540 Indian Mound Street #1A Wayzata, MN 55391 - Lake Minnetonka
For Sale MLS# 7047326
2 beds 2 baths 1,800 sq ft Condo
Details for 540 Indian Mound Street #1A
MLS# 7047326
Description for 540 Indian Mound Street #1A, Wayzata, MN, 55391 - Lake Minnetonka
Discover this breathtaking south-facing two-bedroom condo at the prestigious Wayzata Place, perfectly positioned with sweeping views of Wayzata Bay and Lake Minnetonka.Enter inside to an inviting open-concept layout that seamlessly connects the kitchen, casual dining area, and living room. A cozy gas fireplace serves as the centerpiece of the living space, creating the perfect setting for relaxing evenings.Outside, unwind on your private ground-floor screened patio, where you can enjoy stunning views of the lake and breathtaking sunsets over Lake Minnetonka.Building amenities enhance the lifestyle, offering an underground heated garage, secure bike racks, and a recently renovated fitness center. A beautifully remodeled guest suite is also available for visiting guests.Best of all, this exceptional condo puts you in the heart of downtown Wayzata. You’re right by the city’s finest restaurants, boutique shops, and vibrant waterfront.Don’t miss this rare opportunity to own a one-of-a-kind home in one of the most desirable locations on Lake Minnetonka. Schedule your private showing today!
Listing Information
Property Type: Residential, High Rise (4+ Levels)
Status: Active
Bedrooms: 2
Bathrooms: 2
Square Feet: 1,800 sq ft
Year Built: 1979
Foundation: 1,800 sq ft
Garage: Yes
Stories: 1 Story
Property Attached: Yes
County: Hennepin
Days On Market: 24
Construction Status: Previously Owned
School Information
District: 284 - Wayzata
Room Information
Main Floor
Bedroom 1: 17x12
Bedroom 2: 13x10
Dining Room: 09x09
Kitchen: 12x09
Laundry: 14x05
Living Room: 23x19
Office: 14x11
Screened Porch: 19x08
Bathrooms
Full Baths: 2
Additonal Room Information
Family: Main Level
Dining: Informal Dining Room
Laundry: In Unit, Washer Hookup, Main Level
Bath Description: Full Primary,Walk-In Shower Stall
Interior Features
Square Footage above: 1,800 sq ft
Appliances: Range, Refrigerator, Washer, Freezer, Dishwasher, Disposal, Dryer, Microwave
Fireplaces: 1, Living Room, Gas Burning
Additional Interior Features: Ceiling Fan(s), Hardwood Floors, Walk-In Closet, Washer/Dryer Hookup, Paneled Doors, Main Floor Laundry, Tile Floors, Main Floor Bedroom, Main Floor Primary
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 1
Parking Description: Parking Garage, Underground Garage, Attached Garage, Heated Garage
Exterior: Brick/Stone
Roof: Other
Lot View: Lake
Lot Dimensions: Common
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Panoramic View, Porch, Patio, Road Frontage - Sidewalks, Curbs, City, Paved Streets
Waterfront Details
Standard Water Body: Lake Minnetonka
DNR Lake ID: 27013300
Water Front Features: Lake View
Lake Acres: 14,206
Lake Depth: 113 Ft.
Community Features
Community Features: Exercise Room, Guest Suite
HOA Dues Include: Lawn Care, Outside Maintenance, Parking Space, Professional Mgmt, Hazard Insurance, Building Exterior, Snow Removal, Sanitation, Shared Amenities, Water, Sewer
Pets Allowed: Yes
Homeowners Association: Yes
Association Name: Elliman Management
HOA Dues: $1,453 / Monthly
Driving Directions
Lake Street to North on Minnetonka Ave S, Right on Indian Mound to building.
Financial Considerations
Covenants/Deed Restrictions: Pets - Dogs Allowed, Pets - Cats Allowed, Rentals not Permitted
Tax/Property ID: 0611722310069
Tax Amount: 15542.48
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Lakes Sotheby's International
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, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 540 Indian Mound Street #1A
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 540 Indian Mound Street #1A
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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