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$485,000 Sale Pending

  • For Sale
  • Pending
  • Townhouse
  • 2 Beds
  • 2 Partial Baths
  • 1,163 Sq. Ft.
  • 2 Car Garage
  • Updated 10 days ago
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Experience Lake Minnetonka living at its best with a private 30-foot permanent slip on Lost Lake, complete with water and power. Direct access to Cook's Bay and the heart of Lake Minnetonka. This two-bedroom, two-bath townhome blends comfort and quality with thoughtful updates and an ideal location with easy access to restaurants by boat, car, bike on the Dakota Trail and local paths. Wide-plank white oak hardwood floors bring warmth to the open main level, where natural light fills the living room and frames views of the surrounding trees. The gas fireplace, accompanied by a custom wood mantel, anchors the space, and the adjoining deck provides a quiet retreat overlooking the green space. The kitchen features full-height white shaker cabinets, Cambria countertops, a center island with seating, and stainless steel appliances, creating a polished and functional hub for everyday living or weekend entertaining. The lower-level suite opens to a private patio and connects to a heated, insulated garage with an added retractable screen. The garage is ideal for utilizing the space as a workshop, gym, or lounge area during the warmer months. Both bathrooms have been tastefully updated, and the home's layout strikes a balance between privacy and togetherness with ease. The Villas on Lost Lake community offers resort-style amenities, including a heated pool, hot tub, and a cabana with a full kitchen. From your slip, enjoy endless summer days on the water and easy access to the Dakota Trail, local parks, and the lakeside charm of downtown Mound. This property offers the ideal blend of low-maintenance living and the Lake Minnetonka lifestyle.

Full Property Details for 5457 Lost Lake Ln

General

  • Price: $485,000
  • HOA FEE: $507/month
  • Taxes: $4,729 (2025)
  • Status: Pending
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6811668
  • Updated: 1/5/2026
  • Added to Site: 72 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Upper Level, Washer Hookup, Upper Level, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Dock, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Paneled Doors, Boat Slip, In-Ground Sprinkler, Washer/Dryer Hookup
  • Shared Amenities: Trail(s)
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Below-Ground, Heated, Outdoor, Shared

Exterior

  • Porch/Patio/Deck: Composite Decking, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 19' 11" x 20' 4"
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt, Electric, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Tuckunder Garage

Location

  • County: Hennepin
  • Township: Mound
  • Subdivision: The Landings On Lost Lake
  • Driving Directions: Shoreline Drive to Lost Lake Court. South to Lost Lake Lane, East to Home

School Information

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

Community

  • Association: Yes
  • Assoc. Name: Sharper Management
  • 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

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Walk-Out
  • Foundation Size: 820
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,163
  • Above Ground: 1,163 Sq. Ft.
  • Year Built: 2015

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 124 x 30
  • Zoning: Residential-Single Family

Water Features

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

Financial Considerations

  • Association Fee: $507
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,729
  • Tax Year: 2025
  • Terms: Adj. Rate/Gr Payment, Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 003 THE LANDINGS ON LOST LAKE
  • Property ID: 1311724340147

Listed by Hale Properties, Inc

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Listing agent

— 5457 Lost Lake Ln —

  • Hale Properties, Inc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5457 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 5457 Lost Lake Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$485,000
-3%
MLS
11/06/2025
Listed
$500,000
7.07%
MLS
3/12/2024
Sold
$467,000
—
Public Record
Get Price Alerts and Save Property
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 5457 Lost Lake Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,729
3%
$430,700
-2%
2023
$4,586
8%
$439,900
2%
2023
$4,266
—
$433,000
34%
2023
$4,266
30%
$322,000
25%
2020
$3,274
8%
$257,060
9%
2019
$3,036
-2%
$235,260
3%
2018
$3,108
37%
$227,630
39%
2017
$2,266
330%
$164,000
447%
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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Listed by Hale Properties, Inc

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5457 Lost Lake Lane, Mound, MN 55364 (MLS# 6811668) is a Townhouse property with 2 bedrooms, 0 full bathrooms and 2 partial bathrooms. 5457 Lost Lake Lane is currently listed for $485,000 and was received on November 04, 2025. Want to learn more about 5457 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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