175 Tonka Bay Rd, Tonka Bay, MN, 55331
About This Home
New Price! Build, renovate, or enjoy today in one of Lake Minnetonka's most desirable communities. Set on a spacious 0.37-acre lot in the heart of Tonka Bay, this rare opportunity offers the perfect blend of lakeside living, privacy, and exceptional future potential. Nestled on a quiet peninsula between Echo Bay and Gideons Bay, you'll enjoy an unbeatable lifestyle with Wekota Beach Park, local marinas, and boat docks just a short walk away. Spend your days on Lake Minnetonka, then head to nearby downtown Excelsior for waterfront dining, boutique shopping, and year-round entertainment. The property features an existing home and a detached garage with ample space for vehicles, boats, recreational equipment, or additional storage. Whether you're looking to move right in, renovate and expand, or design and build a custom home, this property offers exceptional flexibility in a neighborhood experiencing continued investment and luxury new construction.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1942
Materials
- Roof: Age 8 Years or Less
- Construction materials: Block,Concrete,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Cooktop,Dryer,Water Filtration System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Block,Full,Unfinished
Bathroom
- Level: Main
- Area: 120
- Dimensions: 10x12
Bedroom
- Level: Main
- Area: 150
- Dimensions: 10x15
Bedroom2
- Level: Main
- Area: 140
- Dimensions: 10x14
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 120
- Dimensions: 12x10
Features
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,000
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
Kitchen
- Level: Main
- Area: 120
- Dimensions: 10x12
Laundry
- Level: Main
- Area: 120
- Dimensions: 12x10
Living Room
- Level: Main
- Area: 168
- Dimensions: 14x12
Walk In Closet
- Level: Main
- Area: 120
- Dimensions: 12x10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2711723230055
- Zoning description: Residential-Single Family
- Foundation area: 1000
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Patio,Porch
- Fencing: Chain Link
Lot
- Lot size: 0.37 Acres
- Features: Corner Lot,Irregular Lot,Tree Coverage - Medium
- Lot size dimensions: NW102 x 149 x 100 x 132
Parking
- Total spaces: 4
- Parking features: Gravel,Concrete,Driveway - Other Surface,Garage Door Opener,Heated Garage,Insulated Garage,Multiple Garages,RV Access/Parking,Tuckunder 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
- Hail
- Heat Wave
- Tornado
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,374 | $40,488 |
| Home Insurance * | $286 | $3,432 |
| Property Taxes | $620 | $7,440 |
| Electricity | $170 | $2,050 |
| Total | $4,450 | $53,400 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $597,400 |
| 2026-08-05 | Price change | $649,400 |
| 2026-07-22 | Listed for sale | $667,400 |
View on Zillow