Tonka Bay Real Estate

Welcome to Tonka Bay, Minnesota—a hidden gem nestled in the heart of Hennepin County. This charming lakeside community is situated on the shores of beautiful Lake Minnetonka, making it a prime destination for those who appreciate the serene beauty of nature combined with a vibrant community spirit.

Tonka Bay boasts a rich history and a friendly atmosphere, with a population of just over 1,500 residents who take pride in their tight-knit neighborhood. The city is renowned for its stunning waterfront views, lush parks, and an array of recreational activities that cater to all ages. Whether you enjoy boating, fishing, or simply taking a leisurely stroll along the lakeshore, Tonka Bay offers a plethora of outdoor experiences that will inspire a sense of tranquility and connection to nature.

In addition to its natural beauty, Tonka Bay is conveniently located just 20 minutes from the bustling urban center of Minneapolis, providing residents with easy access to a wealth of shopping, dining, and cultural attractions. The community hosts various events throughout the year, fostering a sense of camaraderie among neighbors and creating lasting memories for families.

With its picturesque landscapes, friendly community vibe, and proximity to urban amenities, Tonka Bay is more than just a place to live—it's a lifestyle. Whether you are looking to settle down or invest in a vacation home, this idyllic city offers the perfect blend of relaxation and adventure. Discover the charm of Tonka Bay, where every day feels like a retreat!

Newest Listings in Tonka Bay

$499,999

4 Beds ⋅ 2 Baths ⋅ 7107184 MLS

Welcome to 5330 Manitou Road, a beautifully updated home in highly sought-after Tonka Bay, blending timeless character with thoughtful updates, including fresh paint and a brand-new roof completed in March 2026. The main living space features vaulted ceilings with stunning exposed beams, creating warmth, natural light, and an open feel perfect for everyday living and entertaining. Thoughtful built-ins, including a charming wine rack, add style and function, while the lower level offers a wet bar and flexible gathering space ideal for hosting. Outside, enjoy a private yard and an unbeatable location right next to Manitou Park, with easy access to new park improvements, including a baseball field, dog park, hockey rink, playground, and more. Just minutes from Lake Minnetonka and walkable to Excelsior for dining, coffee, and shopping, this home offers the perfect blend of lifestyle, location, and charm.

5330 Manitou Road, Tonka Bay

Listing courtesy of RE/MAX Results.

$2,590,000

7057352 MLS

Experience lakeside living at its finest on this exceptional Lake Minnetonka lot, featuring 140 feet of level, A-rated sandy lakeshore on East Upper Lake. Nearly half an acre of southwest-facing shoreline offers miles of panoramic views and breathtaking sunsets over the water. This prime location combines peace and privacy with incredible convenience—just minutes from downtown Excelsior, scenic trails, and beautiful parks. Situated within the award-winning Minnetonka School District, this is a rare opportunity to build your dream home on one of the area’s most sought-after settings. Picture yourself enjoying life on this extraordinary lot—your piece of beautiful Lake Minnetonka. The house plan attached is available to be built. The total land and build cost would be $4,995,000

4410 Manitou Road, Tonka Bay

Listing courtesy of Gatehouse Properties LTD.

$1,275,000

3 Beds ⋅ 3 Baths ⋅ 7031321 MLS

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 Excelsior, offering boutique shopping, restaurants, grocery, and Lake Minnetonka amenities. Explore the Lake Minnetonka LRT Regional Trails for miles of walking and biking. Lake Park Villas is HOA-maintained, making this property an attractive option for seasonal residents.

5624 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,250,000

3 Beds ⋅ 3 Baths ⋅ 7031340 MLS

5654 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,150,000

3 Beds ⋅ 3 Baths ⋅ 6764628 MLS

5650 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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