$605,136Average Value$237Average Price per Sq Ft71Homes For Sale
Chanhassen has outdoor recreation near the Twin Cities
Chanhassen is a Twin Cities suburb that draws people in with its lakefront living and convenient location, only 20 miles from Minneapolis. The community has seen significant growth in its housing market, with most properties built between the 1980s and the 2020s. Families seek out the area for its highly rated schools and community events, but the charming downtown and the historic Paisley Park mean there’s something for everyone.
Take in the sights or try your luck fishing at the Lake Susan fishing pier in Chanhassen.
Paisley Park now serves as a museum to the legendary music artist Prince.
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New Traditional homes in high demand
While you can find some older split-levels and ranch-style homes, most of the housing market was built after 1980. There are modern Craftsman and New Traditional houses, as well as contemporary styles. As you get closer to the water, you’ll see more homes with large windows and backyards leading to the lakes. The median single-family home price is in the mid-$600,000s, but larger lakefront homes can cost up to $2.2 million. Townhouses generally range from the low $200,000s to the mid-$700,000s. Properties stay on the market for less than 40 days, moving faster than nearby cities like Chaska. “Our homes are in high demand. We’re seeing multiple offers and selling above list [price],” says Realtor Joshua Ives with Edina Realty.
New Traditional homes are popular.
You can find several townhouses in the area.
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Students attend highly rated Eastern Carver and Minnetonka schools
Most homes are zoned for Eastern Carver County Public Schools, which includes Chanhassen High School. Students can enroll in Advanced Placement and College in the Schools courses to earn college credit before graduation. Both the district and the high school receive an A from Niche. Some families are assigned to the A-plus-rated Minnetonka Public School District. Private options include the A-rated Chapel Hill Academy, a Christian school that offers prekindergarten through eighth grade.
Chanhassen High School is a highly rated high school.
Students can attend Pioneer Ridge Middle School.
Chanhassen Elementary has kindergarten through fifth grade.
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Commuters drive and take the bus to the Twin Cities
Highway access makes it easy to reach the Twin Cities. U.S. Highway 212 and state Highway 5 go through the community, connecting with Interstate 494. “Chanhassen is a 30-minute drive to downtown Minneapolis,” Ives says. Minneapolis is about 20 miles away, and it takes about 30 miles (35 minutes) to get to downtown Saint Paul. Ives says that there’s also “great public transit,” with Metro Transit and SouthWest Transit buses stopping in the city and a planned light rail extension to the Metro Green Line in the neighboring Eden Prairie.
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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Lake Ann Park and nearby trails encourage people to get outside
Ives says Chanhassen is known for its parks and trails, and it’s clear to see why. At the heart of the city’s recreation is Lake Ann Park, where you can spend hours fishing or kayaking on the water. The rest of the park has amenities like a playground, athletic fields and walking trails. While you can’t rent a canoe in the winter, you can go ice fishing or snowshoeing. There are other lakes in the city and many more across the larger Twin Cities region. People stroll along the trails at the Edenbrook Conservation Area or the nearby University of Minnesota Landscape Arboretum, which has nearly 6,000 plant species.
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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Dinner theatres and local shops located downtown
Chanhassen’s downtown is concentrated along West 78th Street and includes the city’s library, popular restaurants and local boutiques. Some of the businesses include:
Chanhassen Dinner Theatres, where people have been enjoying dinner and a show since 1968
Tequila Butcher, a Mexican restaurant known for its wood-smoked barbacoa
Med Box Grill, a Mediterranean eatery with counter service
Thaliwala Indian Kitchen, an Indian restaurant with curry, coconut shrimp and other traditional dishes
Lotus Lake Gifts and Home Decor, which has art and homemade products from over 50 vendors
You’ll also find big-box stores like Target and grocery options like Cub Foods and Lunds & Byerlys downtown.
Market Square offers plenty of spots for shopping and dining.
You can stop into Floyd's 99 Barber Shop for a trim or a full cut and style in Chanhassen.
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Events at the local parks and the historic Paisley Park
Chanhassen residents come together for events ranging from holiday celebrations to recurring summer programs. This is just a peek into the city’s busy calendar:
The February Festival at Lake Ann Park is a longstanding tradition featuring an ice fishing contest and bonfires.
The Chanhassen Farmers Market has vendors selling fresh produce and handmade goods on Saturday mornings from June to September, rain or shine.
The 4th of July Celebration is a multiday event with family-friendly activities that ends with a fireworks show over Lake Ann.
The Summer Concert Series is a weekly show in June and July with food trucks and free music.
The Holiday Market is an art market on the first Saturday of December.
There are even more events at Paisley House, Prince’s home and recording studio, which is located in Chanhassen. You can tour the building or enjoy a concert at the soundstage or the NPG Music Club.
Written By
Zia Sampson
Photography Contributed By
Jeff Karels
Interested in learning more about homes in this area?
Reach out to
Matthew Jones,
an experienced agent in this area.
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
On average, homes in Chanhassen, MN sell after 37 days on the market compared to the national average of 55 days. The median sale price for homes in Chanhassen, MN over the last 12 months is $540,000, up 13% from the median home sale price over the previous 12 months.
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