540 Indian Mound Street # 1A Wayzata, MN $ 1,595,000
540 Indian Mound Street # 1A
$ 1,595,000
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540 Indian Mound Street # 1A

Wayzata, MN, 55391
$ 1,595,000
Bedrooms2 Baths2.0 Sq 1,800

Monthly Estimate*

$ 11,016

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Single Family Home for sale in Wayzata, MN

for $1,595,000 with 2 bedrooms and 2 full baths. This 1,800 square foot home was built in 1979.

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!

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Single Family Active

Price

$ 1,595,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 15,542

Style

(CC) High Rise (4+ Levels)

Year Built

1979

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

7047326

Features
General
Living Area 1800
Sewer City Sewer/Connected
Heating Hot Water
Cooling Central Air
Roof Other
Appliances Dishwasher Disposal Dryer Freezer Microwave Range Refrigerator Washer
HOA Fee 1453
Garage Spaces 1
Association Fee Includes Building Exterior Hazard Insurance Lawn Care Maintenance Grounds Parking Professional Mgmt Sanitation Sewer Shared Amenities Snow Removal Water
Pool Features None
Year Built 1979
View Lake
Levels One
Unit Number 1A
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2025
Waterfront Features Lake View
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
HOA Y
Contingency None
Full Baths 2
Directions Lake Street to North on Minnetonka Ave S Right on Indian Mound to building.
City Wayzata
Association Name Elliman Management
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 15542.48
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/nvideo-xkxky7
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Hardwood Floors Main Floor Primary Bedroom Patio Paneled Doors Porch Panoramic View Tile Floors Washer/Dryer Hookup Walk-In Closet
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Interior
Basement None
Total Fireplaces 1
Fireplace Features Gas Living Room
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1800
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Main Level In Unit Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
Bath Desc Full Primary Walk-In Shower Stall
Dining Room Description Informal Dining Room
Fuel Natural Gas
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Exterior
Parking Features Attached Garage Heated Garage Parking Garage Underground
Water Source City Water/Connected
Lot Size Area 0
Building Area Total 1800
Lot Dimensions Common
Waterfront Y/N N
Foundation Area 1800
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Private Maintained Road
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Internal Only
Street Number 1 540
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* Excluded Features
List By
Lakes Sotheby's International

Broker

debbie.mcnally@lakesmn.com

Email

Affordability Calculator

$12,311
Per Month
89%
11%
0%
Monthly Principal & Interest
$11,016
Monthly Property Taxes
$1,295
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$1,595,000 -11.14% Price Down
4/6/2026$1,795,000 Listed Price

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540 Indian Mound Street # 1A, Wayzata, MN, 55391 is a Single Family Home for sale at $1,595,000 with 1,800 sqft. 540 Indian Mound Street # 1A has 2 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 55391 which is in Wayzata, MN