1340 Rest Point Ln Mound, MN 55364
Orono AreaEstimated payment $7,344/month
Highlights
- 59 Feet of Waterfront
- Heated Floors
- Family Room with Fireplace
- Beach Access
- Deck
- No HOA
About This Home
Neighboring .63 acre buildable lot at 1373 Rest Point Rd is also for sale. You could have the best of both by doing a new design build on 1373 and have a lake home as well! Panoramic sweeping views of Lake Minnetonka’s Jennings Bay offers gorgeous sunsets! Western and Southern exposure, towering trees, cul-de-sac/dead-end street! 59’ hard sand coveted level lake lot with expansive dock for all of your toys! 30+ years of the most amazing memories here for current owners who have loved the lake life! Now she’s ready for her new stories to begin...keep as a cabin, primary, primary and remodel, or start fresh with your own new design build. Survey available. Property abuts a City or Orono abandoned/vacated fire lane on the north side. Current owners have taken care of this for decades and added fill/sod/gardens. It is a beautiful parcel that provides additional privacy for 1340 Rest Point Lane. 3 bedroom, 2 bathroom walk-out one story with open main floor concept, hardwood floors, and great views while you dine or chill while preparing meals. Large paver patio and deck overlook the lake. Flat lot offers hang out/play space and firepit by the rippling waters. Fireplaces in main floor living and lower level family rooms. 2 bedrooms and a full bath on main floor. Lower level offers a large family room with fireplace and 3rd bedroom. Bedroom and family room have convenient access to lakefront as well. Amazing views from almost all rooms. Full bath, laundry, and storage in lower level. 2 car attached garage has a convenient attached garage has a convenient atrium door to fenced in yard. Note garage attached, but just a few feet to the front door access. A very special, special place and community awaits! We hope to see you!
Listing Agent
Coldwell Banker Realty - Southwest Regional Brokerage Phone: 6127992768 Listed on: 05/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,116
Year Built
- Built in 1959
Lot Details
- 59 Feet of Waterfront
- Lake Front
- Cul-De-Sac
- Street terminates at a dead end
- Rural Setting
- Partially Fenced Property
- Few Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Block Foundation
- Pitched Roof
- Wood Siding
- Block Exterior
Interior Spaces
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Open Floorplan
- Heated Floors
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Block Basement Construction
- Laundry in Basement
- Basement Storage
- Basement Window Egress
Outdoor Features
- Beach Access
- Deck
- Patio
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Boiler Heating System
- Radiant Heating System
- 200+ Amp Service
- Water Filtration System
- Well
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
- Rest Point Park Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 0711723320002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,116 | $898,700 | $724,600 | $174,100 |
| 2024 | $8,793 | $885,200 | $724,600 | $160,600 |
| 2023 | $8,421 | $880,900 | $724,600 | $156,300 |
| 2022 | $6,985 | $842,000 | $690,000 | $152,000 |
| 2021 | $6,730 | $700,000 | $575,000 | $125,000 |
| 2020 | $5,586 | $673,000 | $553,000 | $120,000 |
| 2019 | $5,484 | $544,000 | $428,000 | $116,000 |
| 2018 | $5,644 | $533,000 | $420,000 | $113,000 |
| 2017 | $5,673 | $523,000 | $420,000 | $103,000 |
| 2016 | $5,630 | $518,000 | $420,000 | $98,000 |
| 2015 | $4,734 | $429,000 | $331,000 | $98,000 |
| 2014 | -- | $436,000 | $348,000 | $88,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2026 08/02/26 | Pending | -- | -- | -- |
| 07/21/2026 07/21/26 | Price Changed | $1,199,000 | -4.1% | $794 / Sq Ft |
| 06/28/2026 06/28/26 | Price Changed | $1,250,000 | -7.4% | $827 / Sq Ft |
| 05/13/2026 05/13/26 | For Sale | $1,350,000 | -- | $893 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $178,000 | Credit Line Revolving | |
| Closed | $417,000 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 7072441
APN: 07-117-23-32-0002
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 1373 Rest Point Rd
- 4485 N Shore Dr
- 4909 Three Points Blvd
- 4919 Three Points Blvd
- 4945 Glen Elyn Rd
- 5020 Minneapolis Ave
- 1530 Orchard Beach Place
- 1001 Wildhurst Trail
- 000 Park Dr
- 85 Unassigned Resthaven Ln
- 1754 Wildhurst Ln
- 1065 Bayside Ln
- 1040 Bayside Ln
- 1936 Shorewood Ln
- 5190 Three Points Blvd
- 1728 Finch Ln
- 1461 N Arm Dr
- 4041 N Shore Dr
- 1375 Cherry Place
- 940 N Arm Dr
Ask me questions while you tour the home.