$3,600,000
540 Indian Mound Street, 4B
Wayzata, MN 55391
MLS# 6377570
Status: Closed
3 beds  |  3 baths  |  2700 sqft


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Property Description
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!

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-06-03
Contingency: None
Current Price: $3,600,000
Closed Date: 2023-07-17
Original List Price: 3500000
Sales Close Price: 3600000
ListPrice: 3500000
List Date: 2023-05-31
Office/Member Info
Association: SPAAR
MLSID: RMLS
General Property Information
# Carport Spaces: 0
Assoc Mgmt Co. Phone #: 651-233-1307
Association Fee Frequency: Monthly
Association Mgmt Co. Name: RowCal
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront Present: No
Year Built: 1979
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 0
Acres: 0.05
Bath Three Quarters: 2
Bath Half: 1
Lake/Waterfront Name: Minnetonka
Bath Quarter: 0
Main Floor Total SqFt: 2700
Above Grd Total SqFt: 2700
Below Grd Total SqFt: 0
Total Finished Sqft: 2700.00
FireplaceYN: Yes
Foundation Size: 2700
Style: (CC) High Rise (4+ Levels)
Garage Stalls: 2
Power Company: Xcel Energy
Association Fee: 1916
Bedrooms: 3
Baths Total: 3
Total SqFt: 2700
Location, Tax and Other Information
AssocFeeYN: Yes
Legal Description: CONDO NO 0110 WAYZATA PLACE CONDO APT NO 24
Listing City: Wayzata
Map Page: 104
Municipality: Wayzata
Rental License?: No
School District: Wayzata
School District Phone: 763-745-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
County Abbreviation: 4B
Lake Chain: N
Zip Plus 4: 5162
Property ID Number: 0611722310077
Tax Year: 2022
Tax Amount: 23141
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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!
Directions: Lake St to Mtka Ave to Indian Mound
Accessible
Accessible Elevator Installed: 1
Air Conditioning
Central Air: 1
Amenities Shared
In-Ground Sprinkler System: 1
Lobby: 1
Security Building: 1
Amenities Unit
Balcony: 1
Cable: 1
Deck: 1
Ethernet Wired: 1
Exercise Room: 1
Hardwood Floors: 1
In-Ground Sprinkler: 1
Intercom System: 1
Kitchen Center Island: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Natural Woodwork: 1
Panoramic View: 1
Porch: 1
Primary Bedroom Walk-In Closet: 1
Tile Floors: 1
Walk-In Closet: 1
Washer/Dryer Hookup: 1
Appliances
Cooktop: 1
Dishwasher: 1
Disposal: 1
Double Oven: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Osmosis System: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 23141
Association Fee Includes
Building Exterior: 1
Gas: 1
Hazard Insurance: 1
Heating: 1
Lawn Care: 1
Outside Maintenance: 1
Parking Space: 1
Professional Mgmt: 1
Sanitation: 1
Shared Amenities: 1
Snow Removal: 1
Basement
None: 1
Bath Description
Double Sink: 1
Main Floor 1/2 Bath: 1
Main Floor 3/4 Bath: 1
3/4 Primary: 1
Private Primary: 1
Two Primary Baths: 1
Building Information
Finished SqFt Above Ground: 2700
Construction Materials
Brick: 1
Construction Status
Previously Owned: 1
Dining Room Description
Breakfast Area: 1
Eat In Kitchen: 1
Kitchen/Dining Room: 1
Living/Dining Room: 1
Separate/Formal Dining Room: 1
Electric
Circuit Breakers: 1
Exterior
Brick/Stone: 1
Family Room Characteristics
Main Level: 1
Fencing
Partial: 1
Financing Terms
Cash: 1
Fireplace Characteristics
Family Room: 1
Gas Burning: 1
Living Room: 1
Fuel
Natural Gas: 1
Heating
Baseboard: 1
Hot Water: 1
In-Floor Heating: 1
Insurance Fee
Insurance Fee: 0
Internet Options
Cable: 1
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lake/Waterfront
Lake View: 1
Other: 1
Laundry
Gas Dryer Hookup: 1
In Unit: 1
Laundry Closet: 1
Washer Hookup: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Lot Description
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Stall ID#: 31 & 37
Assigned: 1
Floor Drain: 1
Garage Door Opener: 1
Heated Garage: 1
Secured: 1
Patio, Porch and Deck Features
Porch: 1
Pool Description
None: 1
Public Survey Info
Range#: 22
Section#: 06
Township#: 117
Restriction/Covenants
Mandatory Owners Assoc: 1
Pets - Cats Allowed: 1
Pets - Dogs Allowed: 1
Pets - Number Limit: 1
Road Frontage
City Street: 1
Paved Streets: 1
Sidewalks: 1
Roof
Flat: 1
Rubber: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Special Search
3 BR on One Level: 1
All Living Facilities on One Level: 1
Main Floor Laundry: 1
Stories
One: 1
Water
City Water/Connected: 1
Waterfront View
Lake: 1
South: 1
Location Tax and Other Information
House Number: 540
Street Name: Indian Mound
Street Suffix: Street
Unit Number: 4B
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Condo 0110 Wayzata Place Condo
Property Features
Accessible: Accessible Elevator Installed
Air Conditioning: Central Air
Amenities Shared: In-Ground Sprinkler System; Lobby; Security Building
Amenities Unit: Balcony; Cable; Deck; Ethernet Wired; Exercise Room; Hardwood Floors; In-Ground Sprinkler; Intercom System; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Panoramic View; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup
Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Water Osmosis System
Association Fee Includes: Building Exterior; Gas; Hazard Insurance; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal
Basement: None
Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; 3/4 Primary; Private Primary; Two Primary Baths
Construction Materials: Brick
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Eat In Kitchen; Kitchen/Dining Room; Living/Dining Room; Separate/Formal Dining Room
Electric: Circuit Breakers
Exterior: Brick/Stone
Family Room Characteristics: Main Level
Fencing: Partial
Financing Terms: Cash
Fireplace Characteristics: Family Room; Gas Burning; Living Room
Fuel: Natural Gas
Heating: Baseboard; Hot Water; In-Floor Heating
Internet Options: Cable
Laundry: Gas Dryer Hookup; In Unit; Laundry Closet; Washer Hookup
Lock Box Type: Combo
Lot Description: Tree Coverage - Light
Parking Characteristics: Assigned; Floor Drain; Garage Door Opener; Heated Garage; Secured
Pool Description: None
Road Frontage: City Street; Paved Streets; Sidewalks
Roof: Flat; Rubber
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Laundry
Stories: One
Water: City Water/Connected
Waterfront View: Lake; South
Room Information
Room Name Dimensions Level
Deck72x8Main
Third (3rd) Bedroom10x15Main
Second (2nd) Bedroom13x11Main
First (1st) Bedroom19x14Main
Kitchen17x14Main
Family Room13x16Main
Dining Room16x13Main
Living Room17x13Main

IDX
Listing Office: RE/MAX Advantage Plus

Last Updated: August - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.