531 Indian Hill Road, Chanhassen, MN 55317

Chanhassen
Local realty services provided by:ERA Prospera Real Estate
531 Indian Hill Road,Chanhassen, MN 55317
$899,000
  • 4 Beds
  • 2 Baths
  • 2,492 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sun, May 17
    12:00 pm - 02:00 pm
Listed by: woody love, eric t utoft
Office: engel & volkers lake minnetonka
MLS#:7064194
Source:NSMLS

Price summary

  • Price:$899,000
  • Price per sq. ft.:$360.75

About this home

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.

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Home facts

  • Year built:1978
  • Listing ID #:7064194
  • Added:8 day(s) ago
  • Updated:May 15, 2026 at 12:43 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Informal Dining Room
  • Bathrooms Description:Full Basement, Main Floor Full Bath
  • Kitchen Description:Dishwasher
  • Basement:Yes
  • Basement Description:Block, Egress Window(s), Finished, Full
  • Living area:2,492 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Fireplace(s), Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1978
  • Building area:2,492 sq. ft.
  • Lot area:0.46 Acres
  • Lot Features:Accessible Shoreline, Tree Coverage - Medium
  • Levels:1 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$360.75
  • Tax amount:$5,458 (2025)

Parking

  • Parking description:Asphalt, Attached Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:2
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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