Come see this once in a lifetime opportunity to own a premier condo in downtown Wayzata. Enjoy spectacular panoramic views of Wayzata Bay on Lake Minnetonka. This sun-filled south facing property offers an open layout with picturesque views of the lake and access to the patio from almost every room! This beautiful top floor unit was completely renovated with a designer and includes all high-end finishes. The gourmet kitchen offers an extra-large island with bar seating for kitchen gatherings, stone counters, high-end appliances, Sub-Zero fridge, Wolf range, and custom lighting. Updates include hardwood floors, heated tile in bathroom floors, gas fireplaces, formal living & dining areas, and a family room off of the kitchen. Enjoy the lake view from 72 feet of patio with views from every angle that sits above the only residential green space on Lake Street. This condo is located in a prime location within Wayzata with walkability to local restaurants, shops & the beach!
Closed
$3,600,000
540 Indian Mound St APT 4B, Wayzata, MN 55391
3beds
2,700sqft
High Rise
Built in 1979
-- sqft lot
$2,024,700 Zestimate®
$1,333/sqft
$3,322 Estimated rent
Home value
$2,024,700
$1.66M - $2.53M
$3,322/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 01:14am
Listed by:
Mark P. Abdel 651-283-8251,
RE/MAX Advantage Plus
Bought with:
Elizabeth C Ulrich
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6377570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19x14
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10x15
Deck
- Level: Main
- Area: 576 Square Feet
- Dimensions: 72x8
Dining room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Family room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13x16
Kitchen
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Living room
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Heating
- Baseboard, Hot Water, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
- Finished area above ground: 2,700
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Electric, Floor Drain, Garage Door Opener, Heated Garage, Secured, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: Lake, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Other, Waterfront Num(27013300), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 2,613 sqft
- Features: Wooded
Details
- Foundation area: 2700
- Parcel number: 0611722310077
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Brick/Stone, Brick
- Roof: Flat,Rubber
Condition
- Age of Property: 46
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Security
- Security features: Secured Garage/Parking
Location
- Region: Wayzata
- Subdivision: Condo 0110 Wayzata Place Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,916 monthly
- Amenities included: In-Ground Sprinkler System, Lobby Entrance, Security
- Services included: Maintenance Structure, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
- Association name: RowCal
- Association phone: 651-233-1307
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2023 | Sold | $3,600,000+2.9%$1,333/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6377570 | ||
| 6/3/2023 | Pending sale | $3,500,000$1,296/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377570 | ||
| 5/31/2023 | Listed for sale | $3,500,000+133.3%$1,296/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377570 | ||
| 11/30/2016 | Sold | $1,500,000+11.1%$556/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4769205 | ||
| 2/28/2014 | Sold | $1,350,000$500/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4451131 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 55391
Nearby schools
GreatSchools rating
- 8/10Gleason Lake Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10Wayzata West Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.2 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,024,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,024,700