3149 Inverness Lane LnMound, MN 55364
$899,900
4 bedrooms · 4 bathrooms · 3,412 finished sq ft · 0.26 acre lot
About this home
Discover an exceptional opportunity to build a one-of-a-kind luxury home on coveted Phelps Island, where timeless craftsmanship meets the unmatched lifestyle of Lake Minnetonka. Perfectly positioned with beautiful views of Phelps Bay, this to-be-built custom residence by Norbrook Construction offers the rare freedom to create a home that is uniquely yours. Personalize the thoughtfully designed floor plan, modify the layout to fit your needs, select every finish, or bring your own custom plans to bring your vision to life. Designed with both everyday living and elegant entertaining in mind, the proposed home features 4 bedrooms, 3 bathrooms, and a 2 car attached garage, with the flexibility to add a 5th bedroom. The upper level hosts three spacious bedrooms, including a luxurious primary suite complete with spa-inspired private bath and oversized walk-in closet. Sun-filled open living spaces flow seamlessly throughout the main level, where a stunning gas fireplace creates a warm focal point and expansive windows frame picturesque views of Phelps Bay. Every inch of the home reflects Norbrook Construction's commitment to exceptional quality and attention to detail. Premium appliances, designer lighting, custom cabinetry, luxury flooring, beautiful countertops, and carefully curated finishes come together to create an elevated living experience that is both sophisticated and welcoming. Delivered turnkey, your home will be professionally landscaped and finished to the highest standards. Beyond the front door, embrace the coveted Lake Minnetonka lifestyle. Just steps from public beaches, parks, playgrounds, and neighborhood docks, you'll have easy access to everything that makes lakeside living so desirable. Secure your own dock slip and spend your days cruising the lake, enjoying waterfront restaurants, fishing, paddleboarding, or simply taking in spectacular sunsets over the water. This is more than a custom home-it's an opportunity to experience luxury living in one of Lake Minnetonka's most sought-after communities.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2026
- Bedrooms
- 4
- Bathrooms
- 4
- Finished sq ft
- 3,412
- Lot
- 0.26 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Sump Pump
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $2,210 a year
- Listed
- July 27, 2026
- MLS number
- 7116704
Listing courtesy of Edina Realty, Inc. (Butcher Real Estate Team). MLS #7116704.
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How it compares
3149 Inverness Lane Ln, Mound, MN 55364 is a newly built 4-bedroom single-family home, listed for $899,900 on July 27, 2026 by Edina Realty, Inc.. That is in the middle range of the 31 single-family homes for sale in Mound right now (median $449,900; $264 per square foot here against $236 for the group). That works out to $264 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Mound community guideSchools, commutes, parks, home values and local stories.
- Mound housing market, September 2026Homes sold for a median $416,400 over 12 months (+4.8%), 69 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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