2948 Pelican Point Circle Mound, MN $ 1,950,000
2948 Pelican Point Circle
$ 1,950,000
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2948 Pelican Point Circle

Mound, MN, 55364
$ 1,950,000
Bedrooms3 Baths2.1 Sq 3,357

Monthly Estimate*

$ 13,468

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View a Virtual Tour

Townhouse for sale in Mound, MN

for $1,950,000 with 3 bedrooms and 2 full baths, 1 half bath. This 3,357 square foot townhouse was built in 1996 on a lot size of 0.15.

Welcome to Pelican Point, where luxury lake living feels like a year-round retreat. Perfectly positioned on Spring Park Bay of Lake Minnetonka, this beautifully maintained townhome offers an exceptional blend of comfort, style, and effortless living in one of the area’s most sought-after communities. Designed for easy main-level living, the light-filled interior features soaring vaulted ceilings, expansive walls of windows, and sweeping southern views across the water. The spacious open floor plan is ideal for both everyday living and entertaining, centered around a stunning island kitchen with informal dining space, beautiful finishes, and timeless design. The main-level primary suite is a true sanctuary with serene lake views and a generous ensuite bath. A library and convenient laundry room complete the main floor. The walkout lower level offers the perfect gathering space with a large family room, cozy fireplace, wet bar, and direct access to the lakeside patio with water feature. Two additional bedrooms are great for guests or family. Enjoy maintenance-free living with exceptional shared amenities including a boathouse, picnic area, golf cart paths, beautifully manicured grounds, and optional social activities that create a welcoming neighborhood atmosphere. A highly coveted canopied boat slip is available through the association for an annual fee, making it easy to enjoy boating and the Lake Minnetonka lifestyle at a moment’s notice.

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Townhouse Pending

Price

$ 1,950,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Townhouse

Taxes

$ 23,048

Style

(TH) Side x Side

Lot Size

0.15

Year Built

1996

Town/City

Mound

County/Region

Hennepin

MLS | Web ID

7033174

Features
General
Living Area 3357
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years Asphalt Pitched
Appliances Cooktop Dishwasher Disposal Dryer Exhaust Fan Gas Water Heater Water Filtration System Microwave Range Refrigerator Wall Oven Washer Water Softener Owned
HOA Fee 3232.25
Garage Spaces 2
Association Fee Includes Beach Access Building Exterior Hazard Insurance Lawn Care Maintenance Grounds Professional Mgmt Shared Amenities Snow Removal
Pool Features None
Year Built 1996
Electric Circuit Breakers
View Panoramic
Levels One
Property Subtype (TH) Side x Side
Tax Year 2026
Waterfront Features Association Access Lake Front Lake View Shared
Accessibility None
Assoc Fee Paid Per Quarterly
County Hennepin
New Construction N
Property Type Residential
Association Amenities Beach Dock Other
HOA Y
Contingency None
Subdivision Name Pelican Point
Full Baths 2
Directions Shoreline Drive to Interlachen Road Interlachen Road to Tuxedo Blvd Tuxedo Blvd to Pelican Point Circle
City Mound
Association Name Multiventure Properties
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 23048
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n-v9jz83
Standard Status Pending
Lender Owned No
Amenities Unit Deck Hardwood Floors Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Patio Panoramic View Security System In-Ground Sprinkler Tile Floors Vaulted Ceilin
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Interior
Basement Daylight/Lookout Windows Finished Full Walkout
Total Fireplaces 2
Fireplace Features Family Room Gas Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1976
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Electric Dryer Hookup Laundry Closet Laundry Room Main Level Sink Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 1381
Total Baths 3
Bath Desc Full Primary Full Basement Private Primary Main Floor 1/2 Bath Main Floor Full Bath Walk-In Shower Stall
Dining Room Description Breakfast Bar Eat In Kitchen Living/Dining Room
Fuel Natural Gas
Garage Square Feet 407
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Exterior
Parking Features Attached Garage Covered Asphalt Finished Garage Garage Door Opener Insulated Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.15
Building Area Total 3835
Lot Dimensions W42X131X59X126
Waterfront Y/N Y
Foundation Area 1976
Road Frontage Type Paved Streets Private Road Street Lights Storm Sewer
Road Responsibility Association Maintained Road
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Internal Only
Street Number 1 2948
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* Excluded Features
List By
Compass

Broker

kathymurphy@compass.com

Email

Affordability Calculator

$15,389
Per Month
88%
12%
0%
Monthly Principal & Interest
$13,468
Monthly Property Taxes
$1,921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709321 Elementary School
708520 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$1,950,000 -7.14% Price Down
6/16/2026$2,100,000 -8.70% Price Down
5/27/2026$2,300,000 Listed Price

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2948 Pelican Point Circle, Mound, MN, 55364 is a Townhouse for sale at $1,950,000 with 3,357 sqft and a lot size of 0.15. 2948 Pelican Point Circle has 3 bedrooms, 2.1 baths, and was built in 1996. The property's zip code is 55364 which is in Mound, MN