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.
Active
Price cut: $20K (7/17)
$604,900
5020 Minneapolis Ave, Mound, MN 55364
3beds
2,886sqft
Single Family
Built in 1990
0.46 Acres Lot
$594,200 Zestimate®
$210/sqft
$-- HOA
What's special
Modern updatesGenerous center islandBeautiful patioBeautiful architectural detailsTwo fireplacesThree bedroomsStainless steel appliances
- 31 days |
- 1,709 |
- 64 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mary E Hollway 612-810-8924,
Hollway Real Estate,
Linda King 612-325-2875
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7093800
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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: City Water/Connected
Community & HOA
Community
- Subdivision: Red Oak Crest
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $478,000
- Annual tax amount: $4,657
- Date on market: 6/16/2026
Estimated market value
$594,200
$564,000 - $624,000
$4,201/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $604,900-3.2%$210/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7093800 Report a problem | ||
| 6/29/2026 | Price change | $624,900-5.3%$217/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem | ||
| 6/19/2026 | Listed for sale | $659,900+49.1%$229/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7093800 Report a problem | ||
| 6/14/2019 | Sold | $442,500-1.6%$153/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5002512 Report a problem | ||
| 5/20/2019 | Pending sale | $449,900$156/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 4/1/2019 | Price change | $449,900-6.3%$156/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 1/28/2019 | Listed for sale | $479,900$166/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 11/9/2018 | Listing removed | $479,900$166/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 10/22/2018 | Price change | $479,900-4%$166/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 9/29/2018 | Price change | $499,900-6.5%$173/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 9/11/2018 | Listed for sale | $534,900+94.2%$185/sqft |
Source: Keller Williams Realty Lake Minnetonka #5002512 Report a problem | ||
| 3/7/2000 | Sold | $275,500$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55364
Nearby schools
GreatSchools rating
- 10/10Hilltop Primary SchoolGrades: K-4Distance: 1 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 1 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 1.3 mi
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