$457,500
SOLD JUL 10, 2025

5451 Lost Lake Ln Mound, MN 55364

2 Beds
2 Baths
1,163 Sq Ft
$487/mo HOA Fee

Recently Sold

$393 Per Sq Ft

2% Below List Price

86 Days on Market

Highlights

  • Dock Facilities
  • Lake View
  • Deck
  • Shirley Hills Primary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of July 2025

Welcome to 5451 Lost Lake Lane, your gateway to exceptional Lake Minnetonka living. Discover unparalleled value with a guaranteed 30-foot permanent slip, complete with water and power, on Lost Lake, a true entryway to Lake Minnetonka’s Cook’s Bay. This stunning 2-bedroom, 2-bath end-unit home has been thoughtfully updated within the past five years, offering a refined blend of modern elegance and timeless comfort.

The heart of the home is a gourmet kitchen featuring crisp white shaker cabinetry, LG stainless steel appliances, including an armoire refrigerator and gas range, complemented by quartz countertops, a center island with seating, and an artfully designed hexagon tile backsplash.

Natural light fills the living space, accentuating the warmth of the gas fireplace adorned with a tile surround and a striking wood beam mantel. The home’s design not only ensures abundant sunlight but also provides a serene retreat on its 25-foot, maintenance-free deck that overlooks expansive greenspace. Each bathroom has been beautifully updated, and the lower-level bedroom suite opens gracefully to a private patio, perfect for unwinding.

Additional highlights include a 2-car insulated garage complete with a gas heater and epoxy flooring. The Villas on Lost Lake community further elevates your lifestyle with an association-maintained pool area featuring a heated pool, hot tub, and a cabana equipped with a kitchen. This is more than a home, it’s a refined lifestyle waiting to be experienced, with easy access to the Dakota Trails, City Parks, and downtown area.

Last Agent to Sell the Property

Fritz Soberay

Hale Properties, Inc Listed on: 03/20/2025

Last Buyer's Agent

Andy Asbury

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 2015

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 70 x 29

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Lake Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1311724340148

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, professional mgmt, shared amenities
  • New Concepts Management Association, Phone Number (952) 922-2500
  • The Landings On Lost Lake Subdivision

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,574

Year Built

Built in 2015

Lot Details

0

HOA Fees

$487 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Boat Slip, Dock, Spa/Hot Tub
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 1163
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1163
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Patio
  • Shared Rooms: Club House

Beds/Baths

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

Exterior Features

  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Other, Maintenance Grounds, Professional Mgmt, Shared Amenities
  • Phone: 952-922-2500
  • Association Fee: 487
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Boat Slip,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: New Concepts Management

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 70 x 29
  • Lot Size Sq Ft: 1742.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724340148
  • Tax Annual Amount: 4574
  • TaxWithAssessments: 4574.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 13, 2024
Sold by
Kellner Edith
Bought by
Rooney Jacqueline and Rooney Thomas
Seller's Agent
Scott Lindquist
Imagine Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$474,900
Sold Price
$435,000
Premium/Discount to List
-$39,900
-8.4%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Jun 3, 2024
Closed on
Sep 4, 2024
Sold by
Kellner Edith
Bought by
Rooney Jacqueline and Rooney Thomas
Seller's Agent
Scott Lindquist
Imagine Realty
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$474,900
Sold Price
$435,000
Premium/Discount to List
-$39,900
-8.4%
Views
17

Purchase Details

Closed on
Feb 28, 2023
Sold by
Kellner Edith
Bought by
Kellner Edith and Edith Kellner Trust

Purchase Details

Closed on
Mar 28, 2019
Sold by
Ryan Richard
Bought by
Kellner Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2017
Sold by
Lost Lake Homes And Marina Llc
Bought by
Ryan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $435,000 --
Warranty Deed $435,000 Burnet Title
Deed -- None Listed On Document
Warranty Deed $305,000 Executive Title
Warranty Deed $282,000 Custome Home Builders Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,000 New Conventional
Previous Owner $190,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $457,500 -2.5% $393 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $469,000 +7.8% $403 / Sq Ft
09/13/2024 09/13/24 Sold $435,000 0.0% $374 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/02/2024 07/02/24 Off Market $435,000 -- --
06/06/2024 06/06/24 For Sale $474,900 -- $408 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $4,574 $438,700 $201,200 $237,500
2022 $3,692 $431,000 $206,000 $225,000
2021 $3,441 $322,000 $125,000 $197,000
2020 $3,508 $301,000 $114,000 $187,000
2019 $3,675 $277,000 $93,000 $184,000
2018 $3,294 $250,000 $80,000 $170,000
2017 $2,266 $164,000 $100,000 $64,000
2016 $527 $30,000 $30,000 $0
2015 $531 $30,000 $30,000 $0
2014 -- $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6682010

NorthstarMLS

APN: 13-117-24-34-0148