Tonka Bay

About Tonka Bay

Real Estate Statistics
Total Listings 9
Average Price $2,000,593
Highest Price $3,895,000
Lowest Price $495,836

Where upper and lower lake meet

Tonka Bay was originally the 160 acre estate of Peter and Wealthy Gideon.  They developed an apple orchard on it and created an apple named “Wealthy” after Mrs. Gideon.  Fifty years after they settled, the city of Tonka Bay was formed using the 160 acres that was their home.  In a homage to the founders, Gideons Bay on Lake Minnetonka bears their name.

  • The first of Lake Minnetonka’s grand hotels was built in Tonka Bay in 1879. The Tonka Bay Hotel had 200 rooms and its visitors arrived from Minneapolis via the railroad. The boating, fishing, tennis, and dining brought in a wealthy crowd from downtown and the hotel was able to charge $3 a night!  Details are a bit sketchy but sometime between the 1920’s and 1930’s, ownership changed hands and led to the demise of the Tonka Bay Hotel.

  • Tonka Bay Marina sits where the Tonka Bay Hotel used to be.  The Marina is one of the largest on the Lake with its acquisition of the Excelsior Bay Docks in 2000, acquisition of the St Albans Bay Docks in 2005, and most recently, the acquisition of the Shorewood Yacht Club.       

  • Tonka Bay is about one square mile and has more Minnetonka shoreline than any other city its size. It’s a small quaint village with about 650 households in it and more than half the homes are on the lake (317 vs 310). 

  • The town is the epitome of lakeside living and is located directly between the lower and upper body of Lake Minnetonka.   Clay Cliffe, a neighborhood in Tonka Bay, is one of three gated communities in the Twin Cities.

  • Tonka Bay is a city of artists! Tonka Bay has more designers, artists, and people working in the media than 90% of the communities in America. This has helped shape the character and feel of Tonka Bay. It is a decidedly artistic community with an emphasis on arts and expression.

Tonka Bay annually receives an A+ crime rating from AreaVibes with no reports of violent crime per year.  The crime rate in Tonka Bay is 76% lower than the national average. The South Lake Minnetonka Police Department serves the cities of Tonka Bay, Shorewood, Excelsior and Greenwood. The Excelsior Fire Department services the city of Tonka Bay along with Excelsior, Deephaven, Shorewood and Greenwood. These police and fire departments are known for their quick response time and preventive measures that help keep Tonka Bay a very safe place to live.  You can call the SLMPD and have your home placed on the vacation checklist any time you leave town and a police officer will regularly check on the home.   

Tonka Bay has an assortment of neighborhoods and varied price points.  Tonka Bay’s lakeshore homes are some of the most expensive homes in the state and within the country. The exclusive lake developments such as Clay Cliffe and Gideon’s Point help drive up the average price of homes sold in Tonka Bay. The average Tonka Bay home sold in 2017 for $999,672 with 40 days on market.

  

Browse Tonka Bay Real Estate Listings

All Listings $400,000 - $500,000 Over $1,000,000

Browse Tonka Bay Real Estate Listings

9 Properties Found. Page 1 of 1.
Photo of Listing #5498367

91 Wildhurst Rd, Tonka Bay

$1,650,000 - 5 Beds, 5 Baths, 4,656 Sf

MLS® # 5498367

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo
Photo of Listing #5431456

75 W Point Dr, Tonka Bay

$495,836 - 3 Beds, 4 Baths, 2,520 Sf

MLS® # 5431456

RE/MAX Advantage PlusRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5495068

190 Birch Bluff Rd, Tonka Bay

$2,225,000 - 6 Beds, 4 Baths, 3,954 Sf

MLS® # 5495068

Trenary Realty groupRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5495440

70 Wildhurst Rd, Tonka Bay

$3,100,000 - 4 Beds, 4 Baths, 5,071 Sf

MLS® # 5495440

Lakes Sotheby's International RealtyRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5432163

55 Clay Cliffe Dr, Tonka Bay

$1,799,500 - 4 Beds, 4 Baths, 6,043 Sf

MLS® # 5432163

Edina Realty, Inc.Regional Multiple Listing Service of Minnesota Logo
Photo of Listing #5474370
Enhanced

64 Pleasant Ave, Tonka Bay

$1,150,000 - 4 Beds, 4 Baths, 4,451 Sf

MLS® # 5474370

Lakes Sotheby's International RealtyRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5264118

95 Crabapple Ln, Tonka Bay

$1,395,000 - 3 Beds, 2 Baths, 1,862 Sf

MLS® # 5264118

Keller Williams Premier Realty Lake MinnetonkaRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5205792

29 Fairhope Ave, Tonka Bay

$2,295,000 - 4 Beds, 3 Baths, 3,408 Sf

MLS® # 5205792

Lakes Area RealtyRegional Multiple Listing Service of Minnesota Logo
Photo of Listing #5226971

295 Lakeview Ave, Tonka Bay

$3,895,000 - 3 Beds, 3 Baths, 4,367 Sf

MLS® # 5226971

Lakes Sotheby's InternationalRegional Multiple Listing Service of Minnesota Logo

 

INSIDER TIPS

  • Tonka Bay annually receives an A+ crime rating from AreaVibes with no reports of violent crime per year.  The crime rate in Tonka Bay is 76% lower than the national average. 

  • The South Lake Minnetonka Police Department and Excelsior Fire Department serves the city of Tonka Bay.  These police and fire departments are known for their quick response time and preventive measures that help keep Tonka Bay a very safe place to live.  You can call the SLMPD and have your home placed on the vacation checklist any time you leave town and a police officer will regularly check on the home.   

Tonka Bay is proud of their parks and playground facilities and for a city this small, they have a lot to offer. The parks and beaches in Tonka Bay area:

 

RETAIL AND DINING

  • Tonka Bay Marina offers dockage, servicing, and storing of boats. The restaurant at Tonka Bay Marina, the Caribbean, has a fun and eclectic vibe to it and makes a nice place to grab a burger on a warm summer day. 

  • The largest concentration of commerce is located at the Tonka Village Shopping Center. With a bowling alley, Caribou Coffee, women’s clothing store, workout facility, two restaurants, and a dry cleaner, it’s easy to find what you need close to home.

MINNETONKA SCHOOL DISTRICT

Tonka Bay is located within the Minnetonka School District

  • Minnetonka School District is nationally recognized as one of the best school districts in the state.  24/7 Wall St. lists the Minnetonka School District as the best school district in Minnesota.

  •  It currently has 10,600 students enrolled in kindergarten through twelfth grade. The Minnetonka School District serves families in the Minnetonka, Chanhassen, Deephaven, Eden Prairie, Excelsior, Greenwood, Shorewood, Tonka Bay, Victoria and Woodland areas. 

  •  91% of Minnetonka High School students graduate are college bound and over 97% of the students who attend MHS graduate. 

  • Niche.com ranks the Minnetonka School District #2 in Minnesota.

  • The Washington Post lists Minnetonka High School as one of America’s Most Challenging High Schools—ranked #4 in Minnesota and #278 nationally. 

  • U.S. News & World Report ranked Minnetonka High School #11 in Minnesota and #568 nationally.

  • The Minnetonka School District has six elementary schools including Spanish and Chinese immersion schools, two middle schools and one high school.  

SCHOOLS IN THE MINNETONKA SCHOOL DISTRICT

  • Clear Springs Elementary

  • Deephaven Elementary

  • Excelsior Elementary

  • Groveland Elementary 

  • Minnewashta Elementary

  • Scenic Heights Elementary

 

MIDDLE SCHOOLS

  • Minnetonka Middle School East

  • Minnetonka Middle School West

  • Minnetonka High School

 

Residents of Tonka Bay would attend Minnewashta Elementary, Minnetonka MIddle School West and Minnetonka High School.

 

 

Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Lakes Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Lakes Sotheby's International Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Lakes Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on March 28th, 2020 at 2:21am CDT.