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720 Ivanhoe Drive

Watertown, MN 55388

5 beds
4 baths
3,702 sqft
12,632 sqft lot
$121 per sqft
1998 build
– on site

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.

Listing courtesy of NORTHSTAR / Viet Le / eXp Realty

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# 6673813 —

The Building

Year Built:

1998
New Construction:

false
Age Of Property:

27
Construction Materials:

Vinyl Siding
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1392.0000
Basement:

Finished, Full, Sump Pump, Walkout
Basement:

true
Foundation Area:

1392
Manufactured Home:

No
Building Area Total:

3802
Above Grade Finished Area:

2602
Below Grade Finished Area:

1100

Interior

Dining Room Description:

Eat In Kitchen,Separate/Formal Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Family Room
Amenities:

Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Panoramic View,Wet Bar

Room Dimensions

Living Area:

3702

Location

Directions:

Co Rd 10/ White St SE - South on Newton Ave SE - Right on Ivanhoe Dr to home at the back of the cul-de-sac.
Latitude:

44.955166
Longitude:

-93.847418

The Property

Parcel Number:

852750330
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Property Adjoins Public Land, Tree Coverage - Medium
Lot Size Area:

0.29
Lot Size Dimensions:

48x133x159x139
Lot Size SqFt:

12632.4
Lot Size Units:

Acres
Road Frontage Type:

City Street, Cul De Sac, Curbs, Paved Streets
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

5706
Tax With Assessments:

5706.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Bath Description:

Double Sink,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath
Full Baths:

3
Half Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Schools

High School District:

Watertown-Mayer

The Community

Subdivision Name:

Kings Meadows
Pool Features:

None
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Garage Door Opener
Garage Spaces:

2
Garage Dimensions:

22x24
Garage SqFt:

517

Monthly cost estimate

Asking price

$450,000

Expense	Monthly cost
Mortgage	$2,409
Taxes	$475
Insurance	$123
Utilities	$181 See report
Total	$3,188/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
3/14/25 Mar 14, 2025	Pending	NORTHSTAR	$450,000
2/28/25 Feb 28, 2025	Listed / Active	NORTHSTAR	$450,000
1/26/25 Jan 26, 2025	Price Changed	NORTHSTAR

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This house located in Watertown, MN 55388 is currently pending sale for $450,000. 720 Ivanhoe Drive is a 3,702 square foot house with 5 beds and 4 baths that has been on Estately for 17 days. This house is in the attendance area of Watertown Mayer High School, Watertown-Mayer Middle School, Watertown-Mayer Primary School, and Watertown-Mayer Elementary School.

Listing Courtesy of: NORTHSTAR and eXp Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

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.