BEST LOTS AVAILABLE AROUND LAKE MINNETONKA! BEAUTIFUL WOODED WALK-OUT LOTS WITH SEASONAL LAKE MINNETONKA VIEWS available now to build your dream home! LOT WITH HOME PACKAGES STARTING AT $749K. Ask the builder about cost saving options and new .35 acre W/O Crow River lots available for $195K as well! Nestled near the lake, they are private, wooded, southern exposure W/O lots on a quiet, no outlet road overlooking nature area with beautiful seasonal views of Lake Minnetonka! A peaceful natural setting with an abundance of mature maple and oak trees for lush privacy in the summer, blazing colors in the fall and serene winter landscapes. The lots sit up high above scenic nature area which assures privacy as no one can build behind you! This building site-5123 Waterbury (Lot B) is a natural walk-out. Select one of our beautiful, well designed home plans from traditional to cottage style or contemporary that can be customized or we can partner with you to design your dream home that fits perfectly to your wants, life style and budget! As an example this building site can accommodate a two story or rambler home plan with a three car garage. Our modern farmhouse open concept 2-story design offers comfortable family living with all the desired amenities and with a finished walk-out lower level provides 3,181 SF of quality, design and function. The Modern Farmhouse plan on this lot, has a base price of $749K. Ask builder for more details. Select the finishes and colors to make the home truly yours! The building sites are a blank canvas with endless possibilities! Experience the quality and expertise of building with Custom Living Homes, LLC with over 40 yrs of experience in custom home building with the latest in design trends, energy and technology with the highest quality craftsmanship and attention to details from start to finish! Why settle for an outdated home design and decor with lingering projects when you can have a new custom built home with all the amenities, finishes and colors to your liking! IF YOU PREFER, YOU CAN BRING YOUR OWN BUILDER. Enjoy the lake area life style living at its best! Close to the bike trails, parks and shopping along with the award winning Westonka Schools! Convenient to Excelsior, Wayzata and all the area attractions! The homes will compliment each other and be designed to fit in with the wooded, natural and private setting. Utilize one of the nearby boat launches or lease a boat slip at one of the nearby marinas and you will be on Lake Minnetonka in a matter of minutes. Make an appointment with the builder now to walk the lots to see the beautiful building sites. The builder will explain the building process and the different home style options etc., and answer any of your questions. Secure a building site now and do design and budget work for starting your new home project. The building sites are ready for permitting and all utilities are in. Price includes removal of the existing home when building with Custom Living Homes, LLC, otherwise the lot price is AS IS with the existing home. Please do not walk the property without the builder or turn around in the neighbor's driveways. Please use the turn-around area next to the info. box. Thank you!
Vacant landProperty Type
0.26 acresLot Size
$730,385Price/Acres
Listed by Gregory Lawrence• Home Avenue Flat Fee Realty
Directions: County Road #15/Shoreline Drive W. to Wilshire Blvd., S. to Tuxedo Blvd., to Waterbury Rd.
Map Coordinate: 117-A2
Topography: High Ground,Sloped,Walkout,Wooded
Community Information
Development Amenity Type: No
Public facts
Beds: 1
Baths: 1.0
Finished Sq. Ft.: 672
Unfinished Sq. Ft.: —
Total Sq. Ft.: 672
Stories: 1.0
Lot Size: 1.03 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1950
County: Hennepin County
APN: 25 117 24 12 0134
Home facts updated by county records on Aug 17, 2026
Other
Documents & Disclosures
Restrictions: Open
Home Information
Living Area Units: Square Feet
Sale and tax history for 5123 Waterbury Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #6778446
Aug 29, 2026
Listing Removed
—
Apr 17, 2026
Price Changed
$849,000
Aug 29, 2025
Listed
$879,000
NORTHSTARMLS as Distributed by MLS Grid #7020469
Apr 16, 2026
Price Changed
$189,900
Mar 27, 2026
Price Changed
$199,900
Feb 12, 2026
Listed
$219,900
NORTHSTARMLS as Distributed by MLS Grid #6659095
Feb 8, 2026
Listing Removed
—
Oct 9, 2025
Price Changed
$229,500
Sep 9, 2025
Price Changed
$249,500
Aug 7, 2025
Price Changed
$259,500
Mar 14, 2025
Price Changed
$279,500
Feb 7, 2025
Listed
$295,000
NORTHSTARMLS as Distributed by MLS Grid #6620151
Aug 13, 2025
Listing Removed
—
Apr 23, 2025
Price Changed
$1,169,500
Mar 14, 2025
Price Changed
$1,234,000
Feb 6, 2025
Price Changed
$1,249,500
Nov 1, 2024
Listed
$1,420,000
NORTHSTARMLS as Distributed by MLS Grid #6427113
Nov 27, 2023
Sold
$335,000
Oct 27, 2023
Pending
—
Oct 23, 2023
Price Changed
$349,999
Sep 12, 2023
Price Changed
$374,099
Aug 31, 2023
Listed
$399,999
NORTHSTARMLS as Distributed by MLS Grid #6427142
Oct 27, 2023
Listing Removed
—
Oct 16, 2023
Price Changed
$349,999
Sep 13, 2023
Price Changed
$374,999
Aug 31, 2023
Listed
$399,999
Public Records
Aug 1, 1976
Sold
$22,000
Year
Property tax
Land + Additions
Assessment*
2026
$3,224 (−2.0%)
$266,500 + $20,000
$286,500
2025
$3,289 (+51.5%)
$279,500 + $20,000
$299,500
2024
$2,171 (+13.8%)
2023
$1,908 (+29.4%)
2022
$1,474 (−6.8%)
2021
$1,582 (+6.7%)
2020
$1,483 (−1.0%)
2019
$1,498 (−0.9%)
2018
$1,512 (−1.9%)
2017
$1,541 (−4.4%)
2015
$1,611 (+11.6%)
2014
$1,443 (+1.6%)
2013
$1,421 (+1.3%)
2012
$1,402
Public record
Beds
1
Baths
1
Stories
1
Lot width
280 ft.
Lot depth
80 ft.
Lot size
1.03 Acres
Year renovated
1950
Finished Sq. Ft.
672
Unfinished Sq. Ft.
—
Total Sq. Ft.
672
Year built
1930
Style
Single Family Residential
County
Hennepin County
APN
25 117 24 12 0134
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
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)
22
6
29
13
47
28
56
38
69
50
77
61
83
66
79
64
77
59
64
47
44
32
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 25% for direct sun exposure in Mound. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5123 Waterbury Rd
$179,829
$10K under list price of $190K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $267K to $1.1M.