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$850,000

  • 3 beds
  • 4 baths
  • 2,266 sqft

5490 Lost Lake Lane, Mound, MN 55364

For sale Est. —/mo

  • Townhouse · Side x Side
  • Built in 2006
  • 0.03 acres lot
  • $375/sqft
  • $704/mo HOA
  • 2-car garage

Overview

25 days on market MLS # 7116654

Open houses

  • Saturday, Oct 24 10 am–1 pm Open house

Times are Central.

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.

Facts & features

Interior

  • Bedrooms: 3
  • Bathrooms: 4 (1 full, 1 three-quarter, 2 half)
  • Finished sqft: 2,266
  • Above grade sqft: 2,266
  • Basement: None
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Laundry: In Hall, Laundry Closet, Upper Level
  • Fireplaces: 1 (Gas, Living Room, Stone)

Property

  • Parking: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage spaces: 2
  • Lot size: 0.03 acres
  • Lot dimensions: NW 21x66
  • Lot features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
  • Exterior features: Stone, Cement Board
  • Pool: Below Ground, Heated, Outdoor, Shared
  • Waterfront: Dock
  • Other structures: Hot Tub

Construction

  • Home type: Townhouse (Side x Side)
  • Levels: More Than 2 Stories
  • Year built: 2006
  • Roof: Age Over 8 Years, Asphalt

Utilities

  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Community & HOA

  • Subdivision: Villas On Lost Lake
  • HOA fee: $704/mo
  • HOA includes: Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal
  • Amenities: Dock, Hot Tub

Taxes & location

  • Annual taxes: $9,181 (2026)
  • County: Hennepin
  • School district: Westonka

Listing

  • Status: For sale
  • Listed: Sep 25, 2026
  • Days on market: 25
  • MLS #: 7116654

Monthly payment

—/mo

    An example, not a loan offer. Taxes and HOA dues come from the listing when known; home insurance is a rough estimate. Mortgage insurance is not included. Your rate depends on your lender and credit.

    Location

    Nearby homes

    Listing courtesy of Coldwell Banker Realty

    The data relating to real estate for sale comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

    Listing information last updated October 19, 2026.