Prime Phelps Island location in the heart of Mound, set within a mature, tree-lined neighborhood just moments from Lake Minnetonka, nearby parks, and local dining. This charming 3-bedroom, 1-bathroom home perfectly blends everyday convenience with relaxed lakeside living. Inside, enjoy a light-filled interior with sleek, modern updates throughout. The kitchen features crisp white cabinetry, stylish tile flooring, and a bright, connected dining space with a statement light fixture. Fresh paint, updated lighting, and new cabinet hardware (March 2026) enhance the home’s clean, contemporary feel. The inviting living room offers a cohesive flow with continuous tile flooring, abundant natural light, and peaceful, tree-lined views. A built-in window seat adds charm and functionality, ideal for a cozy reading nook. The main-level bedroom includes plush carpeting, ample closet space, and multiple windows, while the nearby full bathroom features tile flooring, a tiled tub/shower surround, and convenient storage. Upstairs, a spacious and versatile upper level creates the perfect retreat with soft carpeting, closet space, and a newly installed baseboard heater with built-in thermostat (2026). The lower level adds an additional bedroom, laundry area with utility sink, and walk-out access to the attached garage for easy year-round convenience. Enjoy exceptional outdoor living with mature trees, a welcoming front walkway, and multiple outdoor spaces, including a patio with fire pit and a spacious side deck, perfect for relaxing or entertaining. Additional updates include new carpet throughout (2024), new roof, decking, and siding (2025), and a new high-efficiency water heater and piping (2025).