$2,650,000
PENDING

45 Clay Cliffe Dr Excelsior, MN 55331

Estimated payment $17,344/month

Total Views 1,311
6 Beds
5.5 Baths
6,321 Sq Ft
$419 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Minnewashta Elementary School Rated A
  • Heated Floors
  • Living Room with Fireplace

About This Home

Introducing 45 Clay Cliffe Drive in beautiful Tonka Bay, Minnesota. Located within the prestigious Clay Cliffe neighborhood, the only gated community on Lake Minnetonka, this exceptional residence includes a private dock and offers an unparalleled blend of luxury, privacy, and lake lifestyle amenities. Nestled on 0.65 acres with mature trees, this stunning two-story home features six bedrooms, six bathrooms, and 6,321 finished square feet thoughtfully designed for both everyday living and unforgettable entertaining. Filled with natural light, the open and versatile floor plan showcases modern finishes, artistic lighting, intricate tile and stonework, and a sophisticated mix of flooring and wall coverings that create warmth and elegance throughout. Expansive living spaces provide the perfect setting for gathering with family and friends, while the home’s exceptional design leaves a lasting impression at every turn. The main level features a chef-inspired kitchen, formal and informal entertaining spaces, dining room, new home theater, main floor laundry and guest suite. Upstairs, the luxurious primary suite offers a spa-like bathroom and private balcony retreat. Three additional bedrooms, three bathrooms, secondary laundry, and rooftop sundecks complete the upper level. Outside, enjoy the beautifully landscaped grounds, spacious patio, and four-car attached garage. Residents of Clay Cliffe enjoy year-round lawn and snow service, exclusive access to a shared lakeside gazebo, and two tennis courts. This property is minutes from the shopping, dining, and charm of downtown Excelsior. Located in award-winning Minnetonka School District. Incredible opportunity get into the highly desirable Clay Cliffe neighborhood.

Listing Agent

Sarah Polovitz

Compass Listed on: 05/15/2026

Compass

Co-Listing Agent

Al Anderson

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,703

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 143x196x146x193
  • Street terminates at a dead end
  • Irregular Lot
  • Few Trees

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Detached Carport Space
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 6,321 Sq Ft Home
  • 2-Story Property
  • Chandelier
  • Two Way Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Open Floorplan
  • Heated Floors
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Community Details

  • Association fees include controlled access, dock, lawn care, professional mgmt, shared amenities, snow removal
  • Clay Cliffe Homeowners Association, Phone Number (987) 654-3210
  • Clay Cliffe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2811723210022

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,703

Year Built

Built in 1985

Lot Details

0.65 Acres

HOA Fees

$333 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air, Zoned
  • Outside Features: Stone, Wood
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 6321
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Two Sided, Gas, Living Room, Stone
  • Living Area: 6321
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Other
  • Foundation Details: Poured Concrete
  • PatioPorchType: Covered, Deck, Patio, Terrace

Garage/Parking

  • Parking Features: Attached Garage, Carport, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s), In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Main Level, Upper Level
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Controlled Access, Dock, Lawn Care, Other, Professional Mgmt, Shared Amenities, Snow Removal
  • Phone: 9876543210
  • Association Fee: 1000
  • Association: Yes
  • Amenities Unit: Balcony, Deck, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Sauna, Security System, Boat Slip, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet

Association/Amenities

  • HOA Management Co: Clay Cliffe Homeowners Association

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 143x196x146x193
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 2811723210022
  • Tax Annual Amount: 32703
  • TaxWithAssessments: 32703

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock

Map

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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
2024 $30,856 $2,467,600 $700,000 $1,767,600
2023 $28,855 $2,439,200 $642,000 $1,797,200
2022 $11,713 $1,070,000 $642,000 $428,000
2021 $11,313 $934,000 $584,000 $350,000
2020 $12,102 $895,000 $556,000 $339,000
2019 $10,573 $909,000 $556,000 $353,000
2018 $10,544 $794,000 $446,000 $348,000
2017 $10,688 $795,000 $425,000 $370,000
2016 $12,468 $900,000 $500,000 $400,000
2015 $14,064 $900,000 $500,000 $400,000
2014 -- $1,133,000 $450,000 $683,000
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 Prior Sale
06/02/2026 06/02/26 Pending -- -- --
05/25/2026 05/25/26 Off Market $2,650,000 -- --
05/15/2026 05/15/26 For Sale $2,650,000 +6.0% $419 / Sq Ft
12/22/2023 12/22/23 Sold $2,499,000 0.0% $397 / Sq Ft View Prior Sale
12/13/2023 12/13/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $2,499,000 -3.8% $397 / Sq Ft
08/20/2023 08/20/23 Price Changed $2,599,000 -3.4% $413 / Sq Ft
08/06/2023 08/06/23 Price Changed $2,690,000 -2.5% $427 / Sq Ft
07/20/2023 07/20/23 Price Changed $2,760,000 +0.4% $438 / Sq Ft
06/02/2023 06/02/23 Price Changed $2,750,000 -3.5% $437 / Sq Ft
05/05/2023 05/05/23 For Sale $2,850,000 -- $452 / 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
Warranty Deed $2,499,000 West Title
Deed $2,450,000 --
Warranty Deed $2,450,000 West Title
Warranty Deed $800,000 Entitle Inc
Interfamily Deed Transfer -- Entitle Inc
Warranty Deed $850,000 --
Warranty Deed $525,000 --
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
Previous Owner $300,000 Credit Line Revolving
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Source: NorthstarMLS

MLS Number: 7074173

NorthstarMLS

APN: 28-117-23-21-0022

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