$580,637Average Value$238Average Price per Sq Ft93Homes 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.
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.
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.
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.
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.
Pioneer Ridge Middle School has a great overall Niche grade of 'B+'.
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.
Southwest Transit operates two bus stations for public transportation in Chanhassen.
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Written By
Tina Davis
Interested in learning more about homes in this area?
Reach out to
Kevin Norwood,
an experienced agent in this area.
GreatSchools:
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On average, homes in Chanhassen, MN sell after 37 days on the market compared to the national average of 49 days. The median sale price for homes in Chanhassen, MN over the last 12 months is $518,500, up 4% from the median home sale price over the previous 12 months.
Fantastic 2 Story home on a private half-acre lot in a prime Chanhassen location! This spacious 5 bedroom, 4 bathroom home offers the perfect blend of comfort and convenience. The main floor is bright and open with a huge kitchen with newer stainless steel appliances, Hardwood Floors, Center Island and a large walk-in Pantry. The Main Floor Family room is spacious and features built-ins, a
Welcome to your own private oasis nestled on 2.12 serene acres in the heart of Chanhassen. This exceptional 5,003-square-foot home offers an unmatched blend of privacy, luxury, and tranquility with a beautifully landscaped backyard featuring a sparkling swimming pool, relaxing hot tub, and lush mature trees surrounding the property for total seclusion. Boasting six garage spaces, this home is a
Incredible, tranquil views for miles - undoubtedly the finest bluff view in the neighborhood! Extraordinary gem in the sought-after Settler’s Ridge neighborhood with breathtaking views of the Minnesota River Valley! This exquisite home is perfectly situated on a quiet 1.13-acre overlook cul-de-sac lot with 7,000sqft of stunning living space & remarkable high-end finishes throughout! Stunning
Fantastic 2 Story home on a private half-acre lot in a prime Chanhassen location! This spacious 5 bedroom, 4 bathroom home offers the perfect blend of comfort and convenience. The main floor is bright and open with a huge kitchen with newer stainless steel appliances, Hardwood Floors, Center Island and a large walk-in Pantry. The Main Floor Family room is spacious and features built-ins, a
Welcome to your own private oasis nestled on 2.12 serene acres in the heart of Chanhassen. This exceptional 5,003-square-foot home offers an unmatched blend of privacy, luxury, and tranquility with a beautifully landscaped backyard featuring a sparkling swimming pool, relaxing hot tub, and lush mature trees surrounding the property for total seclusion. Boasting six garage spaces, this home is a
Love where you live—this thoughtfully updated home is ready to impress from the moment you walk in. The sun-filled, vaulted kitchen features new appliances, counters, backsplash, hardware & fixtures - plus space for a removable island or cozy breakfast nook. Open-concept dining & living room with 10’ ceilings & a cozy gas fireplace (2023). The maintenance-free deck (2023) is perfect for summer
Comfort and convenience take center stage at Venue, Chanhassen's first lifestyle-driven apartment community. Venue offers studio to 3-bedroom apartment homes that steal the show with luxe finishes, modern interiors, and private balconies. Immersed in downtown's lively dining, shopping, and entertainment scene-starring nearby landmarks Paisley Park and the Chanhassen Dinner Theater, as well as
This Elegant Upper Bracket Estate Home is architecturally designed to impress, and offers comfort and convenience for the whole family. The grounds are situated on a hill overlooking the treetops toward Excelsior and the setting sun. Enjoy the fabulous vaulted Screened Porch with knotty pine ceiling and the lovely masonry Firepit, plenty of room to roam. In the house, 4 spacious Bedrooms await
Lake Susan Apartments is located in Chanhassen, MN on the shores of beautiful Lake Susan; adjacent to the natural beauty of Riley Creek. While here, you'll quickly find joy in being surrounded by nature. You will also have the chance to take advantage of nature trails, parks, beaches and fishing docks, which are all a short distance away.You have your choice of luxurious one, one + den, two, or
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