$1,139,000
SOLD AUG 27, 2026

5485 Lost Lake Ln Mound, MN 55364

Mound Area
3 Beds
2.5 Baths
2,439 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: August 27, 2026

$467 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Lake Front
  • Docks
  • Heated Floors
  • Shirley Hills Primary School Rated A
  • Heated In Ground Pool
  • End Unit

About This Home

As of August 2026

Turn-key main-level living townhome in a highly sought-after Lake Minnetonka community! Designed for comfort and convenience, this open-concept home features soaring vaulted ceilings, abundant natural light, and an updated kitchen with a large center island, perfect for everyday living and entertaining.

The spacious main-level primary suite offers a walk-in closet and a private spa-inspired bath complete with dual vanities, a soaking tub, and a separate walk-in shower. A dedicated main-floor laundry room adds to the ease of one-level living. Step outside to the inviting main-level patio and three-season porch with Phantom screens—an ideal space to relax, entertain, or enjoy the fresh air throughout the seasons. In-floor heat extends throughout the main level. Fully finished, heated three-car garage.

Upstairs, you'll find a comfortable loft that makes an ideal second living area, along with two additional bedrooms, a full bath, an office nook, and a second three-season porch featuring Phantom screens, offering even more space to unwind.

Residents enjoy exceptional association amenities, including a beautifully maintained outdoor pool and hot tub. Offering low-maintenance living in an unbeatable Lake Minnetonka location, this home truly checks every box.

Move right in and start enjoying the carefree Lake Minnetonka lifestyle you've been waiting for!

Last Agent to Sell the Property

Scott Stabeck

Coldwell Banker Realty Brokerage Phone: 6127475863 Listed on: 07/23/2026

Coldwell Banker Realty

Co-Listed By

Candice Stabeck

Coldwell Banker Realty Brokerage Phone: 6127475863

Last Buyer's Agent

Traci Peterson

Edina Realty, Inc.

Edina Realty, Inc.
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,154

Year Built

  • Built in 2014

Lot Details

  • Lake Front
  • End Unit
  • Cul-De-Sac
  • Few Trees

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Patio Home
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Fiberglass Siding
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 2,439 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Heated Floors
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Docks
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 1311724330165

Community Details

Overview

  • Association fees include building exterior, hazard insurance, ground maintenance, professional mgmt, sanitation, snow removal
  • New Concepts Association, Phone Number (952) 922-2500
  • The Landings On Lost Lake Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,154

Year Built

Built in 2014

Lot Details

3,920 Sq Ft Lot

HOA Fees

$700 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: (TH) Side x Side
  • Cooling System: Central Air
  • Outside Features: Stone, Cement Board, Fiber Board
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Other
  • Fee Frequency: Monthly
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2439
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6127475863
  • NST_SingleFamilyTownhouseType: End Unit
  • NST_SingleFamilySubType: Patio Home
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2439
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor, Shared
  • Fencing: None
  • View: Bay, Harbor, South, West
  • Foundation Details: Poured Concrete, Slab
  • PatioPorchType: Covered, Front Porch, Patio, Porch, Rear Porch, Screened

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Finished Garage, Heated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Main Level
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
  • Phone: 9529222500
  • Association Fee: 700
  • Association: Yes

Association/Amenities

  • HOA Management Co: New Concepts

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 9524918001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: E59X67X64X67
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1311724330165
  • Tax Annual Amount: 12154
  • TaxWithAssessments: 12154

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front, Lake View

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2026
Closed on
Aug 27, 2026
Sold by
Milliren Guy L and Milliren Shannon M
Bought by
Seller's Agent
Scott Stabeck
Coldwell Banker Realty
Buyer's Agent
Traci Peterson
Edina Realty, Inc.
List Price
$1,195,000
Sold Price
$1,139,000
Premium/Discount to List
-$56,000
-4.69%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.26%

Purchase Details

Closed on
Feb 27, 2024
Sold by
Milliren Guy L and Milliren Shannon M
Bought by
Milliren Guy L and Milliren Shannon M

Purchase Details

Closed on
Oct 20, 2017
Sold by
Vanthournout Mitzi
Bought by
Milliren Guy L and Milliren Sally L

Purchase Details

Closed on
Nov 17, 2016
Sold by
Vanthornout Jeffrey Allen
Bought by
Vanthornout Mitzi Gail

Purchase Details

Closed on
May 1, 2015
Sold by
Lost Lake Homes & Marina Llc
Bought by
Vanthournout Jeffrey and Vanthournout Mitzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mound, MN

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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
Warranty Deed $500 None Listed On Document
Warranty Deed $667,500 Burnet Title
Interfamily Deed Transfer -- None Available
Warranty Deed $625,000 Burnet Title
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 $400,000 Adjustable Rate Mortgage/ARM
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
08/27/2026 08/27/26 Sold $1,139,000 -4.7% $467 / Sq Ft
08/14/2026 08/14/26 Pending -- -- --
07/24/2026 07/24/26 For Sale $1,195,000 -- $490 / Sq Ft
Source: NorthstarMLS

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 $12,154 $973,400 $545,000 $428,400
2024 $11,874 $974,800 $562,000 $412,800
2023 $10,561 $919,300 $503,000 $416,300
2022 $9,929 $885,000 $463,000 $422,000
2021 $9,246 $783,000 $418,000 $365,000
2020 $7,476 $733,000 $380,000 $353,000
2019 $7,102 $574,000 $233,000 $341,000
2018 $7,623 $544,000 $200,000 $344,000
2017 $7,771 $551,000 $200,000 $351,000
2016 $7,311 $508,000 $200,000 $308,000
2015 $638 $36,000 $36,000 $0
2014 -- $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7112652

NorthstarMLS

APN: 13-117-24-33-0165

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