Experience the ultimate Lake Minnetonka lifestyle with this exceptional home that includes a coveted 26-foot boat slip — ready for endless days on the water. Located within a gated community featuring beautifully maintained grounds, a sparkling pool, and relaxing spa, this property offers resort-style living year-round.
Inside, you’ll find an inviting interior filled with upscale finishes including granite countertops, tile and wood floors, and elegant details throughout. The thoughtfully designed kitchen offers extensive storage, making entertaining and everyday living effortless. Two cozy gas fireplaces create warm, welcoming spaces to gather after a day on the lake.
A one-car garage adds convenience, while the private, well-kept setting provides peace of mind. Whether you’re looking for a weekend retreat or a full-time waterfront haven, this is truly an awesome pad for the lake dweller who wants comfort, style, and direct access to one of Minnesota’s most sought-after lakes.
Active
Price cut: $30K (7/8)
$649,999
5492 Lost Lake Ln, Mound, MN 55364
2beds
1,905sqft
(TH) Side x Side
Built in 2006
1,306 Square Feet Lot
$639,100 Zestimate®
$341/sqft
$696/mo HOA
What's special
- 54 days |
- 506 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Cheryl A Holds 612-741-0904,
Excelsior Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7073537
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Third
- Area: 228 Square Feet
- Dimensions: 19x12
Bedroom 2
- Level: Third
- Area: 100 Square Feet
- Dimensions: 10x10
Bathroom
- Level: Main
- Area: 28 Square Feet
- Dimensions: 7x4
Bathroom
- Level: Third
- Area: 36 Square Feet
- Dimensions: 4x9
Bathroom
- Level: Third
- Area: 12 Square Feet
- Dimensions: 4x3
Dining room
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 15x10
Kitchen
- Level: Upper
- Area: 247 Square Feet
- Dimensions: 19x13
Living room
- Level: Upper
- Area: 285 Square Feet
- Dimensions: 19x15
Office
- Level: Main
- Area: 209 Square Feet
- Dimensions: 19x11
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room, Primary Bedroom
Interior area
- Total structure area: 2,101
- Total interior livable area: 1,905 sqft
- Finished area above ground: 1,905
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Covered, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three Level Split
- Has private pool: Yes
- Pool features: In Ground, Heated, Shared
- Waterfront features: Association Access, Channel Shore, Dock, Shared
Lot
- Size: 1,306 Square Feet
- Dimensions: 20 x 48
Details
- Foundation area: 504
- Parcel number: 1311724330107
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Villas On Lost Lake
HOA
- Has HOA: Yes
- Amenities included: Spa/Hot Tub, Other
- Services included: Hazard Insurance, Lawn Care, Maintenance Grounds, Sanitation, Shared Amenities, Snow Removal
- HOA fee: $696 monthly
- HOA name: Sharper Management
- HOA phone: 952-224-4777
Location
- Region: Mound
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $690,100
- Annual tax amount: $7,883
- Date on market: 5/18/2026
Estimated market value
$639,100
$607,000 - $671,000
$2,575/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $649,999-4.4%$341/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7073537 Report a problem | ||
| 5/21/2026 | Listed for sale | $680,000+40.6%$357/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7073537 Report a problem | ||
| 4/21/2021 | Sold | $483,500-5.2%$254/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5716221 Report a problem | ||
| 3/9/2021 | Pending sale | $509,900$268/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5716221 Report a problem | ||
| 2/24/2021 | Listed for sale | $509,900+0.2%$268/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5716221 Report a problem | ||
| 12/19/2020 | Listing removed | $509,000$267/sqft |
Source: Keller Williams Realty Integrity Edina #5664601 Report a problem | ||
| 11/7/2020 | Price change | $509,000-2.1%$267/sqft |
Source: Keller Williams Realty Integrity Edina #5664601 Report a problem | ||
| 9/26/2020 | Listed for sale | $519,900+153.6%$273/sqft |
Source: Keller Williams Realty Integrity Edina #5664601 Report a problem | ||
| 7/19/2012 | Sold | $205,000$108/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1432691 Report a problem | ||
| 4/10/2012 | Price change | $205,000-4.7%$108/sqft |
Source: IBR Realty #4112380 Report a problem | ||
| 4/1/2012 | Listed for sale | $215,000-56.6%$113/sqft |
Source: IBR Realty #4112380 Report a problem | ||
| 1/25/2012 | Sold | $495,823+111%$260/sqft |
Source: Public Record Report a problem | ||
| 1/18/2012 | Price change | $235,000-6%$123/sqft |
Source: IBR Realty #4112380 Report a problem | ||
| 1/6/2012 | Listed for sale | $250,000-10.7%$131/sqft |
Source: IBR Realty #4112380 Report a problem | ||
| 2/18/2011 | Listed for rent | $1,695$1/sqft |
Source: Postlets Report a problem | ||
| 1/8/2011 | Listing removed | $279,900$147/sqft |
Source: Edina Realty, Inc #3930891 Report a problem | ||
| 7/1/2010 | Price change | $279,900-6.7%$147/sqft |
Source: Edina Realty, Inc #3930891 Report a problem | ||
| 5/30/2010 | Listed for sale | $299,900+66.6%$157/sqft |
Source: Edina Realty, Inc #3930891 Report a problem | ||
| 3/9/2006 | Sold | $180,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,883 +32.2% | $690,100 +1.8% |
| 2024 | $5,963 +9.3% | $678,000 +21.3% |
| 2023 | $5,456 -3.5% | $558,800 +2.7% |
| 2022 | $5,657 -3.8% | $544,000 +12.9% |
| 2021 | $5,879 +2.3% | $482,000 -3.4% |
| 2020 | $5,749 -2.2% | $499,000 +9.9% |
| 2019 | $5,879 +2.3% | $454,000 +7.3% |
| 2018 | $5,749 +60.7% | $423,000 +83.9% |
| 2017 | $3,577 +20.3% | $230,000 +0.9% |
| 2016 | $2,974 -2.6% | $228,000 +0.9% |
| 2015 | $3,054 +0.1% | $226,000 +14.1% |
| 2014 | $3,050 -40.2% | $198,000 -20.5% |
| 2013 | $5,099 +16.4% | $249,000 -5% |
| 2012 | $4,382 -6.4% | $262,000 -30.3% |
| 2011 | $4,684 -10.9% | $376,000 -19.8% |
| 2010 | $5,258 -8.8% | $469,000 -13% |
| 2009 | $5,764 | $539,000 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 0.4 mi
- 10/10Grandview Middle SchoolGrades: 5-7Distance: 0.6 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 1.4 mi
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- Minnesota
- Hennepin County
- Mound
- 55364
- 5492 Lost Lake Ln
Nearby cities
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