J
Seller's Agent in 2025
Justin Tolle
NOW Realty
(612) 532-1298
2 in this area
22 Total Sales
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!
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $569,000 | Chb Title Llc | |
Warranty Deed | $249,900 | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $455,200 | New Conventional |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2025 09/02/25 | Sold | $575,000 | +0.9% | $249 / Sq Ft |
08/11/2025 08/11/25 | Pending | -- | -- | -- |
07/31/2025 07/31/25 | For Sale | $569,900 | -- | $247 / 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 |
---|---|---|---|---|
2023 | $3,258 | $314,700 | $135,000 | $179,700 |
2022 | $4,798 | $263,000 | $115,000 | $148,000 |
2021 | $4,714 | $415,000 | $119,000 | $296,000 |
2020 | $4,799 | $403,000 | $113,000 | $290,000 |
2019 | $4,651 | $391,000 | $101,000 | $290,000 |
2018 | $4,368 | $375,000 | $101,000 | $274,000 |
2017 | $4,116 | $333,000 | $90,000 | $243,000 |
2016 | $3,940 | $315,000 | $90,000 | $225,000 |
2015 | $3,933 | $315,000 | $90,000 | $225,000 |
2014 | -- | $306,000 | $99,000 | $207,000 |
J
Seller's Agent in 2025
Justin Tolle
NOW Realty
(612) 532-1298
2 in this area
22 Total Sales
H
Buyer's Agent in 2025
Heather Reynolds
Coldwell Banker Realty
(612) 889-1221
1 in this area
21 Total Sales
Source: NorthstarMLS
MLS Number: 6739588
APN: 28-117-23-43-0003