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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.

  • Bedrooms
    2
  • Bathrooms
    1 full · 1 half
  • Year Built
    2025
  • Stories
    1.0
  • Construction Materials
    Stucco
  • Foundation
    Other
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Assigned, Heated Garage
  • Living Area
    2225.0
  • Interior Features
    Elevator
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
  • Exterior Features
    Balcony
  • Patio And Porch
    Covered
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    None

  • Lot Features
    Waterfront
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 2408 Commerce Blvd #201?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2408 Commerce Blvd #201.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 2408 Commerce Blvd #201?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $1,990,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Mound, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 2408 Commerce Blvd #201?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2408 Commerce Blvd #201 at around $11,325. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 2408 Commerce Blvd #201?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hennepin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 2408 Commerce Blvd #201?

In most cases, yes. Whether 2408 Commerce Blvd #201 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mound's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 2408 Commerce Blvd #201?

We can handle that for you. Our preferred local agent specializes in residentials in Mound and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,990,000 with 2,225 sqft of space—that comes out to approximately $894 per square foot.

How long has this property been on the market?

2408 Commerce Blvd #201 was listed on March 16, 2026, which means it's been on the market for 242 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2025, making it approximately 1 years old.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $1,242 paid monthly.

This covers access to community features including: Other, Elevator(s).

Is 2408 Commerce Blvd #201 still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 13, 2026 at 06:17PM. 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.

Last Updated: November 13, 2026 at 06:17PM | Source: NorthstarMLS | MLS#: 7037551

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