Welcome home to island living! Recent mech. updates, amazing entertaining space, and tons of room for storage will make this a great property. Situated on 1/3+ acre on Phelps Island, this property has updates and welcoming spaces everywhere. From the awesome wood stove in the living room, to the spacious dining room, and the kitchen with fresh paint and new stainless steel appliances in 2020, this home flows beautifully. Basement has all kinds of room for home gym, more living space, home office, or storage. Don't miss the one of a kind backyard! Storage shed, large patio, firepit, privacy, it has it all! Fantastic location to take in the parks and lakes. Enjoy a quick walk to Sherven park to launch kayaks and paddleboards. Join the Mound City Dock Program to enjoy access to Lake Minnetonka Boat slips! Easy access to the Dakota Trail where you can bike to Wayzata, Waconia, or connect to the Luce Line Trail! 2017- New AC, 2018-New Water Softener, 2019-New Furnace, 2020, New SS appliance