5490 Lost Lake Lane, Mound, MN 55364 (MLS# 7116654)

5490 Lost Lake Lane, Mound, MN 55364

New Listing
$850,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,646 Lot Size (sq. ft.): 1,307 Status: Active
Current Price: $850,000 List Date: 9/28/2026 Last Modified: 10/03/2026

Overview

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 o ...

Listing Details MLS# 7116654

General Property Information

Assoc Mgmt Co. Phone #
952-224-4777
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Sharper Management
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Road Btwn WF & Home?
Yes
Waterfront YN
No
Year Built
2006
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
2
Main Floor Total SqFt
882
Above Grd Total SqFt
2646
Total SqFt
2646
Total Finished Sqft
2266.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(TH) Side x Side
Foundation Size
882
Power Company
Xcel Energy
Association Fee
704
Garage Stalls
2
Lot Dimensions
NW 21x66
Acres
0.03
Assessment Pending
No

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Dock; Hot Tub Amenities Unit: Boat Slip; Ceiling Fan(s); Deck; Dock; Hardwood Floors; Kitchen Center Island; Kitchen Window; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Wine Cooler Association Fee Includes: Lawn Care; Outside Maintenance; Professional Mgmt; Recreation Facility; Sanitation; Shared Amenities; Snow Removal Assumable Loan: Not Assumable Basement: None Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Full Primary; 1/2 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Breakfast Bar; Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Brick/Stone; Cement Board Fireplace Characteristics: Gas Burning; Living Room; Stone Foundation: Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Hall; Laundry Closet; Upper Level Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Outbuildings: Hot Tub Parking Characteristics: Garage Door Opener; Insulated Garage Pool Description: Below Ground; Heated; Shared Road Frontage: City Street Road Responsibility: Association Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry Stories: More Than 2 Stories Townhouse Characteristics: End Unit Water: City Water/Connected Waterfront Type: Dock

Contract Information

Contingency
None
Original List Price
850000
ListPrice
850000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5490
Street Name
Lost Lake
Street Suffix
Lane
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
Villas On Lost Lake

Assessments

Tax With Assessments
9181

Building Information

Finished SqFt Above Ground
2266

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20x19
Garage Square Feet
380

Public Survey Info

Range#
24
Section#
13
Township#
117

Room Information

Room Name Dimensions Level
Deck 7x11 Main
Dining Room 9x12 Main
First (1st) Bedroom 15x13 Upper
Informal Dining Room 7x11 Main
Kitchen 12x15 Main
Living Room 16x12 Main
Second (2nd) Bedroom 13x11 Upper
Sitting Room 8x7 Upper
Third (3rd) Bedroom 13x10 Lower
IDX
Listing Office: Coldwell Banker Realty
Last Updated: October - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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