Don't miss this beautiful coastal-inspired home in the demand Gideon's Point neighborhood! This picturesque, custom-built home comes with a deeded 32 x 14 foot overed deep water boat slip, providing lake life without the shore upkeep and lakeshore taxes. Located on Grade-A rated Gideon's Bay (Lower Lake) on Lake Minnetonka, the home is also in the award-winning Minnetonka School District!
This rare opportunity is available only due to relocation. The home features 4 bedrooms (all ensuites) with an incredible main floor primary bedroom and its own private balcony. A catwalk over-looking the great room connects two more bedrooms, with the 4th bedroom located on the lower level. Also featured: A main floor office/den with private screened porch; a gourmet kitchen with a huge center island which opens to the family room; a light-filled vaulted living room, dining area and family room -- all with soaring windows and private views of nature. On the lower walk-out level you'll find a wet bar; media/family room; games & entertainment spaces, the 4th bedroom and storage.
A 3-car insulated & heated garage; beautiful private wooded grounds with a fire pit, mature trees and garden; a fully fenced back yard, and an expansive deck all make this property ideal for family and friends.
The $3100/year HOA fee covers the dock (in and out, plus maintenance; weekly cleaning & maintenance of commons area grounds. No Resale Disclosure Certificate available. Boat slip stays with the property; no lottery or rotating system between homeowners. Property is just minutes from downtown Excelsior and Wayzata. 30-minutes to downtown Minneapolis and MSP International Airport.
Active
$2,250,000
45 Gideons Point Rd, Tonka Bay, MN 55331
4beds
5,860sqft
Est.:
Single Family
Built in 1989
0.75 Acres Lot
$2,152,800 Zestimate®
$384/sqft
$258/mo HOA
What's special
Mature trees and gardenExpansive deckGames and entertainment spaces
- 38 days |
- 2,554 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 12:54pm
Listed by:
Carolyn H Olson 952-270-5784,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7008984
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24x15
Bedroom 2
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 3
- Level: Upper
- Area: 198 Square Feet
- Dimensions: 18x11
Bedroom 4
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 20x12
Other
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 14x13
Other
- Level: Lower
- Area: 140 Square Feet
- Dimensions: 14x10
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Family room
- Level: Main
- Area: 372 Square Feet
- Dimensions: 24x15.5
Family room
- Level: Lower
- Area: 450 Square Feet
- Dimensions: 30x15
Flex room
- Level: Main
- Area: 76.5 Square Feet
- Dimensions: 9x8.5
Great room
- Level: Main
- Area: 378 Square Feet
- Dimensions: 21x18
Kitchen
- Level: Main
- Area: 378 Square Feet
- Dimensions: 27x14
Loft
- Level: Upper
- Area: 42 Square Feet
- Dimensions: 7x6
Office
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16x9
Heating
- Forced Air, Zoned
Cooling
- Central Air, Zoned
Features
- Basement: Finished,Full,Storage Space,Tile Shower,Walk-Out Access
- Number of fireplaces: 4
Interior area
- Total structure area: 5,860
- Total interior livable area: 5,860 sqft
- Finished area above ground: 3,850
- Finished area below ground: 1,571
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Electric, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (38x24)
Accessibility
- Accessibility features: None
Features
- Levels: Modified Two Story
- Stories: 2
- Waterfront features: Deeded Access, Dock
Lot
- Size: 0.75 Acres
- Dimensions: 182 x 265 x 109 x 227
Details
- Foundation area: 2813
- Parcel number: 2711723230113
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Gideons Point
HOA
- Has HOA: Yes
- Services included: Dock, Shared Amenities
- HOA fee: $3,100 annually
- HOA name: Mike Harter.... mjharter5@mail.com
- HOA phone: 231-231-2340
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $1,899,500
- Annual tax amount: $21,216
- Date on market: 2/21/2026
Estimated market value
$2,152,800
$2.05M - $2.26M
$7,727/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listed for sale | $2,250,000+13.6%$384/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7008984 Report a problem | ||
| 4/1/2024 | Sold | $1,980,265-0.7%$338/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6423360 Report a problem | ||
| 1/29/2024 | Pending sale | $1,995,000$340/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6423360 Report a problem | ||
| 1/19/2024 | Listed for sale | $1,995,000$340/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6423360 Report a problem | ||
| 10/31/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6423360 Report a problem | ||
| 9/25/2023 | Listed for sale | $1,995,000+99.5%$340/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6423360 Report a problem | ||
| 3/29/2010 | Sold | $1,000,000-22.8%$171/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1576659 Report a problem | ||
| 6/14/2009 | Price change | $1,295,000-4%$221/sqft |
Source: NRT Minneapolis #3674116 Report a problem | ||
| 4/26/2009 | Listed for sale | $1,349,000-7.4%$230/sqft |
Source: NRT Minneapolis #3674116 Report a problem | ||
| 8/9/2005 | Sold | $1,457,500+32.5%$249/sqft |
Source: Public Record Report a problem | ||
| 11/6/2002 | Sold | $1,100,000+69.2%$188/sqft |
Source: Public Record Report a problem | ||
| 1/31/1997 | Sold | $650,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,216 +12.8% | $1,899,500 +10.4% |
| 2024 | $18,809 +7.8% | $1,721,100 +6.5% |
| 2023 | $17,440 +9.5% | $1,616,500 +8.9% |
| 2022 | $15,924 -0.7% | $1,484,000 +19.5% |
| 2021 | $16,040 +2.6% | $1,242,000 +0.4% |
| 2020 | $15,635 -2.5% | $1,237,000 +7.4% |
| 2019 | $16,040 +2.6% | $1,152,000 +5.1% |
| 2018 | $15,635 -4.2% | $1,096,000 +0.9% |
| 2017 | $16,320 +8.5% | $1,086,000 +7.7% |
| 2016 | $15,037 +6.6% | $1,008,000 |
| 2015 | $14,110 -0.2% | $1,008,000 +10.5% |
| 2014 | $14,140 0% | $912,000 -8.2% |
| 2013 | $14,146 +4.8% | $994,000 -0.6% |
| 2012 | $13,500 -5.5% | $1,000,000 -9.1% |
| 2011 | $14,283 -8.2% | $1,100,000 -15.3% |
| 2010 | $15,567 -2.2% | $1,299,000 -6.2% |
| 2009 | $15,921 +7.6% | $1,385,000 +13.4% |
| 2006 | $14,798 +9.5% | $1,221,300 +15% |
| 2005 | $13,513 -0.1% | $1,062,000 +6.1% |
| 2004 | $13,526 +6.4% | $1,001,200 +12% |
| 2002 | $12,718 -41.9% | $894,000 |
| 2001 | $21,883 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,931/mo
Principal & interest
$11479
Property taxes
$2194
HOA Fees
$258
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Climate risks
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-6Distance: 1.8 mi
- 8/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.9 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.6 mi
Local experts in 55331
- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 45 Gideons Point Rd
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