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Chanhassen

Chanhassen

Located in Carver County

$578,398 Average Value
$232 Average Price per Sq Ft
62 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

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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

Parks in this Area

Area Facts

Number of Homes
7,275
Number of Homes for Sale
62
Median Year Built
1994
Months of Supply
2.40
Average Single Family Home Size Sq Ft
2,448
Above the national average
1,931
Average Townhouse Size Sq Ft
1,614
Average 2 Bedroom Size Sq Ft
1,119
Average 1 Bedroom Size Sq Ft
838
Median Lot Size Sq Ft
15,245

Open Houses

  • Saturday, May 2
    Open Sat 11:30AM - 1PM

    1845 Columbia Ln Unit 3, Chanhassen, MN 55317

    $340,000

    • 3 Beds
    • 2.5 Baths
    • 1,685 Sq Ft
    • 1845 Columbia Ln
    • Unit 3
    • New 11 days ago

    Updated town home in Liberty on Bluff Creek! Enter into the living room with new flooring that flows through the main level. Kitchen has a large center island, stainless appliances (refrigerator & dishwasher 2023, range 2025, microwave 2026), corner pantry & maple cabinetry. The dining area is open to the kitchen. There is a powder bath, storage under the stairs & door to the garage to complete

    Agent Photo
    Marcus Johannes
    Coldwell Banker Realty
    (651) 705-7549
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  • Friday, May 1
    Open Fri 12PM - 1PM

    1997 Topaz Dr, Chanhassen, MN 55317

    $995,000

    • 4 Beds
    • 4.5 Baths
    • 4,525 Sq Ft
    • 1997 Topaz Dr
    • New 2 days ago

    Tucked within the Ashling Meadows neighborhood just steps from the private pool, playground, pickleball and sport courts, this home offers an inviting blend of community and natural beauty surrounded by majestic trees. Step inside to discover the timeless Kenton floorplan that has been beautifully updated with the highest-quality fit and finish including all new flooring, designer lighting and a

    Stafford Family Realtors Coldwell Banker Realty

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  • Sunday, May 3
    Open Sun 2PM - 4PM

    6480 Yosemite, Excelsior, MN 55331

    $1,750,000

    • 4 Beds
    • 4 Baths
    • 5,706 Sq Ft
    • 6480 Yosemite

    Timeless design, thoughtful upgrades, and exceptional comfort define this beautifully maintained 4-bedroom, 4-bathroom walkout rambler set on a private 1.13-acre property in Excelsior. The open and inviting main level features a stunning great room with soaring vaulted ceilings, rich maple woodwork with custom built-ins, hardwood and tiled floors, Hunter Douglas blinds, and California Closets

    Hans Zinn Coldwell Banker 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

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$2,395
Median Single Family Home Rent
$3,100
Median 4 Bedroom Single Family Home Rent
$2,795
Median Townhouse Rent
$2,295
Median 3 Bedroom Townhouse Rent
$2,395
Median Condo Rent
$1,750
Median 2 Bedroom Condo Rent
$1,700

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
$79,597
Average Household Income
$148,667

Education and Workforce

High School Graduates
98.7%
Above the national average
89%
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

Fairly friendly

Bike Score®®

50 / 100

Somewhat friendly

Walk Score®®

20 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and 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