3535 Ivy Place, Orono, MN 55391

$1,450,000
6
BD
5
BA
3,979
SqFt

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Sold Price
$1,450,000
List Price
$1,495,000
Days on Market
122
Closing Date
Aug 07, 2026
MLS#
7049412
Status
CLOSED
Type
Single Family Residential
Bedrooms
6
Bathrooms
5
Living Area
3,979
Acres
1.02
Year Built
1976

Property Description

3535 Ivy Place offers a rare opportunity: just over an acre of land with 90 feet of protected lakefront along Carman’s Bay on Lake Minnetonka. What a community on Casco Point, offering the small lake town feel within minutes of downtown. Navarre, Spring Park and Mound offer so many options for fun and eats. The multi-level home includes six bedrooms and five bathrooms. Remarkably well-preserved, the residence presents multiple possibilities— renovate to enhance its charm, remodel for a modern touch, or remove it to create a custom lakefront retreat. The property’s value surely lies in its setting. With ample space on the lot, there’s potential for storage, outdoor living areas, and additional structures. Inside, the home features hardwood floors, generous windows showcasing lake views, and a versatile layout across multiple levels. While it requires updates, its condition and location make it an exceptional foundation for the right buyer. Properties with this combination of lakefront access and expansive land are seldom available at this price point. This is an invitation to envision a lifestyle defined by Casco Point on Carman’s Bay!

Additional Information

School District
Westonka
Amenities Unit
Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Panoramic View, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
Tax Year
2025
Waterfront Features
Lake Front, Lake View
Fuel
Natural Gas
Lot Description
Irregular Lot, Tree Coverage - Medium
Water Body Name
Minnetonka
Sewer
City Sewer/Connected
Roof
Asphalt
Air Conditioning
Central Air
Heating
Forced Air, Fireplace(s)
Water
City Water/Connected
Out Buildings
Storage Shed
Basement
Daylight/Lookout Windows, Egress Window(s), Finished, Walkout
Parking
Attached Garage
Garage Spaces
3

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Preferred.

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