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!
Closed
Zillow last checked:
Listing updated:
Bought with:
Joshua D Krsnak
Hempel Properties
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7049412
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $1,450,000-3%$364/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7049412 Report a problem | ||
| 4/7/2026 | Listed for sale | $1,495,000-9.4%$376/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7049412 Report a problem | ||
| 12/24/2025 | Listing removed | $1,650,000$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681570 Report a problem | ||
| 6/27/2025 | Listed for sale | $1,650,000$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681570 Report a problem | ||
| 4/29/2025 | Listing removed | $1,650,000$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681570 Report a problem | ||
| 4/3/2025 | Listed for sale | $1,650,000+52.8%$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6681570 Report a problem | ||
| 7/27/2018 | Sold | $1,080,000-1.4%$271/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4939054 Report a problem | ||
| 4/13/2018 | Listed for sale | $1,095,000-4.8%$275/sqft |
Source: HomeAvenue - FSBO #4939054 Report a problem | ||
| 4/13/2018 | Listing removed | $6,750$2/sqft |
Source: Owner Report a problem | ||
| 4/6/2018 | Listed for rent | $6,750$2/sqft |
Source: Owner Report a problem | ||
| 4/7/2017 | Listing removed | $1,150,000$289/sqft |
Source: Coldwell Banker Burnet - Wayzata #4794442 Report a problem | ||
| 2/13/2017 | Listed for sale | $1,150,000-3.8%$289/sqft |
Source: Coldwell Banker Burnet - Wayzata #4794442 Report a problem | ||
| 8/25/2016 | Listing removed | $1,195,000$300/sqft |
Source: Coldwell Banker Burnet - Wayzata #4715135 Report a problem | ||
| 5/14/2016 | Listed for sale | $1,195,000-0.3%$300/sqft |
Source: Coldwell Banker Burnet - Wayzata #4715135 Report a problem | ||
| 8/24/2014 | Listing removed | $1,199,000$301/sqft |
Source: Coldwell Banker Burnet - Wayzata #4481868 Report a problem | ||
| 5/20/2014 | Listed for sale | $1,199,000+31.8%$301/sqft |
Source: Coldwell Banker Burnet - Wayzata #4481868 Report a problem | ||
| 6/29/2005 | Sold | $910,000+160.7%$229/sqft |
Source: Public Record Report a problem | ||
| 12/30/1998 | Sold | $349,000+36.9%$88/sqft |
Source: Public Record Report a problem | ||
| 4/18/1996 | Sold | $255,000$64/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$1,449,900
