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!
Active
$1,595,000
540 Indian Mound St APT 1A, Wayzata, MN 55391
2beds
1,800sqft
(CC) High Rise (4+ Levels)
Built in 1979
-- sqft lot
$-- Zestimate®
$886/sqft
$1,453/mo HOA
What's special
Cozy gas fireplacePrivate ground-floor screened patioSouth-facing two-bedroom condoBeautifully remodeled guest suiteInviting open-concept layout
- 147 days
- 498
- 8
Zillow last checked:
Listing updated:
Listed by:
Debbie McNally 612-388-1790,
Lakes Sotheby's International,
Pamala Kaye-Williams 218-232-4951
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Dining room
- Level: Main
- Area: 81 Square Feet
- Dimensions: 09x09
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x09
Laundry
- Level: Main
- Area: 70 Square Feet
- Dimensions: 14x05
Living room
- Level: Main
- Area: 437 Square Feet
- Dimensions: 23x19
Office
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Screened porch
- Level: Main
- Area: 152 Square Feet
- Dimensions: 19x08
Heating
- Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level, In Unit, Washer Hookup
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Heated Garage, Garage, Underground
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Details
- Foundation area: 1800
- Parcel number: 0611722310069
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) High Rise (4+ Levels)
- Attached to another structure: Yes
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $1,453 monthly
- HOA name: Elliman Management
- HOA phone: 952-210-3383
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $886/sqft
- Annual tax amount: $15,542
- Date on market: 4/6/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $1,595,000-11.1%$886/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7047326 Report a problem | ||
| 4/6/2026 | Listed for sale | $1,795,000+38.1%$997/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047326 Report a problem | ||
| 6/15/2022 | Sold | $1,300,000+15.1%$722/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6195847 Report a problem | ||
| 6/9/2022 | Pending sale | $1,129,000$627/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6195847 Report a problem | ||
| 6/9/2022 | Listed for sale | $1,129,000$627/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6195847 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55391
- $799,1001 bd1 ba860 sqft540 Indian Mound St E UNIT 6-B, Wayzata, MN 55391Off Market
- $1,497,4003 bd2 ba1.8k sqft540 Indian Mound St E #1D, Wayzata, MN 55391Off Market
- $1,300,0002 bd1 ba1.3k sqft540 Indian Mound St E #1-C, Wayzata, MN 55391Sold
- $2,277,3003 bd2 ba2.3k sqft540 Indian Mound St E #2C, Wayzata, MN 55391Off Market
Similar homes
- $1,825,0002 bd3 ba2.3k sqft222 Ferndale Rd S Unit 303, Wayzata, MN 55391For Sale
MLS ID #7126415, Elizabeth C Ulrich, Compass. NorthstarMLS as distributed by MLS GRID - $1,795,0002 bd3 ba2.2k sqft222 Ferndale Rd S Unit 304, Wayzata, MN 55391For Sale
MLS ID #7019428, Elizabeth C Ulrich, Compass. NorthstarMLS as distributed by MLS GRID - $1,875,0003 bd3 ba2.4k sqft222 Ferndale Rd S Unit 206, Wayzata, MN 55391For Sale
MLS ID #7117624, Elizabeth C Ulrich, Compass. NorthstarMLS as distributed by MLS GRID - $999,9002 bd2 ba1.3k sqft875 Lake St N APT 212, Wayzata, MN 55391For Sale
MLS ID #7112833, Brian D Scates, Scates Real Estate, LLC. NorthstarMLS as distributed by MLS GRID - $2,200,0002 bd3 ba2.2k sqft935 Lake St E Unit 202, Wayzata, MN 55391For SaleMLS ID #7113687, Elizabeth C Ulrich, Compass. NorthstarMLS as distributed by MLS GRID
- $985,0002 bd2 ba1.3k sqft222 Ferndale Rd S Unit 208, Wayzata, MN 55391For SaleMLS ID #7042741, Elizabeth C Ulrich, Compass. NorthstarMLS as distributed by MLS GRID
- $1,503,8001 bd2 ba981 sqft201 Lake St E #111, Wayzata, MN 55391For SaleMLS ID #7120535, Milton H Seifert, US Brokerage, LLC. NorthstarMLS as distributed by MLS GRID
- $990,0005 bd2 ba2.4k sqft126 Circle A Dr S, Wayzata, MN 55391For SaleMLS ID #7109793, Mimi Ryerse, Edina Realty, Inc.. NorthstarMLS as distributed by MLS GRID
- $999,9004 bd4 ba2.6k sqft18065 Berry Ln, Deephaven, MN 55391For SaleMLS ID #7135753, Eric T Utoft, Engel & Volkers Lake Minnetonka. NorthstarMLS as distributed by MLS GRID
- $1,650,0002 bd2 ba2.2k sqft21957 Minnetonka Blvd APT 17, Greenwood, MN 55331For SaleMLS ID #7114731, Margaret P Trenary, Trenary Realty Group. NorthstarMLS as distributed by MLS GRID
- $1,299,5002 bd2 ba1.6k sqft1111 W River Pkwy #15E, Minneapolis, MN 55415For SaleMLS ID #7133143, Henry A. Edelstein, Coldwell Banker Realty. NorthstarMLS as distributed by MLS GRID
- $1,495,0003 bd4 ba2.2k sqft5840 Christmas Lake Rd, Shorewood, MN 55331For SaleMLS ID #7103645, Joe Allen, Pemberton RE. NorthstarMLS as distributed by MLS GRID
- $1,195,0002 bd2 ba1.3k sqft20600 Carson Rd, Excelsior, MN 55331For SaleMLS ID #7095380, John C Adams, Compass. NorthstarMLS as distributed by MLS GRID
- $2,000,0002 bd3 ba2k sqft3209 Galleria Unit 1502, Edina, MN 55435For SaleMLS ID #7124489, Erik Klefsaas, National Realty Guild. NorthstarMLS as distributed by MLS GRID
- $1,495,0004 bd3 ba2.6k sqft1835 Hunter Ln, Mendota Heights, MN 55118For SaleMLS ID #6825036, Brian Convery, Norton Realty, Inc. NorthstarMLS as distributed by MLS GRID
- $859,9005 bd3 ba2.4k sqft1375 Cherry Pl, Mound, MN 55364For SaleMLS ID #7131090, Matthew Turek, RE/MAX Advantage Plus. NorthstarMLS as distributed by MLS GRID
- $849,9003 bd3 ba2.4k sqft13508 Sunset Trl, Minneapolis, MN 55441For SaleMLS ID #7117904, Andrew J Freeland, Freeland Real Estate Inc. NorthstarMLS as distributed by MLS GRID
- $965,0002 bd2 ba1.7k sqft600 S 2nd St #S302, Minneapolis, MN 55401For SaleMLS ID #7085930, Charles Ryan Cole, Coldwell Banker Realty. NorthstarMLS as distributed by MLS GRID
- $1,585,0002 bd3 ba1.8k sqft2416 Commerce Blvd #102, Mound, MN 55364New ConstructionMLS ID #7102703, Peter Prudden, Prudden & Company. NorthstarMLS as distributed by MLS GRID
- $1,495,0002 bd3 ba2.5k sqft510 Groveland Ave #304, Minneapolis, MN 55403For SaleMLS ID #7083149, Shane Spencer, Coldwell Banker Realty - Lakes. NorthstarMLS as distributed by MLS GRID
