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Chanhassen

Chanhassen

Located in Carver County

$584,462 Average Value
$233 Average Price per Sq Ft
13 Homes For Sale

Lakefront-living and Prince’s legacy

Named Money magazine’s best place to live in the U.S. in 2021, Chanhassen is known for its music roots and convenient lakefront suburban lifestyle. Residents here capitalize on their proximity to five lakes and easy access to U.S. Interstate 495 for quick 16-mile commutes into downtown Minneapolis. Home of the iconic Paisley Park – the longtime studio and home to the late, great Minnesota native Prince. The studio was converted into a museum after his death in 2016 and fans come from all over the world to pay their respect and get a glimpse of music history. “Chanhassen is a 30-minute drive to downtown Minneapolis, there’s also great public transit and they’re installing a light rail system nearby,” says Realtor Joshua Ives with Edina Realty. “The community is also known for its parks and trails.” Aside from its musical background, Chanhassen offers abundant outdoor-oriented activities from lakeside hiking to fishing off the pier at Lake Susan and sunbathing on the beaches at Lotus Lake. Prince may be their claim to fame, but Chanhassen is a not-so-sleepy suburb with much to offer.

Take in the sights or try your luck fishing at the Lake Susan fishing pier in Chanhassen.
Take in the sights or try your luck fishing at the Lake Susan fishing pier in Chanhassen.
Paisley Park in Chanhassen now serves as a museum to the legendary music artist Prince.
Paisley Park in Chanhassen now serves as a museum to the legendary music artist Prince.
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Sunbathe on the shoreline at Carver Beach

Living in Chanhassen offers access to five lakes throughout the community: Lake Susan, Lotus Lake, Lake Ann, Rice Marsh Lake and Lake Lucy. On the southern end of the community, residents can cool off at Lake Susan and utilize the Lake Susan Public Boating Ramp to head out onto the water. Or check out the turf-based playset perfect for children to burn off some energy at Lake Susan Park. On the northern end, Lotus Lake offers a sandy shoreline at Carver Beach, which is perfect for sunbathing during the warmer months. Lotus Lake is the largest natural body within the community. Hiking enthusiasts can visit Edenbrook Conservation Area for unpaved tree-lined trails and boardwalks over Purgatory Creek. Parking is available off of Del Road. Enjoy a bit of Broadway at Chanhassen Dinner Theatres, which opened in 1968 and has hosted over 12 million visitors for classic American fare and cabaret shows. Prince fans are in luck with Paisley Park within the community, offering tours of the production complex and displays of the late musicians' possessions. Entry fees are around $70 per person.

Lake Susan provides a beautiful backdrop for cyclists along its paved trails.
Lake Susan provides a beautiful backdrop for cyclists along its paved trails.
Chanhassen is fortunate to have many parks and lakes available for recreation.
Chanhassen is fortunate to have many parks and lakes available for recreation.
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Colonial Revivals and New Traditionals

Homes in Chanhassen are priced competitively and have rebounded since a dip in demand last fall as interest rates were on the rise. “Inventory is rising, but this is still a seller’s market,” Ives says. “Our homes are in high demand; we’re seeing multiple offers and selling above list.” Housing is predominately single-family, with a healthy stock of townhouses and a handful of condos. Many homes here were constructed in the 80s and 90s, however new construction is available in areas like The Park, offering new homes situated next to 100 acres of woods and wetlands. Chanhassen offers a variety of home styles ranging from single family Colonial Revivals and New Traditionals to multi-family townhouses and condos. The community boasts subdivision options from custom non-HOA areas like Knob Hill and Big Woods On Lotus Lake to townhouses in West Park and condos in Powers Ridge. While non-HOA communities are common here, areas like Willowridge are subject to monthly fees that include hazard insurance. With a median sales price of $461,000, homes here range from around $200,000s for a one-bedroom condo to upwards of 2.5 Million for a six-bedroom lakefront New Traditional. Homes here typically offer larger lots with multi-car garages and feature nearby water access.

New traditional craftsman-style homes are popular new construction types in Chanhassen.
New traditional craftsman-style homes are popular new construction types in Chanhassen.
Townhome living can be found in developments in southwestern Chanhassen.
Townhome living can be found in developments in southwestern Chanhassen.
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Shopping along West 78th Street

When shopping in the area, residents can head to a variety of department stores and retailers along West 78th Street. For everyday essentials and groceries, Target, Aldi and Lunds & Byerlys are available nearby. Department stores, like Kohl’s, JCPenney and Barnes & Noble are available at Eden Prairie Center, 6 miles from Chanhassen. Or check out the locally owned mother/daughter duo at Lotus Lake Gifts which strives to carry unique gifts and handmade products from over 50 local vendors. For a quick bite, locals can dine at Kai’s Sushi for authentic Japanese cuisine and modern hibachi grill dishes. Or check out Tequila Butcher for Mexican fare, margaritas and their famous paella. And visit Med Box Grill for a casual dining environment voted Minnesota’s best Mediterranean food for three consecutive years from 2021 to 2023 by the Star Tribune.

Market Square in Chanhassen offers plenty of spots for shopping and dining.
Market Square in Chanhassen offers plenty of spots for shopping and dining.
Stop into Floyd's 99 Barber Shop for a trim or a full cut & style in Chanhassen.
Stop into Floyd's 99 Barber Shop for a trim or a full cut & style in Chanhassen.
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High-marks at Eastern Carver County Schools

Students in Chanhassen can attend schools like, Chanhassen Elementary, Pioneer Ridge Middle and Chanhassen High School, which have received ratings of A-minus, B-plus and A from the educational review site, Niche. Chanhassen Elementary School takes a personalized approach to learning, focusing on collaboration between students of all grade levels. Pioneer Ridge Middle School offers a Gifted Services Program to focus on and develop the individual needs of students. Chanhassen High School offers a project-based learning environment for increased student participation and advanced placement (AP) courses for higher education preparation. Private options like Chapel Hill Academy and St. Hubert Catholic School are also common.

Chanhassen High School is rated as the best high school in Carver County.
Chanhassen High School is rated as the best high school in Carver County.
Pioneer Ridge Middle School has a great overall Niche grade of 'B+'.
Pioneer Ridge Middle School has a great overall Niche grade of 'B+'.
Chanhassen Elementary, is a highly-rated school serving students K-5.
Chanhassen Elementary, is a highly-rated school serving students K-5.
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Nearby healthcare and access to I-495

Chanhassen residents rely on Powers Boulevard and Route 212 for access to I-495 and neighboring areas like Eden Prairie and Chaska. When seeking public transportation, residents can hop on the Metro Transit bus, which operates within the Twin Cities and along County Road 101 in Chanhassen. Those interested in traveling outside the community are only 19 miles from Minneapolis–Saint Paul International Airport. For healthcare, the Park Nicollet Urgent Care Chanhassen is available within the community along State Road 5.

Highways 5 and 212 serve as the major thoroughfares in Chanhassen.
Highways 5 and 212 serve as the major thoroughfares in Chanhassen.
Southwest Transit operates two bus stations for public transportation in Chanhassen.
Southwest Transit operates two bus stations for public transportation in Chanhassen.
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Tina Davis
Written By
Tina Davis

Interested in learning more about homes in this area? Reach out to Rebecca Boelter, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Chanhassen Housing Trends

Housing Trends

Median List Price
$505,000
Median Sale Price
$420,225
Median Single Family Sale Price
$840,000
Median Townhouse Sale Price
$298,862
Median Change From 1st List Price
0%
Last 12 months Home Sales
148
Median Home Sale Price YoY Change
-7%
Average Price Per Sq Ft
$233

Neighborhood Facts

Number of Homes in Neighborhood
7,282
Number of Homes for Sale
13
Median Year Built
1994
Months of Supply
1.10
Average Single Family Home Size Sq Ft
2,437
Above the national average
1,927
Average Townhouse Size Sq Ft
1,607
Average 2 Bedroom Size Sq Ft
1,094
Average 1 Bedroom Size Sq Ft
843
Median Lot Size Sq Ft
15,245

Open Houses

  • Saturday, Jul 26
    1 - 3pm

    8795 Bellevue Ct, Chanhassen, MN 55317

    $775,000

    • 5 Beds
    • 3.5 Baths
    • 3,486 Sq Ft
    • 8795 Bellevue Ct

    Set on a quiet cul-de-sac with peaceful pond views, this 5-bedroom, 4-bathroom gem has been meticulously maintained and loved. The home features soaring ceilings, sunlit spaces, and an open-concept layout perfect for gathering and entertaining. Enjoy the gourmet kitchen with stainless steel appliances, granite countertops, and a spacious island, seamlessly flowing into the living room with cozy

    Agent Photo
    Ryan Platzke
    Coldwell Banker Realty
    (612) 441-3719
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  • Saturday, Jul 26
    1 - 4pm

    9155 Mills Dr, Chanhassen, MN 55317

    $1,014,800

    • 3 Beds
    • 2.5 Baths
    • 2,980 Sq Ft
    • 9155 Mills Dr

    STUNNING NEW CHARLES CUDD CO. NEIGHBORHOOD AVIENDA VILLAGE. Beautiful architecturally designed Villa, all association maintained. Live a carefree lifestyle. Lawn Care, Snow Plowing, Trash, and Irrigation are all handled! Located in the heart of the Chanhassen Avienda Village. Gourmet kitchen for entertaining, main-floor office/den, 4-season porch & large great room with fireplace. Master Suite

    Agent Photo
    Jeff Holmers
    Keller Williams Premier Realty Lake Minnetonka
    (651) 384-7345
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  • Friday, Jul 25
    4 - 6pm

    6515 Gray Fox Curve, Chanhassen, MN 55317

    $645,000

    • 3 Beds
    • 3.5 Baths
    • 2,742 Sq Ft
    • 6515 Gray Fox Curve
    • New 3 days ago

    Tucked away on a scenic corner lot in a quiet Chanhassen cul-de-sac, this beautifully maintained 3-bedroom, 4-bathroom home offers the perfect mix of comfort, style, and convenience. Just minutes from Lotus Lake, Purgatory Creek trails, and multiple parks, with easy access to shopping and dining, this location enhances everyday living.Inside, a dramatic 2-story foyer with 17-foot ceilings

    Taylor DeLong eXp Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Chanhassen Has More Owners

Demographics

Total Population
26,470
Median Age
43
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
18.6%
On par with the national average
19.1%

Finances

Median Household Income
$118,422
Significantly above the national average
$71,702
Average Household Income
$148,667

Education and Workforce

High School Graduates
98.7%
Above the national average
89.1%
College Graduates
64.3%
Significantly above the national average
34.1%
Advanced Degrees
21.7%
% Population in Labor Force
73.8%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
8°F
Average Summer High Temperature
83°F
Annual Snowfall
56''

Area Factors

Bikeable

Bike Score®®

53 / 100

Car-Dependent

Walk Score®®

9 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Chanhassen