Opportunity knocks. Offered for the first time in over 50 years. Nestled on a secluded no-outlet road, this unique lake home offers the perfect blend of tranquility, charm, and untapped potential. Just steps away from the water’s edge with 40 feet of South facing lakeshore on Gideon's Bay, boasting breathtaking panoramic lake views.
Enjoy the spacious screened-in deck, designed to soak in the scenery year-round. Inside, the home features vaulted ceilings, skylights, hardwood floors, and a cozy fireplace, all enhanced by a unique open floor plan that’s perfect for entertaining or unwinding.
Whether you're looking for a serene getaway, a renovation opportunity, or a dream rebuild, this property is poised with potential. Located just minutes from Downtown Excelsior, shopping and everyday amenities, yet worlds away from the hustle, this is your chance to own a slice of lakeside paradise. Don’t miss this rare opportunity to create your perfect lakefront lifestyle.
Pending
$1,349,000
475 Lakeview Ave, Tonka Bay, MN 55331
1beds
1,856sqft
Est.:
Single Family Residence
Built in 1965
6,969.6 Square Feet Lot
$1,292,400 Zestimate®
$727/sqft
$-- HOA
What's special
- 64 days
- on Zillow |
- 912 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 02:30pm
Listed by:
Kerby & Cristina Real Estate Experts 612-268-1637,
RE/MAX Results,
Amanda Peterson 763-591-6000
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6730566

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- 3/4 bathrooms: 2
Rooms
- Room types: Flex Room, Bedroom 1, Kitchen
Bedroom 1
- Level: Lower
Flex room
- Level: Main
Kitchen
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: Egress Window(s),Partially Finished,Sump Pump,Tile Shower
- Number of fireplaces: 2
- Fireplace features: Decorative, Gas
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
- Finished area above ground: 928
- Finished area below ground: 592
Property
Parking
- Total spaces: 2
- Parking features: Detached, Concrete
- Garage spaces: 2
- Details: Garage Dimensions (22x31)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Screened
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Bay, Lake, South
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake Front, Lake View, Waterfront Num(27013300), Lake Bottom(Hard, Sand), Lake Acres(14205), Lake Depth(113)
- Body of water: Minnetonka
- Frontage length: Water Frontage: 40
Lot
- Size: 6,969.6 Square Feet
- Features: Accessible Shoreline, Many Trees
Details
- Foundation area: 928
- Parcel number: 2711723320016
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- Age of Property: 60
- New construction: No
- Year built: 1965
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Minnetonka Lake Park
HOA
- Has HOA: No
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $727/sqft
- Tax assessed value: $1,320,500
- Annual tax amount: $16,043
- Date on market: 6/14/2025
- Road surface type: Paved
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