5490 Lost Lake Lane Mound, MN $ 850,000
5490 Lost Lake Lane
$ 850,000
Open House 10/18 2pm - 4pm
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5490 Lost Lake Lane

Mound, MN, 55364
$ 850,000
Bedrooms3 Baths2.2 Sq 2,266

Monthly Estimate*

$ 5,871

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Townhouse for sale in Mound, MN

for $850,000 with 3 bedrooms and 2 full baths, 2 half baths. This 2,266 square foot townhouse was built in 2006 on a lot size of 0.03.

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.

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Open House

10/18/2026 2:00 PM - 4:00 PM
5490 Lost Lake Lane Mound, MN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Townhouse Active

Price

$ 850,000

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Townhouse

Taxes

$ 9,181

Style

(TH) Side x Side

Lot Size

0.03

Year Built

2006

Town/City

Mound

County/Region

Hennepin

MLS | Web ID

7116654

Features
General
Living Area 2266
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years Asphalt
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
HOA Fee 704
Garage Spaces 2
Association Fee Includes Lawn Care Maintenance Grounds Professional Mgmt Recreation Facility Sanitation Shared Amenities Snow Removal
Pool Features Below Ground Heated Outdoor Shared
Year Built 2006
Electric Circuit Breakers 200+ Amp Service
Levels More Than 2 Stories
Property Subtype (TH) Side x Side
Tax Year 2026
Waterfront Features Dock
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
Association Amenities Dock Hot Tub
HOA Y
Contingency None
Subdivision Name Villas On Lost Lake
Other Structures Hot Tub
Full Baths 1
Directions 394W turns into County Road 15W (Shoreline Drive) turn left on Lost Lake Court then the first right onto Lost Lake Lane to the back corner unit right by the pool.
City Mound
Association Name Sharper Management
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 9181
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Dock Hardwood Floors Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Patio Boat Slip Tile Floors Walk-In Closet
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Interior
Basement None
Total Fireplaces 1
Fireplace Features Gas Living Room Stone
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 2266
Half Baths 2
1/4 Baths 0
3/4 Baths 1
Laundry Features In Hall Laundry Closet Upper Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 4
Bath Desc 1/2 Basement Double Sink Bathroom Ensuite Full Primary Main Floor 1/2 Bath Separate Tub & Shower Upper Level 3/4 Bath Jetted Tub
Dining Room Description Breakfast Bar Breakfast Area Eat In Kitchen Informal Dining Room Living/Dining Room
Fuel Natural Gas
Garage Dimensions 20x19
Garage Square Feet 380
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Exterior
Parking Features Attached Garage Asphalt Garage Door Opener Insulated Garage
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.03
Building Area Total 2646
Lot Dimensions NW 21x66
Waterfront Y/N N
Foundation Area 882
Road Frontage Type City Street
Road Responsibility Association Maintained Road
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Internal Only
Street Number 1 5490
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jmstickney@cbburnet.com

Email

Affordability Calculator

$6,636
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
$765
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709321 Elementary School
708520 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2026$850,000 Listed Price

Map


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5490 Lost Lake Lane, Mound, MN, 55364 is a Townhouse for sale at $850,000 with 2,266 sqft and a lot size of 0.03. 5490 Lost Lake Lane has 3 bedrooms, 2.2 baths, and was built in 2006. The property's zip code is 55364 which is in Mound, MN