Very rare opportunity to enjoy Lake Minnetonka living. This small townhome community is located in the "The Villas of Lost Lake" Includes the option of a permanent boat dock slip 25-30 foot in length. Each dock spot has both power and water hook-ups. This unit has its own private elevator. The townhouse is a corner/end unit. This immaculate townhome has the primary bedroom that overlooks the pool area. Second bedroom has its own bathroom, along with the laundry room all on the same level. Main level includes kitchen and living area and bathroom. The association includes a full size pool and hot tub. There is a full kitchen, BBQ and bathroom in the pool area. There is nothing else like this on the lake. Perfect for year round or snowbird living. Walking/biking distance to trails, restaurants and stores. Pets are allowed. This is a must see!
Closed
$800,000
5490 Lost Lake Ln, Mound, MN 55364
3beds
2,632sqft
Townhouse Side x Side
Built in 2006
0.03 Square Feet Lot
$805,500 Zestimate®
$304/sqft
$3,454 Estimated rent
Home value
$805,500
$765,000 - $846,000
$3,454/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 01:00pm
Listed by:
Steven A. Johnson 612-308-4487,
Coldwell Banker Realty
Bought with:
Stickney Real Estate – Jacob Stickney
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6343240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 2,632
- Total interior livable area: 2,632 sqft
- Finished area above ground: 1,814
- Finished area below ground: 409
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.03 sqft
Details
- Foundation area: 882
- Parcel number: 1311724330106
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse Side x Side
- Attached to another structure: Yes
Materials
- Fiber Board
- Foundation: Slab
Condition
- Age of Property: 19
- New construction: No
- Year built: 2006
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Mound
- Subdivision: LOST LAKE VILLAS
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $557 monthly
- Amenities included: Boat Dock
- Services included: Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
- Association name: New Concepts Management
- Association phone: 952-922-2500
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2023 | Sold | $800,000$304/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6343240 | ||
| 5/5/2023 | Pending sale | $800,000+47.9%$304/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6343240 | ||
| 7/16/2018 | Sold | $541,000-1.5%$206/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4947586 | ||
| 5/29/2018 | Pending sale | $549,000$209/sqft |
Source: Coldwell Banker Burnet - Wayzata #4947586 | ||
| 5/10/2018 | Listed for sale | $549,000+138.7%$209/sqft |
Source: Coldwell Banker Burnet - Wayzata #4947586 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,610 +33.3% | $757,800 +3.5% |
| 2024 | $6,459 +9.4% | $732,000 +22.5% |
| 2023 | $5,903 -3.2% | $597,700 +2.9% |
Find assessor info on the county website
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 0.3 mi
- 9/10Grandview Middle SchoolGrades: 5-7Distance: 0.6 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 1.4 mi
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Estimated market value
$805,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$805,500