For Sale Townhome MLS# 7116654

5490 Lost Lake Lane

Mound, MN 55364

$850,000

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About 5490 Lost Lake Lane

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.

Property details

Property

Type
(TH) Side x Side
MLS type
Townhouse
Status
Active
Year built
2006
Stories
More Than 2 Stories
Living area
2,266 sqft
Price / sqft
$375
Lot
0.03
Full baths
1
Half baths
2
Original price
$850,000
MLS #
7116654

Interior

Features
Central Air, 0, Forced Air, In Hall, Laundry Closet, Upper Level, Gas, Living Room, Stone, Fireplace, Fireplaces: 1, 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
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
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
Laundry
In Hall, Laundry Closet, Upper Level

Exterior & lot

Features
Below Ground, Heated, Outdoor, Shared, Stone, Cement Board, Hot Tub, Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Construction
More Than 2 Stories, Slab, Age Over 8 Years, Asphalt
Roof
Age Over 8 Years, Asphalt
Foundation
Slab
Lot
1311724330106
Pool
Below Ground, Heated, Outdoor, Shared
Waterfront
Dock
Parking
Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Garage spaces
2

Schools

District
Westonka Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Circuit Breakers, 200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

HOA
Yes
Financial
northstar
Annual tax
$9,181
Tax year
2026
Parcel
1311724330106

Location

Subdivision
Villas On Lost Lake
County
Hennepin
Community
Hennepin, City Street, Dock, Hot Tub, Lawn Care, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal, 704.0, Monthly, northstar, Westonka
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.

Location

Neighborhood
Villas On Lost Lake
School district
Westonka Public School District

Ask about this property

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Listed by Stickney Real Estate Jacob Stickney, Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.