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3535 Ivy Place offers a rare opportunity: just over an acre of $1,650,000

3535 Ivy Place, Orono, MN 55391

6 br, 5.0 ba, 1976 3979 sf
Hennepin County
Ad #: 5996310

Lake Home For Sale

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. A past plumbing leak requires inspection of the piping, along with likely replacement of fixtures and seals. Remarkably well-preserved, the residence presents multiple possibilities--repair for immediate use, 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!

Property Details

  • Beds: 6
  • Baths: 5.0
  • Sq Feet: 3979
  • Year Built: 1976
  • Location: Lake Minnetonka
  • Acres: 1.020
  • Lakefront: Yes
  • Lakeview: Yes
  • County: Hennepin County
  • Heat/AC: Fireplace, Forced Air
  • Garage: Garage, Garage - Attached
  • Roof: Asphalt, Shingle
  • Fireplaces: Has Fireplace
  • Property Taxes: $17,198
  • MLS #: 6681570

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Chris P Rooney, RE/MAX Preferred, 952-234-1232, 952-226-7653 Listing Site, Listing Status: Active
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Lake Home For Sale in Orono, Minnesota
Ad Number : 5996310
Viewed: 14 times
Added: Apr 03, 2025
Updated on: Apr 03, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.