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Mound

Mound

Located in Hennepin County

$605,392 Average Value
$327 Average Price per Sq Ft
71 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.

Lake Minnetonka ranks among Minnesota’s largest lakes near Mound.
Lake Minnetonka ranks among Minnesota’s largest lakes near Mound.
Bike trails near Mound circle Lake Minnetonka for scenic rides.
Bike trails near Mound circle Lake Minnetonka for scenic rides.
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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.

Many Lake Minnetonka homes near Mound include private docks and lake access.
Many Lake Minnetonka homes near Mound include private docks and lake access.
Mound homes typically list between $300K and $600K, with lakefront options higher.
Mound homes typically list between $300K and $600K, with lakefront options higher.
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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.

Shirley Hills Primary near Mound boasts strong academic performance.
Shirley Hills Primary near Mound boasts strong academic performance.
Grandview Middle School near Mound ranks among Minnesota’s best.
Grandview Middle School near Mound ranks among Minnesota’s best.
Mound Westonka High School belongs to a top-rated Minnesota school district.
Mound Westonka High School belongs to a top-rated Minnesota school district.
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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.”

Surfside Park sits on Cooks Bay’s northwest shore in Mound.
Surfside Park sits on Cooks Bay’s northwest shore in Mound.
Mound’s skate park welcomes skaters of all skill levels year-round.
Mound’s skate park welcomes skaters of all skill levels year-round.
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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.

Dakota Junction in Mound serves farm-to-table dishes in a historic depot.
Dakota Junction in Mound serves farm-to-table dishes in a historic depot.
Outdoor seating at Surfside Bar and Grill offers lake views in Mound.
Outdoor seating at Surfside Bar and Grill offers lake views in Mound.
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Jessica Haddad
Written By
Jessica Haddad
Sienna Lee
Photography Contributed By
Sienna Lee

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
5,585
Number of Homes for Sale
71
Median Year Built
1972
Months of Supply
3.40
Average Single Family Home Size Sq Ft
1,985
On par with the national average
1,931
Average Townhouse Size Sq Ft
2,195
Average 2 Bedroom Size Sq Ft
1,134
Average 1 Bedroom Size Sq Ft
705
Median Lot Size Sq Ft
12,196

Open Houses

  • Saturday, May 2
    Open Sat 12PM - 2PM

    3590 Tuxedo Rd, Mound, MN 55364

    $1,899,000

    • 3 Beds
    • 2 Baths
    • 2,212 Sq Ft
    • 3590 Tuxedo Rd
    • New 16 days ago

    Situated on a premier almost half acre lot, this recently updated charming walkout rambler offers scenic lake views and 108 feet of shoreline on Phelps Bay of Lake Minnetonka! Sweeping panoramic lake views greet you as you enter the gracious living room and dining room featuring easy access to the back deck. The nicely updated kitchen features white cabinetry, stone granite countertops, stainless

    Jacob Stickney Coldwell Banker Realty

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  • Saturday, May 2
    Open Sat 12PM - 2PM

    6398 Sugar Mill Ln, Mound, MN 55364

    $674,900

    • 4 Beds
    • 3.5 Baths
    • 3,436 Sq Ft
    • 6398 Sugar Mill Ln
    • New 5 days ago

    Move-in ready and perfectly located—this updated 4-bedroom, 3.5-bath home in Mound offers comfort, privacy, and easy access to the outdoor lifestyle you’re looking for. The main level features updated finishes and newer appliances, while the fully finished basement provides additional living or entertaining space. Situated on a corner lot, the home offers added privacy along with a large, fully

    Michael Pahl Compass

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  • Sunday, May 3
    Open Sun 12PM - 1:30PM

    5410 Three Points Blvd Unit 411, Mound, MN 55364

    $265,000

    • 2 Beds
    • 3 Baths
    • 1,292 Sq Ft
    • 5410 Three Points Blvd
    • Unit 411

    Private dock + garage on Lake Minnetonka—be in before boating season. This garden-level 2BR home includes a versatile flex room (non-conforming 3rd) and 1,200+ finished sq ft with LVP flooring in the main living area. Seahorse amenities include an indoor pool, fitness equipment, party room, guest parking and guest dock—perfect for hosting lake days. Easy, low-maintenance lake lifestyle. Step

    AmyMichielle Freeman Edina Realty, 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

Rental Home Trends

Number of Homes for Rent
16
Median Rent
$1,647
Median Single Family Home Rent
$2,300
Median 4 Bedroom Single Family Home Rent
$7,500
Median Townhouse Rent
$2,250
Median 2 Bedroom Townhouse Rent
$2,250
Median Condo Rent
$1,250
Median 2 Bedroom Condo Rent
$1,435

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
$79,597
Average Household Income
$116,613

Education and Workforce

High School Graduates
98.7%
Above the national average
89%
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

Fairly friendly

Bike Score®®

40 / 100

Somewhat friendly

Walk Score®®

30 / 100

Somewhat friendly

Transit Score®®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and 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