$3,350,000
PENDING

Estimated payment $21,785/month

Total Views 30
4 Beds
3.5 Baths
3,172 Sq Ft
$1,056 Price per Sq Ft

Highlights

  • 62 Feet of Waterfront
  • Docks
  • Heated Floors
  • Minnewashta Elementary School Rated A
  • Lake View
  • Deck

About This Home

Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck dramatically expands the living space outdoors and is equipped with radiant heaters, ceiling fans, speakers, Phantom Screens, and a TV hookup, making it an ideal place to relax or entertain throughout much of the year while overlooking Gideon Bay. All four bedrooms are conveniently located on the upper level, including a versatile fourth bedroom above the garage that could easily function as a recreation room, bonus room, media room, or additional family room depending on your needs. The heated 3-car garage is another standout feature, complete with in-floor heat for year-round comfort and exceptional storage. Outside, the professionally designed landscaping enhances the lakefront setting. The property is located next to a fire lane, creating a substantial amount of additional open space along the east side of the home and providing greater separation from the neighboring property. Beyond the home itself, this quiet and highly desirable Tonka Bay street offers an outstanding Lake Minnetonka lifestyle just a short walk from the Caribbean Marina area and lakeside dining, while nearby Wekota Park and Beach features a sandy Lake Minnetonka beach, playground, walking trail, picnic areas, basketball, one tennis court, and three pickleball courts. Tonka Bay is also ideally positioned just west of Excelsior, putting the shops, restaurants, waterfront amenities, and vibrant downtown Excelsior area within easy reach. With its prime Gideon Bay frontage, level lakeside lot, panoramic south-facing views, exceptional outdoor entertaining spaces, gourmet kitchen, four upper-level bedrooms, heated three-car garage, and walkable access to some of Tonka Bay's best recreation and lake amenities, 365 Lakeview Ave offers a rare opportunity to enjoy one of the most desirable lifestyles on Lake Minnetonka.

Listing Agent

Ryan Fischer

RE/MAX Results Listed on: 09/17/2026

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,738

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 50x132x62x162
  • 62 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Pitched Roof
  • Architectural Shingle Roof
  • Metal Roof
  • Fiberglass Siding

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Heated Floors
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Minnetonka Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2711723310006

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,738

Year Built

Built in 2020

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Fiber Board
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 3172
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 3172
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt, Metal, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, Panoramic, South
  • Foundation Details: Slab
  • PatioPorchType: Covered, Deck, Front Porch, Porch, Screened
  • Lake Bottom: Sand
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 62

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Storage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Upper Level
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Porch, Panoramic View, Security System, Boat Slip, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x132x62x162
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 2711723310006
  • Tax Annual Amount: 32738.32
  • TaxWithAssessments: 32738.32

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $32,738 $2,528,200 $1,617,700 $910,500
2024 $30,060 $2,406,000 $1,617,700 $788,300
2023 $24,936 $2,118,300 $1,348,100 $770,200
2022 $21,830 $1,742,000 $1,105,000 $637,000
2021 $15,750 $1,674,000 $1,104,000 $570,000
2020 $15,635 $1,216,000 $1,021,000 $195,000
2019 $15,763 $1,152,000 $920,000 $232,000
2018 $15,436 $1,146,000 $920,000 $226,000
2017 $13,707 $997,000 $800,000 $197,000
2016 $13,015 $936,000 $750,000 $186,000
2015 $12,276 $886,000 $700,000 $186,000
2014 -- $823,000 $650,000 $173,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2026 09/18/26 Pending -- -- --
09/17/2026 09/17/26 For Sale $3,350,000 -- $1,056 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $1,075,000 Watermark Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Open $953,000 New Conventional
Closed $860,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: NorthstarMLS

MLS Number: 7051213

NorthstarMLS

APN: 27-117-23-31-0006

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