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1145 Tonkawa Rd, Long Lake, MN, 55356

6beds
6baths
6,601sqft
$3,999,000
$606price/sqft
$26,752/moest. monthly cost
$1,070,080/yrincome needed

About This Home

Exquisite Lake Minnetonka Luxury Residence – Orono, North Arm Bay Perfectly positioned on the shores of Lake Minnetonka, this exceptional home was completely rebuilt in 2005 by Michael Hayes Homes and thoughtfully designed by Alexander Design Group. Blending timeless elegance with modern comfort, it offers an unparalleled lakefront lifestyle. This property offers more than one owners suite option. Inside, soaring ceilings and floor-to-ceiling windows flood the home with natural light and capture sweeping panoramic views. The main level features a owners suite, chef’s kitchen with high-end appliances gas stove and custom cabinetry, a formal dining room, a welcoming family room with fireplace, and a private office. Upstairs, primary suite boasts a spa-like bath with soaking tub, walk-in shower, and dual vanities. Five additional bedrooms, including two with en suite baths, provide generous accommodations for family and guests. Outdoor living is second to none, with a 430 sq ft three-season porch, expansive paver patio, and grandfathered deck extending over the lake, perfect for entertaining or enjoying serene western sunsets. The beautifully landscaped grounds include a private dock and ample green space. Additional features include a four-car garage, RO water system, meticulous craftsmanship, and a layout designed for both comfort and sophistication.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
Orono Middle SchoolGrades 6-82.9 mi
10/10
Orono Senior High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Chandelier,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Drain Tiled,Finished,Full,Sump Basket,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 221
  • Dimensions: 17x13

Bedroom2

  • Level: Upper
  • Area: 280
  • Dimensions: 14x20

Bedroom3

  • Level: Upper
  • Area: 198
  • Dimensions: 11x18

Bedroom4

  • Level: Lower
  • Area: 255
  • Dimensions: 17x15

Bedroom5

  • Level: Lower
  • Area: 182
  • Dimensions: 13x14

Bedroom6

  • Level: Lower
  • Area: 275
  • Dimensions: 11x25

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 3
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 2

Bonus Room

  • Level: Upper
  • Area: 891
  • Dimensions: 33x27

Dining Room

  • Level: Main
  • Area: 208
  • Dimensions: 16x13

Family Room

  • Level: Upper
  • Area: 375
  • Dimensions: 25x15

Family Room

  • Level: Lower
  • Area: 567
  • Dimensions: 27x21

Features

  • Number of fireplaces: 3
  • Fireplace features: Double Sided,Gas,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,636
  • Finished area above ground: 4,965

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Informal Dining Room

  • Level: Upper
  • Area: 168
  • Dimensions: 12x14

Interior Area

  • Total structure area: 6,601
  • Total interior livable area: 6,601 sqft

Kitchen

  • Level: Lower
  • Area: 210
  • Dimensions: 21x10

Laundry

  • Level: Upper
  • Area: 48
  • Dimensions: 8x6

Living Room

  • Level: Main
  • Area: 208
  • Dimensions: 13x16

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0811723130016
  • Zoning description: Residential-Single Family
  • Foundation area: 2278

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck,Porch,Rear Porch,Wrap Around
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • On waterfront: Yes
  • Waterfront features: Dock,Lake Front,Waterfront Elevation(15-26)

Lot

  • Lot size: 0.92 Acres
  • Lot size dimensions: 264 x

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage,Garage Door Opener,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $20,221$242,652
Home Insurance *$2,426$29,112
Property Taxes $3,549$42,588
Electricity $556$6,680
Total$26,752$321,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$917,211/yr
40% on housing$802,560/yr
45% on housing$713,386/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$606This listing

vs Other Active Listings

Avg $/sqft

ZIP 55356$396
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55356$256
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-06Listed for sale$4,250,000
2025-08-11Listing removed$4,250,000
2025-05-17Listed for sale$4,250,000
2024-08-19Listing removed$4,500,000
2024-06-26Listed for sale$4,500,000
1982-10-01Sold$295,000

For Sale by Agent

AgentJulia Distel
BrokerageRE/MAX Results

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