Tonka Bay Real Estate – A Premier Lakeside Community on Lake Minnetonka  

Tonka Bay is one of the most sought-after communities on Lake Minnetonka, offering an exceptional blend of luxury, recreation, and small-town charm. Located between Gideon Bay, Echo Bay, and Old Channel Bay, this picturesque area provides direct waterfront access and breathtaking views that make it a prime destination for homebuyers seeking the ultimate lakefront lifestyle. Whether you're looking for a spacious estate, a charming lake cottage, or a modern waterfront retreat, Tonka Bay offers a diverse range of real estate options to suit every buyer's needs.  

Tonka Bay’s Exclusive Lake Minnetonka Access  

Homeowners in Tonka Bay enjoy proximity to some of Lake Minnetonka’s most desirable bays, including:

  • Gideon Bay – A prime location for deep-water docks and panoramic sunset views.
  • Echo Bay – Known for its calm waters, ideal for boating, paddleboarding, and fishing.
  • Old Channel Bay – Offers a mix of luxurious waterfront properties and scenic wooded lots.
  • East Upper Lake - Near Crescent Beach, Locke Point, and Casco Point

With its expansive shoreline, top-tier boating amenities, and access to year-round outdoor recreation, Tonka Bay is a dream destination for those who want to live on the water.  

Real Estate in Tonka Bay – A Blend of Luxury and Lifestyle  

Tonka Bay features a mix of historic lake homes, contemporary estates, and move-in-ready properties designed to take full advantage of the lake’s beauty. Many homes boast private docks, large lakefront patios, and oversized windows capturing the stunning views of Lake Minnetonka. Properties here are known for high-end finishes, open-concept designs, and ample outdoor entertaining space, making them perfect for both full-time residents and seasonal homeowners.  

Award-Winning Schools and Community Benefits  

Families in Tonka Bay are served by the highly rated Minnetonka School District (ISD 276), one of the top public school districts in Minnesota. With a strong reputation for academic excellence, Minnetonka schools provide advanced learning programs, state-of-the-art facilities, and outstanding extracurricular activities, ensuring students receive a top-tier education.  

Why Buyers Choose Tonka Bay  

  • Premier Lakefront Living – Direct access to some of the most coveted bays on Lake Minnetonka.
  • Luxury Homes & Estates – A variety of architectural styles and modern amenities.
  • Proximity to Excelsior & Wayzata – Minutes from fine dining, boutique shopping, and vibrant local events.
  • Top-Ranked Schools – Served by the Minnetonka School District for world-class education.
  • Outdoor Recreation – Year-round activities, including boating, fishing, hiking, and winter sports.  

Find Your Dream Home in Tonka Bay  

Whether you're searching for a lakefront estate, a charming single-family home, or a luxurious vacation retreat, Tonka Bay offers a rare combination of privacy, elegance, and access to all that Lake Minnetonka has to offer. As a top realtor in the area, I can help you find the perfect property to match your lifestyle. Contact me today to explore the latest listings and make Tonka Bay your next home.

Latest Tonka Bay listings:

$2,640,000
CLOSED Status 3 Beds 3 Baths 6793231 MLS 3,019 SqFt.
Wake up to glowing sunrises over the water and end your days with peaceful lake views from this beautifully updated home in the Minnetonka School District. Set on 80 feet of east-facing shoreline with a hard sandy bottom on A-rated Echo Bay, this property is designed for effortless lake living—whether you're launching a boat from the premium dock, kayaking at sunrise, or entertaining friends on the lakeside deck. Inside, comfort meets thoughtful design. Sun-filled living spaces with in-floor heat invite you to relax year-round, while updated windows and doors frame serene views throughout. The open flow is perfect for entertaining, enhanced by built-in indoor and outdoor speakers that carry music from cozy evenings inside to lively summer gatherings outdoors. Upstairs, the private retreat continues with a spacious primary suite featuring dual walk-in closets and a spa-inspired bath, creating a true escape at the end of the day. Everyday living is made easy with an upper-level laundry room, smart climate control, and carefully designed storage throughout. Outside, enjoy beautifully maintained grounds, space for gardening, and plenty of room for guests to gather on the large maintenance free deck. With thoughtful updates, quality craftsmanship, and a setting that invites you to slow down and savor lake life, this home offers a lifestyle that feels both elevated and effortless.

215 W Point Road, Tonka Bay

Listing courtesy of Coldwell Banker Realty.

$2,500,000
CLOSED Status 6 Beds 6 Baths 7074173 MLS 6,321 SqFt.
Introducing 45 Clay Cliffe Drive in beautiful Tonka Bay, Minnesota. Located within the prestigious Clay Cliffe neighborhood, the only gated community on Lake Minnetonka, this exceptional residence includes a private dock and offers an unparalleled blend of luxury, privacy, and lake lifestyle amenities. Nestled on 0.65 acres with mature trees, this stunning two-story home features six bedrooms, six bathrooms, and 6,321 finished square feet thoughtfully designed for both everyday living and unforgettable entertaining. Filled with natural light, the open and versatile floor plan showcases modern finishes, artistic lighting, intricate tile and stonework, and a sophisticated mix of flooring and wall coverings that create warmth and elegance throughout. Expansive living spaces provide the perfect setting for gathering with family and friends, while the home’s exceptional design leaves a lasting impression at every turn. The main level features a chef-inspired kitchen, formal and informal entertaining spaces, dining room, new home theater, main floor laundry and guest suite. Upstairs, the luxurious primary suite offers a spa-like bathroom and private balcony retreat. Three additional bedrooms, three bathrooms, secondary laundry, and rooftop sundecks complete the upper level. Outside, enjoy the beautifully landscaped grounds, spacious patio, and four-car attached garage. Residents of Clay Cliffe enjoy year-round lawn and snow service, exclusive access to a shared lakeside gazebo, and two tennis courts. This property is minutes from the shopping, dining, and charm of downtown Excelsior. Located in award-winning Minnetonka School District. Incredible opportunity get into the highly desirable Clay Cliffe neighborhood.

45 Clay Cliffe Drive, Tonka Bay

Listing courtesy of Compass.

$1,915,000
CLOSED Status 3 Beds 4 Baths 7041186 MLS 2,824 SqFt.
Striking and truly one-of-a-kind, this custom Aspect Design Build seamlessly blends modern architecture with warm, organic finishes to create an unforgettable living experience in the heart of Lake Minnetonka, just moments from Wakota Beach, Tonka Bay Marina, Caribbean Marina, and Bay to Bay Boat Club. Thoughtfully curated wood and stone details, soaring vaulted ceilings, designer lighting, and expansive Andersen A400 windows fill the home with warmth, texture, and natural light. At the heart of the home, the luxury chef’s kitchen features cabinet-faced SKS appliances, range with sous vide, quartzite countertops, maple cabinetry, dishwasher drawers, a farm sink, and a hidden prep kitchen complete with wine bar, pantry, baking station, and built-in desk. The adjoining great room stuns with pine walls, a wood-burning fireplace with marble hearth, and dramatic statement chandelier. Designed for effortless indoor/outdoor living, expansive glass pocket doors fully open to a covered composite deck with lake views, creating a seamless extension of the home. The outdoor living space is exceptional, featuring a full kitchen, gas fire table, electric heaters, Zuri composite deck, and multiple gathering areas perfect for entertaining in every season. A rooftop deck with hot tub, sound system, and illuminated glass railings offers another incredible space to relax and take in the views. The luxurious primary suite is a private retreat with vaulted beam ceilings, fireplace, blackout blinds, custom walk-in closet, spa-like bath with heated floors and cedar sauna, plus thoughtful details throughout including Sonos audio, heated garage and lower-level floors, beautifully landscaped grounds with a thoughtfully designed irrigation and drip system, and custom home systems created for elevated everyday living. A rare combination of architectural artistry, luxury amenities, and seamless indoor/outdoor living, this extraordinary home was designed to be experienced as much as admired.

175 Lakeview Avenue, Tonka Bay

Listing courtesy of Coldwell Banker Realty.

$2,150,000
CLOSED Status 4 Beds 5 Baths 7008984 MLS 5,421 SqFt.
Don't miss this beautiful coastal-inspired home in the demand Gideon's Point neighborhood! This picturesque, custom-built home comes with a deeded 32 x 14 foot overed deep water boat slip, providing lake life without the shore upkeep and lakeshore taxes. Located on Grade-A rated Gideon's Bay (Lower Lake) on Lake Minnetonka, the home is also in the award-winning Minnetonka School District! This rare opportunity is available only due to relocation. The home features 4 bedrooms (all ensuites) with an incredible main floor primary bedroom and its own private balcony. A catwalk over-looking the great room connects two more bedrooms, with the 4th bedroom located on the lower level. Also featured: A main floor office/den with private screened porch; a gourmet kitchen with a huge center island which opens to the family room; a light-filled vaulted living room, dining area and family room -- all with soaring windows and private views of nature. On the lower walk-out level you'll find a wet bar; media/family room; games & entertainment spaces, the 4th bedroom and storage. A 3-car insulated & heated garage; beautiful private wooded grounds with a fire pit, mature trees and garden; a fully fenced back yard, and an expansive deck all make this property ideal for family and friends. The $3100/year HOA fee covers the dock (in and out, plus maintenance; weekly cleaning & maintenance of commons area grounds. No Resale Disclosure Certificate available. Boat slip stays with the property; no lottery or rotating system between homeowners. Property is just minutes from downtown Excelsior and Wayzata. 30-minutes to downtown Minneapolis and MSP International Airport.

45 Gideons Point Road, Tonka Bay

Listing courtesy of Coldwell Banker Realty.

$1,550,000
CLOSED Status 4 Beds 5 Baths 6794353 MLS 3,259 SqFt.
Experience the best of Lake Minnetonka living with this one-of-a-kind Tonka Bay gem, offering over 3,200 finished square feet of thoughtfully designed space in a prime waterfront location. Set on a .75-acre lot with 75 feet of shoreline along a quiet channel leading to Lafayette Bay, this property combines privacy, effortless water access and year-round enjoyment. A rare year-round dock sets this property apart, providing seamless access to boating, kayaking and fishing. Inside, the home showcases a blend of character and unique architecture. The vaulted living room features floor to ceiling windows framing tranquil water views and filling the space with natural light. The main level offers a highly desirable layout with four bedrooms on one floor, including a spacious primary suite with its own private waterside deck, walk-in closet, and ensuite bath. Multiple access points to the main deck make indoor-outdoor living a breeze, whether you’re entertaining or simply enjoying mornings overlooking the waterfront. The walkout lower level is a central gathering space featuring a family room with a cast-iron wood-burning stove on a grand marble hearth, wet bar, and patio access just steps from the water. The lower level also includes a media room, exercise area, and spa room with hot tub and bath. The shower can even be converted into a steam shower for true at-home relaxation. Exceptional functionality completes the home, including a massive 22’ x 23’ Spancrete storage space that doubles as a storm shelter and connects to a heated, lower-level garage/workshop with a new insulated garage door. With five baths, including one conveniently located near the workshop, this home blends a smart design with waterfront living. Built with quality craftsmanship and distinctive architecture, this Lake Minnetonka home offers a balance of comfort, setting, and lifestyle in one of the area's most desirable communities, within the award-winning Minnetonka School District. Welcome to Tonka Bay – where the living is both refined and relaxed, season after season.

55 Interlachen Drive, Tonka Bay

Listing courtesy of RE/MAX Results.

$575,000
CLOSED Status 4 Beds 2 Baths 6739588 MLS 2,309 SqFt.
Rare Tonka Bay Opportunity - Double Lot, Award-Winning Schools, Walkable to Lake Minnetonka! Live in the actual city of Tonka Bay - one of the area's most coveted gems. This solid, well-built home sits on a rare half-acre double lot tucked on a quiet street. Very clean and well-maintained, with room to update and personalize over time. The main level includes three bedrooms, an updated full bath, and a sun-filled 4-season porch overlooking a serene natural wetland area. The kitchen features granite countertops, stainless steel appliances, and an adjacent main-floor laundry that could convert to a future primary bath if desired.   The walkout lower level adds valuable living space, including two large family rooms and a remodeled 3/4 bath. A fourth bedroom offers flexibility as a home office, guest room, or exercise area. Outdoor living shines with a spacious deck and screened porch that offer scenic, private views. Perks include access to Tonka Bay’s beautiful community parks and lake amenities like Crescent Beach, Mainitou Park, Wekota Park - all maintained by the city for residents. The home also benefits from Andersen windows, a newer roof, and a concrete driveway. Located within the award-winning Minnetonka School District and just minutes to downtown Excelsior’s shopping and dining.   Tonka Bay residents can apply for a Lake Minnetonka boat slip (waitlist applies) and enjoy walkable lake access via a nearby fire lane - perfect for kayaking, paddleboarding, or fishing from the shore.   Extremely rare to find this opportunity within the actual city limits. Easy to show - schedule your tour today!

20 Woodlawn Avenue, Tonka Bay

Listing courtesy of NOW Realty.

$1,275,000
CLOSED Status 4 Beds 7 Baths 6706125 MLS 4,510 SqFt.
Wind your way through tree lined roads to your sanctuary on Gideon Bay! East facing with commanding panoramic lake views, the home offers a 2006 Spanish Mediterranean rebuild (previous owner design build). Cul-de-sac setting with 9 neighboring homes, .65 acre fully fenced lot abutting marsh, deeded lake access, and private dock that will accompany a 24’ boat! Distinctive architecture created by a Mexican artist, Oscar, from Hacienda Rustica, and floors throughout are refurbished from an old chicken coup in Northern MN! Intentionally designed to capture the gorgeous views from all spaces on the east facing side. Best views captured in your kitchen…a great gathering awaits! Seating for 5 at the center island plus dining for 8 alongside. Dacor double wall ovens, Dacor 6 ring gas range with griddle, Sub-Zero refrigerator, trash compactor, and cool copper hammered sink, and a wet bar sink. Spacious walk-in pantry and stand-up freezer, and main floor laundry, too, nearby. Dine by the lake, wake up to the lake, sit by the fire with lakes views, “zen” off your owner’s suite overlooking the lake! Wow! 4 bedrooms on 2nd floor – one is an ensuite and then the owner’s primary suite, which is incredible! 7 bathrooms, 4 bedrooms, library/office, large mudroom, grand living and dining areas, convenient access to huge private backyard! Extra 1 car detached garage/storage. Plenty of toy storage along back fence. Deck and hot tub for star gazing! You must come by and experience 30 Willow Woods Drive. What a story to tell! We would love to have you reside here! Thank you!

30 Willow Woods Drive, Tonka Bay

Listing courtesy of Coldwell Banker Realty.

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