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$485,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,154 Sq. Ft.
  • 2 Car Garage
  • Updated 7 hours ago

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Open House: 2:00 PM - 3:00 PM

Sunday 2/8 2:00 PM - 3:00 PM

5449 Lost Lake Lane,Mound, MN 55364

5449 Lost Lake LaneMoundMN55364

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Welcome to 5449 Lost Lake Lane, offering maintenance-free living with Lake Minnetonka access in the heart of Mound. This 2-bedroom, 2-bathroom townhouse features 1,154 square feet of well-designed living space, a 2-car garage, quality finishes including hardwood floors and granite countertops, and an open floor plan that opens to a spacious deck for outdoor enjoyment. The association provides shared amenities including a pool, hot tub, and cabana with kitchen for seasonal use. The lower-level second bedroom offers flexible space suitable for a guest room, home office, exercise area, or hobby room. The property includes a city-issued dock slip through the City of Mound dock program, currently held by the seller and transferable to the new owner at closing. The slip accommodates boats up to approximately 30 feet, includes power and water, and is accessed via a dredged channel suitable for a variety of watercraft. Dock fees are paid annually and are offered at a significantly reduced rate for Lost Lake Villas owners. Enjoy convenient access to an extensive network of nearby walking and biking trails, including the Greenway to Wayzata, the Andrew Sisters Trail, and connections to the Dakota Junction Trail in Mound, providing access west toward local destinations for dining, wineries, farms, and seasonal events. City-maintained trail access also provides seasonal lake connectivity for winter recreation. Lost Lake Channel offers a natural setting with regularly observed local wildlife and year-round activity. Summer views often include waterfowl and shoreline wildlife, while winter months commonly bring cross-country skiers and seasonal trail users passing through the channel toward Lake Minnetonka. A well-maintained community, flexible living spaces, trail connectivity, and included dock access make this home a unique Lake Minnetonka opportunity.

Full Property Details for 5449 Lost Lake Ln

General

  • Price: $485,000
  • HOA FEE: $505/month
  • Taxes: $4,645 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7017315
  • Updated: 2/5/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Upper Level, Upper Level

Additional Information

  • Amenities: Deck, Dock, Kitchen Center Island, Kitchen Window, Patio, Boat Slip, Washer/Dryer Hookup
  • Shared Amenities: Boat Slip, Dock, Hot Tub
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Below-Ground, Heated, Outdoor, Shared

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 21 x 20
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage

Location

  • County: Hennepin
  • Township: Mound
  • Subdivision: The Landings On Lost Lake
  • Driving Directions: Shoreline Drive to Lost Lake Court, Take a left at the "T" in the road.

School Information

  • School District: 1250 - Westonka
  • High School District: Westonka

Community

  • Association: Yes
  • Assoc. Name: Sharper Management Company
  • Assoc. Fees Include: Hazard Insurance, Maintenance Grounds, Professional Management, Recreation Facility, Sanitation, Shared Amenities, Snow Removal

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Foundation Size: 811
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,154
  • Above Ground: 1,154 Sq. Ft.
  • Year Built: 2015

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Dimensions: 124 x 30
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Channel Shore, Deeded Access, Dock, Shared

Financial Considerations

  • Association Fee: $505
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,645
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 004 BLOCK 003 THE LANDINGS ON LOST LAKE
  • Property ID: 1311724340149

Listed by Compass

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— 5449 Lost Lake Ln —

  • Compass

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NMLS#: 1598647

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Schools serving 5449 Lost Lake Ln

School District:Westonka Public School District
NameGradesDistance
Shirley Hills Primary School
2450 Wilshire Boulevard, Mound, MN 55364
PK-40.2 mi
Grandview Middle School
1881 Commerce Boulevard, Mound, MN 55364
5-70.7 mi
Mound-Westonka High School
5905 Sunnyfield Road East, Minnetrista, MN 55364
8-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5449 Lost Lake Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$485,000
83.36%
MLS
7/13/2018
Sold
$264,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5449 Lost Lake Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,645
2%
$430,000
-2%
2023
$4,574
8%
$438,700
2%
2023
$4,246
—
$431,000
34%
2023
$4,246
28%
$322,000
23%
2020
$3,328
10%
$261,420
11%
2019
$3,036
-8%
$235,260
-3%
2018
$3,294
22%
$243,000
24%
2017
$2,708
414%
$196,000
553%
2016
$527
-1%
$30,000
—
2015
$531
-19%
$30,000
-14%
2014
$658
—
$35,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5449 Lost Lake Lane, Mound, MN 55364 (MLS# 7017315) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 5449 Lost Lake Lane is currently listed for $485,000 and was received on February 05, 2026. Want to learn more about 5449 Lost Lake Lane? Do you have questions about finding other Townhouse real estate for sale in Mound? You can browse all Mound real estate or contact a Coldwell Banker agent to request more information.

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