Tonka Bay Real Estate

Tonka Bay Real Estate

Tonka Bay, Minnesota is one of the most desirable cities to live in the Twin Cities metro area. Located in Hennepin County, the city is situated on the shores of Lake Minnetonka and is known for its picturesque views and vibrant community.

The city is home to a variety of recreational activities, including a beach, a marina, and plenty of trails for hiking and biking. It also boasts a variety of shops and restaurants, making it a great place for those who enjoy the finer things in life.

The city also offers a range of housing options, from luxury homes to more affordable housing. Whether you're looking for a single-family home or a condominium, Tonka Bay has something for everyone.

The city is also known for its excellent schools and low crime rate, making it an ideal place to raise a family. In addition to the great schools, the city is also home to a variety of parks and recreation areas, making it a great place to spend time outdoors.

Tonka Bay is an excellent place to live for those who want to be close to the Twin Cities metro area, but still have access to all the amenities of a small town. With its great views, vibrant community, and variety of housing options, Tonka Bay is sure to have something for everyone.

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
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.

5654 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,150,000
3 Beds ⋅ 3 Baths ⋅ 6764628 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.

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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