3545 Ivy Place, Orono, MN 55391

$1,825,000
Property Type: Land Lot Size (sq. ft.): 41,818 Status: Closed
Current Price: $1,825,000 List Date: 4/05/2024 Last Modified: 6/05/2025

Overview

Description

PRIVACY abounds - Build your dream home on Casco Cove of Lake Minnetonka. It offers 200 ft on a protected harbor with nearly 1 acre of elbow room. Sits on a road less traveled in an area of multi-million-dollar homes on prestigious Casco Point, making it a very unique setting. Plus, a nice picnic area and fire pit at the water’s edge with a large boat dock that has 4 slips. Or you could remodel the current 4000+ sq ft walkout rambler with 3 car garage on the site. The property offers numerous options and the current house is very livable while you ponder on what path to go forward with. Survey and Plat attached under supplements on MLS. See it soon – you will be glad you did. PLEASE Do Not walk the property without an approved appt thru Showingtime on MLS. House is occupied Do Not disturb the owners and Very LIMITED access to the house for Serious buyers with 48 hrs NOTICE.

Listing Details MLS# 6511873

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
200
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
200L x 282 x 165 x 137
Acres
0.96
Lake/Waterfront Name
Minnetonka
Power Company
Xcel Energy
Assessment Pending
Unknown
Association Fee
0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available Development Status: Finished Lot(s) Financing Terms: Cash Improvements: Paved Streets; Public Road Internet Options: Cable Lake Details: Soft Land Inclusions: Dock; For Sale Sign Lock Box Type: None Property SubType: Lake Property; Residential Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Walkout Waterfront View: Harbor

Contract Information

Off Market Date
2024-05-08
Contingency
None
Closed Date
2024-05-31
Original List Price
1950000
Sales Close Price
1825000
ListPrice
1950000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3545
Street Name
Ivy
Street Suffix
Place
Postal City
Orono
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Casco Cove

Assessments

Tax With Assessments
13838
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
15-26

Lake Details

Lake Acres
14205
Lake Depth
113
Soft
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
20
Township#
117

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 001 BLOCK 001 CASCO COVE
Listing City
Orono
Map Page
117
Municipality
Orono
School District
Westonka
School District Phone
952-491-8001
DNR Lake ID#
27013300
DNR Lake Classification
General Development
Zip Plus 4
8455
Property ID Number
2011723420034
Tax Year
2024
Tax Amount
13166
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
PRIVACY abounds - Build your dream home on Casco Cove of Lake Minnetonka. It offers 200 ft on a protected harbor with nearly 1 acre of elbow room. Sits on a road less traveled in an area of multi-million-dollar homes on prestigious Casco Point, making it a very unique setting. Plus, a nice picnic area and fire pit at the water’s edge with a large boat dock that has 4 slips. Or you could remodel the current 4000+ sq ft walkout rambler with 3 car garage on the site. The property offers numerous options and the current house is very livable while you ponder on what path to go forward with. Survey and Plat attached under supplements on MLS. See it soon – you will be glad you did. PLEASE Do Not walk the property without an approved appt thru Showingtime on MLS. House is occupied Do Not disturb the owners and Very LIMITED access to the house for Serious buyers with 48 hrs NOTICE.
Directions
Casco Point Rd to Casco Circle to Ivy Place

Development Status

Finished Lot(s)
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Lock Box Type

None
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Walkout
Yes

Waterfront View

Harbor
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes

Improvements

Paved Streets
Yes
Public Road
Yes

Land Inclusions

Dock
Yes
For Sale Sign
Yes

Property SubType

Lake Property
Yes
Residential Lot
Yes
IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: June - 05 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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