$1,650,000

3535 Ivy Place Wayzata, MN 55391

Estimated payment $10,113/month

Total Views 163,762
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. 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. 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!

Listing Agent

Chris Rooney

RE/MAX Preferred Listed on: 04/03/2025

RE/MAX Preferred

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
  • Many Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Utility Room
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • 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
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2011723420035

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,198

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 2824
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3979
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1155
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bonus Room, Utility Room, Foyer, Primary Bathroom, Walk In Closet

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • View: Lake
  • Other Structures: Storage Shed
  • PatioPorchType: Deck
  • Lake Bottom: Soft
  • LakeChain: N
  • Waterfront Frontage: 90

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Panoramic View,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Commons
  • Lot Size Sq Ft: 44431.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2011723420035
  • Tax Annual Amount: 17198
  • TaxWithAssessments: 17198.1200

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Matterport 3D Tour

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $17,198 $1,618,000 $874,900 $743,100
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 List to Sale Price per Sq Ft
09/16/2025 09/16/25 For Sale $1,650,000 0.0% $415 / Sq Ft
09/12/2025 09/12/25 Off Market $1,650,000 -- --
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
Source: Public Records

About the Listing Agent

Chris Rooney

RE/MAX Preferred

(612) 662-1433

Section Image

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.

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Source: NorthstarMLS

MLS Number: 6681570

NorthstarMLS

APN: 20-117-23-42-0035