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Mound

Mound

Located in Hennepin County

$601,135 Average Value
$319 Average Price per Sq Ft
62 Homes For Sale

Mound offers lakeside living just 30 minutes from Minneapolis

Twenty miles west of Minneapolis, you’ll find the magical, magnetic city of Mound, situated on the scenic shores of lovely, lush Lake Minnetonka. “We’re a small-town, close-knit, lake-oriented community that feels secluded and safe while being just 30 minutes away from Minneapolis,” says Mound Mayor Jason Holt. “Everybody is very close, and everywhere you go, people know each other.” Surrounded by lakes, bays, and mature tree growth, the natural scenic beauty of the city cannot be overstated. Outdoor opportunities abound in his flourishing luxury community that promises 637 public dock sites and 32 parks in just over three square miles.

Incorporated as a city in 1912, Mound was named for the pre-historic Indian mounds once found within present city limits. In more modern times, Mound is known eternally as the birthplace of Tonka Toys, a company famous for toy trucks that derived its name from a Dakota tribe word that means “big.” Originally imagined as a gardening tool manufacturer, Mound Metalcraft pivoted and changed its name to Tonka Toys Incorporated in 1955. The company left in 1982 to address additional production needs. “Being the birthplace of Tonka Toys is our claim to fame,” Holt says.

Housing options span midcentury builds to luxury waterfront estates

One of the more reasonably priced communities around Lake Minnetonka, the real estate market in Mound is very competitive, so buyers must act quickly on well-priced properties, which tend to fly off the market. “We’re more accessible from a price point than some of the other cities on the lake,” Holt says. “It’s very diverse because you’ve got the expensive estates on the lake, but then there is very affordable housing across the street.” Prices run the gamut in Mound, but the 12-month median price was about $370,000 in October 2023. Most of the listings are in the $300,000 to $600,000 range, but home prices on the water can climb upwards of $2.5 million. “The town is over 100 years old, so there is some classic architecture, but most of the homes were built in the ‘50s, ‘60s and ‘70s,” Holt says. There is a diversity of housing in Mound, with pockets of condos and town houses that have been developed in recent years. There are even options for empty nesters and seniors looking to age in place. The Mound Harbor senior community co-op, called Artessa locally, is currently under construction for those 62 and older looking for a stylish lakeside home teeming with activities and amenities. “If everything comes together, the co-op will be completed in August 2024,” Holt says.

Westonka campus includes arts and athletics centers

Families with children are served by the Westonka Public School District, which has an overall grade of A from Niche and is considered one of the districts with the best teachers in Minnesota. “This is an award-winning district with a very small teacher-to-student ratio,” Holt says. “The school district is a big part of what attracts people to our town.” Students can start their education at Shirley Hills Primary School, which gets an A- from Niche. Boasting superior art classes, the school’s ever-changing art gallery displays student masterpieces. With an A grade from Niche, Grandview Middle School, seventh-grade students learn leadership capacity by serving as mentors to the ascending fifth graders as they transition schools. Often ranked as one of the best public high schools in the country, Mound Westonka High School has premier facilities. Following a $23 million bond referendum in 2016, the Westonka Activity Center and the Westonka Performing Arts Center were added to the campus. For the 2022-23 school year, a total of 41 students from the school earned AP Scholar Awards for their exceptional achievement on the AP exams. “They also have a great football program,” Holt says.

Waterfront playground and beach are popular summer spots

A nature lover’s dream, a meticulously manicured Mound puts special emphasis on cultivating outdoor amenities for its residents to enjoy year-round. “Surfside Park on Cooks Bay is our standout community park and is where we have our Spirit of the Lake Festival every July,” Holt says. “It’s a three-day festival with food trucks, live bands, a parade and wakesurfing on Lake Minnetonka, and the whole town shows up.” The park’s sandy beach is clean, and the water is clear, making it the perfect place for a summer swim. The waterfront playground at Surfside has a sandy base and is fun for kids of all ages. “In addition to our many established community parks, a new park is soon to be under construction near the site of the senior co-op,” Holt says. “It’s going to be a good amount of that downtown area that will be a public gathering space.”

Independent eateries offer casual dining and local flavor

Commerce Boulevard near Langdon Lake is the beating commercial heart of this otherwise residential community. “There was some redevelopment in the mid-2000s, but for a while, it was stagnant,” Holt says. “But it’s come alive again in recent years, and we’re demonstrating that there’s room for growth.” For stocking up on groceries and essentials, Jubilee Foods is a one-stop shop for fresh produce, prepared foods and friendly service with a smile. “Good people run it, and it’s got everything you need,” Holt says. There are several independent dining destinations in town, including Casa Amigos. “They’re a locally owned group with a few locations, and they have literally the best chips and salsa you can find at any Mexican restaurant anywhere,” Holt says. Simple and humble, Dakota Junction serves eclectic American dishes featuring local ingredients inside the old Mound Depot train building. Surfside Bar and Grill is a popular sports bar hangout with outdoor seating. “The owner is working there every day, and they have really good food,” Holt says.

Jessica Haddad
Written By
Jessica Haddad
Sienna Lee
Photography Contributed By
Sienna Lee

Interested in learning more about homes in this area? Reach out to Brent Peterson, an experienced agent in this area.

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Mound Housing Trends

Housing Trends

Median List Price
$550,000
Median Sale Price
$495,000
Median Single Family Sale Price
$633,750
Median Townhouse Sale Price
$528,950
Median Change From 1st List Price
0%
Last 12 months Home Sales
267
Median Home Sale Price YoY Change
19%
Average Price Per Sq Ft
$319

Area Facts

Number of Homes
5,589
Number of Homes for Sale
62
Median Year Built
1972
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,980
On par with the national average
1,929
Average Townhouse Size Sq Ft
2,194
Average 2 Bedroom Size Sq Ft
1,126
Average 1 Bedroom Size Sq Ft
704
Median Lot Size Sq Ft
12,196

Open Houses

  • Saturday, Nov 1
    Open Sat 11AM - 2PM

    5133 Emerald Dr, Mound, MN 55364

    $2,895,000

    • 5 Beds
    • 3.5 Baths
    • 3,707 Sq Ft
    • 5133 Emerald Dr

    Introducing 5133 Emerald Drive on Lake Minnetonka’s coveted “Gold Coast” of Cooks Bay. This stunning property boasts .47 acres with 106 ft of premium, south-facing, level lakeshore. Enjoy big-water views and year-round sunsets. Completely renovated inside and out by Custom One Homes (2023) for the interiors and by Denali custom homes & NEC Landscaping (2022) for the exterior; this home is like

    Brian Monette RE/MAX Results

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  • Sunday, Nov 2
    Open Sun 2PM - 4PM

    6301 Bay Ridge Rd, Mound, MN 55364

    $1,295,000

    • 4 Beds
    • 3 Baths
    • 3,948 Sq Ft
    • 6301 Bay Ridge Rd

    BACK ON THE MARKET this home has undergone an amazing transformation from closed spaces to open concept. With a beautifully enlarged open kitchen that flows seamlessly into a stunning butler’s pantry and adjacent dining space, this property is a must see if lake living is for you. And, newly installed white trim and doors in the loft and main floor add the perfect finishing touch while showcasing

    Greg Lawrence HomeAvenue Inc

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Mound Has More Owners

Demographics

Total Population
9,277
Median Age
45
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
21.3%
On par with the national average
19.1%

Finances

Median Household Income
$88,017
Above the national average
$71,702
Average Household Income
$116,613

Education and Workforce

High School Graduates
98.7%
Above the national average
89.1%
College Graduates
43.1%
Above the national average
34.1%
Advanced Degrees
13.5%
% Population in Labor Force
72.8%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
6°F
Average Summer High Temperature
81°F
Annual Snowfall
60''

Area Factors

Bikeable

Bike Score®®

62 / 100

Somewhat Walkable

Walk Score®®

57 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Mound