LKV Realty
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$1,595,000
$6,000Reward *
540 Indian Mound Street 1A, Wayzata, MN 55391Listing ID 7047326

540 Indian Mound Street 1A, Wayzata, MN 55391

Active
Time on site: 133 daysLast updated: Jul 17, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
(CC) High Rise (4+ Levels)
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,800
Days on Site
Days on Site
30
Cooling
Cooling
Central Air
Heating
Heating
Hot Water
Year Built
Year Built
1979
Garages
Garages
1
Parking
Parking
Attached Garage, Heated Garage, Parking Garage, Underground

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!

Property Information

Property Details

Location

Address
540 Indian Mound Street
County
Hennepin
City
Wayzata
Zip Code
55391
School District
Wayzata

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,800
Year Built
1979
Foundation
8 ft+ Pour
Roof
Other

Property Taxes

Tax Annual Amount
$15,542
Tax Year
2025

Homeowner Association

HOA Fee
$1,453
HOA Fee Frequency
Monthly
Lakes Sotheby's International, (952) 230-3101

Market Report for 55391

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 10:19 AM UTC. 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.

For corrections to this data please contact Brytecore MLS Support.

NST502016247 • NST500501969