Welcome to 5449 Lost Lake Lane, offering maintenance-free living with Lake Minnetonka access in the heart of Mound. This 2-bedroom, 2-bathroom townhouse features 1,154 square feet of well-designed living space, a 2-car garage, quality finishes including hardwood floors and granite countertops, and an open floor plan that opens to a spacious deck for outdoor enjoyment.
The association provides shared amenities including a pool, hot tub, and cabana with kitchen for seasonal use. The lower-level second bedroom offers flexible space suitable for a guest room, home office, exercise area, or hobby room.
The property includes a city-issued dock slip through the City of Mound dock program, currently held by the seller and transferable to the new owner at closing. The slip accommodates boats up to approximately 30 feet, includes power and water, and is accessed via a dredged channel suitable for a variety of watercraft. Dock fees are paid annually and are offered at a significantly reduced rate for Lost Lake Villas owners at just $1,500.
Enjoy convenient access to an extensive network of nearby walking and biking trails, including the Greenway to Wayzata, the Andrew Sisters Trail, and connections to the Dakota Junction Trail in Mound, providing access west toward local destinations for dining, wineries, farms, and seasonal events. City-maintained trail access also provides seasonal lake connectivity for winter recreation.
Lost Lake Channel offers a natural setting with regularly observed local wildlife and year-round activity. Summer views often include waterfowl and shoreline wildlife, while winter months commonly bring cross-country skiers and seasonal trail users passing through the channel toward Lake Minnetonka.
A well-maintained community, flexible living spaces, trail connectivity, and included dock access make this home a unique Lake Minnetonka opportunity.
Closed
$450,000
5449 Lost Lake Ln, Mound, MN 55364
2beds
1,154sqft
(TH) Side x Side
Built in 2015
2,178 Square Feet Lot
$450,200 Zestimate®
$390/sqft
$2,087 Estimated rent
Home value
$450,200
$419,000 - $482,000
$2,087/mo
Zestimate® history
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List your homeWhat's special
Lake minnetonka accessIncluded dock accessOpen floor planFlexible living spaces
Zillow last checked:
Listing updated:
Listed by:
Geoffrey S Serdar 952-258-3100,
Compass,
Sabrina T Bownik 952-270-3377
Bought with:
Ryan Walseth - TAYLRD Real Estate
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 14x11
Deck
- Level: Upper
- Area: 200 Square Feet
- Dimensions: 25x8
Family room
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 17x15
Kitchen
- Level: Upper
- Area: 126 Square Feet
- Dimensions: 14x9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Upper Level
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 1,154
- Total interior livable area: 1,154 sqft
- Finished area above ground: 1,154
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener, Tuckunder Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21 X 20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool, Shared
- Waterfront features: Association Access, Channel Shore, Deeded Access, Dock, Shared
Lot
- Size: 2,178 Square Feet
- Dimensions: 124 x 30
Details
- Foundation area: 811
- Parcel number: 1311724340149
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: The Landings On Lost Lake
HOA
- Has HOA: Yes
- Amenities included: Boat Slip, Boat Dock, Spa/Hot Tub
- Services included: Hazard Insurance, Maintenance Grounds, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal
- HOA fee: $505 monthly
- HOA name: Sharper Management Company
- HOA phone: 952-224-4777
Location
- Region: Mound
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $432,300
- Annual tax amount: $4,645
- Date on market: 2/5/2026
- Cumulative days on market: 70 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $450,000-2.2%$390/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017315 Report a problem | ||
| 4/16/2026 | Pending sale | $459,900$399/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017315 Report a problem | ||
| 3/15/2026 | Price change | $459,900-3.2%$399/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017315 Report a problem | ||
| 2/24/2026 | Price change | $475,000-2.1%$412/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017315 Report a problem | ||
| 2/5/2026 | Listed for sale | $485,000+83.4%$420/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017315 Report a problem | ||
| 7/13/2018 | Sold | $264,500-7.2%$229/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4950077 Report a problem | ||
| 1/30/2018 | Listed for sale | $284,999$247/sqft |
Source: Coldwell Banker Burnet #4888041 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,645 +1.6% | $432,300 +0.5% |
| 2024 | $4,574 +7.7% | $430,000 -2% |
| 2023 | $4,246 +15% | $438,700 +1.8% |
| 2022 | $3,692 +7.3% | $431,000 +33.9% |
| 2021 | $3,441 +3.4% | $322,000 +7% |
| 2020 | $3,328 -3.3% | $301,000 +9.9% |
| 2019 | $3,441 +3.4% | $274,000 +9.6% |
| 2018 | $3,328 +1.1% | $250,000 +27.6% |
| 2017 | $3,294 +21.6% | $196,000 +553.3% |
| 2016 | $2,708 +413.5% | $30,000 |
| 2015 | $527 -0.8% | $30,000 -14.3% |
| 2014 | $531 | $35,000 |
Find assessor info on the county website
Neighborhood: 55364
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Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 0.3 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 0.7 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 1.4 mi
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Estimated market value
$450,200
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Estimated market value
$450,200
- Minnesota
- Hennepin County
- Mound
- 55364
- 5449 Lost Lake Ln
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