Seller's Agent in 2026
Jim Schwarz
Lakes Sotheby's International
(612) 251-7201
2 in this area
66 Total Sales
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.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $324,500 | Authority Title Inc | |
| Warranty Deed | $115,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,500 | VA |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2026 01/26/26 | Sold | $530,000 | -1.8% | $300 / Sq Ft |
| 01/02/2026 01/02/26 | Pending | -- | -- | -- |
| 12/10/2025 12/10/25 | For Sale | $539,900 | -- | $306 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,558 | $476,500 | $288,200 | $188,300 |
| 2023 | $3,586 | $496,400 | $308,000 | $188,400 |
| 2022 | $2,162 | $447,000 | $264,000 | $183,000 |
| 2021 | $1,955 | $337,000 | $185,000 | $152,000 |
| 2020 | $3,496 | $317,000 | $171,000 | $146,000 |
| 2019 | $3,531 | $292,000 | $160,000 | $132,000 |
| 2018 | $3,384 | $291,000 | $160,000 | $131,000 |
| 2017 | $3,347 | $276,000 | $160,000 | $116,000 |
| 2016 | $3,389 | $275,000 | $165,000 | $110,000 |
| 2015 | $3,313 | $270,000 | $160,000 | $110,000 |
| 2014 | -- | $271,000 | $171,000 | $100,000 |
Seller's Agent in 2026
Jim Schwarz
Lakes Sotheby's International
(612) 251-7201
2 in this area
66 Total Sales
Buyer's Agent in 2026
Todd Breyfogle
Coldwell Banker Realty - Southwest Regional
(612) 382-3084
1 in this area
118 Total Sales
Source: NorthstarMLS
MLS Number: 6821252
APN: 28-117-23-24-0013