Tonka Bay Lakeshore Properties for Sale

CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7051213 MLS ⋅ 3,172 SqFt.

Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck dramatically expands the living space outdoors and is equipped with radiant heaters, ceiling fans, speakers, Phantom Screens, and a TV hookup, making it an ideal place to relax or entertain throughout much of the year while overlooking Gideon Bay. All four bedrooms are conveniently located on the upper level, including a versatile fourth bedroom above the garage that could easily function as a recreation room, bonus room, media room, or additional family room depending on your needs. The heated 3-car garage is another standout feature, complete with in-floor heat for year-round comfort and exceptional storage. Outside, the professionally designed landscaping enhances the lakefront setting. The property is located next to a fire lane, creating a substantial amount of additional open space along the east side of the home and providing greater separation from the neighboring property. Beyond the home itself, this quiet and highly desirable Tonka Bay street offers an outstanding Lake Minnetonka lifestyle just a short walk from the Caribbean Marina area and lakeside dining, while nearby Wekota Park and Beach features a sandy Lake Minnetonka beach, playground, walking trail, picnic areas, basketball, one tennis court, and three pickleball courts. Tonka Bay is also ideally positioned just west of Excelsior, putting the shops, restaurants, waterfront amenities, and vibrant downtown Excelsior area within easy reach. With its prime Gideon Bay frontage, level lakeside lot, panoramic south-facing views, exceptional outdoor entertaining spaces, gourmet kitchen, four upper-level bedrooms, heated three-car garage, and walkable access to some of Tonka Bay's best recreation and lake amenities, 365 Lakeview Ave offers a rare opportunity to enjoy one of the most desirable lifestyles on Lake Minnetonka.

365 Lakeview Avenue, Tonka Bay

Listing courtesy of RE/MAX Results.

$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.

$2,440,000

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.

$3,000,000

CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7017958 MLS ⋅ 3,190 SqFt.

Lake Minnetonka Lakeshore! Prime Lower Lake location with clear water, hard sand bottom and level lakeside lawn. Kathy Alexander–designed and Ador built, this two-story lives like new construction. Panoramic views of the water stretch across Excelsior, Gale Island, and beyond — perfect for watching the Excelsior fireworks from your own backyard. Inside, a crisp white interior features hardwood floors and a dramatic wall of glass that opens to the patio and lawn. Open concept main floor with center-island kitchen, great room with fireplace and lakeside covered porch with phantom screens. Upstairs features a primary suite with luxury bath, three additional bedrooms, laundry and a flex space perfect for den or exercise. Great location just minutes from downtown Excelsior with easy access to parks, trails, and award-winning Minnetonka Schools.

245 Lakeview Avenue, 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.

$2,320,000

CLOSED Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 6779578 MLS ⋅ 2,787 SqFt.

Lake Minnetonka Lakeshore! Over 140’ of level, A-rated sandy lakeshore on the East Upper Lake. Nearly a half-acre with miles of panoramic views and dramatic sunsets. Renew this solid, one-level home or build your dream home; new construction plans available. Prime location minutes to downtown Excelsior, trails and parks. Award-winning Minnetonka Schools. Award-winning Minnetonka Schools.

4410 Manitou Road, Tonka Bay

Listing courtesy of Coldwell Banker Realty.

$3,175,000

CLOSED Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 6748408 MLS ⋅ 2,440 SqFt.

Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.

465 Lakeview Avenue, Tonka Bay

Listing courtesy of Coldwell Banker 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.

$1,525,000

CLOSED Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 6702812 MLS ⋅ 2,011 SqFt.

51 feet of sandy beach lakefront on the exceptional Gideon Bay. A quiet, stunning corner of Lake Minnetonka (rated Grade A water quality). Elevated panoramic views. Available now to enjoy all Summer long. Home is poised for a teardown or remodel – though very livable while you plan. 3 bedrooms, 2 baths. Updated kitchen, separate dining room and oversized living room – with amazing lake views. deck and an exceptional screened porch for endless entertaining possibilities. Storage shed for all the water toys. Dock and cover all stay. Walk / bike to downtown Excelsior via the Lake Minnetonka Regional Trail system. Fabulous Minnetonka school district.

10 Woodlane Street, Tonka Bay

Listing courtesy of Edina Realty, Inc..

$895,000

CLOSED Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 6676505 MLS ⋅ 2,110 SqFt.

This rare Lake Minnetonka townhome wasn’t just listed—it was presented. Positioned on a private 4-acre peninsula with over 1,100 feet of pristine shoreline, this home offered more than just lakefront—it offered a lifestyle. Featuring a private 32-foot dock slip, expansive water views, and a beautifully updated two-story layout, every detail was highlighted to attract discerning lake buyers. From the rich hardwood floors and vaulted, sun-filled living spaces to the chef’s kitchen with cherry cabinetry and double-oven range, we showcased how this home was designed for both everyday elegance and effortless entertaining. The vaulted primary suite with fireplace and spa bath added the kind of luxurious touch today’s buyers expect. Professional staging, strategic copywriting, and high-impact visuals helped tell the story of refined lakeside living—and the results spoke for themselves. Low-maintenance living, private trails, firepits, and community amenities were all brought to life in a way that connected emotionally with buyers.

22 W Point Place, Tonka Bay

Listing courtesy of RE/MAX Advantage Plus.

$1,250,000

CLOSED Status ⋅ 1 Beds ⋅ 2 Baths ⋅ 6592290 MLS ⋅ 1,353 SqFt.

Discover the perfect blend of natural beauty and prime location at 45 Lakeview. This unique property, available as a single-family home site or a prime lot for future development, offers breathtaking views overlooking Echo Bay on this northeast facing lot on Lake Minnetonka. Enjoy 100 feet of shoreline and serene vistas of historic Big Island right from your future home. Whether you're looking to build your dream residence or invest in a piece of land with exceptional potential, this site provides endless possibilities. Don't miss this rare opportunity to own a piece of Lake Minnetonka's coveted shoreline. ENorth East facing lakeshore on Echo Bay. Build your dream home!

45 Lakeview Avenue, Tonka Bay

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,250,000

CLOSED Status ⋅ 6590208 MLS

Discover the perfect blend of natural beauty and prime location at 45 Lakeview. This unique property, available as a single-family home site or a prime lot for future development, offers breathtaking views overlooking Echo Bay on this northeast facing lot on Lake Minnetonka. Enjoy 100 feet of shoreline and serene vistas of historic Big Island right from your future home. Whether you're looking to build your dream residence or invest in a piece of land with exceptional potential, this site provides endless possibilities. Don't miss this rare opportunity to own a piece of Lake Minnetonka's coveted shoreline. ENorth East facing lakeshore on Echo Bay. Build your dream home!

45 Lakeview Avenue, Tonka Bay

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

Tonka Bay Lakeshore Properties for Sale

Tonka Bay Lakeshore - Active, Pending & Sold