnetonka
Waterfront Num: 27013300
Lake Acres: 14,729
Lake Bottom: Hard,Sand
Lake Classification: General Development
Lake Depth: 113
Waterfront Feet: 70
Road Between Waterfront And Home Y/N: No

Property Information
Total Sq. Ft.: 2,770
Above Ground Total Sq. Ft.: 1,770
Below Ground Total Sq. Ft.: 1,000
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,770
Below Grade Finished Area: 975
Amenities: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Lot Information
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Dimensions: 70x220

Financial

Tax Information
Tax Annual Amount: $9,773
Tax Year: 2022
Tax With Assessments: $9,773.72

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Well
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: Westonka
School District Number: 277
School District Phone: 952-491-8001

Location Information
Directions: Co Rd 15 to Interlachen, and south to Tuxedo to Enchanted Ln to Shady Island Road
Map Coordinate: 117-B3

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 4,203
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1990
County: Hennepin County
APN: 30 117 23 42 0013

Home facts updated by county records on Oct 16, 2026

Other

Home Information
Living Area: 2745
Main Level Finished Area: 1000.0000
Age Of Property: 66
Levels: Modified Two Story

Around this home

Schools

Shirley Hills Primary School

Public K-4 • Assigned • 1.8mi

9/10

Grandview Middle School

Public 5-7 • Assigned • 2.8mi

10/10

Mound-Westonka High School

Public 8-12 • Assigned • 3.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Mound, MN • 55364

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.55M – $1.88M

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Home values near 5045 Shady Island Rd

Data from public records.

Address	Redfin Estimate
5140 Shady Island Circle, Mound, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$2,692,449
4925 Shady Island Road, Mound, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$1,744,259

Address	Redfin Estimate
5100 Shady Island Trail, Mound, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$1,624,497
5200 Shady Island Circle, Mound, MN 6 Beds \| 6 Baths \| - Sq. Ft.	$2,736,776

Address	Redfin Estimate
5120 Shady Island Trail, Mound, MN 5 Beds \| 4.5 Baths \| 4038 Sq. Ft.	$1,545,487
4940 Shady Island Road, Mound, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,197,231

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55364, MN

Sale history for 5045 Shady Island Rd

Tax history for 5045 Shady Island Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55364

Home values near 5045 Shady Island Rd

More real estate resources