$656,942Average Value$243Average Price per Sq Ft9Homes For Sale
A quiet community with access to high-ranked schools and amenities
Located just west of Minnetonka's center, Tonkawood is known for its quality of life and access to the city's highly ranked public schools. "We get a lot of families that come here primarily for the schools," says Cassie Frick, a Realtor with Edina Realty. "The trail and park system is fantastic, and the lots are pretty and full of mature trees." Though known for its sprawling modern homes, Tonkawood has a variety of housing styles and price points that share the same safety, quiet and access to amenities as the rest of the neighborhood. These perks have drawn families to the community for years. The CAP Crime Index lists Tonkawood as a two out 10, nearly the lowest score a community can have. The national average is four.
Sections of the Tonkawood neighborhood have rambler style homes.
The Tonkawood neighborhood in Minnetonka is a short drive to Minneapolis.
1/2
Newer neo-traditional estates with Dutch Colonials and midcentury designs
The rolling hills are dotted with meticulously manicured lots, often offering views of the ponds scattered throughout. Homes frequently have between a quarter and a full acre of land, with foliage-filled backyards and two-car garages. Midcentury ranch-style houses run between the low $300,000s and the low $600,000s, while a Dutch Colonial or renovated traditional two-story can be anywhere from the low $500,000s to the low $800,000s. Tonkawood's largest homes are almost always its newest, with construction dates in the 1990s. Frequently neo-traditional, these houses go from the low $900,000s to 1.5 million.
Dutch colonial homes are scattered across the Tonkawood neighborhood.
Recently constructed new traditional homes styles are popping up in the Tonkawood neighborhood.
1/2
Outdoor activities at Victoria Evergreen and indoor sports at Minnetonka Ice Arena
Wrapped in foliage and mature trees, Victoria Evergreen Park is a 19-acre forest preserve in the center of Tonkawood. McKenzie Park has various amenities, including a roller hockey court, basketball court and playground equipment. In addition to offering skating lessons, Minnetonka Ice Arena hosts all levels of competitive hockey and is the home of the Lake Minnetonka Figure Skating Club. The Lake Minnetonka Regional Trail cuts through the city for 15 miles, connecting several public parks and districts. "You can get anywhere on the trails," says Frick. "It's good for the kids, especially because they're not riding their bikes on the streets – they're on the trails."
At nearly 15,000 acres, Lake Minnetonka is the largest body of water in the Twin Cities metropolitan area. Well-loved by both locals and visitors, the lake has a long history as one of the region’s top spots for boating, fishing and local festivities.
Victoria Evergreen Park has walking trails and bench seating.
Minnetonka Ice Arena is hosts high school games and open skating.
1/2
Immersive language programs in Chinese and Spanish at Minnetonka School District
Students in Tonkawood might start at Groveland Elementary School before heading to Minnetonka Middle East School, both of which have an A on Niche. Minnetonka High School has an A-plus from Niche, which considers it one of the state's top five public high schools. Minnetonka School District is well known for its Chinese and Spanish language immersion programs. "If it's important for someone's child to be speaking a second language from their first day of Kindergarten, this will draw them," says Frick. "Most public schools don't have programs like this."
Minnetonka Senior High School ranks fifth in Minnesota with a 73% AP participation rate.
Groveland Elementary School teaches Minnetonka students in grades K-5.
1/2
Local produce at the Summer Farmer's Market and hot cocoa at Light Up the Commons
The Summer Farmers Market has been providing locals with regionally-grown food and handcrafted goods since 2009. It runs on Tuesday afternoons from June until September. Summer Fest brings the community together for a day of live music, local eateries, carnival rides and fireworks. Light Up the Commons is an annual winter tradition that includes food trucks, dance parties and hot cocoa. "Minnetonka City Hall does quite a few events, and they're focused on being family-friendly," says Frick.
Just off a cloverleaf exchange
Tonkawood is just west of a cloverleaf exchange between State Highway 7 and Interstate 494. Minneapolis is a 14-mile drive east, and St. Paul is 25 miles east. The Metro Transit Bus service offers local and regional travel, with several stops on Highway 7.
A full menu for your dog at Duke's on 7 and mall shopping at Ridgedale Center
Established in 2021, Duke's on 7 offers upscale spins on traditional tavern fare like lobster artichoke dip and the brisket grilled cheese. Duke's has a reputation for being dog-friendly – so friendly that they offer a full menu catering to canine guests, including muttloaf and their smoked beef marrow bone. Groceries can be picked up at Aldi or the General Store of Minnetonka, while the Ridgedale Center has familiar retail options like Nordstrom, Dick's Sporting Goods and American Eagle.
Minnetonka residents can shop, dine, and relax at Ridgedale Mall.
Dukes on 7 has a mixture of food options including burgers loaded with delicious ingredients.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Pete Ice,
an experienced agent in this neighborhood.
Parks in this Area
McKenzie Park
Basketball
Picnic Area
Trails
Victoria Evergreen Park
Bike Trails
Picnic Area
Trails
Mini Tonka Wood Park
Picnic Area
Playground
Parking Lot
Wilson Park
Bike Trails
Picnic Area
Tennis
Transit
Airport
Minneapolis-St Paul International/Wold-Chamberlain
27 min drive
Bus
HWY 7 & Tonkawood Rd
Bus
HWY 7 & Williston Rd
Crime and Safety
1 - Low Crime, 10 - High Crime
Tonkawood
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
3
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Tonkawood Demographics and Home Trends
On average, homes in Tonkawood, Minnetonka sell after 38 days on the market compared to the national average of 49 days. The median sale price for homes in Tonkawood, Minnetonka over the last 12 months is $585,000, down 8% from the median home sale price over the previous 12 months.
Classic 1923 built farmhome nestled on private .66 Acre wooded lot with 2+ car detached garage. Historic 3-level barn (currently used for storage) Circular drive gives easy access to home/ garage +extra parking for your guests. Short walk to McKenzie Park. Minnetonka Schools! Home is ready to move in or tear it down to build your Dream Home! Sellers flexible on closing date.
Location, Location, Location. Minnetonka schools. The current 2-acre lot is subdivided into two one-acre homesites backing up to a nature park. Build your custom dream home today with Award-winning Charles Cudd CO. Walkout lot.
Save $2,000 to $10,000 a year with no assoc fee, town home with your own yard, Cherry cabinets and Maple woodwork and Hardwood floors, stainless kitchen appliances, black granite countertops, living room/ dining room with bay window, 9 ft ceilings plus tray vault, knock down ceiling texture, built-in cherry wood entertainment center, Pendant Lights over snack bar not included, soaking tub in
Interested in learning more about homes in this area?
Reach out to
Pete Ice,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,293
Median Age
46
Population under 18
24.4%
On par with the national average
23.8%
Population over 65
24.1%
On par with the national average
19.1%
Finances
Median Household Income
$130,952
Significantly above the national average
$71,702
Average Household Income
$156,072
Education and Workforce
High School Graduates
95.7%
College Graduates
65.5%
Significantly above the national average
34.1%
Advanced Degrees
30.2%
Above the national average
13.3%
% Population in Labor Force
74.9%
Weather
Annual Precipitation
33''
Average Winter Low Temperature
6°F
Average Summer High Temperature
81°F
Annual Snowfall
80''
Area Factors
Somewhat Bikeable
Bike Score®
35/ 100
Car-Dependent
Walk Score®
6/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
