5940 Loring Drive

Mound, MN
$ 4,200,000 Beds 5 Baths 5 Sq 6,466 Virtual Tour
Monthly Estimate* How much can I afford?

The Ultimate Lake Minnetonka Retreat is an extraordinary lake house at 5940 Loring Drive in Minnetrista, where every season feels like a vacation. Set on a quiet cul-de-sac along the open waters of Upper Lake, this beautiful retreat combines classic lake living with the comforts of a substantial year-round home. Offering nearly 6,500 finished square feet, the residence includes five bedrooms and six bathrooms with spaces designed for both everyday living and effortless entertaining. Sweeping lake views become part of the experience throughout the home, while the main-level primary suite provides the ease and privacy of one-level living. The property features a large, level yard beautifully framed by mature perennial gardens and lush landscaping. It is an ideal setting for entertaining, outdoor celebrations or simply giving children and grandchildren room to run and play. The peaceful cul-de-sac setting adds another layer of privacy and is especially appealing for families with young children. At the water’s edge, approximately 120 feet of Lake Minnetonka shoreline includes a hard-sand beach perfect for swimming and enjoying direct access to the lake. A triple-canopy boathouse with a spacious veranda overlooks Upper Lake, creating a spectacular setting for sunset views, morning coffee and long summer days on the water. Inside, the home has two distinct personalities. The main level captures the spirit of the ultimate summer beach house, filled with natural light and a relaxed lake-house feel. The great room and expansive kitchen create inviting gathering spaces, complemented by formal and informal dining areas and a dedicated home office. The walkout lower-level transforms into the ultimate winter cabin, warm and cozy after a day spent skating, snowshoeing or enjoying the frozen lake. A spacious family room centers around the fireplace, while a wet bar, pool table area, media room and wine cellar make this level equally suited for entertaining family and friends. Whether you’re boating, swimming, or entertaining in the expansive yard this home captures everything that makes Lake Minnetonka special. Located in the Westonka School District and just minutes from the shopping, dining and everyday conveniences of nearby Minnetrista, Mound and the western Lake Minnetonka communities, your new home offers a rare combination of substantial shoreline, open-water views, privacy and year-round lake living. This is more than a lake house. It is a true Lake Minnetonka retreat with everything you need to make memories year-round.

Single Family

  • Price
  • $ 4,200,000
  • City
  • Mound
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Loring Acres
  • Lot Size
  • 0.72 Acres
  • Zip
  • 55364
  • Sqr Footage
  • 6,466
  • Year Built
  • 1969
  • Taxes
  • $ 32242
  • Style
  • Single Family
  • MLS#
  • 7031984
Listed By: Lakes Sotheby's International
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 6466
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer
Garage Spaces 2
Year Built 1969
View Lake,Panoramic
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front,Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Loring Acres
Full Baths 2
Directions HWY WEST TO CTY RD 44 NORTH TO LORING DRIVE EAST TO HOME
City Minnetrista
High School District Westonka
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 32242
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Boat Slip,Tile Fl
PostalCity Mound

Interior Features

Basement Block,Finished,Full,Walkout
Total Fireplaces 2
Fireplace Features Family Room,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3321
Half Baths 2
3/4 Baths 2
Laundry Features Lower Level,Laundry Room
Total Bedrooms 5
Below Grade Finished Area 3145
Total Baths 6
Bath Desc 3/4 Basement,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath
Dining Room Description Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 24x24
Garage Square Feet 576
Waterfront Feet 120

Exterior Features

Parking Features Attached Garage,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage,Storage
Lot Features Accessible Shoreline
Water Source Private,Well
Lot Size Area 0.72
Building Area Total 6466
Lot Dimensions 100x306x120x287
Waterfront Y/N Yes
Foundation Area 3145
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/27/2026 Listed $3,800,000

Property vs Zip Code Average in 55364

Price
AVG $1.62M
$4.2M
Taxes
AVG $10,766
$32,242
Year Built
AVG 1986
1969
Visits
AVG 93
14
Data Provided by Inside Real Estate®

5940 Loring Drive Mound, MN is a Single Family Home for sale at $4200000 with 6466 sqft and a lot size of 0.72 Acres Acre(s). 5940 Loring Drive Mound has 5 bedrooms, 4 baths and was built in 1969. The property's zip code is 55364 which is in Mound, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.