$895,000
PENDING

2921 Cambridge Ln Mound, MN 55364

Estimated payment $5,517/month

Total Views 14,490
3 Beds
1 Bath
1,370 Sq Ft
$653 Price per Sq Ft

Highlights

  • 40 Feet of Waterfront
  • Beach Access
  • Deck
  • Shirley Hills Primary School Rated A
  • Lake View
  • Main Floor Primary Bedroom

About This Home

Big water views on Lake Minnetonka from this charming 100-year-old cottage perched on the shores of Cooks Bay. Set on a 100-foot deep by 40-foot wide lot with sandy shoreline and sweeping lake vistas, this Lake Minnetonka home offers stunning sunset views and endless lake breezes. Located on quiet and peaceful Cambridge Lane, the property also includes a second parcel (Parcel ID: 24-117-24-42-0011) across the street with a two-car garage, spacious workshop, and extra parking - ideal for storage, hobbies, or possible future expansion. Whether you're seeking a cozy lakeside getaway or the perfect location to build your dream lake home, this property delivers timeless appeal and an amazing Lake Minnetonka setting. Remodel, build new or enjoy it as-is.

Listing Agent

David Gooden

Dane Arthur Real Estate Agency Listed on: 06/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100x40x100
  • 40 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Garage

Interior Spaces

  • 1,370 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Basement Storage

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Wychwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411724420014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1370
  • Water Body Name: Minnetonka
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 34x34
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Storage Space, Sump Pump, Unfinished
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Wood Burning
  • Living Area: 1370
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • View: Bay, Lake, Panoramic, West
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 14205
  • Lake Bottom: Gravel,Hard,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 675
  • ParkingOpen: 1
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Washer/Dryer Hookup

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40x100x40x100
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 2411724420011
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2411724420014
  • Tax Annual Amount: 7400
  • TaxWithAssessments: 7400.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $8,400 $749,800 $610,100 $139,700
2022 $5,883 $624,000 $496,000 $128,000
2021 $5,584 $501,000 $394,000 $107,000
2020 $5,673 $474,000 $374,000 $100,000
2019 $5,475 $448,000 $356,000 $92,000
2018 $4,973 $427,000 $332,000 $95,000
2017 $4,859 $355,000 $280,000 $75,000
2016 $4,718 $334,000 $264,000 $70,000
2015 $4,756 $334,000 $264,000 $70,000
2014 -- $311,000 $254,000 $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $895,000 -- $653 / Sq Ft
Source: NorthstarMLS

About the Listing Agent

David Gooden

Dane Arthur Real Estate Agency

(612) 260-5361

Section Image

8,000+ Transactions. $3B+ Closed Sales. 20+ Years. David Gooden is a US Navy veteran, a luxury real estate agent, and the co-founder of The Dane Arthur Real Estate Agency (formerly LakePlace.com), a pioneering force in the real estate industry. With a commitment to excellence and a deep passion for helping clients achieve their real estate goals, David has spent the past 20 years shaping the brokerage’s success.

Drawing upon his extensive background in both real estate and business

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Source: NorthstarMLS

MLS Number: 6744369

NorthstarMLS

APN: 24-117-24-42-0014