Please note: This property consists of 2 parcels. Parcel 1 is 5.2.9 Acres and Parcel 2 is .74 Acres.
CAUTION! You won’t want to leave…
Set at the end of a quiet cul-de-sac on Hardscrabble Point, this thoughtfully designed classic Craftsman-style home is carefully tucked into the topography of a rare private peninsula on Lake Minnetonka—offering 550 feet of shoreline, sweeping panoramic views of water and light, and an unmatched sense of privacy.
As you arrive, you wind past a 5.3-acre nature preserve of protected woods and wetlands—creating a natural buffer from the outside world. The setting feels intentional, almost as if it quietly invites you to leave behind the weight of the day… holding it there until you’re ready to pick it back up again.
Pulling into the drive, you may find yourself pausing—as you often do—caught off guard by the shift. The stillness. The light. The subtle rhythm of the water surrounding you. Whatever it is, it’s consistent… and it’s yours.
You’re home.
Inside, the residence is designed to capture and reflect the ever-changing moods of the lake. Sunlight dances across the interior, refracted off the water, creating a living, breathing atmosphere that evolves throughout the day. Nearly every room is intentionally oriented to maximize mile-long views across thousands of acres of open water.
With five bedrooms and six bathrooms, the home blends refined craftsmanship with relaxed livability. A main-level owner’s suite, private elevator, and open-concept living spaces offer both comfort and function. The chef’s kitchen features Thermador appliances, Cambria surfaces, and a butler’s pantry—ideal for both everyday living and effortless entertaining.
Seamless indoor-outdoor living extends to a screened porch with fireplace, lakeside terrace, gas fire table, and pergola. A rare boathouse adds character and opportunity—perfect for storage or the potential to create a one-of-a-kind lakeside retreat.
Additional features include an oversized three-car garage with epoxy floors, Pella windows, Kohler in-wall fixtures, backup generator, and extensive professional landscaping.
This is more than a property—it’s a place where time slows, perspective sharpens, and the connection to the water becomes part of everyday life.
The presence to the water here is rare.
Come Home To Vacation.
Active
$4,695,000
3500 Lythrum Way, Mound, MN 55364
5beds
5,276sqft
Est.:
Single Family
Built in 2019
6 Acres Lot
$-- Zestimate®
$890/sqft
$-- HOA
What's special
Gas fire tableScreened porch with fireplaceOpen-concept living spacesRare boathouseLakeside terraceClassic craftsman-style homePrivate elevator
- 15 days |
- 2,044 |
- 109 |
Zillow last checked:
Listing updated:
Listed by:
Timothy C Lovett 952-933-4030,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7027075
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
Bedroom
- Level: Main
- Area: 294 Square Feet
- Dimensions: 21x14
Bedroom 2
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 4
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 5
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11x13
Bathroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Other
- Level: Lower
- Area: 234 Square Feet
- Dimensions: 18x13
Bonus room
- Level: Upper
- Area: 63 Square Feet
- Dimensions: 7x9
Deck
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Dining room
- Level: Main
- Area: 324 Square Feet
- Dimensions: 18x18
Family room
- Level: Lower
- Area: 806 Square Feet
- Dimensions: 26x31
Garage
- Level: Lower
- Area: 682 Square Feet
- Dimensions: 31x22
Kitchen
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Laundry
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Living room
- Level: Main
- Area: 306 Square Feet
- Dimensions: 17x18
Office
- Level: Main
- Area: 72 Square Feet
- Dimensions: 8x9
Other
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Patio
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16x16
Screened porch
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Storage
- Level: Lower
- Area: 168 Square Feet
- Dimensions: 14x12
Walk in closet
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine Cooler
- Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Basement: Daylight,Drain Tiled,Finished,Concrete,Sump Pump,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Double Sided, Family Room, Gas, Living Room
Interior area
- Total structure area: 5,276
- Total interior livable area: 5,276 sqft
- Finished area above ground: 4,026
- Finished area below ground: 1,250
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (31x22), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: More Than 2 Stories
- Patio & porch: Deck, Patio, Porch, Screened
- Pool features: None
- Has view: Yes
- View description: Bay, North, Panoramic
- Has water view: Yes
- Water view: Bay
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 550
Lot
- Size: 6 Acres
- Features: Irregular Lot, Island/Peninsula, Tree Coverage - Light
Details
- Additional structures: Boat House
- Foundation area: 2263
- Additional parcels included: 2611724240018
- Parcel number: 2611724210007
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Hessburg 2nd Add
HOA
- Has HOA: No
Location
- Region: Mound
Financial & listing details
- Price per square foot: $890/sqft
- Tax assessed value: $4,193,300
- Annual tax amount: $48,164
- Date on market: 4/6/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $4,695,000+25.2%$890/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7027075 Report a problem | ||
| 7/12/2023 | Sold | $3,750,000+0.7%$711/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363380 Report a problem | ||
| 5/22/2023 | Pending sale | $3,725,000$706/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363380 Report a problem | ||
| 5/15/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6363380 Report a problem | ||
| 5/14/2023 | Listed for sale | $3,725,000-1.3%$706/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363380 Report a problem | ||
| 11/10/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6231802 Report a problem | ||
| 8/5/2022 | Price change | $3,775,000-4.4%$716/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6231802 Report a problem | ||
| 7/8/2022 | Listed for sale | $3,950,000-1.2%$749/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6231802 Report a problem | ||
| 5/8/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6170156 Report a problem | ||
| 5/3/2022 | Price change | $3,999,000-4.7%$758/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6170156 Report a problem | ||
| 4/1/2022 | Listed for sale | $4,195,000+426.3%$795/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6170156 Report a problem | ||
| 10/25/2018 | Sold | $797,000+0.1%$151/sqft |
Source: Public Record Report a problem | ||
| 9/27/2018 | Pending sale | $796,000$151/sqft |
Source: Coldwell Banker Burnet - Wayzata #4978257 Report a problem | ||
| 9/27/2018 | Price change | $796,000-11.1%$151/sqft |
Source: Coldwell Banker Burnet - Wayzata #4978257 Report a problem | ||
| 11/5/2017 | Price change | $895,000-10.1%$170/sqft |
Source: Coldwell Banker Burnet - Wayzata #4848710 Report a problem | ||
| 6/29/2017 | Listed for sale | $995,000$189/sqft |
Source: Coldwell Banker Burnet #4848710 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $42,421 +3.1% | $4,193,300 +10.4% |
| 2024 | $41,155 +20.8% | $3,799,800 -1.6% |
| 2023 | $34,063 +16.4% | $3,861,400 +13.3% |
| 2022 | $29,256 +1.1% | $3,408,000 +35.5% |
| 2021 | $28,946 +237.8% | $2,515,000 +2.3% |
| 2020 | $8,570 -70.4% | $2,458,000 +230.8% |
| 2019 | $28,946 +237.8% | $743,000 +4.9% |
| 2018 | $8,570 -6% | $708,000 +6.9% |
| 2017 | $9,121 -2.3% | $662,000 |
| 2016 | $9,339 -1.9% | $662,000 +7.5% |
| 2015 | $9,521 +5.7% | $616,000 +2% |
| 2014 | $9,006 -3.7% | $604,000 -3.7% |
| 2013 | $9,353 -7.5% | $627,000 -11.4% |
| 2012 | $10,113 +3.4% | $708,000 -6.2% |
| 2011 | $9,785 +7.3% | $755,000 |
| 2010 | $9,118 +15.7% | $755,000 +11.2% |
| 2009 | $7,879 | $678,800 |
Find assessor info on the county website
Monthly payment
Est. payment
$28,790/mo
Principal & interest
$24212
Property taxes
$4578
More affordability tools
Climate risks
Neighborhood: 55364
Nearby schools
GreatSchools rating
- 9/10Shirley Hills Primary SchoolGrades: K-4Distance: 1.6 mi
- 9/10Grandview Middle SchoolGrades: 5-7Distance: 2 mi
- 9/10Mound-Westonka High SchoolGrades: 8-12Distance: 2.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minnetrista
- 55364
- 3500 Lythrum Way
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