Rare Lake Minnetonka Access at an Affordable Price – 5065 Windsor Rd, Mound, MN Discover an incredible opportunity to enjoy Lake Minnetonka living without the premium waterfront price tag. This beautiful 3-bedroom, 3-bath home is nestled on a quiet backwater of Lake Minnetonka, offering direct water access in a serene and private setting with amazing water views. Step outside and launch your boat right from your own property. Although the backwater is shallow and best suited low draft vessels (pontoon, fishing), it provides seamless connection to the vast open waters of Lake Minnetonka. This means you can enjoy boating, fishing, cruising, and all the recreational adventures the lake has to offer — all at a fraction of the cost of traditional lakefront homes. It’s a unique chance to own a piece of Minnesota’s most desirable lake lifestyle without the high price. Inside, this thoughtfully designed home offers comfortable living space with a walk-out lower level perfect for relaxing or entertaining. The owners have completed numerous major upgrades, including a new water heater, new water softener, new furnace, new oven, new microwave, new dishwasher, and new carpet. The roof was replaced in 2019 as well. With these significant capital improvements already done, you can move in and start enjoying the home right away with peace of mind. The location is equally impressive. The property is walkable to nearby parks and recreational areas, and just a short stroll from the iconic Al & Alma’s Supper Club — Lake Minnetonka’s longest-operating restaurant, famous for its hand-cut steaks, camp-style walleye, BBQ ribs, and scenic dinner cruises. Situated in a quiet setting, this home provides the perfect blend of peaceful lakeside living and convenient access to local amenities. Mound also has an amazing city dock program that can be taken advantage of as well if a larger boat is desired. Whether you’re seeking a weekend getaway, a primary residence with genuine lake vibes, or a smart investment in the Mound area, this property delivers outstanding value. Don’t miss your chance to experience the best of Lake Minnetonka living at a truly attainable price. Schedule your private showing today!
Single-familyProperty Type
1998Year Built
0.37 acresLot Size
2 car garageParking
Listed by Eric Hermanson• Engel & Volkers Lake Minnetonka
Est. $3,147 per month, based on comparable rentals
Sale and tax history for 5065 Windsor Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7051833
May 18, 2026
Sold
$659,900
May 12, 2026
Pending
—
Apr 8, 2026
Listed
$649,900
NORTHSTARMLS as Distributed by MLS Grid #5216249
Jun 7, 2019
Sold
$448,000
May 13, 2019
Pending
—
Apr 27, 2019
Listing Removed
—
Apr 18, 2019
Listed
$449,900
+29
Lake Minnetonka Views! Gorgeous 3 Bedroom 3 Bathroom walk-out 2 Story located on quiet cul-de-sac. The private serene setting backs up to wetlands that connects to Phelps Bay. Lake shore feel without the high taxes. Open floor plan great for entertaining. Updates include new paint, refinished hardwood floors, SS appliances, Granite counter tops.