3535 Ivy Place, Orono, MN

$1,650,000 - Lake Minnetonka

6

Beds

5

Baths

3,979

Square feet

1.02

Acres

About 3535 Ivy Place

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. 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. 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!

Features of 3535 Ivy Place

MLS® # 6681570
Price $1,650,000
Bedrooms 6
Bathrooms 5.00
Full Baths 3
Square Footage 3,979
Acres 1.02
Year Built 1976
Type Single Family
Sub-Type Residential
Style Single Family Residence
Status Active
Contingency Type None
Lake Name Lake Minnetonka

Community Information

Address 3535 Ivy Place
City Orono
County Hennepin
State MN
Zip Code 55391

Amenities

# of Garages 3
Garages Attached Garage
View Lake
Is Waterfront Yes
Waterfront Dock, Lake Front, Lake View
Has Pool No
Pool None

Interior

Appliances Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
Heating Forced Air, Fireplace(s)
Cooling Central Air
Fireplace Yes
# of Fireplaces 2
Has Basement Yes
Basement Daylight/Lookout Windows, Egress Window(s), Finished, Walkout

Exterior

Lot Description Irregular Lot, Many Trees
Roof Asphalt
Construction Brick/Stone, Fiber Cement, Wood Siding

School Information

District Westonka

Additional Information

Zoning Residential-Single Family
Foreclosure No
Short Sale No
Taxes $17,198
Tax Year 2025
Office RE/MAX Preferred

Listing Details

OfficeRE/MAX Preferred

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