3535 Ivy Place, Wayzata, MN 55391 (MLS# 7049412)


$1,495,000
3535 Ivy Place
Wayzata, MN 55391
MLS# 7049412
Status: Closed
6 beds  |  5 baths  |  3979 sqft


The property’s true value lies in its setting. With ample space on the lot, there’s potential for storage, outdoor living areas, and additional structures.
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The property’s true value lies in its setting. With ample space on the lot, there’s potential for storage, outdoor living areas, and additional structures. 3535 Ivy Place offers a rare opportunity: nearly an acre of land with 90 feet of protected lakefront along Carman’s Bay on Lake Minnetonka, widely regarded as the metro’s premier lake. 3535 Ivy Place, Wayzata, MN 55391 Though in need of updated decking, dock, stairs, and landscaping, it offers a private connection to the bay. 3535 Ivy Place, Wayzata, MN 55391 Property boasts 1.02 acres of natually wooded areas providing both privacy and beauty 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 This is an invitation to envision a lifestyle defined by Carman’s Bay—schedule a visit to explore its possibilities. 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391 3535 Ivy Place, Wayzata, MN 55391

Property Description
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!

Details
Maps
Documents
Contract Information
Status: Closed
Off Market Date: 2026-04-13
Contingency: None
Current Price: 1450000
Closed Date: 2026-08-07
Original List Price: 1495000
Sales Close Price: 1450000
ListPrice: 1495000
List Date: 2026-04-07
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Road Btwn WF & Home?: No
Waterfront Frontage: 90
Waterfront YN: Yes
Year Built: 1976
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 6
Baths Total: 5
Bath Full: 3
Bath Three Quarters: 2
Main Floor Total SqFt: 1334
Above Grd Total SqFt: 2824
Below Grd Total SqFt: 1155
Total SqFt: 3979
Total Finished Sqft: 3979.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1263
Garage Stalls: 3
Lot Dimensions: Commons
Acres: 1.02
Assessment Pending: Yes
Location Tax and Other Information
House Number: 3535
Street Name: Ivy
Street Suffix: Place
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Assessments
Tax With Assessments: 17198.12
Building Information
Finished SqFt Above Ground: 2824
Finished SqFt Below Ground: 1155
Lake Details
Lake Acres: 14205
Lake Depth: 113
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 38x23
Garage Square Feet: 874
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Deck; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup
Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Dryer; Electronic Air Filter; Microwave; Range; Refrigerator; Washer
Basement: Egress Windows
Bath Description: Main Floor Full Bath; Upper Level Full Bath; Private Primary; 3/4 Basement
Construction Status: Previously Owned
Dining Room Description: Breakfast Area; Separate/Formal Dining Room
Exterior: Brick/Stone; Cement Board; Wood
Family Room Characteristics: 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Lower Level; Main Level
Financing Terms: Cash
Fireplace Characteristics: Family Room; Gas Burning; Living Room
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lake Details: Soft
Laundry: Upper Level
Lot Description: Irregular Lot; Tree Coverage - Medium
Pool Description: None
Road Frontage: City Street
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Special Search: 2nd Floor Laundry; 3 BR on One Level; Main Floor Bedroom
Stories: Two
Water: City Water/Connected
Waterfront Type: Lake Front; Lake View
Waterfront View: Lake
Room Information
Room Name Dimensions Level
Bonus Room11x7Lower
Dining Room13x10Main
Family Room36x23Lower
Fifth (5th) Bedroom14x13Upper
First (1st) Bedroom12x9Main
Fourth (4th) Bedroom17x14Upper
Foyer14x7Main
Kitchen18x17Main
Living Room24x20Main
Primary Bath15x13Main
Second (2nd) Bedroom15x13Main
Sixth (6th) Bedroom12x11Basement
Third (3rd) Bedroom17x12Upper

Listing Office: RE/MAX Preferred

Last Updated: August - 07 - 2026

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