Wayzata Place

Wayzata Place | 540, 550, and 560 Indian Mound Street

Wayzata Place is a prestigious condominium community located at 540, 550, and 560 Indian Mound Street, offering residents some of the most spectacular views of Lake Minnetonka. Its central downtown location places homeowners within walking distance of Wayzata’s restaurants, boutique shops, and cultural attractions, while also providing easy access to lakeside recreation.

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Wayzata Place | Downtown Wayzata


Wayzata Place Condos is a boutique condominium community located at 540, 550, and 560 Indian Mound Street in downtown Wayzata. Built in the early 1980s, the development features three buildings with a total of 27 units spread across 3 floors, many offering stunning, unobstructed views of Lake Minnetonka. With spacious layouts, private balconies, and a prime location just steps from shopping, dining, and the lakefront, Wayzata Place remains one of the area’s most desirable condo addresses.

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Wayzata Place Real Estate Statistics

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Property Types (active listings)

More About Wayzata Place

Known for its quiet, upscale setting, Wayzata Place blends the convenience of downtown living with the beauty of Wayzata Bay. Large windows and private balconies highlight panoramic lake and sunset views, while spacious floor plans give residents the comfort and elegance of single-family homes with the ease of condominium living.

Residences here range in size and style, but all are designed with quality in mind—offering open layouts, well-planned kitchens, and timeless finishes. Past listings have included homes from around 1,800 to nearly 2,500 square feet, with pricing reflective of their exclusivity and lake proximity. With limited inventory and high demand, Wayzata Place remains one of the most desirable luxury condo communities on Lake Minnetonka.

Amenities

Wayzata Place provides a lifestyle centered on comfort, convenience, and lakefront beauty. Community and unit features include:

  • Prime location within walking distance to Wayzata’s shops, restaurants, and events
  • Expansive windows and private balconies with unobstructed Lake Minnetonka views
  • Spacious floor plans designed for both elegance and functionality
  • High-quality finishes throughout kitchens, baths, and living areas
  • Secure underground parking
  • Easy access to boating, trails, and lakeside recreation
  • Situated within the award-winning Wayzata Public School District