3535 Ivy Place Wayzata, MN 55391
Estimated payment $10,467/month
Total Views
48,631
6
Beds
5
Baths
3,979
Sq Ft
$415
Price per Sq Ft
Highlights
- 90 Feet of Waterfront
- Lake View
- Deck
- Shirley Hills Primary School Rated A
- 44,431 Sq Ft lot
- Family Room with Fireplace
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,198
Year Built
- Built in 1976
Lot Details
- 1.02 Acre Lot
- 90 Feet of Waterfront
- Lake Front
- Irregular Lot
Parking
- 3 Car Attached Garage
Interior Spaces
- 2-Story Property
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Bonus Room
- Utility Room
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Window Egress
Eco-Friendly Details
- Electronic Air Cleaner
- Air Exchanger
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2011723420035
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $15,748 | $1,545,600 | $874,900 | $670,700 |
| 2022 | $12,181 | $1,360,000 | $758,000 | $602,000 |
| 2021 | $12,099 | $1,137,000 | $631,000 | $506,000 |
| 2020 | $12,150 | $1,113,000 | $613,000 | $500,000 |
| 2019 | $11,358 | $1,055,000 | $557,000 | $498,000 |
| 2018 | $10,213 | $996,000 | $516,000 | $480,000 |
| 2017 | $8,703 | $755,000 | $352,000 | $403,000 |
| 2016 | $8,677 | $750,000 | $372,000 | $378,000 |
| 2015 | $8,714 | $738,000 | $360,000 | $378,000 |
| 2014 | -- | $714,000 | $360,000 | $354,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $1,650,000 | 0.0% | $415 / Sq Ft |
| 04/29/2025 04/29/25 | Off Market | $1,650,000 | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $1,650,000 | -- | $415 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,079,000 | Burnet Title | |
| Warranty Deed | $910,000 | -- | |
| Warranty Deed | $349,000 | -- | |
| Warranty Deed | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $453,100 | New Conventional | |
| Previous Owner | $1,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $372,500 | Credit Line Revolving | |
| Previous Owner | $1,250,000 | Construction |
Source: Public Records
About the Listing Agent
With 35 years of experience in Real Estate, Chris Rooney has become the local “Go-to” certified Luxury Agent and a consistent leader in the market with a reputation for exceeding his clients ‘expectations. Savvy negotiating skills and innovative marketing strategies join integrity as the trademarks of Chris’s service. Chris is well respected in the industry, not only for his professional track record and high standards, but also for being honest and keeping focus on his clients’ success.
Chris' Other Listings
Source: NorthstarMLS
MLS Number: 6681570
APN: 20-117-23-42-0035
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