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  • Price cut: $52K (8/13)
    $597,400

    175 Tonka Bay Rd, Tonka Bay, MN 55331

    2beds
    1,000sqft
    : 
    $3,714/mo
    Get pre-qualified
    Single Family
    Built in 1942
    0.37 Acres Lot
    $-- Zestimate®
    $597/sqft
    $-- HOA

    What's special

    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.
    38 days
    |
    1,400
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Tinajero 630-605-4091,

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7112095MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 150 Square Feet
      • Dimensions: 10x15
      Bedroom 2
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 10x14
      Bathroom
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Dining room
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Kitchen
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Laundry
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Living room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Walk in closet
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
      • Laundry: In Basement
      Features
      • Basement: Block,Full,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,000
      • Total interior livable area: 1,000 sqft
      • Finished area above ground: 1,000
      • Finished area below ground: 0

      Property

      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
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      • Details: Garage Door Height (12), Garage Door Width (10)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio, Porch
      • Pool features: None
      • Fencing: Chain Link
      Lot
      • Size: 0.37 Acres
      • Dimensions: NW102 x 149 x 100 x 132
      • Features: Corner Lot, Irregular Lot, Tree Coverage - Medium
      Details
      • Additional structures: Garage(s)
      • Foundation area: 1000
      • Parcel number: 2711723230055
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block, Concrete, Frame
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1942

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Electric, Natural Gas
      • Sewer: City Sewer - In Street
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Tonka Heights
      HOA
      • Has HOA: No
      Location
      • Region: Tonka Bay

      Financial & listing details

      • Price per square foot: $597/sqft
      • Tax assessed value: $284,500
      • Annual tax amount: $3,026
      • Date on market: 7/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Price change$597,400-8%$597/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7112095 Report a problem
        8/5/2026Price change$649,400-2.7%$649/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7112095 Report a problem
        7/22/2026Listed for sale$667,400$667/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7112095 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,169 -0.3%$284,500 -6.7%
        2024$3,180 +4.4%$305,000 -2.7%
        2023$3,045 +29.8%$313,600 +5.6%
        2022$2,347 +1.9%$297,000 +37.5%
        2021$2,304 -5.4%$216,000 +2.9%
        2020$2,435 +5.7%$210,000 -0.5%
        2019$2,304 -5.4%$211,000 +3.4%
        2018$2,435 +1.8%$204,000 -1%
        2017$2,391 -0.7%$206,000 +13.8%
        2016$2,408 +14.3%$181,000 -6.7%
        2015$2,107 -7.3%$194,000 +10.2%
        2014$2,274 +17.2%$176,000 +4.8%
        2013$1,941 +1.3%$168,000 -3.4%
        2012$1,916 +3.1%$174,000 -1.7%
        2011$1,857 +2.5%$177,000 -6.3%
        2010$1,812 -9.1%$189,000 -11.3%
        2009$1,993 +21%$213,000 +23.5%
        2006$1,647 +10.7%$172,500 +15%
        2005$1,487 +10.3%$150,000 +14.9%
        2004$1,348 +7%$130,500 +11.9%
        2002$1,260 -41.4%$116,600
        2001$2,151 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55331

        Getting around

        21 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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