This beautifully updated home offers the perfect blend of modern convenience, elegant design, and a serene natural setting. Situated in a quiet cul-de-sac and backing to acres of scenic parkland, it provides a peaceful retreat while remaining close to all the amenities of the community.
The outdoor space is a true highlight, featuring a spacious two-level deck perfect for summer barbecues, a beautifully landscaped yard ideal for gardening or outdoor dining, and plenty of room for entertainment. Enjoy canoeing and kayaking in your outdoor river oasis. Inside, the thoughtfully designed layout offers both comfort and functionality. The vaulted family room, with its cozy fireplace and expansive windows, invites relaxation while capturing picturesque backyard views. The gourmet kitchen is a chef’s dream, complete with an expansive island that’s perfect for hosting gatherings or casual meals. Upstairs, the home boasts four generously sized bedrooms, including a primary suite with a spa-like en-suite bath. The lower level adds even more living space, featuring a fifth bedroom, wet bar, and entertainment area, ideal for guests or additional recreational use. Recent updates, including a new roof, siding, windows, and gutters, ensure that this home is not only beautiful but also move-in ready. (See supplement for a full list of improvements. A rare combination of thoughtful updates, stunning views, and a prime location—this is a home not to be missed.
Closed
$442,500
720 Ivanhoe Dr, Watertown, MN 55388
5beds
3,802sqft
Single Family
Built in 1998
0.29 Acres Lot
$447,700 Zestimate®
$116/sqft
$3,523 Estimated rent
Home value
$447,700
$412,000 - $488,000
$3,523/mo
Zestimate® history
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Expansive islandCozy fireplaceSpacious two-level deckOutdoor river oasisBeautifully landscaped yardVaulted family roomExpansive windows
Zillow last checked:
Listing updated:
Listed by:
Viet Le 612-306-5277,
eXp Realty
Bought with:
Jeffrey R Campbell
CENTURY 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6673813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 256 Square Feet
- Dimensions: 16x16
Bedroom 2
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 3
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 4
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 5
- Level: Lower
- Area: 144 Square Feet
- Dimensions: 12x12
Other
- Level: Lower
- Area: 312 Square Feet
- Dimensions: 26x12
Other
- Level: Lower
- Area: 208 Square Feet
- Dimensions: 16x13
Dining room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Exercise room
- Level: Lower
- Area: 150 Square Feet
- Dimensions: 15x10
Family room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Informal dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Office
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Main Level
Features
- Basement: Finished,Full,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,802
- Total interior livable area: 3,802 sqft
- Finished area above ground: 2,602
- Finished area below ground: 1,100
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Pool features: None
Lot
- Size: 0.29 Acres
- Dimensions: 48 x 133 x 159 x 139
- Features: Property Adjoins Public Land, Tree Coverage - Medium
Details
- Foundation area: 1392
- Parcel number: 852750330
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Kings Meadows
HOA
- Has HOA: No
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $510,400
- Annual tax amount: $5,706
- Date on market: 2/28/2025
- Cumulative days on market: 146 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2025 | Sold | $442,500-1.7%$116/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6673813 Report a problem | ||
| 3/14/2025 | Pending sale | $450,000$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6673813 Report a problem | ||
| 2/28/2025 | Listed for sale | $450,000-5.3%$118/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6673813 Report a problem | ||
| 2/14/2025 | Listing removed | $475,000$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 1/26/2025 | Price change | $475,000-5%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 11/25/2024 | Price change | $499,900-4.8%$131/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 10/23/2024 | Price change | $525,000-4.4%$138/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 10/7/2024 | Price change | $549,000-8.3%$144/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 10/4/2024 | Listed for sale | $599,000+42.6%$158/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6608688 Report a problem | ||
| 4/9/2021 | Sold | $420,000+68.1%$110/sqft |
Source: Agent Provided Report a problem | ||
| 6/28/2013 | Sold | $249,900+4.1%$66/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2027198 Report a problem | ||
| 11/24/2008 | Sold | $240,000-19.4%$63/sqft |
Source: Public Record Report a problem | ||
| 9/11/2003 | Sold | $297,700+646.1%$78/sqft |
Source: Public Record Report a problem | ||
| 8/15/1998 | Sold | $39,900$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,804 +1.7% | $510,400 +9% |
| 2024 | $5,706 +1.8% | $468,200 -0.5% |
| 2023 | $5,606 +5.1% | $470,700 -0.1% |
| 2022 | $5,336 +0.2% | $471,100 +24.2% |
| 2021 | $5,326 +0% | $379,200 +4.8% |
| 2020 | $5,324 +7.1% | $362,000 +0.8% |
| 2019 | $4,972 | $359,100 +15.4% |
| 2017 | $4,972 +4.8% | $311,200 +6.3% |
| 2016 | $4,744 | $292,800 +6.3% |
| 2015 | $4,744 +22% | $275,400 +28.2% |
| 2014 | $3,890 +1.2% | $214,800 -7.1% |
| 2013 | $3,844 -4.2% | $231,200 +0.3% |
| 2012 | $4,014 +2.1% | $230,600 -10.3% |
| 2011 | $3,930 -3.7% | $257,200 |
| 2010 | $4,082 -4.2% | -- |
| 2009 | $4,262 | $345,400 +6.2% |
| 2007 | -- | $325,178 +3.8% |
| 2005 | -- | $313,369 +1.7% |
| 2004 | -- | $308,072 |
| 2002 | -- | -- |
| 2001 | $3,995 +86.4% | -- |
| 2000 | $2,143 | -- |
Find assessor info on the county website
Neighborhood: 55388
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Nearby schools
GreatSchools rating
- 9/10Watertown-Mayer Elementary SchoolGrades: K-4Distance: 1.1 mi
- 9/10Watertown-Mayer Middle SchoolGrades: 5-8Distance: 1.2 mi
- 8/10Watertown Mayer High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$447,700
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Estimated market value
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- Minnesota
- Carver County
- Watertown
- 55388
- 720 Ivanhoe Dr
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