Tonka Bay, MN Lake Homes For Sale (9 Real Estate Listings)

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4330 Manitou Road, Tonka Bay

$4,895,000 Lake Minnetonka

4330 Manitou Road, Tonka Bay

3 Beds 4 Baths 0 Acres 3,713 SqFt Single Family MLS® # 6677799

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 show...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
205 Woodpecker Ridge Road, Tonka Bay

$3,485,000 Lake Minnetonka

205 Woodpecker Ridge Road, Tonka Bay

5 Beds 6 Baths 0 Acres 5,682 SqFt Single Family MLS® # 6595831

Nestled on a rare double lot along a picturesque peninsula in Gideon's Bay on Lake Minnetonka, this exquisite lakeside residence offers 100 feet of prime shoreline with an enviable east-faci...

Lakes Sotheby's InternationalRegional Multiple Listing Service of Minnesota Logo

Active
4330 Manitou Road, Tonka Bay

$2,995,000 Lake Minnetonka

4330 Manitou Road, Tonka Bay

0 Acres Land MLS® # 6677780

Breathtaking setting offering unparalleled west-facing sunset views overlooking 100'+ of level rip-rap shoreline. “A” grade water quality. Adjacent fire lane creates an additional buffer. Id...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
4650 Manitou Road, Tonka Bay

$2,395,000 Lake Minnetonka

4650 Manitou Road, Tonka Bay

4 Beds 3 Baths 1 Acres 5,076 SqFt Single Family MLS® # 6607803

Bayview is an enchanting fusion of artful living and modern architecture in Minnesota. This stunning main level living home is situated on a private, serene homesite in Tonka Bay, offering o...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
4410 Manitou Road, Tonka Bay

$2,300,000 Lake Minnetonka

4410 Manitou Road, Tonka Bay

4 Beds 3 Baths 0 Acres 3,577 SqFt Single Family MLS® # 6715203

**SOLD BEFORE PRINT** First Time Available in 30 Years – Premier Tonka Bay Opportunity Unlock the full potential of Lake Minnetonka living with this exceptional offering in Tonka Bay. For t...

Lakes Area RealtyRegional Multiple Listing Service of Minnesota Logo

Active
10 Woodlane Street, Tonka Bay

$1,650,000 Lake Minnetonka

10 Woodlane Street, Tonka Bay

3 Beds 2 Baths 0 Acres 2,172 SqFt Single Family MLS® # 6702812

51 feet of sandy beach lakefront on the exceptional Gideon Bay. A quiet, stunning corner of Lake Minnetonka (rated Grade A water quality). Elevated panoramic views. Available now to enjoy al...

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Active
30 Interlachen Lane, Tonka Bay

$1,299,000 Lake Minnetonka

30 Interlachen Lane, Tonka Bay

3 Beds 3 Baths 1 Acres 2,615 SqFt Single Family MLS® # 6695715

First time available in over 30 years. Prime fully remodeled walkout 3 bedroom, 3 bath, 2 fireplaces, 3 car heated garage, on half acre lot with owned out lot on Lafayette Bay, Lake Minneto...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
30 Willow Woods Drive, Tonka Bay

$1,275,000 Lake Minnetonka

30 Willow Woods Drive, Tonka Bay

4 Beds 7 Baths 1 Acres 5,046 SqFt Single Family MLS® # 6706125

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...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Active
22 W Point Place, Tonka Bay

$949,900 Lake Minnetonka

↓ $20,000

22 W Point Place, Tonka Bay

2 Beds 3 Baths 0 Acres 2,110 SqFt Condo MLS® # 6676505

Exceptionally appointed 2 story townhome on a shared (6 unit complex) 4 acre parcel with over 1100 feet of shoreline. Covered floating 32 foot dock slip for your watercraft and space for enj...

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo

Tonka Bay, MN Real Estate Statistics

Average Price $2.1M
Lowest Price $830K
Highest Price $4.9M
Total Listings 13
Avg. Price/SQFT $551

Property Types (active listings)


As of May 20, 2025 there are 9 active Tonka Bay, MN Lake lake property listings for sale with an average listing price of $2,360,433. The highest-priced waterfront listing is $4,895,000, while the lowest priced waterfront listing can be purchased for $949,900. Tonka Bay, MN Lake lakeshore listings have an average price of $626 per square foot, based on listings with an average of 3.5 bedrooms, 3.9 bathrooms, and 3,332 square feet of living space.

Tonka Bay, MN Lake Homes for Sale

If you've ever dreamt of waking up to breathtaking lake views, enjoying sunsets over serene waters, and immersing yourself in the tranquility of nature, Tonka Bay, MN, might just be the place to turn those dreams into reality. Nestled on the shores of Lake Minnetonka, Tonka Bay is a charming lakeside community that offers a captivating blend of natural beauty, upscale living, and a vibrant lakeside lifestyle. Explore the allure of Tonka Bay's lake homes for sale and discover why this picturesque town has become a coveted destination for lakefront living.

The Enchantment of Tonka Bay

Tonka Bay is a gem within the Lake Minnetonka area, showcasing the best of lakeside living in Minnesota. Its scenic location offers a postcard-worthy panorama of the glistening lake waters and a lush backdrop of trees and greenery. The town's quaint atmosphere, coupled with its proximity to larger cities like Minneapolis, creates an ideal blend of tranquility and convenience.

The community in Tonka Bay is welcoming and close-knit, fostering a strong sense of belonging among its residents. The town's commitment to preserving its natural surroundings and maintaining an attractive streetscape adds to the overall charm of the area.

Lake Homes Designed for Elegance and Comfort

Tonka Bay boasts an array of lake homes that exemplify luxury and sophistication. From sprawling estates with private docks to cozy cottages with charming character, the real estate options in Tonka Bay cater to a diverse range of tastes and preferences.

Buyers seeking upscale living will find opulent lakefront mansions that leave no detail spared. These homes often feature high-end amenities such as gourmet kitchens, spa-like bathrooms, expansive decks or patios, and private access to the lake. Panoramic windows provide stunning views and invite an abundance of natural light, creating a seamless connection between indoors and outdoors.

For those desiring a more intimate lakeside retreat, quaint cottages and cabins offer a cozy ambiance, perfect for unwinding and rejuvenating. These properties are often nestled among mature trees, providing a sense of privacy and seclusion.

A Lakeside Lifestyle

Owning a lake home in Tonka Bay means embracing a lifestyle centered around the water. Lake Minnetonka is a playground for water enthusiasts, offering a plethora of activities to enjoy year-round. Whether it's boating, fishing, paddleboarding, or simply basking in the sun on a pontoon, the lake provides endless opportunities for recreation and relaxation.

Residents can explore the lake's numerous bays and islands, each with its own unique charm and character. During the colder months, the lake transforms into a winter wonderland, inviting ice fishing, snowmobiling, and ice skating, providing entertainment even in the frostiest of seasons.

Proximity to Urban Amenities

One of the many advantages of living in Tonka Bay is its proximity to urban conveniences. The town is conveniently located near Minneapolis, which allows residents to access a wide range of cultural attractions, dining options, shopping centers, and entertainment venues with ease. Yet, at the end of the day, Tonka Bay offers a peaceful retreat away from the bustling city.

Investment Potential

Beyond its captivating beauty and appealing lifestyle, Tonka Bay's real estate market has shown resilience and stability over the years. Lakefront properties, in particular, tend to hold their value well, making them a solid investment option. The continued demand for lake homes in Tonka Bay also makes it an attractive choice for both homebuyers and investors.

In Conclusion

Tonka Bay, MN, is a lakeside haven that captivates with its natural beauty, upscale living, and recreational opportunities. Lake homes for sale in Tonka Bay present a chance to embrace lakeside luxury and create cherished memories for generations to come. Whether you seek a primary residence or a weekend getaway, Tonka Bay lake homes offer a lifestyle that is as inviting as its breathtaking surroundings. So, dive into the allure of Tonka Bay's lakefront properties and discover the joy of lakeside living in this idyllic Minnesota community.

Lake Minnetonka Homes For Sale

Unraveling the Charm - A Look at the Single Family Homes on Lake Minnetonka

Lake Minnetonka, nestled in the heart of Minnesota, has long been renowned for its scenic beauty, recreational opportunities, and inviting communities. As one of the largest lakes in the state, it has become a coveted destination for residents and tourists alike. Amidst the lake's allure lies a diverse array of single-family homes that have captivated the interest of homebuyers over the years. In this article, we delve into the enchanting world of Lake Minnetonka's single-family homes and explore the reasons behind their enduring popularity.

Lake Minnetonka's Irresistible Allure

Lake Minnetonka's allure is undeniable. With its picturesque shoreline, crystal-clear waters, and charming small towns dotting its edges, the lake has always drawn visitors seeking tranquility and recreation. The allure extends beyond the lake's scenic beauty; it lies in the sense of community and the quality of life that residents enjoy in this idyllic region.

The Rich History of Lake Minnetonka Homes

The history of single-family homes on Lake Minnetonka dates back to the mid-19th century. Initially, these homes were built as summer retreats for wealthy families from nearby cities, including Minneapolis and St. Paul. Over the years, as the region evolved, many of these cottages were converted into year-round residences, further solidifying Lake Minnetonka's status as a highly desirable residential area.

Types of Homes For Sale on Lake Minnetonka

Lake Minnetonka offers a diverse selection of homes for sale, catering to different tastes and preferences. Traditional lakefront cottages exude a rustic charm that harkens back to the area's early days, while luxurious estates showcase modern architectural design and upscale amenities. Apart from lakefront properties, some homes are tucked away in the wooded back lots or perched atop scenic bluffs, providing breathtaking views of the lake and surrounding landscapes.

Factors Contributing to Popularity

Proximity to the Twin Cities: One of the primary reasons for the enduring popularity of single-family homes on Lake Minnetonka is its close proximity to Minneapolis and St. Paul. The easy commute to the urban centers makes it an attractive choice for those seeking a peaceful retreat without sacrificing city conveniences.

Waterfront Living: Lakefront living has a timeless appeal, offering residents the opportunity to enjoy various water-based activities, such as boating, fishing, and swimming, right at their doorstep. The calming presence of the water and the stunning sunsets create an unmatched living experience.

Sense of Community: Lake Minnetonka boasts vibrant communities with active resident associations, community events, and social gatherings, fostering a strong sense of belonging among the homeowners.

Top-notch Education: The area surrounding Lake Minnetonka is renowned for its excellent schools, making it a preferred choice for families looking to provide their children with quality education.

Appreciating Real Estate Values: Over the years, the demand for lakefront properties has remained steady, resulting in relatively stable and appreciating real estate values, making these homes solid investments for homeowners.

Final Thoughts

Lake Minnetonka's allure is not confined to its scenic beauty alone. Tonka Bay's rich history, diverse range of single-family homes, and the sense of community contribute to its enduring popularity. Whether it's the chance to embrace waterfront living, enjoy recreational activities, or simply relish the peace and serenity of the lake, Lake Minnetonka continues to beckon homebuyers to experience the magic it holds within its shores. As a cherished gem of Minnesota, Lake Minnetonka homes for sale continue to be sought-after properties that showcase the essence of lakeside living at its finest.

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