For sale by owner

$1,800,000

5185 N Arm Dr, Mound, MN 55364

3beds

4,800sqft

$11,563/mo

Get pre-qualified

SingleFamily

Built in 1998

16 Acres Lot

$-- Zestimate^®

$375/sqft

$-- HOA

What's special

Offering privacy and spaceProperties are side-by-side

*Available Spring/Summer 2027 Double Parcel Opportunity in Minnetrista Two adjacent properties totaling 15.6 acres available in a highly desirable Minnetrista location near Lake Minnetonka. 5185 North Arm Drive 5055 North Arm Drive Unique opportunity for a builder, developer, investor, or buyer looking for additional space, privacy, or future potential in the west metro lake area. Near the newly renovated Burl Oaks (Crooked Water) golf course. Properties are side-by-side and offer a rare chance to control a larger footprint in an established neighborhood with strong long-term upside. Potential uses may include: * Custom estate build * Multi-generational setup * Hold as investment * Future redevelopment opportunity * Builder/spec project Convenient access to Lake Minnetonka, trails, dining, and west metro amenities while still offering privacy and space.

35 days
955
40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Other

Cooling

None

Appliances

Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Hardwood
Basement: Unfinished
Has fireplace: Yes

Interior area

Total interior livable area: 4,800 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached

Features

Exterior features: Wood

Lot

Size: 16 Acres

Details

Parcel number: 0111724420002

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1998

Community & HOA

Location

Region: Mound

Financial & listing details

Price per square foot: $375/sqft
Tax assessed value: $1,065,800
Annual tax amount: $12,682
Date on market: 9/4/2026

Estimated market value

Not available

Estimated sales range

Not available

$4,844/mo

Price history

Date	Event	Price
9/4/2026	Listed for sale	$1,800,000$375/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$12,682 +3.7%	$1,065,800 -1.9%
2025	$12,230 +6.8%	$1,085,900 +1.5%
2024	$11,453 +39.4%	$1,070,100 +3.4%
2023	$8,215 +1.1%	$1,034,600 +16.2%
2022	$8,126 +4.8%	$890,000 +16.6%
2021	$7,757 -2.8%	$763,000 +5.4%
2020	$7,980 +2.9%	$724,000 +3.7%
2019	$7,757 -2.8%	$698,000 +6.1%
2018	$7,980 -5.4%	$658,000 +2.7%
2017	$8,433 +8.4%	$641,000 +6.3%
2016	$7,780 +5.5%	$603,000 +7.5%
2015	$7,374 +7.1%	$561,000 -0.9%
2014	$6,887 -4.8%	$566,000 -1.6%
2013	$7,237 -4.5%	$575,000 -7.3%
2012	$7,574 +3.1%	$620,000 -5.6%
2011	$7,349 -11.1%	$657,000 -15.2%
2010	$8,262 -0.2%	$775,000 -3.5%
2009	$8,277 +18.5%	$803,000 +24.5%
2006	$6,986 +4.7%	$645,000 +10.4%
2005	$6,671 +13.3%	$584,000 +12%
2004	$5,888 +0.3%	$521,300 +12%
2002	$5,871 -32.8%	$465,500
2001	$8,737	--