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$1,775,000
ACTIVE Status 4 Beds 6 Baths 7128429 MLS 3,812 SqFt.
Experience luxury new construction at 36 Lilah Lane in coveted Tonka Bay. Built by Boone Builders, this awesome property blends sophisticated contemporary design with warm, inviting finishes and exceptional wooded privacy. The open main level showcases 10' ceilings with in floor radiant heat throughout, wide-plank engineered wood floors, gourmet kitchen with oversized center island, custom cabinetry and premium Thor appliances, plus a light-filled great room with fireplace and walls of windows. Main level bedroom with private 3/4 bathroom and walk-in closet with convenient washer/dryer hookup. A private upper level owner™s suite offers a spa-inspired bath with soaking tub, oversized shower and huge walk-in closet. The upper level also features two additional bedrooms, laundry, and a spacious Rec room. Enjoy a dedicated main floor home office, mudroom, expansive Trex deck overlooking the woods. The impressive 4-car garage is insulated with rough-ins for both EV charging and gas heat. Tucked in the Minnetonka school district and only minutes to historic downtown Excelsior via the Lake Minnetonka Regional Trail, you' can't beat the location of this thoughtfully designed one-level-living stunner!

36 Lilah Lane, Tonka Bay

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.

$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.

$2,440,000
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.

$2,150,000
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.

$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.

$530,000
CLOSED Status 3 Beds 2 Baths 6821252 MLS 1,764 SqFt.
Rustic three-level cottage offers a warm, inviting escape in the heart of Tonka Bay, close to Lake Minnetonka and downtown Excelsior. High demand Minnetonka Schools! Updates include new kitchen appliances, furnace, air conditioning, water heater, electrical panels, sewer line, exterior paint, and much more. The main level features a vaulted great room with a fireplace, a kitchen that captures gorgeous morning sun and lake views, a bedroom, and a full bathroom. Enjoy the outdoors from two large decks. The upper loft offers a spacious bedroom or office with a Juliet balcony. The finished lower level adds a cozy family room with a fireplace, a third bedroom, a full bathroom, and a laundry room. Detached three-car garage. Dock availability through the City of Tonka Bay. A rare combination of charm, versatile spaces, and close-to-the-lake convenience.

10 Birch Bluff Road, Tonka Bay

Listing courtesy of Lakes Sotheby's International.

$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.

$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.

$912,000
CLOSED Status 4 Beds 4 Baths 6756864 MLS 3,047 SqFt.
Perched on a serene hilltop with stunning views of Lake Minnetonka’s Echo Bay, this delightful 2-story home offers a rare blend of privacy, charm, and convenience. Nestled on nearly half an acre of wooded tranquility, it’s just steps from Wekota Beach, tennis courts, marinas, and scenic parks. The freshly updated interior features new paint, modern lighting, gleaming hardwood floors, and plush carpet throughout. The bright and airy main level boasts vaulted ceilings, a sunroom, and access to a large deck perfect for entertaining or relaxing with a lake breeze. With 4 bedrooms—including a spacious owner's suite—and a finished walkout lower level complete with a cozy gas fireplace and family room, there’s space for everyone to unwind. The oversized 2-car garage provides ample storage, and you're minutes from Excelsior and major highways. Located in award-winning Minnetonka Schools. Ask the City of Tonka Bay about potential dock access through the municipal dock program!

240 W Point Road, Tonka Bay

Listing courtesy of Coldwell Banker Realty - Lakes.

$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.

$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.

$460,000
CLOSED Status 2 Beds 2 Baths 6655200 MLS 1,664 SqFt.
Desirable Tonka Bay location less than a mile from downtown Excelsior with restaurants, Excelsior brewery, shops, and more. Home backs up to wooded lot and LRT trail - hop on and walk straight into downtown Excelsior or ride your bike to downtown Hopkins or Victoria and more! Main floor bathroom has been updated and new flooring throughout the whole home. Yard has been professionally re-landscaped. Walk a block to Tonka Bay on Lake Minnetonka at the end of Brentwood Ave. Private lot with tons of light throughout the home. Walkout lower level. Great opportunity for an affordable first home in an established and quiet neighborhood, or for an investment property. Award winning Minnetonka schools and language immersion programs!

85 Brentwood Avenue, Tonka Bay

Listing courtesy of Trenary Realty Group.

$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.

$440,000
CLOSED Status 2 Beds 2 Baths 6474662 MLS 1,664 SqFt.
OWN IN TONKA BAY!! Great prime location! A perfect opportunity to own in the Award winning Minnetonka School District. This home is a block from Tonka Bay and the back of the home lower-level walk-out leads to several walking and bike trails. Deck off dining room with a wooded lot. This home was built on 2 combined lots. Wooded lots back/side of home w/no future builds This home is ready for your personal finishing touches. It's vacant and ready for a quick closing. The property is less than a mile to Downtown Excelsior and close to Lake Minnetonka. Enjoy the convenience of restaurants, breweries, shops, theaters and parks, within walking distance. Note: The piano in the downstairs will be moved before closing. I've included some virtual staged photos to show you it's full potential. Great opportunity for an affordable property among more expensive homes. This home is in a quiet neighborhood. Brentwood Ave is a dead-end street that leads to Tonka Bay. This property won't last long.

85 Brentwood Avenue, Tonka Bay

Listing courtesy of Promise Realty LLC.

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