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Tonka Bay, MN Homes for Sale

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  • /56

    $1,299,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    5655 Buffington Ln, Shorewood, MN 55331

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. These new construction residences are a design-build collaboration between Architect, Jeff Ziebarth, and Builder, ADOR Bespoke Homes. Crafted with exceptional attention to detail, each thoughtfully designed three bedroom, three bathroom villa offers 2,988 finished square feet. Inside, white oak wood

    Sarah Polovitz Compass

    5655 Buffington Ln, Shorewood, MN 55331
  • /48

    $1,310,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    5651 Buffington Ln, Shorewood, MN 55331

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. These new construction residences are a design-build collaboration between Architect, Jeff Ziebarth, and Builder, ADOR Bespoke Homes. Crafted with exceptional attention to detail, each thoughtfully designed three bedroom, three bathroom villa offers 2,988 finished square feet. Inside, white oak wood

    Sarah Polovitz Compass

    5651 Buffington Ln, Shorewood, MN 55331
  • /47

    $1,150,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 2,988 Sq Ft

    5650 Buffington Ln, Excelsior, MN 55331

    Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown

    Sarah Polovitz Compass

    5650 Buffington Ln, Excelsior, MN 55331
  • /70

    $5,400,000

    • 5 Beds
    • 8 Baths
    • 8,263 Sq Ft

    230 Birch Bluff Rd, Excelsior, MN 55331

    Rare opportunity to own this well-appointed home with panoramic views of Carman Bay. Sandy beach, gorgeous sunsets, level lot and close proximity to downtown Excelsior. 230 Birch Bluff Road is a grand Tuscan two story and boasts 8263 square feet including a 3-car garage with a separate shop and storage. Main floor kitchen has a large center island, generous workspace, and hearth room. 5 bedrooms

    Kimberly Henderson Coldwell Banker Realty

    230 Birch Bluff Rd, Excelsior, MN 55331
  • /29

    $2,395,000 New Construction

    • 3 Beds
    • 2 Baths
    • 2,616 Sq Ft

    4650 Manitou Rd, Excelsior, MN 55331

    Bayview, an exciting new, warm contemporary design that may be modified to meet buyers satisfaction. The lot provides westerly views of Lake Minnetonka and northeasterly views of a wetland in the distance. Stunning, Architectural work provided by Alexander Design Group. All Main Level Living. Property is assigned to the award winning, Minnetonka School district. Outdoor Pool is optional.

    Cindy Redmond Coldwell Banker Realty

    4650 Manitou Rd, Excelsior, MN 55331
  • /48

    $539,900

    • 3 Beds
    • 2 Baths
    • 1,764 Sq Ft

    10 Birch Bluff Rd, Excelsior, MN 55331

    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

    Jim Schwarz Lakes Sotheby's International

    10 Birch Bluff Rd, Excelsior, MN 55331
  • /2

    $2,280,000 New Construction

    • 5 Beds
    • 3.5 Baths
    • 5,571 Sq Ft

    85 Brentwood Ave, Excelsior, MN 55331

    This stunning custom-designed new construction home offers 5,571 finished square feet, providing ample space for both relaxation and entertainment. It features five generously sized bedrooms, including one that can easily be converted into an office. The house boasts three and a half beautifully designed bathrooms, thoughtfully planned for both functionality and comfort. For wine lovers, there is

    Kristen Lervick Keller Williams Realty Integrity Lakes

    85 Brentwood Ave, Excelsior, MN 55331
  • /38

    $575,000

    • 6 Beds
    • 4 Baths
    • 2,880 Sq Ft

    10 Woodpecker Ridge Rd, Excelsior, MN 55331

    Don't miss this incredible duplex located in highly desirable neighborhood within Minnetonka Schools and just minutes from Excelsior’s boutiques, restaurants, trails, and one block to Lake Minnetonka City Docks. Each side features generous 3 beds, 2 baths, fabulous open floor plan, living room with fireplace and attached garage. Out back find spacious patio and huge private yard. Brand new roof

    Marissa Winegarden eXp Realty

    10 Woodpecker Ridge Rd, Excelsior, MN 55331
  • /5

    $1,495,000

    • Land
    • 0.21 Acre
    • $7,119,048 per Acre

    45 X Lakeview Ave, Tonka Bay, MN 55331

    This spectacular Lake Minnetonka building site offers sweeping Northeast views of Big Island, Echo Bay, and beyond. With 100 feet of sandy shoreline in storied Tonka Bay, just outside of downtown Excelsior, you'll find this the perfect place to design and build your next home with Landschute. Award winning Minnetonka Schools, Minnewashta Elementary, and Minnetonka Middle School West.

    Mike Monson The Landschute Group,Inc.

    45 X Lakeview Ave, Tonka Bay, MN 55331
  • /4

    $2,399,000

    • Land
    • 0.41 Acre
    • $5,851,220 per Acre

    4330 Manitou Rd, Excelsior, MN 55331

    Breathtaking setting offering unparalleled west-facing sunset views overlooking 104' of level rip-rap shoreline. “A” grade water quality. Adjacent fire lane creates an additional buffer. Ideally located between Wayzata and Excelsior. Bring the builder of your choice!

    Jeffrey Dewing Coldwell Banker Realty

    4330 Manitou Rd, Excelsior, MN 55331
  • /8

    $4,450,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 3,713 Sq Ft

    4330 Manitou Rd, Excelsior, MN 55331

    Gorgeous to-be-built home by James McNeal Architecture and Design, and built by Water Street Homes! Enjoy this stunning condo-alternative offering one-level living and an open floorplan showcasing beautiful water views at every turn! Tranquil lakeside Primary Suite with spa-like bath; junior suite; office; and 3rd bedroom/flex room. 3-car heated garage with epoxy floor. Breathtaking west facing

    Jeffrey Dewing Coldwell Banker Realty

    4330 Manitou Rd, Excelsior, MN 55331

Why Live in Tonka Bay

Tonka Bay, MN, is a small lakeside community on Lake Minnetonka, just under one square mile in size and located 20 miles west of downtown Minneapolis. Known for its luxurious lake life and active lifestyle, Tonka Bay offers a picturesque setting that feels like a vacation year-round. The city has a rich history, including the propagation of the Wealthy apple by horticulturist Peter Gideon in 1864 and the establishment of the Tonka Bay Marina on Echo Bay. The real estate market is highly competitive, with lakefront homes driving up prices, and limited inventory under $1 million. Families are served by the Minnetonka Public School District, which is highly rated and offers programs such as Spanish language immersion at Minnewashta Elementary School. Tonka Bay has limited commercial development, but residents can enjoy local dining at Caribou Coffee and Hazelwood Food and Drink, or recreational activities at Country Club Lanes. The community features expansive green spaces, public parks, and water access, with wildlife sightings common in residential areas. Manitou Park is undergoing renovations to include new baseball fields, a playground, and a hockey rink. Tonka Bay is investing in infrastructure improvements, including water main replacements and road resurfacing, enhancing the quality of life for its residents.

Frequently Asked Questions

What are the most popular zip codes in Tonka Bay, MN?
The most popular zip codes in Tonka Bay, MN include 55331, 55391, 55384, 55364 and 55317.
How are the schools in Tonka Bay, MN?
Tonka Bay, MN has highly rated public and private schools. Some of the best schools in Tonka Bay based on Niche Grades are Minnetonka Senior High School, Orono Senior High School and St John the Baptist Catholic Montessori School. Browse all the schools in Tonka Bay, MN to learn more.
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