Beautifully updated home on premier “A”-rated Gideon Bay of Lake Minnetonka with 60 feet of prime, south-facing shoreline and unobstructed lake views. Enjoy level, walk-out access to the water and abundant natural light throughout, thanks to all of the expansive windows. Renovated by Revision by Stonewood in 2018 and meticulously maintained, this home blends timeless charm with modern updates. The upper level features the primary suite with private bathroom, three bedrooms and an additional bathroom. The main level includes a flexible office or fifth bedroom, laundry/mudroom, and a full bathroom. The unfinished lower level offers ample storage. Outdoor and storage needs are met with both an attached 2-car garage and a large detached 26' x 27' 2-car garage—perfect for boats, lake toys, or extra vehicles. Newly built in 2022, the guest cottage provides an additional 226 sqft of living space for visitors, a home office, or creative pursuits. Enjoy dining and relaxing outdoors on the spacious lakeside patio that was updated in 2021. Located minutes from downtown Excelsior, Orono, Wayzata, and Chanhassen and within the award-winning Minnetonka School District. An exceptional opportunity to own a turnkey lakefront property in one of Lake Minnetonka’s most desirable locations.
Closed
$3,175,000
465 Lakeview Ave, Tonka Bay, MN 55331
4beds
3,505sqft
Single Family Residence
Built in 1990
0.31 Acres Lot
$3,164,500 Zestimate®
$906/sqft
$4,994 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 22, 2025 at 09:33am
Listed by:
Max C Zinn 612-281-7060,
Coldwell Banker Realty,
Hans C Zinn 612-964-8111
Bought with:
Sarah E Polovitz
Compass
Al Anderson
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6748408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom 1
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 3
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 4
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Other
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17x11
Informal dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Laundry
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10x7
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Office
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
Features
- Basement: Drain Tiled,Full,Storage Space,Sump Pump,Unfinished
- Number of fireplaces: 1
- Fireplace features: Decorative, Gas
Interior area
- Total structure area: 3,505
- Total interior livable area: 3,505 sqft
- Finished area above ground: 2,440
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached, Asphalt, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Storage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: None
- Fencing: Partial,Privacy,Wood
- Has view: Yes
- View description: South
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Waterfront Num(27013300), Lake Bottom(Hard, Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 60
Lot
- Size: 0.31 Acres
- Features: Accessible Shoreline, Wooded
Details
- Additional structures: Additional Garage, Bunk House
- Foundation area: 1065
- Parcel number: 2711723230123
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Board
- Roof: Age Over 8 Years,Asphalt
Condition
- Age of Property: 35
- New construction: No
- Year built: 1990
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: Minnetonka Lake Park
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
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Estimated market value
$3,164,500