MUST SEE, renovated home that is across the street from Lake Minnetonka. Lake views from the family room, bedroom, deck and more. This home is almost single level living besides laundry. Kitchen, dining room, living room, 3 bedrooms, and 1 bathroom on the main level. Family room, workshop, laundry room, bathroom, and storage space on the lower level. Nicely updated with new kitchen appliances, quartz countertops, fresh paint, new light fixtures, refinished wood floors, luxury vinyl tile floors, carpet, and more. Newer skylight in the dining room. Beautiful deck off the rear of the home that walks out to the concrete patio. Storage building in the backyard. Plenty of parking for a boat and trailer. 100 yards from the local boat launch and the Caribbean Restaurant. Great Tonka Bay city dock program to apply for a dock to use in Tonka Bay. 2 blocks from Wekota Beach Park with a wonderful beach, kid's playground, basketball court, & tennis courts. High Demand Minnetonka School District.
Closed
$465,000
40 Lakeview Ave, Tonka Bay, MN 55331
3beds
2,860sqft
Single Family Residence
Built in 1920
0.26 Acres Lot
$514,000 Zestimate®
$163/sqft
$3,633 Estimated rent
Home value
$514,000
$483,000 - $550,000
$3,633/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 04:37am
Listed by:
Ryan Fischer 612-888-6127,
RE/MAX Results
Bought with:
Ryan D Hannay
Creative Housing Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6340660
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Deck
- Level: Main
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Family room
- Level: Lower
- Area: 380 Square Feet
- Dimensions: 20x19
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 16x7
Living room
- Level: Main
- Area: 299 Square Feet
- Dimensions: 23x13
Patio
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Features
- Basement: Block,Finished,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,860
- Total interior livable area: 2,860 sqft
- Finished area above ground: 1,430
- Finished area below ground: 418
Property
Parking
- Total spaces: 4
- Parking features: Attached, Asphalt, Garage Door Opener, Tuckunder Garage
- Attached garage spaces: 1
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Rear Porch
- Pool features: None
- Has view: Yes
- View description: Lake, North
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View, Other, Road Between Waterfront And Home, Waterfront Num(27013300), Lake Acres(14729), Lake Depth(113)
- Body of water: Minnetonka
Lot
- Size: 0.26 Acres
- Dimensions: 94 x 155 x 74 x 133
- Features: Wooded
Details
- Additional structures: Storage Shed
- Foundation area: 1430
- Parcel number: 2711723240131
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Block
- Roof: Asphalt,Flat,Pitched
Condition
- Age of Property: 105
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Tonka Bay
- Subdivision: Tonka Heights
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Listing removed | $3,000$1/sqft |
Source: Zillow Rentals | ||
| 3/31/2025 | Listed for rent | $3,000+7.1%$1/sqft |
Source: Zillow Rentals | ||
| 1/30/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 1/2/2024 | Listed for rent | $2,800$1/sqft |
Source: Zillow Rentals | ||
| 12/23/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,969 +2.2% | $465,100 +2% |
| 2024 | $4,862 +16.8% | $456,000 -2.9% |
| 2023 | $4,164 +18.4% | $469,700 +18.3% |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-6Distance: 2.1 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.4 mi
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Estimated market value
$514,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$514,000