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

$1,875,000

4 Beds ⋅ 6 Baths ⋅ 7148468 MLS

Modern design meets a peaceful, wooded setting in this newly built Tonka Bay home. Clean architectural lines, a striking mix of exterior finishes, expansive windows, and a landscaped lawn make a memorable first impression. A generous maintenance free deck extends the living space outdoors, with room to relax or entertain among the trees. Inside, the floor plan offers approximately 4,443 finished square feet designed for both everyday comfort and gatherings. The main level brings the kitchen, pantry, dining area, and great room together in an open layout. An entry foyer, mudroom, and convenient access to the attached three car garage add ease to daily life. The home's bedroom layout offers welcome flexibility. The upper level includes an owner's suite with its own bath, additional bedrooms and baths, and a bonus room suited to a lounge, playroom, or workspace. On the main level, an amazing guest suite with private 3/4 bathroom and separate office area. With its contemporary style, spacious layout, and inviting outdoor spaces, 40 Lilah Ln offers a distinctive opportunity to enjoy new construction in Tonka Bay.

40 Lilah Lane, Tonka Bay

Listing courtesy of Edina Realty, Inc..

$2,249,000

4 Beds ⋅ 4 Baths ⋅ 7144346 MLS

A rare expression of luxury, craftsmanship, and the Lake Minnetonka lifestyle, 15 Maple Hill is an extraordinary custom rambler where no detail has been overlooked. Set in the coveted community of Tonka Bay, this exceptional residence combines timeless architecture with sophisticated design, impeccable craftsmanship, and top-tier finishes throughout. From the moment you arrive, the quality is unmistakable. The thoughtfully designed interior features luxurious custom finishes, Miele appliances, and beautifully appointed living spaces created for both everyday living and effortless entertaining. A stunning four-season sunroom with a floor-to-ceiling stone fireplace provides a spectacular space to relax and enjoy the beauty of the surrounding landscape year-round. The expansive lower level is designed for both wellness and entertaining, featuring an impressive 24’ x 32’ private fitness gym, a custom bar, and in-floor radiant heat that provides exceptional comfort throughout the space. The lower level offers the flexibility to create the ultimate retreat, entertainment destination, or wellness experience. And for those who embrace the Lake Minnetonka lifestyle, the property includes a boat slip at Caribbean Marina for the 2027 summer season, providing convenient access to the lake’s renowned boating, dining, recreation, and unforgettable sunsets.

15 Maple Hill Drive, Tonka Bay

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,675,000

4 Beds ⋅ 6 Baths ⋅ 7128429 MLS

Experience luxury new construction at 36 Lilah Lane in coveted Tonka Bay. Built by Boone Builders, this awesome property blends sophisticated contemporary design with warm, inviting finishes and exceptional wooded privacy. The open main level showcases 10' ceilings with in floor radiant heat throughout, wide-plank engineered wood floors, gourmet kitchen with oversized center island, custom cabinetry and premium Thor appliances, plus a light-filled great room with fireplace and walls of windows. Main level bedroom with private 3/4 bathroom and walk-in closet with convenient washer/dryer hookup. A private upper level owner™s suite offers a spa-inspired bath with soaking tub, oversized shower and huge walk-in closet. The upper level also features two additional bedrooms, laundry, and a spacious Rec room. Enjoy a dedicated main floor home office, mudroom, expansive Trex deck overlooking the woods. The impressive 4-car garage is insulated with rough-ins for both EV charging and gas heat. Tucked in the Minnetonka school district and only minutes to historic downtown Excelsior via the Lake Minnetonka Regional Trail, you' can't beat the location of this thoughtfully designed one-level-living stunner!

36 Lilah Lane, Tonka Bay

Listing courtesy of Edina Realty, Inc..

$2,440,000

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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Tonka Bay Real Estate

Newest Listings in Tonka Bay

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