531 Indian Hill Road, Chanhassen, MN 55317

Overview

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 no-wake, 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.

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront Present: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1292
Above Grd Total SqFt: 1292
Below Grd Total SqFt: 1200
Total SqFt: 2492
Total Finished Sqft: 2492.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1200
Garage Stalls: 2
Lot Dimensions: 100x188x100x188
Acres: 0.46
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Deck; Dock; Hot Tub Appliances: Dishwasher Basement: Concrete Block; Egress Windows; Full Bath Description: Main Floor Full Bath; 3/4 Basement Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Wood Family Room Characteristics: Family Room; Lower Level Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Medium Road Frontage: City Street Sellers Terms: Cash; Conventional; Conventional Rehab Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 899000
ListPrice: 899000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 531
Street Name: Indian Hill
Street Suffix: Road
Postal City: Chanhassen
County: Carver
State: MN
Zip Code: 55317
Complex/Dev/Subdivision: Pleasant View

Assessments

Tax With Assessments: 5458
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1292
Finished SqFt Below Ground: 1200

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 528

Public Survey Info

Range#: 23
Section#: 01
Township#: 116

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
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
Listing City: Chanhassen
Map Page: 118
Municipality: Chanhassen
School District: Minnetonka
School District Phone: 952-401-5000
Zip Plus 4: 9533
Property ID Number: 256300060
Tax Year: 2025
Tax Amount: 5458
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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 no-wake, 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.
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.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Boat Slip: Yes
Deck: Yes
Dock: Yes
Hot Tub: Yes

Appliances

Dishwasher: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes

Bath Description

Main Floor Full Bath: Yes
3/4 Basement: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes

Exterior

Wood: Yes

Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Dock: Yes

Laundry

In Basement: Yes

Lock Box Type

Supra: Yes

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Medium: Yes

Road Frontage

City Street: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Conventional Rehab: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes