465 Lakeview Avenue Tonka Bay, MN 55331

$3,300,000
Active
estimated monthly payment
4 Beds  |  3 Baths  |  2,440 Sq Ft  |  Single Family  |  MLS # 6748408
Open House(s)
Sun, Jul. 20 1:00pm to 4:00pm
  • Welcome home to 465 Lakeview Avenue in Tonka Bay. An exquisitely renovated lakefront retreat on Gideon Bay.
    Welcome home to 465 Lakeview Avenue in Tonka Bay. An exquisitely renovated lakefront retreat on Gideon Bay.
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About The Listing

Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.


Listing courtesy of Max C Zinn, Coldwell Banker Realty
Purchase Price
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1990
MLS #: 6748408
Bedrooms: 4
Square Feet: 2,440
Bathrooms (Full): 1
Price Per Square Foot: $1,352
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 2
Garage Spaces: 4
Parking Description: Attached Garage, Detached, Asphalt, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Drain Tiled, Full, Storage Space, Sump Pump, Unfinished
Construction Description: Fiber Board
Roof Description: Age Over 8 Years, Asphalt
Disability Features: None
Latest Update: 07/19/2025
List Date: 07/19/2025
Listing Agent ID: 502017762
Listing Office: Coldwell Banker Realty
Listing Office ID: 5148
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Fireplace Features: Decorative, Gas
Number of Fireplaces: 1
Fence: Partial, Privacy, Wood
Lot Size: 0.31 Acres
Pool Description: None
Lot Features: Accessible Shoreline, Some Trees
View Description: South
Waterfront: Lake Front
School District: Minnetonka
Tax Year: 2025
Estimated Taxes: $26,505
Contingency Type: None
City: Tonka Bay
Zip: 55331
County: Hennepin
Subdivision: Minnetonka Lake Park
State: MN
Listing last updated: 07/19/25

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