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$680,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 1,905 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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Experience the ultimate Lake Minnetonka lifestyle with this exceptional home that includes a coveted 26-foot boat slip - ready for endless days on the water. Located within a gated community featuring beautifully maintained grounds, a sparkling pool, and relaxing spa, this property offers resort-style living year-round. Inside, you'll find an inviting interior filled with upscale finishes including granite countertops, tile and wood floors, and elegant details throughout. The thoughtfully designed kitchen offers extensive storage, making entertaining and everyday living effortless. Two cozy gas fireplaces create warm, welcoming spaces to gather after a day on the lake. A one-car garage adds convenience, while the private, well-kept setting provides peace of mind. Whether you're looking for a weekend retreat or a full-time waterfront haven, this is truly an awesome pad for the lake dweller who wants comfort, style, and direct access to one of Minnesota's most sought-after lakes.

Full Property Details for 5492 Lost Lake Ln

General

  • Price: $680,000
  • HOA FEE: $696/month
  • Taxes: $7,883 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7073537
  • Updated: 5/21/2026
  • Added to Site: 6 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas, Living Room, Primary Bedroom

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Amenities: Balcony, Dock, Hardwood Floors, Hot Tub, Kitchen Window, Patio, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup
  • Shared Amenities: Hot Tub, Other
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Below-Ground, Heated, Shared

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Covered, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage

Location

  • County: Hennepin
  • Township: Mound
  • Subdivision: Villas On Lost Lake
  • Driving Directions: Shoreline Dr to Lost Lake Ct, Shoreline Dr to Lost Lake Ct, right on Lost Lake Lane, follow around to home.

School Information

  • School District: 277 - Westonka
  • High School District: Westonka

Community

  • Association: Yes
  • Assoc. Name: Sharper Management
  • Assoc. Fees Include: Hazard Insurance, Lawn Care, Maintenance Grounds, 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
  • Foundation Size: 504
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,905
  • Above Ground: 2,101 Sq. Ft.
  • Finished Down/Base.: 2,101 Sq. Ft.
  • Year Built: 2006

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Dimensions: 20 x 48
  • Frontage: City Street, Sidewalks
  • Zoning: Residential-Multi-Family

Water Features

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

Financial Considerations

  • Association Fee: $696
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $7,883
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 002 BLOCK 002 VILLAS ON LOST LAKE
  • Property ID: 1311724330107

Listed by Excelsior Realty

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— 5492 Lost Lake Ln —

  • Excelsior Realty

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NMLS#: 1598647

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Schools serving 5492 Lost Lake Ln

School District:Westonka Public School District
NameGradesDistance
Shirley Hills Primary School
2450 Wilshire Boulevard, Mound, MN 55364
PK-40.3 mi
Grandview Middle School
1881 Commerce Boulevard, Mound, MN 55364
5-70.6 mi
Mound-Westonka High School
5905 Sunnyfield Road East, Minnetrista, MN 55364
8-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5492 Lost Lake Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$680,000
40.64%
MLS
4/21/2021
Sold
$483,500
—
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 5492 Lost Lake Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,883
32%
$678,000
21%
2023
$5,963
9%
$558,800
3%
2023
$5,456
—
$544,000
13%
2023
$5,456
-5%
$482,000
6%
2020
$5,749
6%
$454,000
7%
2019
$5,424
52%
$423,000
61%
2018
$3,577
20%
$262,510
23%
2017
$2,974
-3%
$213,460
1%
2016
$3,054
—
$211,280
1%
2015
$3,050
10%
$209,100
17%
2014
$2,772
-46%
$178,580
-24%
2013
$5,099
—
$234,170
—
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 Excelsior Realty

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5492 Lost Lake Lane, Mound, MN 55364 (MLS# 7073537) is a Townhouse property with 2 bedrooms, 1 full bathroom and 2 partial bathrooms. 5492 Lost Lake Lane is currently listed for $680,000 and was received on May 18, 2026. Want to learn more about 5492 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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