OPEN HOUSE Sun, Oct 18 2026 02:00 PM - 04:00 PM
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OPEN HOUSE Sun, Oct 18 2026 02:00 PM - 04:00 PM

$850,000

3 Beds 2 / 2 Full / Half Baths 2,266 SQFT 0.03 Acres
Type: Townhouse

5490 Lost Lake Lane
Mound, MN 55364

MLS#: 7116654
Michael Forrest
Michael Forrest
The Real Estate Advantage
Agent
Phone: 952.210.6951
Office: 952.226.7700
Presented by: Coldwell Banker Realty

Property Description

 

Enjoy the convenience of easy living with this gorgeous Villas on Lost Lake corner townhouse while also being gifted with a 30-foot dock slip on Lake Minnetonka! The generously sized living room offers ample space for seating while enjoying a stone surround gas fireplace and walkout access to your private deck with views of the charming neighborhood pool. The bright and sunny open kitchen includes granite countertops, a high-top breakfast bar seating area, a wall of windows, stainless steel appliances, a corner informal dining room with new custom built-in shelving, and one of the more impressive main level powder rooms you’ll see! The oversized upper-level primary suite has a walk-in closet, a small corner nook you can use for lounging or office space, a separate tub and shower in primary bathroom and double sinks. A 2nd upper-level bedroom with full bathroom compliments the upper level. The lower level includes a 3rd non-conforming bedroom that can also be used as an office or den, which includes walkout access to the back patio and has a private powder room. Additional features include a sought-after elevator that travels to all three levels, an upper-level laundry room, new HVAC system and water heater installed in July of 2026. The community pool is very well maintained and includes a BBQ grille area, seating, private restroom and a hot tub. Close access to Downtown Mound, Dakota Trail, lake accessibility and easy walkability to Caribou Coffee and Speedway.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

1/4 Baths0
3/4 Baths1
Bath Desc1/2 Basement, Double Sink, Bathroom Ensuite, Full Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level 3/4 Bath, Jetted Tub
Half Baths2
Total Baths4

Other Interior Features

Above Grade Finished Area2,266 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
Fireplace FeaturesGas, Living Room, Stone
Fireplace Y/NYes
FuelNatural Gas
Garage Dimensions20x19
Garage Square Feet380
Laundry FeaturesIn Hall, Laundry Closet, Upper Level
Total Fireplaces1

Other Rooms

Dining Room DescriptionBreakfast Bar, Breakfast Area, Eat In Kitchen, Informal Dining Room, Living/Dining Room

General

AccessibilityAccessible Elevator Installed
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Boat Slip, Tile Floors, Walk-In Closet
AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
Assoc Fee Paid PerMonthly
Association AmenitiesDock, Hot Tub
Association Fee IncludesLawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal
Association NameSharper Management
CityMound
ContingencyNone
CoolingCentral Air
CountyHennepin
Directions394W turns into County Road 15W (Shoreline Drive), turn left on Lost Lake Court, then the first right onto Lost Lake Lane, to the back corner unit right by the pool.
ElectricCircuit Breakers, 200+ Amp Service
Full Baths1
Garage Spaces2
HOAYes
HOA Fee$704
HeatingForced Air
High School DistrictWestonka
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area2,266 sqft
Lot Size UnitsAcres
New ConstructionNo
Other StructuresHot Tub
Pool FeaturesBelow Ground, Heated, Outdoor, Shared
PostalCityMound
Property Attached Y/NYes
Property Subtype(TH) Side x Side
Property TypeResidential
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameVillas On Lost Lake
Tax Annual Amount$9,181
Tax Year2026
Waterfront FeaturesDock
Year Built2006
Zoning DescriptionResidential-Single Family

Exterior

Building Area Total2,646 sqft
Foundation Area882 sqft
Lot DimensionsNW 21x66
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Asphalt, Garage Door Opener, Insulated Garage
Road Frontage TypeCity Street
Road ResponsibilityAssociation Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$850,000

3 Beds 2 / 2 Full / Half Baths 2,266 SQFT 0.03 Acres
Type: Townhouse

5490 Lost Lake Lane
Mound, MN 55364

MLS#: 7116654
Michael Forrest
Michael Forrest
The Real Estate Advantage
Agent
Phone: 952.210.6951
Office: 952.226.7700