5540 County Road 151, Mound, MN 55364
SOLD
MAY 4, 2026

5540 County Road 151
Mound, MN 55364

  • 4 Beds
  • 2 Baths
  • 2,616 sqft (on 2.87 acres)

$548,050

Last Sold: May 4, 2026
0% below list $550K
$210/sqft
Est. Refi. Payment $3,326/mo*

$548,050

Last Sold: May 4, 2026
0% below list $550K
$210/sqft
Est. Refi. Payment $3,326/mo*
4 Beds
2 Baths
2,616 sqft
(on 2.87 acres)

Local Information

  • Map ViewExplore the area around 5540 County Road 151.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Opportunity awaits at 5540 County Road 151 in Mound! Sitting on 2.87 acres, this unique property is currently being used as a storage facility with all leases on a month-to-month basis. Zoned residential—buyers are encouraged to contact the City of Minnetrista directly to explore potential uses and future options. Bring your vision and imagine the possibilities for this expansive parcel. Whether for redevelopment, personal use, or a new venture, this property offers space and potential in a prime location. Buyer and buyer’s agent to verify all information and conduct their own due diligence on zoning, allowable uses, and future opportunities.

Don’t miss 675 Clarence (MLS#6718150)—the adjoining property directly to the north, offering even more potential.
5540 County Road 151, Mound, MN 55364 is a 4 bedroom, 2 bathroom, 2,616 sqft single-family home built in 1912. It last sold for the $550,000 asking price on May 4, 2026. It is currently off market. The Trulia Estimate is $524,000, with a rent estimate of $3,263/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$210/sqft
Listed
180+ days ago

Home Details for 5540 County Road 151

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 16Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Bathroom, Bonus Room, Dining Room, Kitchen, Living Room, Recreation Room, Screened Porch, Utility Room, Walk In Closet
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2616 Square FeetFoundation Area: 2616
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
No CarportHas a GarageNo Attached GarageParking: Detached Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1560 Square FeetFinished Area (below surface): 1056 Square Feet

Days on Market

Cumulative Days on Market: 167

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 0111724330015

Price & Status

Price
List Price: $550,000Price Per Sqft: $210/sqft
Status Change & Dates
Off Market Date: Thu Mar 19 2026

Location

Direction & Address
City: MoundCommunity: Illies Corner
School Information
High School District: Westonka

Building

Building Area
Building Area: 2616 Square Feet

HOA

No HOA

Lot Information

Lot Area: 2.87 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6718160Above Grade Unfinished Area: 1560
Last check for updates: about 22 hours ago
Listed by Anthony M Sarenpa, (612) 805-6890
Keller Williams Premier Realty Lake Minnetonka
Bought with: Anthony M Sarenpa, (612) 805-6890, Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS as distributed by MLS GRID, MLS#6718160

Price History for 5540 County Road 151

DatePriceEventSource
05/04/2026$548,050Sold
NorthstarMLS as distributed by MLS GRID #6718160
03/19/2026$550,000PendingNorthstarMLS as distributed by MLS GRID #6718160
10/03/2025$550,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6718160

Market trends in Minnetrista

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
59
8
MoM
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Property Tax and Assessment

Year2025
Tax$5,839
Assessment$482,600
Home facts updated by county records

Comparable Sales for 5540 County Road 151

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$601,400
05/04/26
5
3
3,874
0.13
Single-Family Home
$951,000
01/30/26
5
3
3,128
0.19
Single-Family Home
$640,000
07/31/25
5
3
2,985
0.44
Single-Family Home
$490,000
05/18/26
3
2.5
3,290
0.38
Single-Family Home
$879,900
06/30/26
4
3.5
3,072
0.38
Single-Family Home
$1,020,000
12/12/25
4
3
2,703
0.72
Single-Family Home
$692,935
01/07/26
4
3
2,667
0.65
Single-Family Home
$425,000
06/16/26
3
1.5
2,304
0.36
Single-Family Home
$925,000
10/31/25
4
4
4,417

Nearby homes

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Assigned Schools

These are the assigned schools for 5540 County Road 151.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Minnetrista

At least 29 Trulia users voted on each feature.
  • 98 % Say people would walk alone at night

  • 95 % Say yards are well-kept

  • 94 % Say car is needed

  • 94 % Say parking is easy

  • 90 % Say there's wildlife

  • 86 % Say it's dog friendly

  • 84 % Say it's quiet

  • 84 % Say there's holiday spirit

  • 76 % Say neighbors are friendly

  • 74 % Say kids play outside

  • 69 % Say there are community events

  • 53 % Say streets are well-lit

  • 50 % Say they plan to stay for at least 5 years

  • 45 % Say there are sidewalks

  • 24 % Say it's walkable to restaurants

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Linda.wilkinson
    "There are great paths for walking. Very dog friendly. Dogs have to be leashed and owners need to clean up. "
  • Jenny M.
    "Trails, lake nearby, swimming pool, safe, lots of families around, Minnetonka school district, kayaking "
  • Randy
    "Very spread out homes and not much car traffic. Many homeowners have pets and are out walking them all the time."
  • Randy
    "Very private, and lakeside. Very friendly and active community. Small association but tennis and basketball courts. Docks for all homes in the neighborhood "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 5540 County Road 151

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Off Market Homes Near 5540 County Road 151

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Based on information submitted to the MLS GRID as of 2026-07-10 23:18:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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