Mound Homes under $250,000

Welcome to Mound, Minnesota – a hidden gem nestled on the shores of Lake Minnetonka in Hennepin County. This charming city is known for its picturesque landscapes, friendly community, and a vibrant local culture that makes it an ideal place to call home. Mound boasts a rich history, with roots dating back to the late 1800s, and it offers a unique blend of small-town charm and modern amenities.

For those seeking affordable housing options, Mound presents an exciting opportunity with homes available under $250,000. This is a rarity in today’s real estate market, making Mound an attractive destination for first-time homebuyers, families, and retirees alike. The homes in this price range come in various styles, from cozy bungalows to quaint townhomes, each offering a unique character and potential for personalization. With its affordable housing options, Mound allows residents to enjoy the benefits of homeownership without breaking the bank.

In addition to its appealing real estate, Mound is a haven for outdoor enthusiasts. The city is surrounded by beautiful parks, trails, and, of course, the stunning Lake Minnetonka, which offers endless opportunities for boating, fishing, and swimming. With a strong sense of community, excellent schools, and a variety of local shops and restaurants, Mound is more than just a place to live; it’s a place to thrive.

Discover the charm of Mound, MN, and explore the affordable housing options that await you in this delightful lakeside community!

Newest Mound Homes under $250,000

$124,900

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7153416 MLS ⋅ 644 SqFt.

Welcome to Lakewinds Yacht & Sport, where lakeside living meets comfort, convenience, and an incredible collection of amenities! This beautifully renovated unit 1-bedroom, 1-bath condo is located on the shores of Spring Park Bay on Lake Minnetonka and offers an affordable opportunity to enjoy the lake lifestyle. Inside, you’ll find modern updates throughout, including new kitchen cabinets, quartz countertops, appliances, carpeting, lighting, fixtures, A/C, disposal, dishwasher, and enhanced soundproofing. The open-concept layout connects the kitchen, dining, and living areas, creating a comfortable space to relax or entertain, while the private balcony is the perfect spot to enjoy your morning coffee or unwind at the end of the day. Step outside your door and enjoy an impressive array of resort-style amenities, including two indoor heated pools, three saunas, an exercise studio, basketball and racquetball courts, and a party room with kitchenette. Take in panoramic Lake Minnetonka views from the rooftop deck, fire up the grill at the lakeside gazebo, or spend a sunny afternoon at the swim beach. Residents also enjoy a marina sun deck, fishing areas, canoe storage, community docks, and a convenient tram connecting the gazebo to the docks and beach. Love being on the water? Owners can apply for a boat slip through management. The association fee adds even more value, covering heat, water, water heating and softening, cable TV, internet, trash, recycling, on-site maintenance, and professional management. There’s even a convenient car wash area! Whether you’re looking for a year-round home or a place to enjoy everything Lake Minnetonka has to offer, this inviting condo makes it easy to embrace a relaxed, amenity-filled lifestyle. Come see all that Lakewinds has to offer

4407 Wilshire Boulevard Unit 310, Mound

Listing courtesy of RE/MAX Results.

5410 Three Points Boulevard Unit 434, Mound

$200,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7153011 MLS ⋅ 978 SqFt.

Introducing 5410 Three Points Boulevard Unit 434 in the Seahorse Condominiums, a lakeside resort-style community on Jennings Bay on Lake Minnetonka. Step into this top-floor condo offering two bedrooms and one full bathroom across 978 finished square feet. The living room walks out to a balcony with treetop views. Enjoy docking at your own private 24-foot boat slip, able to accommodate up to a 28-foot boat. Laundry is conveniently located adjacent to the unit. The pristine park-like grounds include an indoor heated pool and sauna with a fitness area, party room, putting greens, picnic areas with grills, gardens, a private boat launch for residents, and a day dock for guests. The nearby Dakota Rail Regional Trail provides miles of walking and biking trails.

5410 Three Points Boulevard Unit 434, Mound

Listing courtesy of Compass.

5410 Three Points Boulevard Unit 425, Mound

$165,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7144389 MLS ⋅ 978 SqFt.

Exceptional value and access to Lake Minnetonka! This clean and well-cared-for 2-bedroom, 1-bath condo offers an impressive collection of amenities, including a private boat launch and day docks on Jennings Bay - making it easy to get out and enjoy the lake. While this unit does not include a private dock, residents can enjoy the community day docks, and privately licensed docks may be available to rent from other residents. The community’s 8+ acres of lakeside grounds feature picnic areas, grills, putting greens, and plenty of space to enjoy the outdoors. Inside, residents have access to an indoor pool, sauna, fitness center with locker rooms, and a recently remodeled party room perfect for entertaining. Association dues include heat, central air, water, sewer, garbage, lawn care, snow removal, hazard insurance, and exterior maintenance. The unit is also conveniently located right next to the common laundry room. All of this within walking distance of downtown Mound and the Dakota Rail Trail. A great opportunity to own a well-maintained condo with outstanding amenities and Lake Minnetonka access at an exceptional value.

5410 Three Points Boulevard Unit 425, Mound

Listing courtesy of Compass.

$239,500

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7147922 MLS ⋅ 1,209 SqFt.

Opportunity awaits at 5749 Sunset Rd! Situated on a 1/4+ acre lot in a convenient Mound location, this home offers solid bones, great space, and plenty of potential to build equity with some updates and finishing touches. The spacious living room features hardwood floors, coved ceilings, and large windows. The kitchen has already seen several updates including countertops, sink, gas range, and refreshed cabinetry. Two good-sized bedrooms with hardwood floors are located on the main level along with an updated full bath featuring tile flooring and a tiled shower surround. Downstairs, the oversized third bedroom could also function as a family room, office, or flex space, while the unfinished area offers excellent storage, workshop space, or additional future finishing potential. The lower level is drain tiled with a sump pump. An attached garage connects through a screened breezeway, and the large backyard features a deck, firepit, and plenty of room to enjoy. **This home does need some TLC, but offers a great opportunity for a buyer willing to put in some work and create instant equity.** Conveniently located near shopping, dining, groceries, lakes, and everything Mound has to offer!

5749 Sunset Road, Mound

Listing courtesy of RE/MAX Advantage Plus.

$130,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7122693 MLS ⋅ 910 SqFt.

2-bedroom, 1 full bath top level unit featuring marble kitchen flooring, pantry and dishwasher! Ceramic bath flooring and tub/shower surround. French doors, balcony, informal dining area and ample closet space including a walk-in closet in the primary bedroom. Direct TV and internet service included in the association dues. 1 reserved parking space. Daily use (not overnight) dock access with occasional slip lease availability. Common areas include a roof-top deck, patios, gazebo, 2 indoor pools, exercise room, sport courts, and meeting and social rooms. The Association dues cover all customary CIC expenses and all utilities except for electricity.

4371 Wilshire Boulevard Unit 305, Mound

Listing courtesy of Coldwell Banker Realty - Lakes.

5410 Three Points Boulevard Unit 411, Mound

$250,000

ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 7131274 MLS ⋅ 1,292 SqFt.

Private dock + garage on Lake Minnetonka—be in before boating season. This garden-level 2BR home includes a versatile flex room (non-conforming 3rd) and 1,200+ finished sq ft with LVP flooring in the main living area. Seahorse amenities include an indoor pool, fitness equipment, party room, guest parking and guest dock—perfect for hosting lake days. Easy, low-maintenance lake lifestyle. Step outside and the shoreline is right there. No long walks, no waiting lists, no wondering if you’ll get out on the water — just grab your keys and go.

5410 Three Points Boulevard Unit 411, Mound

Listing courtesy of Edina Realty, Inc..

$199,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7126027 MLS ⋅ 936 SqFt.

This home owns a DOCK #32 (18 foot can have up to a 22 foot boat), GARAGE #43 (great location, easily accessible, newer door and opener) Vacation at home in this wonderful 2 bedroom condo on the 3rd floor with a newer kitchen, appliances, carpet, paint, and screened in deck. The large primary bedroom has a walk in closet (there is a water hook up for a sink and vanity, potentially washer and dryer?) The condo has been beautifully maintained and move in ready. Seller has lived there for 24 years. Storage in LL #303. Dues cover EVERYTHING but electric, including all dock maintenance. All unassigned parking is for guests, includes all center spaces by the gazebo/dock area. Docks may be available to rent from other Owners. Be sure to check out this area lakeside and see all of the improved gardens, patio, gazebo, grilling area with lake views, and docks! There are 2 indoor pools, community room, and roof top deck with the best lake views and great for watching area fireworks! Also 2 indoor courts, workout room, sauna, and bathrooms with showers. Very walkable to area restaurants and Dakota Trail. There is no better way to own Lake Minnetonka lakefront with your own private dock and garage at this price!

4371 Wilshire Boulevard Unit 303, Mound

Listing courtesy of RE/MAX Results.

$134,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7099109 MLS ⋅ 945 SqFt.

Priced to sell! Take a look at this exceptional condo in the highly desirable Lakewinds community on Lake Minnetonka. This light, bright unit features beautiful lake views and a prime location. Recent updates include a refreshed bathroom with a new vanity, sink, faucet, and toilet, as well as a kitchen updated with a new dishwasher, disposal, and faucet. Lakewinds offers 700 feet of shared sandy shoreline on Lake Minnetonka. Take the unique mechanical lift to the water's edge, launch a canoe or kayak, fish from the dock, or soak in panoramic lake views from the rooftop sun deck. Just minutes from neighborhood parks, the Dakota Rail Trail, and popular waterfront dining like Fletcher's on the Lake, this is lakeside living at its finest. Residents enjoy resort-style amenities, including: - Two indoor pools - Basketball and racquetball courts - Workout facility and sauna - Party room and sun decks - Picnic area with a gazebo - Private lakeside beach The property includes an assigned parking spot and convenient laundry facilities. Guest parking is available throughout. Garage space and boat slip are not included in the sale. Availability and terms are arranged separately and are not part of the transaction. Association dues are comprehensive, covering cable TV, high-speed internet, heating, water, sewer, sanitation, snow removal, outside maintenance, and professional management. A quick closing is possible. Please schedule all showings through ShowingTime. The buyer's agent is to verify all measurements.

4387 Wilshire Boulevard Unit 106, Mound

Listing courtesy of Affordable Hom Realty.

5440 Three Points Boulevard Unit 523, Mound

$215,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7087932 MLS ⋅ 978 SqFt.

Enjoy easy Lake Minnetonka living!! The association fee covers heat, central air, water, sewer, garbage service, lawn care, snow removal, hazard insurance, and exterior maintenance. Detached spacious Garage stall (#55) is included. This very clean 2-bed, 1-bath top-floor unit offers newer vinyl plank flooring, stainless steel appliances, and new windows. Amenities include an indoor pool, sauna, fitness room, remodeled party room, outdoor grilling areas, and 8 acres of beautifully maintained lakeside grounds with picnic spots. There’s also a private boat launch and day docks for guests. You’re within walking distance of Mound’s dining options, groceries, and the Dakota Trail, with lakeside fun and local events just minutes away. Lake Minnetonka living made simple!

5440 Three Points Boulevard Unit 523, Mound

Listing courtesy of Pemberton RE.

4397 Wilshire Boulevard Unit E305, Mound

$199,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7084312 MLS ⋅ 892 SqFt.

Boat Slip Included | Prime Lakewinds Location on Lake Minnetonka Enjoy effortless lake living in this beautifully updated 2-bedroom condo in the highly sought-after Lakewinds community. Perfectly positioned just steps from the water, this unit offers stunning Lake Minnetonka views from the screened porch and unmatched proximity to docks, patios, gazebo, grills, and lakefront amenities—no long walks here. The included 16-foot dock slip (fits up to a 20’ boat) makes getting on the water simple and convenient. Inside, you’ll find a bright, open layout with a spacious living room, updated kitchen with stainless steel appliances, and seamless flow to the dining area—ideal for relaxing or entertaining. The large primary bedroom features a generous walk-in closet, while thoughtful updates throughout create a comfortable, move-in-ready space. Located on the 3rd floor, this unit captures expansive lake views that truly set it apart. Optional turnkey opportunity – available fully furnished. Resort-style amenities include: Indoor pool Sauna Basketball & racquetball courts Lakefront patios & grills Trolley service to docks Whether you're looking for a weekend retreat or a year-round home, this is one of the best values on Lake Minnetonka. Don’t miss this rare opportunity for true lakefront living with a boat slip included.

4397 Wilshire Boulevard Unit E305, Mound

Listing courtesy of Re/Max Advantage Plus.

$154,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7073927 MLS ⋅ 942 SqFt.

**Please check back - professional photos coming soon** Discover the perfect blend of modern comfort and lakeside living without the expense. This updated 2-bedroom, 1-bath unit is move-in ready with stylish new plant flooring and plush carpet (installed just two years ago), upgraded lighting throughout and fresh paint. The sleek kitchen features newer stainless steel appliances, stunning quartz countertops and backsplash, a convenient breakfast bar and plenty of natural light streaming into the sun-lit living room and private deck. Enjoy exclusive access to 700' of Lake Minnetonka and your own community dock for swimming and boating! The building boasts unbeatable amenities, including a rooftop deck Crow's Nest with long water views, other amenities in the community include swim beach, lakeside patios, indoor pools, sauna, fitness center, and basketball/racquetball courts. Host friends in the beautiful lakeside sun deck with grills and a gazebo. Or relax in the community room with the big screen TV, kitchenette and wet bar. This prime location offers everything you need for year-round relaxation and recreation. Please note the association dues cover gas, snow removal, outside maintenance, water/sewer, cable tv and internet.

4379 Wilshire Boulevard Unit 208, Mound

Listing courtesy of Coldwell Banker Realty.

$184,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7065736 MLS ⋅ 1,005 SqFt.

Experience lake living at its best in this beautifully updated condo in the highly desirable Lakewinds community on Lake Minnetonka. Perfectly positioned just steps from water, this prime-location unit offers immediate access to patios, gazebo, grills, docks, and even a lift to the lake-making it far more convenient than units with longer walks. This spacious 2-bedroom condo is larger than most in the complex and has been thoughtfully updated throughout. The kitchen features modern countertops, updated cabinetry, and newer appliances, along with a full wall of built-in cabinets that includes a dedicated desk and office area-perfect for working from home or staying organized. The unit also includes a covered carport (No. 169) along with additional community parking. The bathroom has been stylishly renovated with updated title, and the unit includes a built-in bench with storage for everyday convenience. Beautiful luxury vinyl plank flooring runs throughout, offering durability and easy maintenance, while air conditioner was newly installed last year for added peace of mind. Enjoy resort-style amenities just steps away from your door, including an indoor pool, sauna, fitness center, racquetball court, and weight room. Whether you're looking for a year-round residence or a relaxing retreat, this condo truly feels like a vacation home in the Twin Cities. Come see this exceptional property for yourself and experience everything Lake Minnetonka living has to offer!

4397 Wilshire Boulevard Unit 103, Mound

Listing courtesy of Re/Max Advantage Plus.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.