2408 Commerce Boulevard, 201, Mound, MN 55364

$1,990,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,225 Status: Pending
Current Price: $1,990,000 List Date: 3/16/2026 Last Modified: 3/16/2026

Overview

Description

Lake Minnetonka Flats is a once in a lifetime offering, where the complete privacy of a boutique residence meets lake living. A new standard of lakefront luxury, each residence features two bedrooms plus library space overlooking Lost Lake, and three bathrooms. Residents will appreciate the sense of thoughtfully designed spaces, high ceilings, and floor to ceiling windows within each floorplan ranging from 1,975 to 2,225 square feet. Expansive loggias offering sweeping views and picture framed sunsets. A dedicated boat slip on Lake Minnetonka is a standard amenity with each unit along with a private indoor garage and impressive storage unit.

Listing Details MLS# 7037551

General Property Information

Assoc Mgmt Co. Phone #
952-224-4777
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Sharper Management
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront YN
Yes
Year Built
2025
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
2225
Above Grd Total SqFt
2225
Total SqFt
2225
Total Finished Sqft
2225.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(CC) Low Rise (3- Levels)
Foundation Size
2225
Association Fee
1242
Garage Stalls
2
Lot Dimensions
Common
Assessment Pending
Unknown
Acres
0
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Elevator(s); Lobby; Other Amenities Unit: Balcony; Boat Slip Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Association Fee Includes: Controlled Access; Lawn Care; Outside Maintenance; Sanitation; Security System; Snow Removal Basement: None Construction Status: Completed New Construction Exterior: Stucco Fireplace Characteristics: Gas Burning; Living Room; Other Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room Parking Characteristics: Assigned; Heated Garage; Tuckunder Garage Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2026-03-16
Contingency
None
Original List Price
1990000
ListPrice
1990000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2408
Street Name
Commerce
Street Suffix
Boulevard
Unit Number
201
Postal City
Mound
County
Hennepin
State
MN
Zip Code
55364
Complex/Dev/Subdivision
Lake Minnetonka Flats

Building Information

Finished SqFt Above Ground
2225

Lake Details

Lake Acres
14205
Lake Depth
113

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
380
Assigned
Yes
Heated Garage
Yes
Tuckunder Garage
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
TBD
Listing City
Mound
Map Page
116
Municipality
Mound
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
County Abbreviation
201
Property ID Number
TBD
Tax Year
2025
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Lake Minnetonka Flats is a once in a lifetime offering, where the complete privacy of a boutique residence meets lake living. A new standard of lakefront luxury, each residence features two bedrooms plus library space overlooking Lost Lake, and three bathrooms. Residents will appreciate the sense of thoughtfully designed spaces, high ceilings, and floor to ceiling windows within each floorplan ranging from 1,975 to 2,225 square feet. Expansive loggias offering sweeping views and picture framed sunsets. A dedicated boat slip on Lake Minnetonka is a standard amenity with each unit along with a private indoor garage and impressive storage unit.
Directions
Cty Rd 15 West of Wayzata - Downtown Mound L on Commerce

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Elevator(s)
Yes
Lobby
Yes
Other
Yes

Amenities Unit

Balcony
Yes
Boat Slip
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Association Fee Includes

Controlled Access
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Sanitation
Yes
Security System
Yes
Snow Removal
Yes

Basement

None
Yes

Construction Status

Completed New Construction
Yes

Exterior

Stucco
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes
Other
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes

Patio, Porch and Deck Features

Covered
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Prudden & Company
Last Updated: March - 16 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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