Jessica M. Jacobson
Keller Williams Premier Realty Lake Minnetonka
(844) 386-5004
21 Total Sales
2 in Tonka Bay
$3M - $3.4M Price Range
Estimated Value: $1,063,128
Rare Tonka Bay opportunity! Nearly 2 acres—one of the last large parcels in this prime location. Just a half block from the boat launch and across from lakefront homes, the lot and home offers flat open space, mature trees, large living areas and subdivision potential with proper planning. The current home needs updates and hands-on creative touches, but features expansive views, a main-floor primary suite, 3 more large brs and a pool. But the true value lies in the land. For the homeowner seeking privacy, space, and natural beauty, it is a property that promises a lifestyle unlike any other left in the area. For the investor or developer, it represents a strategic acquisition with strong upside potential, thanks to its size, location, and value relative to the tax base. Create your dream estate, develop multiple homes, or enjoy a large private retreat that you can bring to life with your touches and an oasis filled with wildlife, privacy, and unmatched access to Lake Minnetonka.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Jessica M. Jacobson
Keller Williams Premier Realty Lake Minnetonka
(844) 386-5004
21 Total Sales
2 in Tonka Bay
$3M - $3.4M Price Range
Jado Hark
Compass
(612) 688-6942
261 Total Sales
1 in Tonka Bay
$2,500,000 Price
Shawn Hartmann
RE/MAX Results
(651) 427-1552
206 Total Sales
1 in Tonka Bay
$331,000 Price
David Rakowczyk
Coldwell Banker Realty
(651) 376-2691
108 Total Sales
1 in Tonka Bay
$2,640,000 Price
Matthew Jones
Edina Realty, Inc.
(952) 900-3681
75 Total Sales
1 in Tonka Bay
$3,495,000 Price
Stuart Francis
EXP REALTY LLC
(612) 260-4381
81 Total Sales
1 in Tonka Bay
$500,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $850,000 | Ancona Title | ||
| Hsr Msp Llc | $715,000 | Titlesmart | |
| Gaffney Margaret Mary | -- | -- | |
| Gaffney Jeffrey | $545,000 | Home Title | |
| Zaal Petrus J | $387,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $742,500 | ||
| Previous Owner | Gaffney Margaret | $424,100 | |
| Previous Owner | Gaffney Jeffrey | $50,096 | |
| Previous Owner | Gaffney Jeffrey | $417,000 |
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 |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $850,000 | -8.9% | $192 / Sq Ft |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 09/06/2025 09/06/25 | For Sale | $933,000 | -- | $210 / Sq Ft |
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 | $13,478 | $1,087,200 | $675,000 | $412,200 |
| 2024 | $11,423 | $962,700 | $558,000 | $404,700 |
| 2023 | $15,754 | $1,001,200 | $594,000 | $407,200 |
| 2022 | $7,530 | $818,000 | $432,000 | $386,000 |
| 2021 | $7,319 | $628,000 | $286,000 | $342,000 |
| 2020 | $7,667 | $606,000 | $270,000 | $336,000 |
| 2019 | $7,669 | $604,000 | $270,000 | $334,000 |
| 2018 | $7,700 | $597,000 | $270,000 | $327,000 |
| 2017 | $6,682 | $527,000 | $209,000 | $318,000 |
| 2016 | $6,372 | $499,000 | $209,000 | $290,000 |
| 2015 | $6,301 | $494,000 | $204,000 | $290,000 |
| 2014 | -- | $502,000 | $222,000 | $280,000 |
Seller's Agent in 2025
Devon Walton
HOMESTEAD ROAD
(763) 482-9111
212 Total Sales
Buyer's Agent in 2025
Joshua Anschutz
Pemberton RE
(952) 300-1801
74 Total Sales
Source: NorthstarMLS
MLS Number: 6784689
APN: 28-117-23-31-0043
Ask me questions while you tour the home.