$1,195,000
OPEN SUN 10:30AM - 12:30PM

5485 Lost Lake Ln Mound, MN 55364

Mound Area

Estimated payment $8,224/month

3 Beds
2.5 Baths
2,389 Sq Ft
$500 Price per Sq Ft

Highlights

  • Lake Front
  • Heated In Ground Pool
  • End Unit
  • Docks
  • Heated Floors
  • Covered Patio or Porch

About This Home

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 and into the 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!

Listing Agent

Scott Stabeck

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

Coldwell Banker Realty

Co-Listing Agent

Candice Stabeck

Coldwell Banker Realty Brokerage Phone: 6127475863

Open House Schedule

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
  • Cement Board or Planked

Interior Spaces

  • 2,389 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Heated Floors
  • Lake Views
  • Basement

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • 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: 2389
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6127475863
  • NST_SingleFamilyTownhouseType: End Unit
  • NST_SingleFamilySubType: Patio Home
  • Special Features: OpenHouse
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2389
  • Fireplace: Yes
  • Basement YN: Yes

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

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 $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

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
07/24/2026 07/24/26 For Sale $1,195,000 -- $500 / 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
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

About the Listing Agent

Scott Stabeck

Coldwell Banker Realty

(612) 431-9686

Section Image

Candi and Scott Stabeck of The Stabeck Group specialize in residential real estate sales on Lake Minnetonka and its surrounding communities. Warmly welcoming clients at all price points, the team’s reputation speaks to their high level of service, confidentiality and integrity: “Our commitment is to you!” Over 1,100 homes SOLD and over 150 SOLD on Lake Minnetonka.

When representing buyers and sellers, The Stabeck Group implements a highly effective marketing strategy based on up-to-date

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Source: NorthstarMLS

MLS Number: 7112652

NorthstarMLS

APN: 13-117-24-33-0165

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