Does this property have an HOA?

Yes. The HOA fee is $3,232.25 per month.

What are the annual property taxes?

Annual property taxes are $23,048 (2026).

What school district is this property in?

This property is in the 277 - Westonka school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property was listed for 109 days.

Pending

$1,950,000

$581/sqft

Pelican Point

2948 Pelican Point Circle, Mound, MN, 55364

3 Bedrooms3 Bathrooms3,357 Square Feet0.15 Acres

Days on market109

Year built1996

Garage spaces2

HOA / month$3,232.25

TypeResidential

Est. $55,500buyer credit when you buy with SODL

About this home

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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Home facts

Property typeResidential

Property subtype(TH) Side x Side

Year built1996

LevelsOne

Living area3,357 sqft

Above-grade finished1,976 sqft

Below-grade finished1,381 sqft

Lot size0.15 acres (W42X131X59X126)

Days on market109

ListedMay 27, 2026

MLS #NST7033174

CountyHennepin

SubdivisionPelican Point

Parcel #1911723420035

Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Bath breakdown: 2 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned

Property

Levels / stories: One
Garage: 2 spaces · 407 sqft
Parking features: Attached Garage, Covered, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage
Patio & porch: Composite Decking, Patio
Exterior features: Cement Board
Pool: None

Construction

Property type: Residential
Property subtype: (TH) Side x Side
Foundation: Poured Concrete · 1,976 sqft
Roof: Age Over 8 Years, Asphalt, Pitched
Year built: 1996

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Pelican Point
HOA: $3,232.25/quarter
HOA name: Multiventure Properties
HOA phone: 9529209388
HOA includes: Beach Access, Building Exterior, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Shared Amenities, Snow Removal
HOA amenities: Beach, Dock, Other

Financial & listing details

Annual tax: $23,048 (2026)
Listed: May 27, 2026
Days on market: 109
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths2

3/4 baths0

Half baths1

1/4 baths0

BasementDaylight/Lookout Windows, Finished, Full, Walkout

HeatingForced Air

CoolingCentral Air

Fireplaces2

LaundryElectric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Sink, Washer Hookup

AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned

DiningBreakfast Bar, Eat In Kitchen, Living/Dining Room

AmenitiesDeck, 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 Ceiling(s), Washer/Dryer Hookup, Wet Bar

AccessibilityNone

Special featuresAll Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorCement Board

RoofAge Over 8 Years, Asphalt, Pitched

FoundationPoured Concrete

Foundation area1,976 sqft

Patio/porchComposite Decking, Patio

Lot featuresTree Coverage - Medium

Road frontagePaved Streets, Private Road, Street Lights, Storm Sewer

Road responsibilityAssociation Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Covered, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage

Garage spaces2

Garage size407 sqft

Financial details

Annual taxes$23,048

Tax year2026

Taxes w/ assessments23048

Assessment pendingNo

HOA fee$3,232.25

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District277 - Westonka

District number277

District phone9524918001

High schoolWestonka

SODL flat fee brokerage

$55,500Estimated buyer credit

SODL platform fee $3,000Your buyer credit $55,500

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$16,051/mo

Principal & interest$10,248

Property taxes$1,921

Home insurance (est.)$650

HOA fees$3,232

Down payment

$390,000

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.