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


$850,000
5490 Lost Lake Lane
Mound, MN 55364
MLS# 7116654
3 beds  |  4 baths  |  2646 sqft


5490 Lost Lake Lane, Mound, MN 55364
  1 / 40  
5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364 5490 Lost Lake Lane, Mound, MN 55364
Open House (10/18/2026 - 2:00 pm - 4:00 pm)

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.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 850000
Original List Price: 850000
ListPrice: 850000
List Date: 2026-09-25
Owner is an Agent?: No
Auction?: No
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: 1
Road Btwn WF & Home?: Yes
Waterfront YN: No
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 4
Bath Full: 1
Bath Three Quarters: 1
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
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
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
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
Room Information
Room Name Dimensions Level
Deck7x11Main
Dining Room9x12Main
First (1st) Bedroom15x13Upper
Informal Dining Room7x11Main
Kitchen12x15Main
Living Room16x12Main
Second (2nd) Bedroom13x11Upper
Sitting Room8x7Upper
Third (3rd) Bedroom13x10Lower

Listing Office: Coldwell Banker Realty

Last Updated: October - 12 - 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.

Wednesday 14th of October 2026 11:07 AM

218-998-4400