2948 Pelican Point Circle

Mound MN 55364

3835 sq. ft.

0.15 ac.

Townhouse

Last sold for $1,725,000

Kathleen Murphy, last sold this property on 23 October 2026 after 146 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3835 sq. ft. floor area

0.15 ac. lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Mound over the last 12 months, the estimated median property value of 2948 Pelican Point Circle is $895k.

Median value

$895k

Estimated value range

$263.6k - $1.73m

Median days on market

Estimated value trend

143%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Mound. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2948 Pelican Point Circle

2026

Sold

$1,725,000

23 Oct 2026 by Kathleen Murphy, of Compass

1996

Sold

$9,999

31 Jul 1996 by David Truax, of Coldwell Banker Realty

Happy sellers in Mound

We have insufficient information to provide an overview of customer satisfaction for Mound. Viewing the agent profiles, reviews and sales for Mound can provide insights for this location.