$2,245,000
$504K PRICE DROP

5060 Edgewater Dr Mound, MN 55364

Mound Area

Estimated payment $14,121/month

Total Views 6,334
5 Beds
3.5 Baths
4,575 Sq Ft
$491 Price per Sq Ft

Highlights

  • 40 Feet of Waterfront
  • 2 Fireplaces
  • The kitchen features windows
  • Hilltop Primary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

Experience the very best of Lake Minnetonka living in this beautifully crafted custom home offering 5 bedrooms, 4 bathrooms, and 4,575 finished square feet thoughtfully designed for both everyday comfort and effortless entertaining.
Conveniently set on a coveted gradual slope to Harrison Bay, the property provides easy access to 40 feet of shoreline featuring a private sandy beach and smooth rip rap stone steps leading into a pristine sandy lake bottom. An additional 15 feet of city-approved sandy beach expansion enhances the lakefront experience, creating the feel of approximately 55 feet of usable shoreline. The 60-foot dock comfortably accommodates two boats, making it easy to enjoy long days on the water.
An uncommon advantage on Lake Minnetonka, the home is ideally positioned next to the City of Mound Dock Program, creating approximately 30 feet of additional open buffer space between this property and the neighboring home, offering enhanced privacy and a more expansive lakeside setting.
Inside, elegant design and quality craftsmanship shine throughout. Rich natural walnut flooring, thoughtful built-ins, and expansive gathering spaces create a warm yet sophisticated atmosphere. The chef’s kitchen is anchored by an extra-tall entertaining island and features double dishwashers and sinks, making hosting effortless whether for intimate dinners or lively lake weekends.
The upper level offers four spacious bedrooms along with a dedicated office, inviting sitting room, and convenient laundry. The walkout lower level provides exceptional versatility with a private in-law suite complete with its own kitchen, bedroom, bathroom, living room, laundry, lakeside entertaining area and direct walkout access to the lake, ideal for guests, family, or multi-generational living.
Life on Harrison Bay is as vibrant as it is scenic. The active Harrison Bay Association brings neighbors together for beloved traditions including the Fourth of July boat parade. Known for its excellent water quality, the bay is perfect for swimming, boating, and endless summer fun.
Additional rare luxuries elevate this property even further, including a tuck-under garage designed to accommodate a sports car or fishing boat, two additional off-street parking spaces, the generous open buffer created by the City Dock Program, and a charming walkout covered porch, perfect for taking in peaceful lake views.
With quality swimming water, effortless lake access, uncommon privacy, and flexible living spaces, this exceptional home offers a rare opportunity to experience the ultimate Lake Minnetonka lifestyle!
Please note that the listing agent is related to the seller.

Listing Agent

Carolyn Connelly

Coldwell Banker Realty Brokerage Phone: 6122345030 Listed on: 05/11/2026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,808

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 40x210
  • 40 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Block Foundation
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Shared Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Skarp & Lindquists Glen Arbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724420020

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,808

Year Built

Built in 2010

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Cement Board
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 3359
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6122345030
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Other, Concrete, Shared Access, Sump Pump, Walkout
  • Living Area: 4575
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1216
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • View: Lake, North, Panoramic
  • Foundation Details: Block
  • Lake Bottom: Sand
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Tuckunder Garage

Utilities

  • Heating: Forced Air, Humidifier
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Dock, Ethernet Wired, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Multiple Phone Lines, Natural Woodwork, Paneled Doors, Porch, Panoramic View, In-Ground Sprinkler, Wet Bar, Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 9524918001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 40x210
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1311724420020
  • Tax Annual Amount: 20808
  • TaxWithAssessments: 20808

Multi Family

  • WaterfrontFeatures: Lake Front

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $23,897 $1,825,000 $788,000 $1,037,000
2024 $20,808 $1,639,200 $762,000 $877,200
2023 $19,015 $1,582,000 $720,200 $861,800
2022 $13,795 $1,298,000 $698,000 $600,000
2021 $12,780 $1,035,000 $537,000 $498,000
2020 $11,735 $960,000 $513,000 $447,000
2019 $11,657 $831,000 $385,000 $446,000
2018 $11,503 $815,000 $385,000 $430,000
2017 $11,149 $731,000 $359,000 $372,000
2016 $9,915 $636,000 $264,000 $372,000
2015 $10,013 $636,000 $264,000 $372,000
2014 -- $618,000 $264,000 $354,000
Source: Public Records

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
09/09/2026 09/09/26 Price Changed $2,245,000 -4.4% $491 / Sq Ft
08/18/2026 08/18/26 Price Changed $2,349,000 -6.0% $513 / Sq Ft
07/30/2026 07/30/26 For Sale $2,499,900 0.0% $546 / Sq Ft
07/27/2026 07/27/26 Off Market $2,499,900 -- --
07/19/2026 07/19/26 For Sale $2,499,900 0.0% $546 / Sq Ft
07/17/2026 07/17/26 Off Market $2,499,900 -- --
07/06/2026 07/06/26 For Sale $2,499,900 0.0% $546 / Sq Ft
07/04/2026 07/04/26 Off Market $2,499,900 -- --
06/12/2026 06/12/26 Price Changed $2,499,900 -9.1% $546 / Sq Ft
05/15/2026 05/15/26 For Sale $2,749,000 -- $601 / Sq Ft
Source: NorthstarMLS

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
Quit Claim Deed $500 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer $565,000 --
Source: Public Records

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
Previous Owner $100,000 Credit Line Revolving
Previous Owner $640,000 New Conventional
Previous Owner $395,789 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 7036495

NorthstarMLS

APN: 13-117-24-42-0020

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