Tonka Bay Real Estate

Welcome to Tonka Bay, a hidden gem nestled in the heart of Hennepin County, Minnesota. This picturesque lakeside community, located on the shores of Lake Minnetonka, offers a unique blend of serene living and vibrant local culture, making it an ideal destination for families, retirees, and outdoor enthusiasts alike.

Tonka Bay is renowned for its stunning natural beauty, with lush parks and scenic waterfronts that invite residents to embrace the great outdoors. Whether you’re enjoying a leisurely stroll along the walking trails, participating in community events, or launching your boat for a day of fishing, the opportunities for recreation are endless. The area is also home to several well-maintained parks, including the popular Tonka Bay Park, where children can play and families can gather for picnics.

The community boasts a strong sense of camaraderie, with friendly neighbors and a welcoming atmosphere. Residents enjoy a quaint village feel while still benefiting from the conveniences of urban life, with nearby shopping, dining, and entertainment options just a short drive away. The local schools are highly regarded, adding to the appeal for families looking to settle in a nurturing environment.

For those who appreciate the charm of small-town living without sacrificing access to metropolitan amenities, Tonka Bay is the perfect place to call home. With its breathtaking lakeside views, rich community spirit, and endless recreational activities, Tonka Bay is not just a place to live; it’s a lifestyle waiting to be embraced. Explore the possibilities and discover why so many are drawn to this enchanting corner of Minnesota!

Newest Listings in Tonka Bay

$499,999

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7107184 MLS ⋅ 1,854 SqFt.

Welcome to 5330 Manitou Road, a beautifully updated home in highly sought-after Tonka Bay, blending timeless character with thoughtful updates, including fresh paint and a brand-new roof completed in March 2026. The main living space features vaulted ceilings with stunning exposed beams, creating warmth, natural light, and an open feel perfect for everyday living and entertaining. Thoughtful built-ins, including a charming wine rack, add style and function, while the lower level offers a wet bar and flexible gathering space ideal for hosting. Outside, enjoy a private yard and an unbeatable location right next to Manitou Park, with easy access to new park improvements, including a baseball field, dog park, hockey rink, playground, and more. Just minutes from Lake Minnetonka and walkable to Excelsior for dining, coffee, and shopping, this home offers the perfect blend of lifestyle, location, and charm.

5330 Manitou Road, Tonka Bay

Listing courtesy of RE/MAX Results.

$2,590,000

ACTIVE Status ⋅ 7057352 MLS

Experience lakeside living at its finest on this exceptional Lake Minnetonka lot, featuring 140 feet of level, A-rated sandy lakeshore on East Upper Lake. Nearly half an acre of southwest-facing shoreline offers miles of panoramic views and breathtaking sunsets over the water. This prime location combines peace and privacy with incredible convenience—just minutes from downtown Excelsior, scenic trails, and beautiful parks. Situated within the award-winning Minnetonka School District, this is a rare opportunity to build your dream home on one of the area’s most sought-after settings. Picture yourself enjoying life on this extraordinary lot—your piece of beautiful Lake Minnetonka. The house plan attached is available to be built. The total land and build cost would be $4,995,000

4410 Manitou Road, Tonka Bay

Listing courtesy of Gatehouse Properties LTD.

$1,275,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7031321 MLS ⋅ 2,988 SqFt.

Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown Excelsior, offering boutique shopping, restaurants, grocery, and Lake Minnetonka amenities. Explore the Lake Minnetonka LRT Regional Trails for miles of walking and biking. Lake Park Villas is HOA-maintained, making this property an attractive option for seasonal residents.

5624 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,250,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7031340 MLS ⋅ 2,988 SqFt.

5654 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,150,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 6764628 MLS ⋅ 2,988 SqFt.

5650 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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