This 0.37-acre vacant lot on Phelps Island offers a rare opportunity to build in one of the area’s most desirable locations, with public water and sewer available and no HOA. Nestled on a quiet dead-end road, the property overlooks wetlands and provides stunning seasonal views of Lake Minnetonka from a private, wooded bluff—ideal for a walkout home design with slope to the water and lake access. Located on a peaceful cul-de-sac, it’s close to bike trails, parks, shopping, and the award-winning Westonka Schools, with easy access to Excelsior, Wayzata, and all the area’s attractions. A perfect setting to create your dream home in a serene yet convenient lakeside location.