505 Ivanhoe Drive W Don’t miss this great opportunity to own this ½-acre lot equipped with water, septic, and electricity. Located in the desirable Ivanhoe community, this lot is positioned to become a future lakeview property once the new lake in the front section of Ivanhoe is completed—adding even more value and appeal. Enjoy the flexibility of ownership with no mandatory HOA dues required in this section. Whether you’re looking to build now or invest for the future, this property offers convenience, potential, and a great location all in one. Per community guidelines, the property is suitable for a single-family site-built home with a minimum of 1, 000 square feet, and mobile homes are not permitted. Short-term RV camping may be allowed with a city permit following a 17-day onsite and 5-day offsite rotation. Ivanhoe residents enjoy exclusive private lake access along with community amenities including parks, a swimming area, and a welcoming community center.