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Tonkawood Homes for Sale

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  • /36

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,586 Sq Ft

    15320 Highwood Dr, Minnetonka, MN 55345

    Welcome to Highwood Haven, a charming original cabin with bedroom addition, nestled on a generous 0.69-acre lot in one of Minnetonka's most coveted neighborhoods. Surrounded by towering trees and natural wildlife, this private retreat offers a rare combination of tranquility and convenience within the Minnetonka School District. The home features three bedrooms and two bathrooms across

    Agent Photo

    David Saint Germain

    MetroHomesMarket.com

    15320 Highwood Dr, Minnetonka, MN 55345
  • /36

    $415,000

    • Land
    • 30,056 Sq Ft
    • $601,449 per Acre

    TBD Highwood Dr, Minnetonka, MN 55345

    Welcome to Highwood Haven, a charming original cabin with bedroom addition, nestled on a generous 0.69-acre lot in one of Minnetonka's most coveted neighborhoods. Surrounded by towering trees and natural wildlife, this private retreat offers a rare combination of tranquility and convenience within the Minnetonka School District. The home features three bedrooms and two bathrooms across

    Agent Photo

    David Saint Germain

    MetroHomesMarket.com

    TBD Highwood Dr, Minnetonka, MN 55345
  • /33

    $485,000

    $45K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,175 Sq Ft

    4344 Williston Rd, Minnetonka, MN 55345

    Escape the fast pace of everyday life and discover your own private retreat, where timeless mid-century charm meets peaceful, park-like surroundings in the heart of Minnetonka. Nestled on a beautifully landscaped lot in the desirable Tonkawood Farms neighborhood, this classic brick rambler offers the perfect blend of character, comfort, and space. Inside, you'll find four spacious bedrooms, two

    Jason Huerkamp Keller Williams Preferred Rlty

    4344 Williston Rd, Minnetonka, MN 55345
  • /48

    $738,500

    • 4 Beds
    • 3.5 Baths
    • 3,328 Sq Ft

    14823 Walker Place, Minnetonka, MN 55345

    Do not pass over this one!! 4 bedroom, 4 bathroom, ~3328 sf 1.5 story Ranch/Rambleron 1.34 acres that shares a property line with McKenzie Park to the east and EvergreenPark to the west, on a 9-home cul-de-sac 3 blocks south of Mtka City Hall, MinnetonkaIce Arena and Mtka Police/Fire station. Large willow dominates beautiful back yard withlarge deck. Hockey rink/warming house,

    Tracy Knudsen RE/MAX Advantage Plus

    14823 Walker Place, Minnetonka, MN 55345
  • /2

    $585,000

    • Land
    • 38,768 Sq Ft
    • $657,303 per Acre

    15509 Robinwood Dr, Minnetonka, MN 55345

    Custom build your new dream home with Wooddale Builders on this beautiful .89-acre lot, offering a private, wooded retreat on a quiet cul-de-sac. The property provides the perfect combination of privacy and convenience, with lush trees surrounding the area, creating a peaceful natural setting. Located within the highly sought-after Minnetonka School District and located near Minnetonka Middle

    Kevin Sperle Edina Realty, Inc.

    15509 Robinwood Dr, Minnetonka, MN 55345
  • /39

    $1,790,000

    • 5 Beds
    • 4.5 Baths
    • 5,080 Sq Ft

    4410 Juleena Place, Minnetonka, MN 55345

    Exceptional custom-built Gonyea home nestled on a private, wooded and serene nearly one-acre lot in Minnetonka. With over 5,000 finished square feet, this meticulously maintained home offers five bedrooms, five bathrooms, chef's kitchen, an upper-level bonus room, walk out basement and an ideal floor plan.Enter to a wall of windows framing the beautiful park like backyard. Every level of

    Ryan Dybevik Keller Williams Integrity Realty

    4410 Juleena Place, Minnetonka, MN 55345
  • /36

    $799,900

    $25K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 2,305 Sq Ft

    14819 Margaret Place, Minnetonka, MN 55345

    Whole house remodel! This beautifully renovated home offers a rare combination of features difficult to find in this price range, including a main-floor primary suite, true zero-entry living with no stairs, and handicap-accessible design. Enjoy a spacious three-car attached finished garage, flat and usable yard, and desirable location on a quiet cul-de-sac street. Inside, thoughtfully updated

    Curt Fretham Lakewest Realty, LLC

    14819 Margaret Place, Minnetonka, MN 55345
  • /48

    $669,500

    $66K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 2,211 Sq Ft

    15801 Day Place, Minnetonka, MN 55345

    Beautifully updated home in an unbeatable location! Nestled against a wooded backyard for added privacy, this move-in-ready property offers the perfect blend of comfort, convenience, and recent improvements. Since 2025, the sellers have completed extensive updates including exterior paint, a new roof, new flooring, water softener, new patio door, backyard fencing, insulated lower-level walls, and

    Alisa Piazza Coldwell Banker Realty

    15801 Day Place, Minnetonka, MN 55345
  • /28

    $2,100,000

    New Construction
    • 5 Beds
    • 6 Baths
    • 6,103 Sq Ft

    4404 Wilson St, Minnetonka, MN 55345

    Welcome to 4404 Wilson Street, an exceptional new construction custom home set on over half an acre in the heart of Minnetonka. Built by Tonkawood, a boutique custom builder dedicated to quality, this residence reflects a deeply intentional approach to design, where every material, finish, and detail has been carefully considered to create a home rooted in craftsmanship, longevity, and timeless

    Sara Melby Thomas eXp Realty

    4404 Wilson St, Minnetonka, MN 55345
  • /43

    $450,000

    • 3 Beds
    • 2.5 Baths
    • 3,025 Sq Ft

    4125 Thrushwood Ln, Minnetonka, MN 55345

    Opportunity awaits in this spacious walkout rambler nestled on a beautiful half-acre lot in a desirable Minnetonka neighborhood! Offering over 3,000 finished square feet, this 3-bedroom, 3-bath home features a functional floor plan, generous living spaces, two fireplaces, and an attached 2-car garage. While the home could benefit from some cosmetic updates and TLC, it offers incredible potential

    Stacy Moriva Leader Real Estate Group, Inc.

    4125 Thrushwood Ln, Minnetonka, MN 55345
  • /2

    $259,900

    • Land
    • 22,651 Sq Ft
    • $499,808 per Acre

    16510 Lake Street Extension, Minnetonka, MN 55345

    Gorgeous 110' wide, 1/2 acre Lot in Minnetonka Schools, Groveland elementary. Perfect for a large, walkout rambler with a 3-4 car garage. Survey and Tree inventory in supplements. Open to any Builder.

    Tom Parker Coldwell Banker Realty

    16510 Lake Street Extension, Minnetonka, MN 55345

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 ...

Tonkawood, Minnetonka, MN Home Prices vs. Nearby Neighborhoods

Tonkawood Groveland Minnetonka Mills Spring Hill Park
Median Home Price
$663,750
$499,945
$549,950
$499,900
Median Sale Price
$670,000
+24% YoY
$475,500
-8% YoY
$570,000
+17% YoY
$485,000
+1% YoY
Median Single Family Price
$669,750
$476,000
$550,000
$520,000
Median Townhouse Price
$557,500
--
$284,000
$289,900
Total Active Listings
9 listings
2 listings
12 listings
4 listings
Market Conditions
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Tonkawood a good place to live?
Tonkawood is a good place to live. Tonkawood is considered 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 9% of residents renting and 91% 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 $663,750. If you put a 20% down payment of $132,800 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $3,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $146K a year to afford the median home price in Tonkawood. Learn how much home you can afford with our Home Affordability Calculator. 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, 55343 and 55331.
What are the most popular neighborhoods near Tonkawood, Minnetonka, MN?
The most popular neighborhoods near Tonkawood, Minnetonka, MN are Spring Lake, Spring Hill Park, Glen Lake, Minnetonka Mills and Sparrow.
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