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$2,295,000
ACTIVE Status ⋅ 7128265 MLS
Gorgeous build site offering 104’ of west-facing lakeshore! Enjoy breathtaking sunset views; level rip-rap lakeshore and “A” grade water quality! .41 acre setting with adjacent fire lane! Ideally located just minutes from all the amenities downtown Wayzata and downtown Excelsior have to offer! Bring the builder of your choice!

4330 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$474,900
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7114506 MLS ⋅ 1,315 SqFt.
You'll fall in love with this charming and beautifully updated Tonka Bay gem that blends character with all the modern touches. The sun-filled kitchen has been thoughtfully refreshed and flows seamlessly into the welcoming living room and casual dining area, where the wood-burning fireplace creates the perfect gathering space for both quiet nights in and easy entertaining. Natural light fills the spacious primary bedroom and features a walk-in closet along with stylish barn doors for a touch of personality. The main level bedroom connects to the fully renovated bath that shines with timeless subway tile, penny tile flooring, and crisp finishes. Just off the kitchen, you’ll appreciate the convenience of main-floor laundry and a mudroom designed for everyday living. The flexible lower level offers endless possibilities—consider making it a third bedroom, family room, home gym or home office. Step outside to an expansive backyard retreat complete with a deck, fire pit, mature trees, and a new storage shed—your own private, peaceful escape. Lastly, For peace of mind, the home also features a newer high efficiency furnace plus a Renew whole house air exchanger. ****Located in the award winning Minnetonka School District and just a short walk to Lake Minnetonka, the Regional Trail, and all the delightful shops and restaurants of downtown Excelsior, this adorable home truly offers the best of Tonka Bay living.

5320 Manitou Road, Excelsior

Listing courtesy of RE/MAX Advantage Plus.

$3,450,000
ACTIVE Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 7120864 MLS ⋅ 4,820 SqFt.
Perfectly positioned on one of Lake Minnetonka's most desirable settings, this exceptional lakefront residence offers the rare combination of an outstanding on-and-off-the-water location, ideal elevation, and coveted main-level living. Set on .66 acres with 104 feet of beautiful lakeshore on Old Channel Bay with exceptional water quality, the property captures sweeping water views and beautiful summer sunsets from nearly every room. Thoughtfully designed for effortless everyday living and entertaining, the home features expansive gathering spaces, a luxurious main-level primary suite, additional ensuite bedroom, private office, upper-level guest accommodations, and a spacious lower level ready for future customization. Located in the desirable Minnetonka School District, this is a rare opportunity to enjoy a true Lake Minnetonka gem.

4770 Manitou Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$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.

$4,995,000
ACTIVE Status ⋅ 4 Beds ⋅ 5 Baths ⋅ 7065021 MLS ⋅ 4,664 SqFt.
Experience lakeside living at its finest with this to-be-built home on the shores of beautiful Lake Minnetonka. Perfectly positioned on a west-facing lot, enjoy stunning sunset views over sparkling waters every evening. The level lot provides effortless access to a sandy lake bottom—ideal for swimming, boating, and relaxing by the shore. Designed for comfort and convenience, the main floor features an open-concept layout with the primary bedroom suite and all essential living spaces on one level. Large lakeside windows and outdoor living areas take full advantage of the views. Upstairs offers three additional bedrooms plus a spacious bonus room—perfect for guests, a home office, or recreation space. This is a rare opportunity to create your dream lake home with the perfect blend of thoughtful design, modern amenities, and natural beauty on one of Minnesota’s most sought-after lakes. The plan that is attached could be built by one of the most reputable custom homebuilders in this market. The lot can be purchased for $2,590,000 and you could choose your own builder.

4410 Manitou Road, Excelsior

Listing courtesy of Gatehouse Properties LTD.

$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.

$2,395,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7018599 MLS ⋅ 2,616 SqFt.
Bayview, an exciting new, warm contemporary design that may be modified to meet buyers satisfaction. The lot provides westerly views of Lake Minnetonka and northeasterly views of a wetland in the distance. Stunning, Architectural work provided by Alexander Design Group. All Main Level Living. Property is assigned to the award winning, Minnetonka School district. Outdoor Pool is optional. Contact Jyland Construction Management for detailed information and onsite meeting.

4650 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$550,000
CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7007234 MLS ⋅ 2,259 SqFt.
Don’t miss this beautifully updated Tonka Bay gem, ideally located across the street from Manitou Park and just minutes from Lake Minnetonka, the LRT Trail, and charming downtown Excelsior. You’ll fall in love with this thoughtfully updated 4-bedroom, 2-bath home that blends modern improvements with timeless character. The kitchen was completely taken down to the studs and renovated in 2017, featuring white cabinetry, stainless steel appliances, quartz countertops, and tile backsplash—along with updated plumbing, electrical, and added ductwork for peace of mind. Hardwood floors throughout the main level add warmth and continuity. New carpet in the sunroom and on the stairs (2023) creates another level of texture. The lower level was fully transformed in 2022, adding exceptional versatility. This includes an office with a built-in daybed, custom cabinetry, and a desk nook, plus a spacious recreation room offering a second living area, custom built-in bar with beverage fridge, playroom, and spacious fourth bedroom. The laundry room provides ample storage, and the breezeway offers a fantastic opportunity to add instant equity. New HVAC 2022. Move-in ready and located in the award-winning Minnetonka School District—this is one you won’t want to miss. Welcome home!

5339 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$280,000
CLOSED Status ⋅ 6810622 MLS

5000 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$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.

$2,096,500
CLOSED Status ⋅ 6653628 MLS
Sold before print.

4774 Manitou Road, Excelsior

Listing courtesy of Coldwell Banker Realty.

$2,300,000
CLOSED Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 6715203 MLS ⋅ 2,787 SqFt.
**SOLD BEFORE PRINT** First Time Available in 30 Years – Premier Tonka Bay Opportunity Unlock the full potential of Lake Minnetonka living with this exceptional offering in Tonka Bay. For the first time in over three decades, this 19,166 sq ft lot with 141 feet of level, sandy-bottom shoreline on East Upper Lake is available for renovation or redevelopment. The property features mature trees, a level lakeshore lot, and an existing 2,787 sq ft one-story home built in 1972 with 4 bedrooms, 3 bathrooms, and all living facilities on one level. Positioned closer to the lake than neighboring homes, it offers sweeping, unobstructed views—making it an ideal candidate for a high-end renovation, second-story addition, or full new build. The high caliber of properties along Manitou support any budget for a renovation or build. This offers developers and builders a unique opportunity to create a legacy lakeshore estate.

4410 Manitou Road, Excelsior

Listing courtesy of Lakes Area Realty.

$450,400
CLOSED Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 6680885 MLS ⋅ 2,446 SqFt.
Stunning 3BR/3BA End Unit Twinhome Near Lake Minnetonka & Excelsior! Nestled on a private, wooded lot, this beautifully updated end-unit twinhome offers the perfect blend of comfort and convenience. The open floor plan features soaring vaulted ceilings, gorgeous wood floors, and two stunning fireplaces. Enjoy year-round relaxation in the sitting room with deck access. The spacious primary suite includes a private bath with a separate tub for added luxury. The lower-level family room provides additional space to unwind, while the prime location puts you just steps from Excelsior, shopping, dining, Minnetonka Country Club, and the scenic trail system. Don't miss this incredible opportunity to live near Lake Minnetonka in a home that offers both tranquility and accessibility!

5580 Manitou Road, Excelsior

Listing courtesy of RE/MAX Professionals.

$1,175,000
CLOSED Status ⋅ 6680438 MLS
Hard to find small, standalone, retail building with excellent visibility on County Road 19. Located in a busy retail trade area near many businesses and community resources such as Caribou Coffee, Joey Nova’s Pizzeria, Hazelwood Grille, Country Club Lanes, Shorewood Community & Event Center, Gathered Goods, Sanctuary Salonspa, the new 86 unit luxury apartment community of Tonka Village, Gideon Glen Conservation space, Lake Minnetonka, Navarre, and many others. The building is approximately one (1) mile from the bustling destination town of Excelsior, MN. Quiet listing currently occupied by an MGM Liquor Store also available for sale. Ample parking. Good access with direct curb cut access on Country Road 101. Daily vehicle traffic of 13,463 on County Road 19 (2024 ESRI). Demographics: 3,977– 1 mile radius, 27,241 3 mile radius, 82,514-5 mile radius (2024 ESRI). Est Avg HH Income: $244,551-1mile radius $243,265-3 mile radius $215,260-5 mile radius (2024 ESRI). Potential business sale for $180,000 for business plus inventory and franchise fee. Available upon request with signing of NDA and qualification of buyer.

5660 Manitou Road, Excelsior

Listing courtesy of Summerhill Commercial Real.

$1,900,000
CLOSED Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 6609184 MLS ⋅ 2,852 SqFt.
Charming Lake Minnetonka cottage with over 100 feet of south west facing rip rad lakeshore, providing fantastic views and sunsets. This home is next to a 50 foot fire lane for additional privacy. Boulders provide a great set of stairs to access a sandy bottom, clear water on Old Channel Bay. “A” rated water quality. The vaulted ceiling in the living room and sunroom creates an open and airy feel as the house is only 20 feet away from the water, which is grandfathered in. Updated throughout in 2014. New kitchen cabinets, countertops and appliances. A large granite slab was added for the family to gather around. The 2014 expansion added just under 1,000 sf. three upper bedrooms including a master with ensuite and a 10 x 5 balcony facing the lake. The large blue stone paver patio is great for entertaining or just relaxing and eating outside. The large maple provide shade for this patio, an added bonus on those hot days. The three car garage is large, 27 x 36. Show and sell.

4330 Manitou Road, Excelsior

Listing courtesy of Raintree Realty LLC.

$519,000
CLOSED Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 6582807 MLS ⋅ 2,268 SqFt.
Nestled amongst a beautiful nature surround this character filled bungalow with newly finished basement, bathroom and 4th bedroom (or home office) offers all you need for your family. The centerpiece of the home, an intricately designed stone gas fireplace exudes warmth for the upcoming fall and winter nights. The almost acre lot offers endless possibilities for creating your perfect nature sanctuary of gatherings and playtime which extends to the fun filled playground across the street. Just steps to Lake Minnetonka for your kayak or paddle board. Take your bikes on the regional trail to Excelsior. Opportunity for a boat slip next summer through the City of Tonka Bay. Follow the stone path past your triple size garage (36x24) through perennials to the charming front porch. Welcome to your new home. Quick close possible.

5371 Manitou Road, Excelsior

Listing courtesy of Counselor Realty of Victoria.

$445,000
CLOSED Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 6578350 MLS ⋅ 1,315 SqFt.
Fantastic Home in Prime Excelsior Location! Location, Location, Location! This move-in ready home offers an unbeatable spot near downtown Excelsior and is part of the highly sought-after Minnetonka school district. The updated kitchen features stainless steel appliances, a stylish tile backsplash, and rich hardwood floors. The open floor plan flows seamlessly into the informal dining area and the welcoming living room with a cozy wood-burning fireplace. The light and bright main floor primary bedroom includes a walk-in closet, barn doors, and wood blinds for added privacy and style. The updated main floor bath boasts subway tile walls and penny tile floors. The laundry/mudroom is conveniently located on the main floor, right off the kitchen. The finished lower level offers flexible living space for a family room or a third bedroom. This home includes a high-efficiency furnace with a whole-house Renew Air exchanger for optimal comfort. Relax in the spacious, beautifully shaded backyard with its cozy fire pit and serene private park view. Enjoy the convenience of being within walking distance of public beaches, local shops and restaurants, and vibrant community events—close to Lake Minnetonka, Downtown Excelsior, nature walking paths, trails, and parks. With the many updates and conveniences, this is a great place to call home!

5320 Manitou Road, Excelsior

Listing courtesy of Trenary Realty Group.

$560,000
CLOSED Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 6552824 MLS ⋅ 2,479 SqFt.
HIGHLY sought after and rarely available pristine twin home in Excelsior! One of only four homes nestled in with mature trees, gorgeous landscaping and ideal location. Bright, open and updated! The main level boasts new hardwood flooring throughout - vaulted ceilings, beautiful stone, gas fireplace all overlooking wooded backyard. Kitchen features new stainless steel appliances, breakfast bar all open to the dining room on one side and great room, sun room and deck on the other. Vaulted ceilings and abundant windows throughout. Main floor primary suite has a large bathroom with separate tub and shower walk-in closet, large laundry room, powder room and office. The walk out lower level encompasses a large family room with a gas burning fireplace, two bedrooms, bathroom and a huge amount of storage. Patio out the lever level. Ideal location to walk or bike to restaurants, coffee shops, Lake Minnetonka Regional Trail, downtown Excelsior and Lake Minnetonka. Incredible opportunity!

5570 Manitou Road, Excelsior

Listing courtesy of Edina Realty, Inc..

$1,100,000
CLOSED Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 6514315 MLS ⋅ 2,021 SqFt.
Located just outside Excelsior on Lake Minnetonka's historic Old Channel Bay this enchanting mid-century modern cottage exudes the charm of yesteryear.Designed by a local architect for simplified Lake Minnetonka living this lakeside cottage offers a wide array of potential uses including as a primary residence, second home, or building site for a new construction project.Featuring a large 1.47-acre lot offering 19.52' of sandy bottom direct lakeshore on one of Lake Minnetonka's favorite bays and the perfect typography for extensive privacy with plenty of room to stretch out and entertain.Although the value is completely in the land, the mid-century modern home has been lovingly cared for, thoughtfully updated, and is warm, welcoming, and artistic.A primer lot and location ideally located within close proximity to restaurants, shopping, and marinas within the Minnetonka School District.Come explore this unique rarely available acreage property and enjoy Lake Minnetonka life this summer.

4710 Manitou Road, Excelsior

Listing courtesy of Compass.

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