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Recently Sold Tonka Bay, MN Homes

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  • /46

    $895,000 Sold Jun 30, 2025

    • 2,110 Sq Ft
    • $424/SF
    • 55 Days On Market
    • 2 Beds
    • 2.5 Baths
    • Built 1986

    22 W Point Place, Excelsior, MN 55331

    This rare Lake Minnetonka townhome wasn’t just listed—it was presented. Positioned on a private 4-acre peninsula with over 1,100 feet of pristine shoreline, this home offered more than just lakefront—it offered a lifestyle. Featuring a private 32-foot dock slip, expansive water views, and a beautifully updated two-story layout, every detail was highlighted to attract discerning lake

    Steve Westmark RE/MAX Advantage Plus

    22 W Point Place, Excelsior, MN 55331
  • /63

    $1,275,000 Sold Jun 16, 2025

    • 4,510 Sq Ft
    • $283/SF
    • 11 Days On Market
    • 4 Beds
    • 7 Baths
    • Built 1961

    30 Willow Wood Dr, Excelsior, MN 55331

    Wind your way through tree lined roads to your sanctuary on Gideon Bay! East facing with commanding panoramic lake views, the home offers a 2006 Spanish Mediterranean rebuild (previous owner design build). Cul-de-sac setting with 9 neighboring homes, .65 acre fully fenced lot abutting marsh, deeded lake access, and private dock that will accompany a 24’ boat! Distinctive architecture created by a

    Nancy Walker Coldwell Banker Realty

    30 Willow Wood Dr, Excelsior, MN 55331
  • /38

    $2,195,000 Sold Jun 10, 2025

    • 5,209 Sq Ft
    • $421/SF
    • 11 Days On Market
    • 4 Beds
    • 3.5 Baths
    • Built 2022

    95 Birch Bluff Rd, Excelsior, MN 55331

    This approximately 5,200 square foot newer built home sits on a .69 acre private, wooded lot with wetland views. The home offers four bedrooms, four bathrooms and six heated garage stalls with a great workshop area. The home is located within the Minnetonka school district, providing access to quality educational opportunities. The home features vaulted wood beamed ceilings and walls of glass,

    Kelle Bowe Coldwell Banker Realty

    95 Birch Bluff Rd, Excelsior, MN 55331
  • /6

    $2,300,000 Sold May 29, 2025

    • 2,787 Sq Ft
    • $825/SF
    • 0 Days On Market
    • 4 Beds
    • 3 Baths
    • Built 1972

    4410 Manitou Rd, Excelsior, MN 55331

    **SOLD BEFORE PRINT**First Time Available in 30 Years – Premier Tonka Bay OpportunityUnlock the full potential of Lake Minnetonka living with this exceptional offering in Tonka Bay. For the first time in over three decades, this 19,166 sq ft lot with 141 feet of level, sandy-bottom shoreline on East Upper Lake is available for renovation or redevelopment. The property features mature trees, a

    Christopher Dennis Lakes Area Realty

    4410 Manitou Rd, Excelsior, MN 55331
  • /7

    $2,096,500 Sold May 13, 2025

    • Land
    • 0.58 Acre
    • $3,614,655 per Acre
    • 0 Days On Market

    4774 Manitou Rd, Excelsior, MN 55331

    Sold before print.

    Hans Zinn Coldwell Banker Realty

    4774 Manitou Rd, Excelsior, MN 55331
  • /21

    $560,000 Sold May 12, 2025

    • 3,292 Sq Ft
    • $170/SF
    • 3 Days On Market
    • 4 Beds
    • 2 Baths
    • Built 1956

    10 Wildhurst Rd, Excelsior, MN 55331

    Investor special. Priced with an entrepreneurial incentive. Both units have a fireplace, special kitchenette in the lower level and a tuckunder garage. Huge site with wetland views. Unit #1 move in ready. Possible dock through the city of Tonka Bay. Minnetonka schools!

    Annie Nasset Weichert, Realtors-Advantage

    10 Wildhurst Rd, Excelsior, MN 55331
  • /42

    $2,120,000 Sold Apr 18, 2025

    • 3,199 Sq Ft
    • $663/SF
    • 6 Days On Market
    • 4 Beds
    • 3.5 Baths
    • Built 1952

    55 Fairhope Ave, Excelsior, MN 55331

    Extraordinary opportunity to live surrounded by Lake Minnetonka! This property features over 100 feet of quiet water shoreline for a year-round dock and canopy, plus an additional 70 feet of sandy shoreline with a beach area, fire pit, and private swimming hole right off your back deck. The interior was beautifully remodeled in 2021, boasting new Cambria countertops, fresh interior and exterior

    Andrew Spilseth Compass

    55 Fairhope Ave, Excelsior, MN 55331
  • /21

    $1,250,000 Sold Apr 16, 2025

    • 1,353 Sq Ft
    • $924/SF
    • 196 Days On Market
    • 1 Bed
    • 2 Baths
    • Built 1948

    45 Lakeview Ave, Excelsior, MN 55331

    Discover the perfect blend of natural beauty and prime location at 45 Lakeview. This unique property, available as a single-family home site or a prime lot for future development, offers breathtaking views overlooking Echo Bay on this northeast facing lot on Lake Minnetonka. Enjoy 100 feet of shoreline and serene vistas of historic Big Island right from your future home. Whether you're looking to

    Tony Sarenpa Keller Williams Premier Realty Lake Minnetonka

    45 Lakeview Ave, Excelsior, MN 55331
  • /22

    $1,250,000 Sold Apr 16, 2025

    • Land
    • 0.21 Acre
    • $5,952,381 per Acre
    • 199 Days On Market

    45 Lakeview Ave, Excelsior, MN 55331

    Discover the perfect blend of natural beauty and prime location at 45 Lakeview. This unique property, available as a single-family home site or a prime lot for future development, offers breathtaking views overlooking Echo Bay on this northeast facing lot on Lake Minnetonka. Enjoy 100 feet of shoreline and serene vistas of historic Big Island right from your future home. Whether you're looking to

    Tony Sarenpa Keller Williams Premier Realty Lake Minnetonka

    45 Lakeview Ave, Excelsior, MN 55331
  • /23

    $460,000 Sold Feb 25, 2025

    • 1,664 Sq Ft
    • $276/SF
    • 15 Days On Market
    • 2 Beds
    • 2 Baths
    • Built 1985

    85 Brentwood Ave, Excelsior, MN 55331

    Desirable Tonka Bay location less than a mile from downtown Excelsior with restaurants, Excelsior brewery, shops, and more. Home backs up to wooded lot and LRT trail - hop on and walk straight into downtown Excelsior or ride your bike to downtown Hopkins or Victoria and more! Main floor bathroom has been updated and new flooring throughout the whole home. Yard has been professionally

    Kimberly Ekelund Trenary Realty Group

    85 Brentwood Ave, Excelsior, MN 55331
  • /42

    $615,000 Sold Feb 07, 2025

    • 2,154 Sq Ft
    • $286/SF
    • 12 Days On Market
    • 3 Beds
    • 3 Baths
    • Built 1959

    10 Pearl St, Excelsior, MN 55331

    Location, Location, Location! Gideons Bay neighborhood just steps to Lake Minnetonka with public lake access 2 houses down. Walking distance to Wekota Beach Park and Tonka Bay Marina. This home has been fully renovated, and offers an updated kitchen, baths, gleaming hardwood floors, lots of natural light, and so much more. Open floor plan is great for everyday living and entertaining. Two

    Scott Stevenson Coldwell Banker Realty

    10 Pearl St, Excelsior, MN 55331
  • /51

    $1,745,000 Sold Jan 07, 2025

    • 4,146 Sq Ft
    • $421/SF
    • 7 Days On Market
    • 4 Beds
    • 3 Baths
    • Built 1987

    50 Highland Ave, Excelsior, MN 55331

    This is a gem on Lake Minnetonka. Nestled on a quiet cove off Gideon's Bay, you will find this exceptional, architecturally designed home. Designed by owner and architect Kilstofte, the home was built with unparalleled craftsmanship and has timeless appeal. Set on a serene .72-acre lot, the property is perfectly sited and offers breathtaking, long and peaceful views of Lake Minnetonka. A

    Stafford Family Realtors Coldwell Banker Realty

    50 Highland Ave, Excelsior, MN 55331
  • /29

    $1,900,000 Sold Dec 27, 2024

    • 2,852 Sq Ft
    • $666/SF
    • 46 Days On Market
    • 4 Beds
    • 3.5 Baths
    • Built 1930

    4330 Manitou Rd, Excelsior, MN 55331

    Charming Lake Minnetonka cottage with over 100 feet of south west facing rip rad lakeshore, providing fantastic views and sunsets. This home is next to a 50 foot fire lane for additional privacy. Boulders provide a great set of stairs to access a sandy bottom, clear water on Old Channel Bay. “A” rated water quality. The vaulted ceiling in the living room and sunroom creates an open and airy feel

    Michael Smith Raintree Realty LLC

    4330 Manitou Rd, Excelsior, MN 55331
  • /76

    $2,400,000 Sold Dec 20, 2024

    • 4,739 Sq Ft
    • $506/SF
    • 59 Days On Market
    • 5 Beds
    • 3.5 Baths
    • Built 2004

    60 Crabapple Ln, Excelsior, MN 55331

    Stunning 5 bedroom, 4 bath home in a quiet cove off Gideons Bay. Beautiful 100 feet of level lakeshore includes fabulous landscaping, lakeside firepit, stamped concrete patio and stationary dock that can includes 2 boat slips, one 40 ft, one 30 ft. There is power at the dock and low voltage lighting. A huge plus in the home is the 3-car garage street side and identical space below on the

    Cheryl Brellenthin Edina Realty, Inc.

    60 Crabapple Ln, Excelsior, MN 55331
  • /92

    $1,970,000 Sold Dec 18, 2024

    • 4,423 Sq Ft
    • $445/SF
    • 102 Days On Market
    • 4 Beds
    • 5 Baths
    • Built 1991

    155 Gideons Point Rd, Excelsior, MN 55331

    Experience the epitome of lakefront living with this exceptional home, offering an unparalleled combination of elegance, comfort, and convenience. Nestled in the coveted Gideons Point neighborhood, this custom-built residence boasts a unique blend of luxurious features and practical amenities, all without the hassle of shoreline maintenance. Enjoy a picturesque lifestyle on the pristine waters

    Andrea Kerrison Lakes Area Realty

    155 Gideons Point Rd, Excelsior, MN 55331
  • /57

    $2,999,000 Sold Dec 02, 2024

    • 3,990 Sq Ft
    • $752/SF
    • 13 Days On Market
    • 4 Beds
    • 3.5 Baths
    • Built 1988

    170 Wildhurst Rd, Excelsior, MN 55331

    Welcome to this inviting lakefront retreat, boasting 96 feet of west-facing shoreline on the serene Crescent Beach. Nestled on a peaceful, non-through street, this home is surrounded by beautifully landscaped grounds, offering both privacy and tranquility. From the moment you arrive, the welcoming front entrance, highlighted by a stunning portico with skylights and a circular drive, sets the

    Kristi Weinstock Coldwell Banker Realty

    170 Wildhurst Rd, Excelsior, MN 55331
  • /28

    $445,000 Sold Nov 26, 2024

    • 1,315 Sq Ft
    • $338/SF
    • 102 Days On Market
    • 3 Beds
    • 1 Bath
    • Built 1955

    5320 Manitou Rd, Excelsior, MN 55331

    Fantastic Home in Prime Excelsior Location! Location, Location, Location! This move-in ready home offers an unbeatable spot near downtown Excelsior and is part of the highly sought-after Minnetonka school district. The updated kitchen features stainless steel appliances, a stylish tile backsplash, and rich hardwood floors. The open floor plan flows seamlessly into the informal dining area and

    Margaret Trenary Trenary Realty Group

    5320 Manitou Rd, Excelsior, MN 55331
  • /27

    $519,000 Sold Oct 04, 2024

    • 2,268 Sq Ft
    • $229/SF
    • 18 Days On Market
    • 4 Beds
    • 2 Baths
    • Built 1940

    5371 Manitou Rd, Excelsior, MN 55331

    Nestled amongst a beautiful nature surround this character filled bungalow with newly finished basement, bathroom and 4th bedroom (or home office) offers all you need for your family. The centerpiece of the home, an intricately designed stone gas fireplace exudes warmth for the upcoming fall and winter nights. The almost acre lot offers endless possibilities for creating your perfect nature

    Susan Himrod Strigel Counselor Realty of Victoria

    5371 Manitou Rd, Excelsior, MN 55331
  • /10

    $2,650,000 Sold Sep 25, 2024

    • Land
    • 2.59 Acres
    • $1,023,166 per Acre
    • 67 Days On Market

    75X Fairhope Ave, Excelsior, MN 55331

    This exceptional island property offers an unparalleled opportunity nestled on the picturesque shores of Lake Minnetonka. Envision the potential of creating a luxurious retreat that seamlessly complements the breathtaking natural surroundings. Boasting over 1000 feet of lakeshore and uninterrupted vistas stretching to Wayzata Bay, this is a remarkable setting for an architectural marvel that

    Andrew Spilseth Compass

    75X Fairhope Ave, Excelsior, MN 55331
  • /26

    $2,650,000 Sold Sep 25, 2024

    • 3,034 Sq Ft
    • $873/SF
    • 95 Days On Market
    • 3 Beds
    • 2.5 Baths
    • Built 1989

    75 Fairhope Ave, Excelsior, MN 55331

    Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car

    Andrew Spilseth Compass

    75 Fairhope Ave, Excelsior, MN 55331
  • /2

    $2,945,000 Sold Jul 25, 2024

    • 3,421 Sq Ft
    • $861/SF
    • 0 Days On Market
    • 4 Beds
    • 4.5 Baths
    • Built 2020

    195 W Point Rd, Excelsior, MN 55331

    Sold pre-MLS.

    Gregg Larsen Coldwell Banker Realty

    195 W Point Rd, Excelsior, MN 55331
  • /46

    $470,000 Sold Jul 15, 2024

    • 1,348 Sq Ft
    • $349/SF
    • 4 Days On Market
    • 3 Beds
    • 1 Bath
    • Built 1920

    100 Mound Ave, Excelsior, MN 55331

    This home offers a huge, private, wooded lot in a classic, lower Lake Minnetonka neighborhood! Boat Docks are available through the city for residents of Tonka Bay with a waiting list of 2-5 years currently.Award winning Minnetonka Schools serve this home.This property features plenty of room for outdoor activities or simply viewing nature. The oversized, insulated garage offers space for hobbies

    Clifford Love Engel & Volkers Lake Minnetonka

    100 Mound Ave, Excelsior, MN 55331
  • /3

    $3,900,000 Sold Mar 31, 2025

    • 4,008 Sq Ft
    • $973/SF
    • 0 Days On Market
    • 5 Beds
    • 5 Baths
    • Built 2016

    60 W Point Ave, Excelsior, MN 55331

    Timothy Beduhn Coldwell Banker Realty

    60 W Point Ave, Excelsior, MN 55331
  • /28

    $450,400 Sold Jun 06, 2025

    • 2,446 Sq Ft
    • $184/SF
    • 92 Days On Market
    • 3 Beds
    • 2.5 Baths
    • Built 2002

    5580 Manitou Rd, Excelsior, MN 55331

    Stunning 3BR/3BA End Unit Twinhome Near Lake Minnetonka & Excelsior! Nestled on a private, wooded lot, this beautifully updated end-unit twinhome offers the perfect blend of comfort and convenience. The open floor plan features soaring vaulted ceilings, gorgeous wood floors, and two stunning fireplaces. Enjoy year-round relaxation in the sitting room with deck access. The spacious primary suite

    Brittney Dahl RE/MAX Professionals

    5580 Manitou Rd, Excelsior, MN 55331
  • /60

    $3,000,000 Sold Oct 25, 2024

    • 5,826 Sq Ft
    • $515/SF
    • 52 Days On Market
    • 4 Beds
    • 3.5 Baths
    • Built 1984

    2771 Shadywood Rd, Excelsior, MN 55331

    Nestled on a picturesque 1.25-acre lot with 100 feet of Carman Bay’s pristine lakeshore, this exquisite property showcases the unparalleled craftsmanship of Steiner & Koppleman, renowned for their solid construction and meticulous attention to detail. The home exudes impressive curb appeal, featuring a peaked roofline and a beautifully pavered circular driveway that welcomes you to this serene

    Kristi Weinstock Coldwell Banker Realty

    2771 Shadywood Rd, Excelsior, MN 55331
  • /40

    $485,000 Sold Sep 30, 2024

    • 2,350 Sq Ft
    • $206/SF
    • 53 Days On Market
    • 4 Beds
    • 2 Baths
    • Built 1952

    5480 Wedgewood Dr, Excelsior, MN 55331

    This unique Shorewood rambler is situated on an oversized lot with a beautiful flat backyard adjoining protected marsh land, with mature trees and a 3rd stall detached garage. Second full kitchen in the walk-out lower level offers a dual living option with two bedrooms and full bath. Finished square footage does not reflect main level family room and 5th bedroom which offers an additional 772

    Lisa Hilgers Edina Realty, Inc.

    5480 Wedgewood Dr, Excelsior, MN 55331
  • /36

    $460,000 Sold Sep 25, 2024

    • 2,268 Sq Ft
    • $203/SF
    • 11 Days On Market
    • 3 Beds
    • 2.5 Baths
    • Built 1994

    5450 Gideons Ln, Excelsior, MN 55331

    Gorgeous bright home in a private Cul de Sac. Fabulous one-level living w/finished Lower Level with walkout. Enjoy family gatherings and entertaining as the kitchen leads to a spacious dining andliving room area. Sip morning coffee or afternoon drinks on the private deck surrounded by nature. The3-Season Porch is perfect for relaxing and enjoying a good book or soaking up the sun.

    Scott MacDougall LPT Realty, LLC

    5450 Gideons Ln, Excelsior, MN 55331
  • /37

    $640,000 Sold Aug 16, 2024

    • 2,438 Sq Ft
    • $263/SF
    • 69 Days On Market
    • 4 Beds
    • 2.5 Baths
    • Built 1963

    5325 Lee Cir, Excelsior, MN 55331

    Beautiful property featuring custom cabinetry, wood finishes, marble flooring in foyer and porch, a remarkable kitchen to entertain, and nearby Lake Minnetonka! Large dining area with dual sided fireplace, high end appliances, four bedrooms on main floor, and bonus room in lower-level. Park and rec activities nearby, quick access to dt Excelsior, Wayzata, and highways. The lot is .86 acres of

    Amber Rose Bjerke RC Enterprises, LLC

    5325 Lee Cir, Excelsior, MN 55331
  • /53

    $560,000 Sold Jul 31, 2024

    • 2,479 Sq Ft
    • $226/SF
    • 11 Days On Market
    • 3 Beds
    • 2.5 Baths
    • Built 2002

    5570 Manitou Rd, Excelsior, MN 55331

    HIGHLY sought after and rarely available pristine twin home in Excelsior! One of only four homes nestled in with mature trees, gorgeous landscaping and ideal location. Bright, open and updated! The main level boasts new hardwood flooring throughout - vaulted ceilings, beautiful stone, gas fireplace all overlooking wooded backyard. Kitchen features new stainless steel appliances, breakfast bar

    Heidi Barcelow Edina Realty, Inc.

    5570 Manitou Rd, Excelsior, MN 55331

Frequently Asked Questions

What is the average home price in Tonka Bay, MN?
Homes for sale in Tonka Bay, MN have an average home price of $2,047,600.
What is the average time to sell a house in Tonka Bay, MN?
The houses for sale in Tonka Bay, MN spend an average of 58 days on the market.
What is the number of active homes for sale in Tonka Bay, MN?
There are 4 active homes for sale in Tonka Bay, MN.
How many homes have sold over the last 12 months in Tonka Bay, MN?
11 homes have sold in Tonka Bay, MN over the last 12 months.

Home Trends in Tonka Bay, MN

Housing Trends

Median Sale Price
$1,970,000
Median Single Family Sale Price
$1,970,000
Average Price Per Sq Ft
$705
Number of Homes for Sale
4
Last 12 months Home Sales
11
Months of Supply
4.40
Median List Price
$1,970,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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