Refine Search
Sort by
$667,400
ACTIVE Status 2 Beds 1 Baths 7112095 MLS 1,000 SqFt.
Discover a rare opportunity in the highly sought-after lakeside community of Tonka Bay, ideally positioned on a quiet peninsula between Echo Bay and Gideons Bay. Enjoy walking distance to local marinas, boat docks and Wekota Beach Park, featuring a sandy beach, playground, basketball court and pickleball courts. Charming downtown Excelsior is just minutes away by car or boat, offering convenient access to waterfront dining, shopping, and entertainment. Situated on a spacious .37-acre lot, the property features a quaint existing home, generous outdoor space, and a detached garage with room for boats, vehicles, recreational equipment or additional storage. Enjoy the home as it is, renovate and expand, OR explore the potential to build a new modern residence in an area experiencing continued investment and high0end new construction. Combining the appeal of a charming lakeside community with convenient access to Lake Minnetonka and downtown Excelsior, this property presents a unique opportunity to create your ideal home in one of the area's most desirable locations.

175 Tonka Bay Road, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$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.

$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.

$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.

$760,000
CLOSED Status 3 Beds 3 Baths 6705745 MLS 3,248 SqFt.
Welcome to this beautifully maintained and updated 3 bedroom, 3 bathroom townhouse nestled in the heart of Tonka Bay - just one block from stunning Lake Minnetonka and the serene shores of Wekota Beach. With over 3,500 square feet of thoughtfully designed space, this home combines the ease of main-level living with the flexibility of spacious, light-filled interiors perfect for both entertaining and unwinding. Step inside and feel the warmth of a home that has been lovingly cared for, featuring brand new Andersen windows, plush new carpeting, and two inviting gas fireplaces that anchor the main living areas, newer furnace, newer roof, and exterior paint. Soaring ceilings and grand open-concept living spaces allow for a seamless flow from room to room, while large windows draw in beautiful natural light throughout the day. Whether hosting a gathering or enjoying a quiet evening, you’ll find both elegance and comfort in every corner. One of the true highlights of the home is the cozy four season porch, three-season screened porch, or the maintenance free deck - a peaceful sanctuary for morning coffee, afternoon reading, or evening conversations surrounded by nature (you will enjoy plenty of deer sightings). The primary suite offers everything you need on one level, while the lower level provides additional living and guest space, ideal for multi-generational living or work-from-home flexibility. Situated in a small, privately managed HOA with friendly, long-term neighbors, this is a rare opportunity to live in a tight-knit community while still being minutes from all the best the west metro has to offer. Enjoy daily walks to Wekota Beach with its swimming area, tennis courts, and playground, or venture less than 15 minutes to Excelsior, Sherwood, Long Lake, and Wayzata for upscale shopping, lakeside dining, and cultural experiences. This is more than just a home - it's a lifestyle of comfort, convenience, and community in one of the most beloved lake towns in Minnesota. Don’t miss your chance to call it home.

10 Echo Bay Drive, Excelsior

Listing courtesy of Engel & Volkers Lake Minnetonka.

$1,250,000
CLOSED Status 1 Beds 2 Baths 6730566 MLS 1,520 SqFt.
Opportunity knocks. Offered for the first time in over 50 years. Nestled on a secluded no-outlet road, this unique lake home offers the perfect blend of tranquility, charm, and untapped potential. Just steps away from the water’s edge with 40 feet of South facing lakeshore on Gideon's Bay, boasting breathtaking panoramic lake views. Enjoy the spacious screened-in deck, designed to soak in the scenery year-round. Inside, the home features vaulted ceilings, skylights, hardwood floors, and a cozy fireplace, all enhanced by a unique open floor plan that’s perfect for entertaining or unwinding. Whether you're looking for a serene getaway, a renovation opportunity, or a dream rebuild, this property is poised with potential. Located just minutes from Downtown Excelsior, shopping and everyday amenities, yet worlds away from the hustle, this is your chance to own a slice of lakeside paradise. Don’t miss this rare opportunity to create your perfect lakefront lifestyle.

475 Lakeview Avenue, Excelsior

Listing courtesy of RE/MAX Results.

$615,000
CLOSED Status 3 Beds 3 Baths 6643231 MLS 2,154 SqFt.
Location, Location, Location! Gideons Bay neighborhood just steps to Lake Minnetonka with public lake access 2 houses down. Walking distance to Wekota Beach Park and Tonka Bay Marina. This home has been fully renovated, and offers an updated kitchen, baths, gleaming hardwood floors, lots of natural light, and so much more. Open floor plan is great for everyday living and entertaining. Two beds and baths on the main level, and 1 bed/bath in the lower level. One level living is possible as there are washer/dryer hookups in the primary bedroom closet. Newer over-sized two car garage, and a large deck for those outdoor BBQ’s. New roof in 2024. Large flat lot. Dock space available through the city. Close to Excelsior. Welcome home!

10 Pearl Street, Excelsior

Listing courtesy of Coldwell Banker Realty - Lakes.

$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.

$1,970,000
CLOSED Status 4 Beds 5 Baths 6533531 MLS 4,423 SqFt.
Experience the epitome of lakefront living with this exceptional home, offering an unparalleled combination of elegance, comfort, and convenience. Nestled in the coveted Gideons Point neighborhood, this custom-built residence boasts a unique blend of luxurious features and practical amenities, all without the hassle of shoreline maintenance. Enjoy a picturesque lifestyle on the pristine waters of Gideons Bay, Lake Minnetonka, complete with a deeded 32’x14’ boat slip housed at a deep-water dock. With direct access to the lake, you can indulge in all the joys of waterfront living, including serene views and recreational opportunities, without worrying about the upkeep typically associated with lakefront properties. The home itself is a masterpiece of design and craftsmanship. It features four spacious bedrooms, including a stunning primary suite located on the main, offering both privacy and convenience. The main level includes a sophisticated open plan living and dining room with fireplace, along with a den which doubles as an office with its own inviting fireplace, perfect for working from home in comfort. The gourmet kitchen is a chef’s dream, showcasing a massive island adorned with custom marble and granite, complemented by top-of-the-line appliances and elegant finishes. Soaring ceilings and architectural details enhance the sense of grandeur, while large windows flood the space with natural light, creating a warm and inviting atmosphere. The lower-level walk-out is designed for relaxation and entertainment, complete with a wet bar and striking stone fireplace. An extra-large workout space provides ample room for fitness activities. Three additional bedrooms offer comfort and privacy for family and guests. The property also includes a heated three-car garage with custom epoxy flooring and ample built-in storage, ensuring that all your vehicles and gear are well-cared for year-round. Set amidst a lush, private landscape adorned with mature trees and vibrant flower gardens, the expansive deck offers a perfect setting for outdoor gatherings and enjoying the tranquility of your surroundings. This home is truly a haven for making cherished memories in a serene and picturesque environment all within the award winning Minnetonka School district.

155 Gideons Point Road, Excelsior

Listing courtesy of Lakes Area Realty.

$591,900
CLOSED Status 3 Beds 2 Baths 6529989 MLS 1,924 SqFt.
Sophisticated & casual lake-living at its best. You will fall in love the minute you open the front door. Sellers designed a timeless, open concept home with sumptuous details & the perfect neutral color palette. LVP floors, LARGE quartz island, fabulous touches of brushed brass faucet, cabinet pulls & pendants. Chevron tiled gas fireplace fronts, built in book case, sliding barn doors & windows upon windows! Patio doors to deck & fenced yard. The lower-level family room is a cozy spot for gathering complete with gas FP & flat screen. Under stairs kids play space & a spacious cedar closet. Tons of unfinished space for storage. Frameless shower surround, gorgeous vanities & tile selections... Tankless water heater & ethernet high speed internet. Oversized 2 car heated GA + attached storage shed + parking pad for boat. 1 block to Lake Minnetonka & NBHB boat launch, park, beach & Tonka Bay Marina. Docks through the city. Short wait list. Mins to Excelsior & Navarre. **Mntka Schools!

25 Waseca Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

$3,400,000
CLOSED Status 4 Beds 7 Baths 6447404 MLS 8,198 SqFt.
Luxury Lake Minnetonka living at its finest, where every season brings a new dimension of beauty, relaxation and adventure to your doorstep. Nestled on nearly 2 acres of private woods, this estate offers an unrivaled lifestyle experience. As you step into this Sharratt & Co designed home prepare to be "wowed" with floor to ceiling windows that seamlessly blend the indoors with the outdoors, offering captivating views of the swimming pool, nature, and Gideon's Bay. Enjoy one-level living that ensures comfort, style, and accessibility. The gourmet kitchen is a masterpiece of design and functionality. Top-of-the-line appliances, Cambria countertops and custom cabinetry await your culinary creations. Providing privacy and convenience, all 4 bedrooms have spacious ensuites. An impressive array of home amenities include a loft , wet bar, exercise room, hot tub room, sauna, 900 sq. ft workshop, expansive patio, deck, tree-top 3 season porch, and dock. This property is a must see! MTKA schools

10 Gideons Point Road, Excelsior

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,980,265
CLOSED Status 4 Beds 5 Baths 6423360 MLS 5,200 SqFt.
The full package…beautiful home, neighborhood, lake life without the shore upkeep and maintenance along with award winning Minnetonka schools. This rare opportunity is available through relocation. It provides a beautiful lake lifestyle with deep water dock access on grade A rated Gideons Bay, Lake Minnetonka. Located in The Gideons Point neighborhood, this custom-built home comes with a deeded 14x 32-foot housed deep water boat slip. This home features 4 bedrooms (all ensuites) with an incredible main floor primary bedroom and its own private balcony, a main floor office with private screened porch, a gourmet kitchen with huge island, light filled vaulted living and family rooms with soaring windows, a lower level walkout with wet bar, game and entertainment space, a 3 car heated garage, beautiful private wooded grounds with fire pit, mature trees and gardens, an expansive deck all making this a perfect place to make great memories. Just minutes to downtown Excelsior and Wayzata.

45 Gideons Point Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$2,000,000
CLOSED Status 3 Beds 3 Baths 6407192 MLS 3,535 SqFt.
South facing opportunity on Gideons Bay, across the water from Excelsior. Open lake views and perfect elevation over your professional grade rip rap shoreline with sand bottom lakeshore. Classic 1930 built home with a thoughtful refresh and tons of character from the woodwork to the hardwood floors to the stunning vaulted space in the living room for a wash of natural light and drama. The lake side sun porch allows allows the perfect room to relax and enjoy the lakeside views. Main floor family room / den offers a separate living space. Spacious kitchen with eat in area and direct access to the lake side deck. Three beds up including a large primary suite, overlooking the lake. Two car attached garage with a wide driveway for extra parking. Full height basement allows gives plentiful storage. Walk to nearby Lost Bay and Carribean for lakeside dining and refreshments. Short drive or boat ride to all the entertainment and dining in Excelsior. High demand Minnetonka Schools.

425 Lakeview Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

$3,000,000
CLOSED Status 4 Beds 7 Baths 6375152 MLS 8,198 SqFt.
The home is pending an inspection, no more showings. Vacation at home on Lake Minnetonka in your very own private estate! This Sharratt Design and Company home has stunning, dramatic spaces with soaring vaults, high-end finishes & stunning floor to ceiling windows overlooking the pool & lake. Almost 2 acre lot includes ultimate outdoor living spaces with a pool, hot tub room, sauna, deck, screened porch, and a dock. Home features 4 bedrooms (all en-suites), incredible Owner's suite, 7 bathrooms, great entertaining spaces, wet bar, gourmet kitchen, and 3 car garage. The all brick exterior and cedar shake roof welcomes you into an impressive custom interior and mature trees offering so much privacy. The workshop has over 900 square feet that is fully finished. A garage door access allows for 3 additional cars, boats, toys, etc. With access to the home this could also be finished into additional fun living space..theater, bar, sports.

10 Gideons Point Road, Excelsior

Listing courtesy of RE/MAX Results.

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.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.