531 Indian Hill Rd

Chanhassen, MN 55317

$899,000
Price
4
Beds
2,492 Sq. Ft.
$361 / Sq. Ft.
2,492
Sq. Ft.
$361
per Sq. Ft.
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PendingVirtual Tour
PendingVirtual Tour

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...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.
  1. Listed by Engel & Volkers Lake Minnetonka
  2. Listed by Engel & Volkers Lake Minnetonka

Property Details for 531 Indian Hill Road

Subdivision Name
Pleasant View
View
West
Waterfront Features
Dock
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 06/04/2026 09:24 PM

Property Details for 531 Indian Hill Road

StatusPending
MLS #7064194
Days on Compass21
Taxes$5,458 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1978
Lot Size0.46 AC / 20,037 SF
CountyCarver County
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Location

Listing Courtesy of Engel & Volkers Lake Minnetonka
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Building Information for 531 Indian Hill Road

Stories-Year Built1978Building Size-Lot Size0.46 AC / 20,037 SF

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$4,935 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,480

Property Taxes

$455

HOA Dues

$0

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Property Information for 531 Indian Hill Road

Summary
Location and General Information
  • City Name: Chanhassen
  • County Or Parish: Carver
  • County: Carver-MN
  • 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.
  • Latitude: 44.885752
  • Longitude: -93.533795
  • Nbr of Acres: 245
  • Lake Bottom: Soft
  • Lake Name: Recreational Development
  • PLAT: 29
  • Map Coordinate: 118-A4
  • City and Location: Chanhassen
  • City and Location Text: Chanhassen(MN)
  • Postal Code: 55317
  • State Or Province: MN
  • Public Survey Township: 116
  • Waterfront Property YN: Yes
  • Water Body Name: Lotus
  • Waterfront Footage: 10000600
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 256300060
  • Tax Annual Amount: $5,458.00
  • Tax 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
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 5458
School Information
  • High School District: 276 - Minnetonka
  • School District Number: 276
  • School District Phone: 9524015000
Property
Lot Information
  • Above Grade Fin SQFT: 1292.0
  • Below Grade Fin SQFT: 1200.0
  • SQFT Total: 2492.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Lot Size Area: 0.46
  • Lot Size Dimensions: 100x188x100x188
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1292
  • Building Area Total: 2492.0
  • Above Grade SqFt Total: 1292
  • Below Grade SqFt Total: 1200
Utilities
  • Electric: 150 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Wood
  • Foundation Area: 1200.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Deck,Patio
Interior Features
  • Appliances: Dishwasher
  • Basement Type: Block, Egress Window(s), Finished, Full
  • Amenities Unit: Deck,Dock,Hot Tub,Boat Slip
  • Bath Desc: Full Basement,Main Floor Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 2
  • Bedrooms Total: 4
  • Fireplace Features: Family Room, Gas, Living Room
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room
  • Garage Square Feet: 528
  • Heating: Forced Air, Fireplace(s)
  • Laundry Features: In Basement
  • Levels: One
  • Room List: Deck, Family Room, Bedroom, Four Season Porch, Bedroom 4, Informal Dining Room, Kitchen, Laundry, Living Room, Bedroom 2, Bedroom 3, Workshop
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 36x10
  • Room Level: Main
  • Room Type: Deck
Room 2
  • Room Dimensions: 28x25
  • Room Level: Lower
  • Room Type: Family Room
Room 3
  • Room Dimensions: 15x11
  • Room Level: Main
  • Room Type: Bedroom
Room 4
  • Room Dimensions: 15x13
  • Room Level: Main
  • Room Type: Four Season Porch
Room 5
  • Room Dimensions: 11x10
  • Room Level: Lower
  • Room Type: Bedroom 4
Room 6
  • Room Dimensions: 11x10
  • Room Level: Main
  • Room Type: Informal Dining Room
Room 7
  • Room Dimensions: 11x10
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 8x6
  • Room Level: Lower
  • Room Type: Laundry
Room 9
  • Room Dimensions: 26x14
  • Room Level: Main
  • Room Type: Living Room
Room 10
  • Room Dimensions: 14x10
  • Room Level: Main
  • Room Type: Bedroom 2
Room 11
  • Room Dimensions: 10x10
  • Room Level: Main
  • Room Type: Bedroom 3
Room 12
  • Room Dimensions: 11x11
  • Room Level: Lower
  • Room Type: Workshop

Property History for 531 Indian Hill Road

DateEvent & SourcePriceAppreciation
Jun 4, 2026

Pending

NorthStar #7064194

—
May 29, 2026

In Contract

NorthStar #7064194

—
May 14, 2026

Listed (Active)

NorthStar #7064194

—
DateEvent & SourcePrice
06/04/2026

Pending

NorthStar #7064194

—
05/29/2026

In Contract

NorthStar #7064194

—
05/14/2026

Listed (Active)

NorthStar #7064194

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 531 Indian Hill Road

Taxable ValueLand$245,000Additions$282,300Total$527,300
Tax Record2026$5,482 ($457 / month)
Home Facts
Beds4Total Finished SqFt1,292 SqFtAbove Grade Finished SqFt1,292 SqFtStories1Lot Size20,038 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1980CountyCARVERAPN25-6300060Fireplace TypeHas Fireplace

Schools near 531 Indian Hill Road

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Excelsior Elementary School
Public - K to 5
Minnetonka West Middle School
Public - 6 to 8
Minnetonka Senior High School
Public - 9 to 12
Shorewood Education Center
Public - 12
Rating
School
Distance
Excelsior Elementary School
PublicK to 5

Minnetonka West Middle School
Public6 to 8

Minnetonka Senior High School
Public9 to 12

Shorewood Education Center
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Engel & Volkers Lake Minnetonka

Based on information submitted to the MLS GRID as of 06/04/2026 09:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.