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Tonkawood Homes for Sale

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  • 16303 Blenheim Way, Minnetonka, MN 55345
    16303 Blenheim Way, Minnetonka, MN 55345
    16303 Blenheim Way, Minnetonka, MN 55345
    /27

    $620,000

    • 4 Beds
    • 3 Baths
    • 2,431 Sq Ft

    16303 Blenheim Way, Minnetonka, MN 55345

    Welcome to this amazing corner lot home with private fenced in backyard, located within walking distance to Minnetonka Middle East. This four-bedroom, three-bath home has three bedrooms on one level with a primary suite with 3/4 bath, on nearly a half-acre lot. The lower level includes a large family room with a 2nd office area or kids' playroom, a fourth bedroom, three quarter bath, as well as

    Katherine Kaiser Edina Realty, Inc.

    16303 Blenheim Way, Minnetonka, MN 55345
  • 16091 Highwood Dr, Minnetonka, MN 55345
    16091 Highwood Dr, Minnetonka, MN 55345
    16091 Highwood Dr, Minnetonka, MN 55345
    /44

    $625,000 Open Sat 1PM - 2:30PM

    • 5 Beds
    • 2.5 Baths
    • 2,786 Sq Ft

    16091 Highwood Dr, Minnetonka, MN 55345

    Welcome to 16091 Highwood Drive—an updated 2-story home in the Minnetonka School District! Nestled on a nearly half-acre corner lot, this home offers a spacious layout with 5 bedrooms, hardwood floors throughout, and a beautifully updated kitchen with granite counters, enameled cabinetry, and stainless appliances. Enjoy two fireplaces, a main-level office, and a finished lower level with built-in

    Mimi Ryerse Edina Realty, Inc.

    16091 Highwood Dr, Minnetonka, MN 55345
  • 14802 Margaret Place, Minnetonka, MN 55345
    14802 Margaret Place, Minnetonka, MN 55345
    14802 Margaret Place, Minnetonka, MN 55345
    /32

    $659,000

    • 3 Beds
    • 3 Baths
    • 3,287 Sq Ft

    14802 Margaret Place, Minnetonka, MN 55345

    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

    Tim Buffham eXp Realty

    14802 Margaret Place, Minnetonka, MN 55345
  • 4266 Manor Court Rd, Minnetonka, MN 55345
    4266 Manor Court Rd, Minnetonka, MN 55345
    4266 Manor Court Rd, Minnetonka, MN 55345
    /90

    $1,245,000

    • 5 Beds
    • 4.5 Baths
    • 4,974 Sq Ft

    4266 Manor Court Rd, Minnetonka, MN 55345

    Tucked away at the end of a quiet private drive and surrounded by trees, this stunning Minnetonka home feels like a peaceful retreat—seamlessly blending high-end finishes with timeless character and peaceful seclusion.Thoughtfully crafted for both everyday comfort and effortless entertaining, every detail invites you to relax, unwind, and feel at home.Meticulously maintained and

    Herman Antonov eXp Realty

    4266 Manor Court Rd, Minnetonka, MN 55345
  • 4306 Woods Way, Minnetonka, MN 55345
    4306 Woods Way, Minnetonka, MN 55345
    4306 Woods Way, Minnetonka, MN 55345
    /35

    $700,000

    • 4 Beds
    • 2.5 Baths
    • 3,302 Sq Ft

    4306 Woods Way, Minnetonka, MN 55345

    The possibilities are unique and endless for this home! Completely, professionally refreshed with new paint and flooring. Many new light fixtures. It is a light and bright pallet ready for you to transform!The house has an open flow. A spacious kitchen and open floor plan will delight your family. ALL of the bedrooms are spacious and, closets galore!Talk about special! There

    Sapa Carlson Counselor Realty, Inc

    4306 Woods Way, Minnetonka, MN 55345
  • 15703 Sussex Dr, Minnetonka, MN 55345
    15703 Sussex Dr, Minnetonka, MN 55345
    15703 Sussex Dr, Minnetonka, MN 55345
    /53

    $700,000

    • 3 Beds
    • 2.5 Baths
    • 2,677 Sq Ft

    15703 Sussex Dr, Minnetonka, MN 55345

    One-Level Living at Its Finest!Discover the perfect blend of comfort, quality, and style in this beautifully maintained home in the highly sought-after Alisons Green Townhome Development – a private enclave of just three exclusive residences. Step inside for exceptional craftsmanship and a thoughtfully designed, soft, contemporary layout. The tile entryway leads you into a bright and inviting

    Pamela Sheehan Fazendin REALTORS

    15703 Sussex Dr, Minnetonka, MN 55345
  • 3908 Oak Rd, Minnetonka, MN 55345
    3908 Oak Rd, Minnetonka, MN 55345
    3908 Oak Rd, Minnetonka, MN 55345
    /66

    $1,895,000

    • 5 Beds
    • 4.5 Baths
    • 5,560 Sq Ft

    3908 Oak Rd, Minnetonka, MN 55345

    Beautiful newly constructed home in the Minnetonka School District. This home is loaded with upgrades, a must see in person to appreciate the quality of workmanship. An inviting 2-story foyer welcomes you into the home, with a main floor office, Chef's dream kitchen with the highest quality appliances, Butler's kitchen, Living room with stunning stone fireplace. Other home features include 3

    Michael Moore RE/MAX Advantage Plus

    3908 Oak Rd, Minnetonka, MN 55345
  • 16510 Lake Street Extension, Minnetonka, MN 55345
    16510 Lake Street Extension, Minnetonka, MN 55345
    /2

    $259,900

    • Land
    • 0.52 Acre
    • $499,808 per Acre

    16510 Lake Street Extension, Minnetonka, MN 55345

    Gorgeous walkout 1/2 acre Lot in Minnetonka Schools, Groveland elementary. Survey and Tree inventory done. Open to any Builder. Owner may finance lot with proper financials from the buyer.

    Tom Parker Coldwell Banker Realty

    16510 Lake Street Extension, Minnetonka, MN 55345
Minnesota Minnetonka Tonkawood

Real Estate & Homes for Sale in Tonkawood, Minnetonka

Why Live in Tonkawood
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. 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
Learn more about living in Tonkawood

Frequently Asked Questions

Is Tonkawood a good place to live?
Tonkawood is a good place to live. Tonkawood is considered very car-dependent and somewhat bikeable. Tonkawood is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Tonkawood has 4 parks for recreational activities. It has a median age of 46. The average household income is $156,072 which is above the national average. College graduates make up 65.5% of residents. A majority of residents in Tonkawood are home owners, with 8.7% of residents renting and 91.3% of residents owning their home. A local real estate agent serving Tonkawood can help you decide if this neighborhood is the right one for you. Learn more on our Tonkawood neighborhood guide.
Is Tonkawood, MN a safe neighborhood?
Tonkawood, MN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Tonkawood?
The median home price in Tonkawood is $299,900. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Tonkawood. The average household income in Tonkawood is $156K.
What are the best public schools in Tonkawood?
The best public schools that serve Tonkawood are:
What are the best private schools in Tonkawood?
The best private schools that serve Tonkawood are:
What are the most popular zip codes in Tonkawood, Minnetonka, MN?
The most popular zip codes in Tonkawood, Minnetonka, MN include 55345, 55391, 55305, 55331 and 55343.
What are the most popular neighborhoods near Tonkawood, Minnetonka, MN?
The most popular neighborhoods near Tonkawood, Minnetonka, MN are Groveland, Spring Lake, Spring Hill Park, Williston and Woodland-Highland.

Home Trends in Tonkawood, MN

On average, homes in Tonkawood, Minnetonka sell after 118 days on the market compared to the national average of 70 days. The median sale price for homes in Tonkawood, Minnetonka over the last 12 months is $269,000, down 33% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$269,000
Median Single Family Sale Price
$269,000
Average Price Per Sq Ft
$289
Number of Homes for Sale
4
Last 12 months Home Sales
23
Months of Supply
2.10
Median List Price
$299,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-33%
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