Date
Details
Price
Change
Source
5/14/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/81
$899,000 Just Listed
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1/81
Property Description
Opportunity to own a Lotus Lakeshore retreat on Lotus Lake (250 acres) with a private dock. This custom-built home sits on a half-acre, fenced, wooded lot on a quiet dead-end street, in the award-winning Minnetonka School District, and is within strolling distance of downtown Excelsior, Chanhassen, and Lake Minnetonka. Lotus Lake is known for its family-friendly setting-perfect for water skiing, pontoons, kayaks, stand-up paddleboards, or sailing, and ideal for creating lasting memories. The residence offers elevated southwest lake views through walls of glass and an open, airy feel throughout. A huge deck extends to outdoor living spaces, while a walk-out lower level provides easy entertaining access to a lower patio and hot tub. The four-season porch with a grill deck invites tranquil enjoyment of the scenery year-round. Thoughtfully designed by the current owners, this home blends indoor-outdoor living with timeless craftsmanship. A private dock completes the lakeside lifestyle.
Full Property Details
Full Property Details for 531 Indian Hill Rd
General
- Price: $899,000
- Taxes: $5,458 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7064194
- Updated: Today (5/14/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Gas, Living Room
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
- Laundry: In Basement, In Basement
Additional Information
- Amenities: Deck, Dock, Hot Tub, Boat Slip
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Asphalt, Garage Door Opener
Location
- County: Carver
- Township: Chanhassen
- Subdivision: Pleasant View
- Driving Directions: From Excelsior - Mill Street to Pleasant View to Indian Hills to Home. Dock lot has sign on Pleasantview from Chanhassen - Powers to Pleasant View to Indian Hills to Home.
School Information
- School District: 276 - Minnetonka
- High School District: Minnetonka
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Fireplace(s)
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Egress Window(s), Finished, Full
- Foundation Size: 1200
- Roof: Age 8 Years or Less
- Disability Access: None
- Square Feet: 2,492
- Above Ground: 1,292 Sq. Ft.
- Below Ground: 1,200 Sq. Ft.
- Finished Down/Base.: 2,492 Sq. Ft.
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.46
- Lot Dimensions: 100 x 188 x 100 x 188
- Frontage: City Street
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline, Medium Tree Coverage
Water Features
- Water Front Desc.: Dock
- Lake Bottom: Soft
Financial Considerations
- Tax Amount: $5,458
- Tax Year: 2025
- Terms: Conventional Rehab, Conventional, Cash
Disclosures and Reports
- Legal Description: EXC: SLY 60' OF LOT 9; ELY 20' OF WLY 100' OF LOT 58 VACATED ST SUBDIVISIONNAME PLEASANT VIEW LOT 009 SUBDIVISIONCD 25630 SECTION 01 TOWNSHIP 116 RANGE 023
- Property ID: 256300060
Listed by Engel & Volkers Lake Minnetonka
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Listing agents
— 531 Indian Hill Rd —
Engel & Volkers Lake Minnetonka
NMLS#: 1598647
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Schools
Schools serving 531 Indian Hill Rd
School District:Minnetonka Public School District
| Name | Grades | Distance |
|---|---|---|
Excelsior Elementary School 441 Oak Street, Excelsior, MN 55331 | K-5 | 1.9 mi |
Minnetonka West Middle School 6421 Hazeltine Boulevard, Excelsior, MN 55331 | 6-8 | 2.3 mi |
Minnetonka Senior High School 18301 Minnesota 7, Minnetonka, MN 55345 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 531 Indian Hill Rd
Tax History
Tax History for 531 Indian Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,482
—
$527,300
4%
2026
$5,482
4%
$509,400
—
2024
$5,260
6%
$509,400
1%
2023
$4,950
—
$504,600
6%
2023
$4,950
4%
$477,600
17%
2021
$4,758
—
$406,900
4%
2021
$4,758
2%
$392,300
—
2020
$4,670
5%
$390,400
7%
2019
$4,436
-4%
$364,800
-3%
2018
$4,604
4%
$376,200
5%
2017
$4,442
5%
$357,200
6%
2016
$4,228
2%
$337,900
2%
2015
$4,164
6%
$331,600
13%
2014
$3,934
7%
$293,700
2%
2013
$3,682
—
$286,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Indian Hill Rd
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- Single Family
- Closed
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- 4Total Baths
- 3,429Sq. Ft.
Listed by Compass
Sold by Compass
Sold by Compass
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- 3,860Sq. Ft.
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Sold by BuySelf, Inc
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- 4Total Baths
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Listed by eXp Realty
Sold by Redfin Corporation
Sold by Redfin Corporation
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- 2,670Sq. Ft.
Listed by Chestnut Realty Inc
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
531 Indian Hill Road, Chanhassen, MN 55317 (MLS# 7064194) is a Single Family property with 4 bedrooms and 2 full bathrooms. 531 Indian Hill Road is currently listed for $899,000 and was received on May 14, 2026. Want to learn more about 531 Indian Hill Road? Do you have questions about finding other Single Family real estate for sale in Chanhassen? You can browse all Chanhassen real estate or contact a Coldwell Banker agent to request more information.