51XX Waterbury RoadMound, MN 55364
$1.395 million
4 bedrooms · 3 bathrooms · 3,560 finished sq ft
About this home
Build your dream home on a rare, PRIVATE ¾-ACRE WOODED SITE with panoramic water and woods views, including long views of Phelps Bay on LAKE MINNETONKA. Set high on a peninsula at the end of a no-outlet road, this property offers an acreage feel with mature maple and oak trees, seasonal color, beautiful sunrises and abundant wildlife. Enjoy 160 feet of shoreline on a scenic pond with a permitted dock and limited Lake Minnetonka access through a small channel. The shallow pond accommodates small craft such as kayaks and canoes. Introducing THE LAKEVIEW DESIGN, a bold, modern, open-concept walk-out rambler with customizable main-level living designed to capture this exceptional setting. A home featuring this design is under construction in Hanover on the Crow River; schedule a builder appointment to preview it. See attached construction photos. Home packages there start at $980k. Inside, timeless craftsmanship blends enameled and natural woodwork, tile, stone, custom cabinetry and millwork, wide-plank floors and quality finishes. High ceilings, soaring vaults and walls of windows frame the views. An office or guest bedroom with a 3/4 bath sits near the entry. The light-filled great room features a wood-and-beam ceiling, trapezoid windows and a stone fireplace with built-ins. The gourmet kitchen offers a large center island, granite countertops, SS appliances and a walk-in pantry. The dining area opens to a deck with stairs to the lower-level patio. The vaulted primary suite offers private views and a spa-like bath with tile, a heated floor, walk-in shower, 6FT jetted tub and dual vanity. A spacious walk-in closet connects to a walk-through laundry room. The LL features 9-foot ceilings, a recreation room with fireplace, big-screen TV wall, pool and game table areas, full wet bar and patio access. Two additional bedrooms, a ¾ bath with sauna, a connecting flex/exercise room, mechanical room and separate storage complete the lower level. A landscape package is included. Prefer another style? Choose our traditional Birchwood Design with similar SF and price point (see attached photos), a cottage or contemporary plan, or partner with us on a custom design suited to your lifestyle and budget. Work with our designer to personalize finishes and colors. Custom Living Homes LLC brings over 40 years of custom home-building experience. Convenient to Excelsior, Wayzata, lakes, parks and shopping, the site is in the award-winning Westonka School District, with all utilities available. Schedule a builder appointment to walk the lot, enjoy the views and finalize your design and budget. Final home-package pricing depends on the design and options selected. Please note: Contact the builder for details. The existing home next door at 5123 Waterbury Rd. is to be removed. Do not walk the property without the builder present or turn around in neighbors’ driveways. Use the designated turn-around area. Thank you!
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2026
- Bedrooms
- 4
- Bathrooms
- 3
- Finished sq ft
- 3,560
- Garage
- 3 stalls
- Basement
- Walk-Out Access, Block, Finished, Other, Storage Space, Sump Pump
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $2,171 a year
- Listed
- November 3, 2026
- MLS number
- 7168034
Listing courtesy of Home Avenue Flat Fee Realty (Gregory W Lawrence). MLS #7168034.
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How it compares
51XX Waterbury Road, Mound, MN 55364 is a newly built 4-bedroom single-family home, listed for $1.395 million on November 3, 2026 by Home Avenue Flat Fee Realty. That is in the upper quarter of the 31 single-family homes for sale in Mound right now (median $449,900; $392 per square foot here against $236 for the group). That works out to $392 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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