Listed at
$1,495,000
$376/sqft

3535 Ivy Place

3535 Ivy Place, Orono, MN, 55391
6  Bedrooms5  Bathrooms3,979  Square Feet1.02  Acres
Days on market121
Year built1976
Garage spaces3
TypeResidential
Est. $41,850buyer credit when you buy with SODL
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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!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1976
LevelsTwo
Living area3,979 sqft
Above-grade finished2,824 sqft
Below-grade finished1,155 sqft
Lot size1.02 acres (Commons)
Days on market121
ListedApr 7, 2026
MLS #NST7049412
CountyHennepin
Parcel #2011723420035

Facts & features

Interior

Bedrooms
6
Bathrooms
5
Bath breakdown
3 full / 2 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer

Property

Levels / stories
Two
Garage
3 spaces · 38x23 · 874 sqft
Parking features
Attached Garage
Patio & porch
Deck
Exterior features
Stone, Cement Board, Wood
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,263 sqft
Roof
Asphalt
Year built
1976

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

HOA
No HOA
School district
277 - Westonka
High school district
Westonka

Financial & listing details

Annual tax
$17,198.12 (2025)
Listed
Apr 7, 2026
Days on market
121 · 208 cumulative
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths3
3/4 baths2
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Egress Window(s), Finished, Walkout
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces2
LaundryUpper Level
AppliancesAir-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
DiningBreakfast Area, Separate/Formal Dining Room
AmenitiesCeiling 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
AccessibilityNone
Special features2nd Floor Laundry, 3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorStone, Cement Board, Wood
RoofAsphalt
FoundationBlock
Foundation area1,263 sqft
Patio/porchDeck
Lot featuresIrregular Lot, Tree Coverage - Medium
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces3
Garage size874 sqft

Financial details

Annual taxes$17,198.12
Tax year2025
Taxes w/ assessments17198.12
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District277 - Westonka
District number277
District phone9524918001
High schoolWestonka
SODL flat fee brokerage
$41,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $41,850

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$9,788/mo
Principal & interest$7,857
Property taxes$1,433
Home insurance (est.)$498
%
$299,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

3535 Ivy Place, Orono, MN, 55391

Listing information

MLS #NST7049412
StatusClosed
Last updatedAug 7, 2026, 6:28 PM
Originally listedApr 7, 2026, 11:13 AM
Listing officeRE/MAX Preferred

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.