5492 Lost Lake Lane, Mound, MN 55364 (MLS# 7073537)

5492 Lost Lake Lane, Mound, MN 55364

$649,999

Welcome to 5492 Lost Lake Lane! Property includes Dock #27 prepaid for the year.

Virtual Tour

https://listings.squarefeetfloorplans.com/sites/rnqnzyyl/unbranded

Charming townhomes surround a serene courtyard pool, creating a cozy and inviting community oasis.

Peaceful waterfront garden with blooming trees and a pergola overlooking a quiet marina.

Boats rest along quiet marina docks with waterfront residences in the background under a bright blue sky.

A wooden dock leads through a gated entrance to calm marina slips beneath a bright, cloud-dotted sky.

Warm wood cabinetry and granite countertops highlight this bright, modern kitchen with stainless steel appliances and pendant lighting.

A stylish kitchen featuring rich wood cabinetry, stainless steel appliances, and sleek granite countertops bathed in natural light.

An elegant dining area with rich navy walls, warm wood trim, and a statement chandelier opening to a cozy living space and balcony view.

A cozy living room with stone fireplace, and sunlit balcony views creates the perfect place to relax and unwind.

A welcoming entryway with warm wood doors, slate tile flooring, and rustic console accents sets a stylish first impression.

A stylish powder room featuring a pedestal sink, round mirror, and warm earth-toned walls with slate tile flooring.

A bright and inviting home office with large windows, neutral tones, and a clean, modern workspace setup.

A sunny private balcony offers a perfect spot to relax and enjoy neighborhood views.

A serene primary bedroom retreat featuring soft neutral tones, a cozy fireplace, and warm wood accents.

A spacious bathroom featuring a soaking tub, tiled walk-in shower, and warm wood cabinetry for a spa-like feel.

A bright and airy 2nd bedroom with soft neutral tones, cozy furnishings, and large windows offering scenic neighborhood views.

A bright and modern bathroom with crisp white cabinetry, clean tile finishes, and simple, elegant décor.

A charming ground-level patio with cozy striped seating, stone accents, and private greenery for outdoor relaxation.

Spa-like amenities included with HOA dues

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,101 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $649,999 List Date: 5/21/2026 Last Modified: 8/20/2026

Overview

Description

Move-In Ready. Lake Life Included! Turn-key townhome in a highly sought-after Lake Minnetonka community! The abundant natural light showcases a thoughtfully designed kitchen with extensive storage and a large center island flowing into the dining and living rooms, leading you out to the deck for incredible pool views. Ideal for quiet evenings in or entertaining friends and family. Upscale finishes include granite countertops, tile, and refinished hardwood floors; move-in ready with nothing left to do but enjoy it. This is low-maintenance living at its best: HOA-maintained lawn and landscaping, a private community pool and spa, and a 30-foot boat slip on Lake Minnetonka. Just steps away from the Dakota Regional Trail and within walking distance of restaurants, a coffee shop, dry cleaning, fitness centers, and more. Whether you're looking for a weekend escape or a full-time retreat, this is the laid-back, luxurious lifestyle you've been waiting for.

Listing Details MLS# 7073537

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: 2
Road Btwn WF & Home?: No
Waterfront YN: No
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 504
Above Grd Total SqFt: 2101
Total SqFt: 2101
Total Finished Sqft: 1905.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (TH) Side x Side
Foundation Size: 504
Association Fee: 696.43
Garage Stalls: Yes
Lot Dimensions: 20x48
Acres: 0.03
Assessment Pending: No
Bath Quarter: 0
Below Grd Total SqFt: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Hot Tub; Other Amenities Unit: Balcony; Dock; Hardwood Floors; Hot Tub; Kitchen Window; Patio; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup Association Fee Includes: Hazard Insurance; Lawn Care; Outside Maintenance; Sanitation; Shared Amenities; Snow Removal Assumable Loan: Not Assumable Basement: None Construction Status: Previously Owned Exterior: Brick/Stone; Shakes Fireplace Characteristics: Gas Burning; Living Room; Primary Bedroom Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Supra Parking Characteristics: Covered; Garage Door Opener; Heated Garage; Insulated Garage; Tuckunder Garage Pool Description: Below Ground; Heated; Shared Road Frontage: City Street; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Shared Rooms: Club House Special Search: Primary Bdr Suite Stories: Three Level Split Townhouse Characteristics: No Exterior Stairs Water: City Water/Connected Waterfront Type: Association Access; Shared; Dock; Channel Shore

Contract Information

Contingency: Inspection
Original List Price: 680000
ListPrice: 649999
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5492
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: 7883
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1905

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 218
Covered: Yes
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes
Tuckunder Garage: Yes

Public Survey Info

Range#: 24
Section#: 13
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: LOT 002 BLOCK 002 VILLAS ON LOST LAKE
Listing City: Mound
Map Page: 116
Municipality: Mound
School District: Westonka
School District Phone: 952-491-8001
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 4511
Property ID Number: 1311724330107
Tax Year: 2025
Tax Amount: 7883
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Move-In Ready. Lake Life Included! Turn-key townhome in a highly sought-after Lake Minnetonka community! The abundant natural light showcases a thoughtfully designed kitchen with extensive storage and a large center island flowing into the dining and living rooms, leading you out to the deck for incredible pool views. Ideal for quiet evenings in or entertaining friends and family. Upscale finishes include granite countertops, tile, and refinished hardwood floors; move-in ready with nothing left to do but enjoy it. This is low-maintenance living at its best: HOA-maintained lawn and landscaping, a private community pool and spa, and a 30-foot boat slip on Lake Minnetonka. Just steps away from the Dakota Regional Trail and within walking distance of restaurants, a coffee shop, dry cleaning, fitness centers, and more. Whether you're looking for a weekend escape or a full-time retreat, this is the laid-back, luxurious lifestyle you've been waiting for.
Directions: Shoreline Dr to Lost Lake Ct, Shoreline Dr to Lost Lake Ct, right on Lost Lake Lane, follow around to home.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Hot Tub: Yes
Other: Yes

Amenities Unit

Balcony: Yes
Dock: Yes
Hardwood Floors: Yes
Hot Tub: Yes
Kitchen Window: Yes
Patio: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes

Association Fee Includes

Hazard Insurance: Yes
Lawn Care: Yes
Outside Maintenance: Yes
Sanitation: Yes
Shared Amenities: Yes
Snow Removal: Yes

Assumable Loan

Not Assumable: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Shakes: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Pool Description

Below Ground: Yes
Heated: Yes
Shared: Yes

Restriction/Covenants

Pets - Cats Allowed: Yes
Pets - Dogs Allowed: Yes

Road Frontage

City Street: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Club House: Yes

Special Search

Primary Bdr Suite: Yes

Stories

Three Level Split: Yes

Townhouse Characteristics

No Exterior Stairs: Yes

Water

City Water/Connected: Yes

Waterfront Type

Association Access: Yes
Shared: Yes
Dock: Yes
Channel Shore: Yes

Room Information

Room Name	Dimensions	Level
Bathroom	7x4	Main
Bathroom	4x9	Third
Bathroom	4x3	Third
Dining Room	15x10	Upper
First (1st) Bedroom	19x12	Third
Kitchen	19x13	Upper
Living Room	19x15	Upper
Office	19x11	Main
Second (2nd) Bedroom	10x10	Third

Listing Office: Excelsior Realty

Last Updated: August - 20 - 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.

5492 Lost Lake Lane, Mound, MN 55364 (MLS# 7073537)