Homes for sale - 3535 Ivy PL, Orono, MN 55391

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Joe Mack

joe@mnrealestateteam.com +1(952) 484-7071

$ 1,650,000

Est. payment | -/mo

6 Beds

5 Baths

3,979 SqFt

Save

$ 1,650,000

Est. payment | -/mo

Save

6 Beds

5 Baths

3,979 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,979 sqft

Price per Sqft $414

MLS Listing ID 6681570

Bedrooms 6

Full Baths 3

Three Quarter Bath 2

Year Built 1976

Annual Tax Amount $17,198

Tax Year 2025

Contingent None

Lot Size 1.020 Acres

Acres 1.02

Lot Dimensions Commons

Property Sub-Type Single Family Residence

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. The home has been unoccupied for the last four years. A past plumbing leak requires inspection of the piping, along with likely replacement of fixtures and seals. Remarkably well-preserved, the residence presents multiple possibilities—repair for immediate use, 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.
Though in need of updated decking, dock, stairs, and landscaping, it offers a private connection to the bay. 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!

Location

State MN

County Hennepin

Zoning Residential-Single Family

Body of Water Minnetonka

Rooms

Basement Daylight/Lookout Windows, Egress Window(s), Finished, Walkout

Dining Room Breakfast Area, Separate/Formal Dining Room

Interior

Heating Forced Air, Fireplace(s)

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Family Room, Gas, Living Room

Fireplace Yes

Appliance Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer

Exterior

Parking Features Attached Garage

Garage Spaces 3.0

Pool None

Waterfront Description Dock,Lake Front,Lake View

View Y/N Lake

View Lake

Roof Type Asphalt

Road Frontage No

Building

Lot Description Irregular Lot, Tree Coverage - Medium

Story Two

Foundation 1263

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone,Fiber Cement,Wood Siding

New Construction false

Schools

School District Westonka

Listed by Chris Rooney • RE/MAX Preferred

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(952) 484-7071

joe@mnrealestateteam.com

13875 State Hwy 13 #100, Savage, Minnesota, 55378, USA

3535 Ivy PL Orono, MN 55391