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  • $575,000

    5020 Minneapolis Ave, Mound, MN 55364

    3beds
    2,886sqft
    Single Family
    Built in 1990
    0.46 Acres Lot
    $574,800 Zestimate®
    $199/sqft
    $3,797 Estimated rent

    Home value

    $574,800

    $535,000 - $615,000

    $3,797/mo

    Zestimate® history
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    What's special

    Modern updatesGenerous center islandBeautiful patioBeautiful architectural detailsTwo fireplacesThree bedroomsStainless steel appliances
    Exceptional Two-Story Home with Spectacular views of Lake Minnetonka. Nestled high on a private lot with breathtaking panoramic views of Lake Minnetonka, this beautifully maintained two-story home offers lake living at its finest. The view is highlighted by being atop a hill. The driveway, however, is heated. It can be turned on from your phone. Just steps across the street from the water, this wonderful residence features three bedrooms—including a spacious primary suite with en suite bath and skylight—along with 3 other baths. The updated kitchen is a true highlight, boasting stainless steel appliances, granite countertops, a generous center island, and stunning lake views from almost every room. Warmth and character shine through with two fireplaces, beautiful architectural details, and mostly newer windows throughout. Additional comforts include a heated driveway and a charming front porch perfect for morning coffee while enjoying the scenery. The large finished lower level is an entertainer’s dream, featuring a spacious amusement room and a dedicated exercise room. Outside, relax on the beautiful patio & enjoy the darling bunkhouse playhouse. The home is perfectly located for an active lifestyle—walking distance to fantastic parks, the woods of Sage Hill, and Jennings Cove. This is a rare opportunity to enjoy Lake Minnetonka living in a lovingly cared-for home full of character, modern updates, and versatile living spaces. Don’t miss your chance to make this dream home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary E Hollway 612-810-8924,

    Hollway Real Estate,

    Linda King 612-325-2875

    Bought with:

    James D Jeronimus

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7093800MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 20 X 12
    Bedroom 2
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12 X 12
    Bedroom 3
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12 X 11
    Other
    • Level: Lower
    • Area: 483 Square Feet
    • Dimensions: 23 X 21
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Exercise room
    • Level: Lower
    • Area: 72 Square Feet
    • Dimensions: 9 X 8
    Family room
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18 X 13
    Foyer
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 9 X 8
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12 X 10
    Living room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12 X 10
    Patio
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15 X 15
    Porch
    • Level: Main
    • Area: 84 Square Feet
    • Dimensions: 14 X 6
    Walk in closet
    • Level: Upper
    • Area: 35 Square Feet
    • Dimensions: 5 X 7
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Chandelier, Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: In Basement
    Features
    • Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Sump Pump
    • Number of fireplaces: 2
    • Fireplace features: Amusement Room, Family Room, Wood Burning
    Interior area
    • Total structure area: 3,102
    • Total interior livable area: 2,886 sqft
    • Finished area above ground: 2,052
    • Finished area below ground: 834

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached, Concrete, Garage Door Opener
    • Attached garage spaces: 3
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (23 x 36)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Porch
    • Fencing: Chain Link,Full
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake View
    Lot
    • Size: 0.46 Acres
    • Dimensions: 143 x 85 x 150 x 171
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 1050
    • Parcel number: 1211724130027
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: Private, Well

    Community & HOA

    Community
    • Subdivision: Red Oak Crest
    HOA
    • Has HOA: No
    Location
    • Region: Mound

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $552,500
    • Annual tax amount: $4,657
    • Date on market: 6/16/2026
    • Cumulative days on market: 51 days

    Price history

    DateEventPrice
    8/31/2026Sold$575,000-4.9%$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem
    8/9/2026Pending sale$604,900$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem
    7/17/2026Price change$604,900-3.2%$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem
    6/29/2026Price change$624,900-5.3%$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem
    6/19/2026Listed for sale$659,900+49.1%$229/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem
    6/14/2019Sold$442,500-1.6%$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5002512 Report a problem
    5/20/2019Pending sale$449,900$156/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    4/1/2019Price change$449,900-6.3%$156/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    1/28/2019Listed for sale$479,900$166/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    11/9/2018Listing removed$479,900$166/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    10/22/2018Price change$479,900-4%$166/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    9/29/2018Price change$499,900-6.5%$173/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    9/11/2018Listed for sale$534,900+94.2%$185/sqft
    Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem
    3/7/2000Sold$275,500$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$5,143 -1.4%$552,500 +15.6%
    2025$5,217 +1.3%$478,000 -3.8%
    2024$5,150 +1.3%$496,900 -2.5%
    2023$5,083 +6.9%$509,400 -3.5%
    2022$4,755 +1.9%$528,000 +26.9%
    2021$4,669 -2.8%$416,000 -10.5%
    2020$4,804 +2.9%$465,000 +4.3%
    2019$4,669 -2.8%$446,000 +11.5%
    2018$4,804 +10.5%$400,000 +5.5%
    2017$4,347 -0.3%$379,000 +3%
    2016$4,358 +1.5%$368,000 +10.2%
    2015$4,294 +9.3%$334,000 +6.4%
    2014$3,929 -8.3%$314,000 -11.5%
    2013$4,286 +2.5%$355,000 -1.7%
    2012$4,183 +3.5%$361,000 -5.7%
    2011$4,042 -1.7%$383,000 -7.9%
    2010$4,111 +2.8%$416,000 -1%
    2009$3,998 +13.1%$420,000 +20.7%
    2006$3,536 +0.2%$348,000 +6.7%
    2005$3,530 +8.9%$326,000 +9.1%
    2004$3,242 +0.3%$298,800 +12%
    2002$3,233 -32.2%$266,800
    2001$4,768 --
    Find assessor info on the county website

    Neighborhood: 55364

    Nearby schools

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    Estimated market value
    $574,800
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    Estimated market value
    $574,800